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 > Manarch take over by Yamana - TMac by Agnico: good for AZM

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Post by krightg9boon Jan 05, 2021 9:01am

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Post# 32222481

Manarch take over by Yamana - TMac by Agnico: good for AZM

These 2 acquisitions since begining of 2021 in Canada will sent the tone of consolidation and acquisition of juniors by big gold miners in order to increase their number of ounces in the ground that has been flaged by analysts as the week point of their true valuation on the market. It will accelarate with the price of gold going up. All this will be good for AZM.

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