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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 ChamBidon Jun 23, 2020 9:27am
266 Views
Post# 31180092

RE:RE:Thinking about the drilling time now and after looking thru

RE:RE:Thinking about the drilling time now and after looking thru It would be great to think the drill campaign is almost done but someone posted on CEO.ca on June 15, saying that John Kaiser mentioned Azimut had completed a dozen holes. That would lead me to believe they wouldn't be done before the end of June and with the Canada day holiday, they may be done close to July 7th. 

What I am hoping is that they have sent in the drill core for assaying results to the lab for some of the first holes. Still, I don't think we'll get a NR until after July 1st, unless, they provide an update of where they stand at Elmer (i.e. 12 holes are being assayed, 'we saw mineralization in all the core', we expect to be done the last holes by such date, etc.).

I'm seriously overweigth in AZM and am antsy about seeing results but I'm very confident that patience will be rewarded. In a few weeks, I'll probably have wished I bought another 10,000 shares!

Cheers!
Bullboard Posts