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 > My notes from AZM presentation at VID Conference

<< Previous

Bullboard Posts

Next >>

Comment by BobMabenaon Jun 14, 2021 10:21am

244 Views

Post# 33381209

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:My notes from AZM presentation at VID Conference

I think GBR has proven 3.4m AU Ounces and is worth 850m, granted they are much further along.

AZM aims to prove 2m AU Ounces at Elmer by Y/E and from the way JML spoke last week I think that is a slam dunk. Add to that all the other potential properties and it's hard to see why it's market cap is not at least 250M right now, that would roughly double the current share price.

That said and to play devils advocate, ECR has shown real promise with similar proven reserves they are only worth 66M.

<< Previous

Bullboard Posts

Next >>

Michael Gentile tops up stake in Astra Exploration