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Azimut Exploration Inc V.AZM

Alternate Symbol(s):  AZMTF

Azimut Exploration Inc. is a Canada-based mineral exploration company. The Company holds the mineral exploration portfolio in Quebec. The Company’s projects include Elmer, JB Lithium, JB Nickel and Wabamisk. Its wholly owned flagship Elmer Gold Project is advancing to the initial resource stage in the James Bay region. The Elmer property is located in the central region of the La Grande Subprovince. The property is located five kilometers (km) west of the Billy-Diamond Highway and 60 km from Eastmain, a Cree community on the east coast of James Bay. The Wabamisk property is a 40 km by 10 km gold project located about 70 km south of the Eleonore gold mine (Newmont Corporation) and has a comparable geological context and geochemical signature. Its other key projects include Chromaska, Corne, Doran, Mercator and Pilipas. The Corne property is located within the metasedimentary Opinaca Subprovince (Superior Province), close to the boundary with the Opatica Subprovince.


TSXV:AZM - Post by User

Bullboard Posts
Post by krishakon Jun 14, 2012 3:48pm
331 Views
Post# 20015308

AZM - Strategic Update.

AZM - Strategic Update.

it's a good report, professionally presented, just the facts. AZM may be in a similar situation to GQC. Last year GQC missed the target in their exploration in the Dominican Republic. Investors panicked and sold the shares down from
.45 to
.04 last month. But GQC figured out why they missed, reassesed their strategy and drilled 231Metres of 2.4g/t Au, including 160M of 2.9g/tAu and 0.62%Cu. In response to that news the stock went up over 1000%. AZM missed last year. But the metal is in the ground - somewhere, the grab samples prove that. Augossan on Rex South was probably not the best target, Copperton looks more prospective. Hopefully Lulin will be able to figure out to hit the target this summer.

Bullboard Posts