Nunavik’s Mineral Wealth
Nunavik comprises the northern third of the province of Quebec above the 55th parallel, covering an area of 507,000 km². It is the homeland of the Inuit of Quebec, and in their language, Nunavik means “place to live” (Inuktitut: ᓄᓇᕕᒃ).
Potential for world-class discoveries
Nunavik is a largely under-explored region with huge geological potential for a variety of commodities, in a province recognized around the world as a low-risk jurisdiction for exploration and mining.
Azimut is focusing on Nunavik’s potential for large-scale copper, gold, silver and rare earth deposits. Several deposit types are envisioned, such as Iron Oxide Copper Gold (IOCG), gold-copper porphyry, sediment-hosted gold, and volcanogenic massive sulphides (VMS).
Largest property portfolio in Nunavik
The Company holds the largest exploration portfolio in Nunavik, Northern Quebec, including a dominant land position over the Rex Trend with four polymetallic properties.
The information used in the targeting process included multi-element lake-bottom sediment geochemistry, geophysics, geology and remote sensing data.
Azimut’s proprietary methodology is particularly suited to remote and under-explored regions like Nunavik.
Validation of the results
Follow-up fieldwork has validated the modelling results, leading to the discovery of more than 200 new mineralized prospects on Azimut’s Nunavik properties.