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, 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 .
