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Azimut Exploration discovers gold vein system at Eleonore South JV property

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Azimut Exploration discovers gold vein system at Eleonore South JV property

Azimut Exploration Inc. discovered a high-grade gold-bearing vein system on the Eleonore South joint venture property in Quebec.

Channel composite samples from the Moni Prospect area assayed up to 79.6 g/t of gold over 4.25 meters and 79.5 g/t of gold over 5.87 meters.

The company said Oct. 17 that it plans to conduct additional drilling in the area in January 2018.

The Eleonore South joint venture is held 36.72% by Eastmain Resources Inc., 36.71% by Goldcorp Inc. and 26.57% by Azimut.

The discovery area is 15 kilometers from the Eleonore gold mine, which is owned and operated by Goldcorp.