Azimut Exploration Inc V.AZM

Alternate Symbol(s): AZMTF

Metals & Mining Industrial Metals & Minerals

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.

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Azimut Exploration Inc

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Comment by krishakon May 03, 2017 11:06am

171 Views

Post# 26197978

RE:RE:RE:Azimut intersects 4.9 g/t Au over 45.0 m at Eleonore South!!

and AZM is +$0.01 and ER is down $0.005 as I post. Must be because ER owns 36.7% of Eleanore South, whereas AZM only has 26.6%. Alternatively ER has 192million FD shares outstanding, whereas AZM only has 53.3million FD and 54% of those are held by insiders, so effective float is about 25million shares - that is tiny.

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