Azimut Exploration Inc. (TSXV: AZM) reported this morning that it has started a new 20,000-metre drill program at its 100%-owned Elmer property in the James Bay region of Quebec. The firm said the aim of the program is to continue delineation drilling on the Patwon gold zone and prepare a maiden resource estimate for the property.
The program involves 14,000-metre diamond drilling to expand the Patwon gold zone and 6,000-metre diamond drilling to test new targets and following up on previously drill-tested targets.
The Elmer property hosts 515 mining claims covering 271,300 hectares over a 35-kilometre strike length. One drilling rig is already operational at the Patwon gold zone while a second rig is scheduled in mid-November. A third rig for exploration drilling is scheduled for late November.
Azimut Exploration Inc. last traded at $2.08 on the TSX Venture.
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