Nunavik – Polymetallic Overview
Major polymetallic projects
Azimut identified very large and very strong geochemical footprints for copper and REE in Nunavik, northern Quebec, and began acquiring the most significant targets in November 2009.
The Rex Trend: A new mineral province
Azimut has a commanding position over the extensive Rex Trend (see map), largely defined by a strong 330-km-long copper anomaly in lake-bottom sediments coupled with a strong 100-km-long REE anomaly.
Management considers the Rex Trend to be a new mineral province with a potential for hosting large-scale deposits, including iron oxide copper-gold (IOCG) deposits, intrusion-related polymetallic deposits, and sediment-hosted gold deposits.
The trend presents similarities with the Carajás Mineral Province in Brazil, which hosts several large IOCG deposits and intrusion-related Cu-Au-(W-Bi-Sn) and W deposits (Breves, Aguas Claras) associated with anorogenic granite intrusions.
The Rex Trend also covers a deep-seated structural corridor (the “Allemand-Tasiat Zone”), which has been previously recognized by the Ministry of Natural Resources of Quebec as being prospective for diamonds.
Work to date
Work to date on the Rex Trend properties comprises 21,379 line-km of airborne geophysics, 6,226 in-fill lake-bottom sediment samples, 7,628 rock samples from prospecting, and 7,070 m of rotary drilling (82 holes). This work and the controlling land position provide Azimut with a key exploration advantage in the region.