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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 BobMabenaon Dec 01, 2020 4:29pm
136 Views
Post# 32011948

RE:RE:RE:The property

RE:RE:RE:The propertyThey have a nice collection of properties in areas with proven winners.  They are now in the heavy exploration phase with essentially 3 swings up coming.   They have the capital they need to pull it off and I would personally be surprised if we see dust in Pikwa.  Elmer teased the find of the century and so expectations were crazy,  it's clear they are sitting on something of value but it's not the billion dollar deposit Kaiser teased.   Newmont is 40km away and even if the Elmer find is relatively small,  it would be a nice addition to the Eleonor mine to extend it's life.  

I am not going to buy more AZM but I think at 80-90 cents,  you can sleep at night and know that at some point in the future it will pop at least a little.  
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