Azimut Exploration announces that high-grade gold assay results have been obtained from channel sampling on the Rosa Zone, which was discovered by prospecting this summer on the Company's wholly owned Wabamisk Property. In addition, several holes from the initial 1,500-metre core drilling program also display visible gold. The occurrences of visible gold in drill core correlate geometrically with gold-bearing outcrops [...]
Azimut Exploration is pleased to announce additional results from its delineation diamond drilling program on the Fortin antimony-gold zone on its wholly owned Wabamisk Property. The Fortin Zone is growing to be one of the largest antimony-bearing systems in Canada. Drilling to date outlines a 1.8-km-long antimony-gold-bearing body traced to a vertical depth of 250 m, which remains open in all directions. This extensive [...]
Azimut Exploration is pleased to announce positive results from a systematic field program conducted this summer on its Wabamisk East Property. Wabamisk East is part of a revised option agreement with Rio Tinto Exploration Canada, which consolidates previous option agreements announced in 2023 whereby Rio Tinto has the option to earn up to a 70% interest by spending $85 million. Azimut is the operator during the first [...]
Azimut Exploration is pleased to announce that a maiden 1,500-m core drilling program is underway on the Rosa Zone, which was discovered this summer by prospecting. Additional drilling is planned, and contingent on positive initial results. The Rosa Zone is located on the Company's wholly owned Wabamisk Property. The results of systematic follow-up work following the surface discovery were used to prepare the drilling [...]
]Azimut Exploration is pleased to report that a significant gold-bearing zone has been discovered by prospecting on its wholly owned Wabamisk Property. The Rosa Zone is characterized by multiple high-grade gold results coupled with impressive occurrences of visible gold. These results have fast-tracked the transition of this target to the drilling stage, which is planned for this fall. The zone is located about 15 [...]
Azimut Exploration is pleased to announce that a minimum 4,000-m diamond drilling program has started in order to further define the Perseus high-grade nickel-PGE discovery and test additional targets on the Kukamas Property. The initial field discovery as well as the results of the maiden 1,998-metre drilling campaign were reported in press releases dated Sept 23, 2024i, Jan 20, 2025ii, and May 29, 2025iii. The Property [...]
Azimut Exploration is pleased to announce a revised option agreement with Rio Tinto Exploration Canada, which expands and consolidates previous option agreements announced in 2023. The Revised Agreement now covers three properties - Corvet, Kaanaayaa and Wabamisk East. The newly formed Wabamisk East Property corresponds to the eastern part of Azimut's wholly owned Wabamisk Property. Rio Tinto Exploration Canada is a [...]
Azimut Exploration is pleased to announce that the Company has undertaken a systematic diamond drilling program to further delineate the Fortin antimony-gold Zone on its wholly owned Wabamisk Property. This second drill program will accelerate the definition of the Fortin Zone, a multi-kilometre-long antimony-gold-bearing feldspar porphyry sill hosted in sheared metasediments. The program follows up on previously reported [...]
Azimut Exploration is pleased to announce that it has entered into a binding purchase and sale agreement with DIOS Exploration to acquire their K2 Property adjacent to the Elmer Property. Under the Agreement, Azimut will acquire 100% interest in 103 claims covering 54.3 km2 forming the K2 Property for a cash payment of C$120,000 and the issuance of 200,000 common shares of Azimut. Dios will retain a 2.0% NSR royalty on [...]
Azimut Exploration is pleased to announce that a comprehensive partner-funded exploration program is commencing on the Kukamas Property. The Property is subject to an option agreement with KGHM International Ltd. Azimut is the operator. This press release also reports new assay results for the complete suite of Platinum Group Elements, further confirming the high-grade PGE content of the Perseus Nickel Zone discovered in [...]
Azimut Exploration is pleased to report very encouraging drilling results from its diamond drilling program on the antimony-gold Fortin Zone at its wholly owned Wabamisk Property. The initial plan for 5,000 m was expanded in January, and the program concluded in late March with a total of 51 diamond drill holes for 6,396 m. The results of this program support the preparation of the summer drilling campaign, which will [...]
Azimut Exploration is pleased to report that on May 16, 2025, it has closed its previously announced non-brokered placement with Centerra Gold and has issued 9,935,000 common shares to Centerra for gross proceeds of $5,961,000. Azimut is also pleased to report that on May 16, 2025, it closed a concurrent non-brokered private placement with the following entities, for additional gross proceeds of $2,751,400: [...]
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