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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
Comment by MatthewZyon Jan 19, 2020 9:11am
274 Views
Post# 30570622

RE:RE:RE:RE:AZM heading to 3...SPMT is about to explode

RE:RE:RE:RE:AZM heading to 3...SPMT is about to explodeGBR is a good example idleintruder.
AZM is not going to have the same news flow as they are "identifying targets" so likely more patience required..  initial results are what caught my eye with AZM since these are better then most that turned out to be great deposits (VGQ and PRB are a couple that come to mind).    

GBR's initial press release of drilling results was Aug 1st 2018. 
Stock was 60 cents /w 23.54m shares o/s prior to the release of: 
16.80 metres of 5.60 grams per tonne gold, including 2.70 metres of 14.92 g/t gold

then subsequent results: 


8/22 stock @ $1.18 & highlight hole : 16.35m of 26.91 g/t Au
9/20 @ $1.85: 7m of 68.76 g/t Au
9/20 @ $1.81: 1.75 m of 101.05 g/t Au
11/29 @2.61: 3.1 m of 6.71 g/t Au

...Currently GBR shares are @ ~8.50 and mcap is ~384m 


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