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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 redbarchettaon Sep 15, 2020 9:40am
274 Views
Post# 31559156

RE:RE:RE:Results

RE:RE:RE:ResultsI believe the guidance is right smack in front of us in the first paragraph:

"Drill results to date confirm a significant and consistent gold-bearing mineralized system, including a high-grade component in most holes."

To your point Frank, I belive CEO Garofalo knows a little more than the average trader of what a large gold system looks like, and it's my take that he would NEVER invest in something interpreted to be sputtering out in a localized system. 

Zones 2,4,5 are the "wild cards"..., and you can bet that he's had a glimpse of them beforehand. This is the only logical explanation for why he invested at this price WITHOUT warrants. It's my opinion that this system is tied, large and geologically speaking contiguos on Zones 2,4,5.  These next holes will demonstrate this.  And you can bet that they will utilize any weakness to accumulate today, and I bet we close $1.85 - $1.95.

Look forward to what JML has to say today at Beaver Creek Summit (remote conference) about the next assays, and whether he hints at mineralized found on these other zones.  Also look forward to new info on PIKWA and REX their other gargantuan opportunities. 
Long and strong AZM, and congrats JML for hitting widely across this ELM 1, and for expanding the width by 50% and the depth by 25%.  This IS the real meat or progress of this NR today, which bodes very well for a continued expansion across km's at Patwon.
Bullboard Posts