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Azimut Exploration Inc V.AZM

Alternate Symbol(s):  AZMTF

Metals & Mining Gold
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
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Post by idleintruderon Jun 24, 2021 1:35am
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Post# 33439948

In Good Shape

In Good ShapeI appreciate this post from Martin at ceo.ca:

"Azimut is in good shape. Only 80M shares out post-financing. Strong strategic and institutional investor backing. Working on a potential multi-million oz gold deposit. Great technical staff. Management aligned with shareholders. Over $30M cash in bank. On May 18, 2021 the stock closed at $0.94 with $7M cash. I like where we are now at $2.12 share price and lots of money for exploration. Cost of discovery is considerably less than $10/oz so far, I estimate. I added to my position today."


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