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 > Any comparables out there?

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Comment by idleintruderon Jul 09, 2021 6:26am

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Post# 33520056

RE:RE:Any comparables out there?

Re: comparables. I recall the Mr. Lulin gave two in his recent presentation--both way over 2 million ounces. Goldex, Quebec: 450m x 1.8 km; 4.3 Moz; Rory's Knoll, Guyana: 190m X 2.6 km, 6.27Moz.

So Mr Market may rerate the stock way above a 2 Moz deposit if drill results continue great at depth, and espec. if AZM discovers one or more nearby deposits at Elmer. What happens if discoveries occur at Rex & Rex south is incalculable.

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