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.

TSXV:AZM - Post by User

Azimut Exploration Inc > Looks like AZM is now "Sell on good news"

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Comment by Ratso07on Jan 20, 2021 3:16pm

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Post# 32335770

RE:RE:RE:Looks like AZM is now "Sell on good news"

Cannacord and Scotia selling today. A stock rarely increases in value based on till sampling results. If they don't start drilling on Elmer until the end of this month, we probably won't see results for at least 2-3 months based on previous releases. Hopefully, there will be encouraging drill results from the Pikwa copper-gold property. Until then, I wouldn't expect a significant move to the upside. GLTA

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