Symbol: AZM.TSX Venture
LONGUEUIL, QC,
Feb. 13, 2014 /CNW Telbec/ -
Azimut Exploration Inc ("Azimut" or "the
Company") (TSXV: AZM) is pleased to report that Hecla
Quebec Inc ("Hecla"), a wholly owned subsidiary of Hecla
Mining Company (NYSE-HL) will start a 5-hole diamond
drilling program totalling 1,200 metres on the Opinaca A property,
adjacent to Goldcorp's Eleonore gold mine in James Bay region of Quebec (see maps appended to the November 7, 2013 press release).
The drilling program will test the Smiley
target where a major gold anomaly in glacial sediments (till),
associated with a gold-arsenic anomaly in soil, has been outlined
by previous surveys. Located 8 kilometres northeast of the Eleonore
mine, this 1-kilometre-long target is associated with an E-W
trending deformation corridor at the intersection with other
subsidiary structures.
In 2014, Hecla
intends to spend $350,000 on the
Opinaca A & B properties, including $205,000 for this drilling program. Hecla has the option to earn up to a 60%
interest in the properties from Azimut and Everton Resources
Inc (TSXV: EVR), each company currently owning a 50%
interest in the properties.
This press release was prepared by geologist
Jean-Marc Lulin acting as Azimut's
Qualified Person under NI 43-101.
Azimut is a mineral exploration company with the
objective of discovering major ore deposits. The Company's core
business is project generation using cutting-edge targeting
methodologies, along with partnership development. Azimut has the
largest mineral exploration portfolio in Quebec.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release
SOURCE Azimut Exploration Inc.