Symbol: AZM.TSX Venture

LONGUEUIL, QC , Sept.29, 2014 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut" or the "Company") (TSXV : AZM)  is pleased to report that its recent helicopter-borne geophysical survey completed on the Nantais Property (see press release of August 27, 2014 ) may significantly expand the gold-polymetallic mineralized corridor previously recognized on the property.

The mineralized corridor, 3 km long by 200 m wide, appears to be roughly coincident with a larger group of electromagnetic anomalies now defining a much wider prospective envelope up to 900 m wide (see figure appended). In addition, this prospective corridor may extend further north with another group of electromagnetic anomalies to define a target zone 4 km long by 800 m wide. Prospecting work in preparation for a core drilling program is planned for the property.

Geotech Ltd of Aurora, Ontario , performed a VTEM-Plus time-domain electromagnetic survey and a high-resolution magnetic survey to identify the conductor axes. The results were further interpreted by Jeremy S. Brett , senior geophysical consultant for MPH Consulting Limited of Toronto, Ontario .

The Nantais Property covers an under-explored, 20-km-long Archean greenstone belt entirely controlled by Azimut. The project comprises 383 claims with a surface area of 160.5 km². It is located about 80 km south of Glencore's world-class Raglan nickel-PGE mine and 115 km southwest of the Inuit village of Kangiqsujuaq .

This press release was prepared by geologist Jean-Marc Lulin acting as Azimut's Qualified Person under National Instrument 43-101.

Azimut is a mineral exploration company with the objective of discovering major ore deposits. The Company holds the largest exploration portfolio in Nunavik. Azimut's core business is project generation using cutting-edge targeting methodologies, along with partnership development. Azimut has 37.6 million shares issued, of which 48% are held by insiders and institutional shareholders. The Company has no debt and $2.0 million in working capital.

SOURCE Azimut Exploration Inc.