AZIMUT EXPLORATION INC. Based on a visual examination of the drill core, other significant lithium intercepts are expected from this program.
In addition to Galinee, eight (8) of
HIGHLIGHTS
Hole GAL23-001: 2.48% Li2O over 72.7 m (from 139.5 m to 212.2 m)
including: 3.38% Li2O over 18.0 m (from 174.0 m to 192.0 m) 3.27% Li2O over 12.7 m (from 199.5 m to 212.2 m) 1.30% Li2O over 7.0 m (from 323.4 m to 330.4 m)
The main objective of this maiden drilling program was to test the down dip extension of the deposit defined on the adjacent Adina property, where
The previously disclosed visual observations of spodumene pegmatites in the Galinee drill core supported the downdip extension of the Adina deposit onto the Property .
The visual examination of the drill core also indicated a roughly east-west-trending lithium zone with a strike length of 700 metres at Galinee. This zone remains largely open to the east and south. More drilling will better define the geometry and true thickness of the pegmatite bodies. Initial data suggest a shallow dip to the south ranging from subhorizontal to 15 degrees.
To date, seventeen (17) holes have been drilled, totalling 4,914.9 metres. Eleven (11) holes (including GAL23-001) have cut significant spodumene mineralization. Pending assay results will be reported as soon as they become available.
Spodumene crystals generally range from a few to 50 centimetres long, with greyish-beige to greenish-beige colours. A portable LIBS (Laser Induced Breakdown Spectroscopy) analyzer was used to confirm the presence of lithium. Other associated minerals include quartz, white feldspar, tourmaline and, less frequently, garnet, apatite, lepidolite and colombo-tantalite. Holmquistite, a typical lithium-bearing amphibole formed at the margins of lithium-rich pegmatites, has also been observed. The host rock is dark green amphibolite.
Regional Analysis and Property-Scale Exploration Potential
Galinee displays a strong exploration potential supported by the project database and the results recently acquired by other companies on surrounding properties.
Emerging lithium district: Known lithium pegmatite occurrences appear spatially correlated with the Trieste Formation, a sheared mafic greenstone belt with ironstones, partly bounded by paragneisses.
As previously disclosed, the Galinee Property and other neighbouring projects are marked by well-defined lake-bottom sediment anomalies in elements that are widely recognized as pathfinders for LCT pegmatites (lithium-cesium-rubidium-gallium-tin).
Recent exploration results in the area indicate good spatial correlation between lithium mineralization in the bedrock and proximal lake sediment anomalies in pathfinder elements for LCT pegmatites. These anomalies can then be used as a key criterion to define exploration targets in underexplored sectors. Notably, most of these lake sediment anomalies are spatially superimposed to the Trieste Formation, which appears thus far to be the main host for LCT pegmatites in the area.
Only a very small part of the Galinee Property has been explored for lithium to date: The currently drilled area, in the northernmost part of the Property, is part of a much more extensive prospective zone continuing for 12 kilometres further east and over 21 kilometres along the northwest side of the project.
In the southern half of the Property, several sectors with 22 kilometres of cumulative strike also display a favourable geological context coupled with attractive lake sediment anomalies.
At Galinee, target definition and ranking is also supported by lithogeochemical data, till sampling results and remote sensing analysis.
At the scale of the
Spodumene pegmatite bodies hosted in sheared mafic greenstone belts belonging to the La Grande Subprovince, close to the tectono-metamorphic boundary with the Opinaca Subprovince.
Presence of peraluminous post-tectonic intrusions (
Well-defined lake sediment geochemical anomalies (lithium-cesium-rubidium-gallium-tin) spatially related to lithium mineralization.
Drilling Contract and Analytical Protocols
Core samples are sent to
The lithium content related to spodumene mineralization can only be accurately determined by assay analysis. The true widths of the drill intervals have not been determined at this stage. Grab samples are selective by nature and unlikely to represent average grades.
The Galinee Property
The Galinee Property (649 claims, 335 km2) is a 50/50 joint venture between
About
About
The Company uses a pioneering approach to big data analytics (the proprietary AZtechMine expert system) enhanced by extensive exploration know-how.
Contact:
Tel: (450) 646-3015
Cautionary note regarding forward-looking statements
This press release contains forward-looking statements, which reflect the Company's current expectations regarding future events related to the drilling results from the Galinee Property. To the extent that any statements in this press release contain information that is not historical, the statements are essentially forward-looking and are often identified by words such as 'consider', 'anticipate', 'expect', 'estimate', 'intend', 'project', 'plan', 'potential', 'suggest' and 'believe'. The forward-looking statements involve risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Many factors could cause such differences, particularly volatility and sensitivity to market metal prices, the impact of changes in foreign currency exchange rates and interest rates, imprecision in reserve estimates, recoveries of gold and other metals, environmental risks including increased regulatory burdens, unexpected geological conditions, adverse mining conditions, community and non-governmental organization actions, changes in government regulations and policies, including laws and policies, global outbreaks of infectious diseases, including COVID-19, and failure to obtain necessary permits and approvals from government authorities, as well as other development and operating risks. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this document. The Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, other than as required to do so by applicable securities laws. The reader is directed to carefully review the detailed risk discussion in our most recent Annual Report filed on SEDAR+ for a fuller understanding of the risks and uncertainties that affect the Company's business.
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