Azimut Exploration Begins Updated Resource Estimate for Patwon Gold Deposit

Bitget2026/11/03 11:31

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Azimut Exploration is updating the mineral resource estimate for its Patwon gold deposit at the wholly owned Elmer property in Québec.
Completion is expected by year-end 2026, incorporating new drilling results, updated costs and higher gold price assumptions.
The 2023 estimate contained 311,200 indicated ounces and 513,900 inferred ounces, using a gold price of US$ 1,800 per ounce.
Eastern step-out drilling intersected 3.15 grams per metric ton of gold over 7.05 meters outside the existing resource shell.
Several parties have expressed interest in the project; development options will be assessed following the resource update.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Azimut Exploration Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611030630PRIMZONEFULLFEED9868753) on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Azimut Exploration Begins Updated Resource Estimate for Patwon Gold Deposit

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