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Azimut Exploration Inc V.AZM

Alternate Symbol(s):  AZMTF

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

Comment by chintzyon Apr 16, 2023 6:40pm
117 Views
Post# 35397601

RE:RE:RE:Mgmt

RE:RE:RE:MgmtPikwa is quite insane. A PR from Oct. 2020 announces the start of a 12 hole drill program, over 2.5 years ago.If there is nothing there why not announce it, get it off the books and retire it so to speak. If there is something there what could be so difficult about a bit of multi-tasking and getting the results published. But i guess capacities are completely maxed out by Elmer, all other projects will have to wait. Which would be more bearable if Elmer were actually being advanced without lengthy unexplained delays.

It was about 2 years ago I wrote in a question on Pikwa to JML in an online conference and he said it's a good project but Elmer is precedent. Surely if it's a good project they could've allocated even minimal resources to move it along at least at a snails pace with news on progress once or twice a year. but unfathomably it's absolutely nothing and why would they publish anything now if they haven't up to this point. it's not like results will be just out of the lab after a couple of years. They must have the results but won't share them with the market. WTF gives? And there is JML in a previous press realease comparing Pikwa to the Tier 1 Aitik Porphyry in Sweden. Rex is Olympic Dam, Patwon is Rory's Knoll, he likes to do that. If these projects are in this class it should be reflected in the pace of development.

And what about SOQUEM they have an interest in advancing projects such as Pikwa you would think or do they form partnerships and expend public resources on projects that just hang in the ether and don't go anywhere.
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