Azimut Expands Fortin Antimony-Gold Zone with High-Grade Drill Results
Event summary
- Azimut completed its third diamond drilling program on the Fortin antimony-gold zone, drilling 27 holes for 5,108 metres.
- Highlights include 0.87% Sb over 12.5 m and 0.54% Sb over 17.0 m, with gold zones returning 4.66 g/t Au over 6.0 m.
- The Fortin Zone has been expanded to at least 1.8 kilometres in strike length, with mineralization tested down to 300 metres vertically.
- The Fortin South gold zone has been traced along a minimum 1,300-metre strike by 18 drill holes.
- The Wabamisk Property is emerging as a district-scale play with strong exploration potential.
The big picture
Azimut's continued expansion of the Fortin antimony-gold zone underscores the growing importance of critical minerals like antimony, which is subject to supply shortages and geopolitical risks. The Wabamisk Property's emerging district-scale potential positions Azimut as a key player in Québec's mineral exploration sector, particularly in the context of diversifying supply chains away from China. The strategic location of the property, near major infrastructure and other significant mineral deposits, further enhances its long-term prospects.
What we're watching
- Resource Expansion
- Whether Azimut can sustain the pace of high-grade intercepts in future drilling programs.
- Market Dynamics
- How the volatility in antimony prices will impact the valuation of the Fortin Zone.
- Execution Risk
- The effectiveness of Azimut's ground geophysical survey and mechanical stripping in identifying new targets.
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