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 > My notes from AZM presentation at VID Conference

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Comment by electriquemanon Jun 10, 2021 2:24pm

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Post# 33366115

RE:My notes from AZM presentation at VID Conference

Merci Thunderstruck!

Je n'ai pas eu la chance de me liberer pour l'ecouter mais ce resumer compense un peu merci encore.

Thunderstruck20 wrote: For those of you who did not have a chance to see the presentation from JML at the VID Conference, here are my notes:

Elmer/ Pawton : 10 km strike, wide open for additional strike, very substantial surface with significant grade

Drilling will be completed by end of June (15,000m)

Objective: Advance gold resource of at least 2M ounces but not with current program. It will take another 6-12 months.

Planning another 20,000m drilling in the fall

"possible grade increase” ( I believe he meant better grade) and it will be confirmed with the existing drilling

We can expect a much deeper intersect (he si very confident about a “deeper extent”)

Elmer is comparable to Golden (450m x 1.8km) and 4.3M ounces

Elmer is comparable to Rory’s (6M ounces)

upside potential with the 10 new targets (Pawton is in the middle of it). May hit during this campaign. Presence of high grade gold content. Chance of new discovery are very good.

Preparing a second phase after the 15,000m

Will test at 500m and 800m depth

Expect consistent news flow during the year

Will have 3rd drilling program results until end of August (labs are very slow)

New drilling in Sept-Oct and in the first 3 months of 2022

Objective is to have 2M +

they are working on another financing in the next few months

Rex and Rex South could be world class copper deposit

Could share (for money) Aztech technology to others

Pikwa: 2000m, 11 holes, project is good, need to properly analyze, many interesting targets

Rex: people on site since April, more news shortly but the focus is on Elmer

P.S. Feel free to add more comments if I missed something.

FYI