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 ChamBidon Jun 15, 2020 9:34am

179 Views

Post# 31150536

RE:RE:RE:Drilling

Idleweiss,

I agree with Rats07...look at the June Corporate presentation, it has great a deal of information.
Those channel samples you quote are 'cute' but it's when you look at the drill results from the November 2019 campaign that one gets impressed and excited.

It is the drill results presented in mid-January 2020 that explains the price surge from $0.50 to $1.50...now, it's the anticipation of the next drill results (30 holes) that is allowing the share price to increase.
(Also, the share price is most likely undervalued...only a few more weeks of being able to buy below $3.50 in my opinion.)

I did some rereading of that presentation as well as some other News Releases this weekend and really looking forward to the continued progress on all of their properties this year (Elmer, Pikwa, Rex, Rex South, Munischiwan).
Cheers!

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Two micro-cap stocks with strong fundamentals