financetom
Business
financetom
/
Business
/
Azimut Exploration Highlights New Lithium Results From Second Phase of Diamond Drilling on Galinee Property
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Azimut Exploration Highlights New Lithium Results From Second Phase of Diamond Drilling on Galinee Property
Jun 19, 2024 4:43 AM

07:16 AM EDT, 06/19/2024 (MT Newswires) -- Azimut Exploration ( AZMTF ) on Wednesday highlighted new lithium results from the second phase of diamond drilling on the Galinee property in the Eeyou Istchee James Bay region of Quebec, Canada.

The results of this campaign confirmed a wide and high-grade lithium zone on the property, which now appears to be one of the most significant lithium pegmatite discoveries in the James Bay region, the company said, adding that it had drilled 14 holes for a total of 3,204 meters in this second phase.

The company, which is partnering with SOQUEM to develop the Galinee property, will continue drilling this summer. A property-scale till sampling and prospecting program is being carried out to identify additional drilling targets, the company said.

Among the highlights, Hole GAL24-018 returned 1.66% lithium oxide over 40.45 meters, including 2.61% lithium oxide over 21.60 meters and 0.95% lithium oxide over 14.40 meters.

Hole GAL24-022 returned 2.53% lithium oxide over 25.90 meters, including 3.16% lithium oxide over 19.75 meters. Hole GAL24-023 returned 2.02% lithium oxide over 32.23 meters, including 3.28% lithium oxide over 6.73 meters.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exclusive-Yellen warns incoming Trump team against interfering with bank supervision
Exclusive-Yellen warns incoming Trump team against interfering with bank supervision
Dec 13, 2024
By Andrea Shalal and David Lawder WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday urged the incoming Trump administration to refrain from interfering with what she called critically important appropriate regulation of American banks' capital levels, liquidity and risk-taking. Yellen, who has served as U.S. President Joe Biden's Treasury secretary since he took office in January 2021, said...
US FDA lifts partial clinical hold on BioNTech cancer drug study
US FDA lifts partial clinical hold on BioNTech cancer drug study
Dec 13, 2024
Dec 13 (Reuters) - BioNTech SE said on Friday it has been informed by its partner OncoC4 that the U.S. Food and Drug Administration has lifted the partial clinical hold on its late-stage trial studying its drug for a type of lung cancer. ...
US FAA moves to streamline key commercial space launch hurdle
US FAA moves to streamline key commercial space launch hurdle
Dec 13, 2024
WASHINGTON (Reuters) - The Federal Aviation Administration said Friday it was moving to streamline a key commercial space launch and reentry license hurdle, declaring some flight safety analyses in California, Florida, and Virginia satisfy requirements. The FAA noted the commercial space industry often cites meeting flight safety analysis requirements as a challenge before launches. The FAA said the change reduces...
Northwestern Energy Group Insider Sold Shares Worth $384,430, According to a Recent SEC Filing
Northwestern Energy Group Insider Sold Shares Worth $384,430, According to a Recent SEC Filing
Dec 13, 2024
04:07 PM EST, 12/13/2024 (MT Newswires) -- Anthony Thomas Clark, Director, on December 12, 2024, sold 7,400 shares in Northwestern Energy Group ( NWE ) for $384,430. Following the Form 4 filing with the SEC, Clark has control over a total of 16,816 shares of the company, with 16,816 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1993004/000199300424000118/xslF345X05/wk-form4_1734123847.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved