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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

Comment by thegoldenmanon Nov 18, 2020 3:15pm
271 Views
Post# 31924141

RE:To buy or not to buy

RE:To buy or not to buy
Hello to you guys
I wrote this morning to J-M Lulin.
I had spoken to Mr. Lulin two months ago.

here is the translation of my writing:

My name is xxxxx, we spoke two months ago.
You were very confident of the work on Elmer of the strength of the company.
I am concerned about the results on Elmer as no press release is being issued to inform shareholders.
Today you release a press release unrelated to Elmer, is the scan taking longer than expected or the results below expectations and calling for more exploration.

Reply :
Hello Mr. xxxx,

There is nothing that should make you believe the situation has changed since our conversation.
Elmer results will be released once the results are available and complete. We are doing everything to speed up. However, the laboratories subject us to unusually long delays. We have no control over these deadlines.

Today's press release indicates that work will begin on the Wapatik project located in geological continuity with Elmer. So there is a certain connection. The knowledge gained on the Elmer project will be used.

Personal it reassures me a lot
you do what you want
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