Azimut Exploration Inc. is pleased to announce the signing of a joint venture option agreement for its Kukamas Property in the Eeyou Istchee James Bay region of Quebec with KGHM International Ltd. KGHM International is a subsidiary of KGHM Polska Mied? S.A, a Polish corporation that has been a major copper and silver producer for more than 50 years, with mining projects in Europe, North America and South America. Under [...]
Azimut Exploration Inc. announces that the Company will be participating in the Quebec Mines + Énergie Conference with technical presentations on its Rex and Rex South projects, as well as its James Bay Nickel project. The Rex and Rex South projects, located in Nunavik in Northern Quebec, are two major polymetallic properties, which are 100% owned by the Company. They have been explored by Azimut since 2010 and, since [...]
Azimut Exploration Inc. is pleased to announce that the prospecting program undertaken this fall on the Wapatik Property led to the discovery of a new nickel-copper-bearing ultramafic intrusion 2 kilometres north of the ultramafic intrusion discovered in 2021 . This field result is viewed as an encouraging step, further demonstrating the nickel-copper potential of the Property and, at a larger scale, the James Bay region [...]
Azimut Exploration Inc. is pleased to announce that the third drilling phase has started on the Wapatik Property after an encouraging maiden drilling program and second drilling phase. This 1,100-metre follow-up program aims to further assess the nickel-copper potential of an ultramafic intrusion discovered in 2021 on the Property. As previously indicated , 3D magnetic inversion modelling indicates a potential for [...]
Azimut Exploration Inc. is pleased to announce that it has received the prestigious Discovery of the Year award from the Mineral Exploration Association of Quebec for the discovery of the Patwon Gold Zone on the 100%-owned Elmer Property located in the Eeyou-Istchee James Bay region of Quebec. This award is granted to highlight the importance of a new discovery that produced a significant ripple effect on exploration [...]
Azimut Exploration Inc. is pleased to announce that exploration work is actively progressing on the Wapatik Property after an encouraging maiden drilling program and second drilling phase. Wapatik presents two main target types: Nickel-copper mineralization related to an ultramafic intrusion; and Gold mineralization related to extensive shear zones on strike with the Patwon Zone on the adjacent Elmer Property . This press [...]
Azimut Exploration Inc. is pleased to report significant exploration progress on the Company's 100% owned Elmer Gold Property in the Eeyou Istchee James Bay region of Quebec: Delineation drilling program on the Patwon Gold Zone completed down to 800 metres Additional drill holes planned to expand and optimize the shape of a potential open pit resource Exploration drilling program currently testing nearby quality targets [...]
Azimut Exploration Inc. is pleased to announce the closing of two transactions in respect of the Eleonore South and Wabamisk properties in the Eeyou-Istchee James Bay region of Quebec. The Eleonore South transaction involved the Company exchanging its interest in the Eleonore South joint venture for 2.9 million of Azimut's issued and outstanding common shares, which Azimut cancelled upon acquisition. In addition, the [...]
Azimut Exploration Inc. is very pleased to announce the appointment of Ms. Christiane Bergevin to the Board of Directors of the Company. Ms. Bergevin has achieved outstanding corporate development success in financial services and productive sectors across Canada and internationally. She notably led a premier infrastructure advisory business, closing over $10B in Energy, Transport, Resources, First Nations and regulated [...]
Azimut Exploration Inc. is pleased to announce the execution of two definitive agreements in respect of the Eleonore South and Wabamisk joint ventures in the Eeyou-Istchee James Bay region of Quebec: Eleonore South Joint Venture - Sale by Azimut of its 23.77% participating interest in the Eleonore South Joint Venture to affiliates of Newmont Corporation and Fury Gold Mines Limited ; and Wabamisk Joint Venture - Transfer [...]
Azimut Exploration Inc. is pleased to report that a significant drilling program is actively progressing on the Company's 100% owned Elmer Property in the Eeyou Istchee James Bay region of Quebec: Three drill rigs are dedicated to the delineation program of the Patwon Gold Zone; and One drill rig has started a property-wide exploration program to test several quality targets on strike or subparallel to Patwon. Drilling to [...]
Azimut Exploration Inc. is pleased to report it has substantially increased its land holdings for nickel targets at the scale of the Eeyou-Istchee James Bay region in Quebec. The systematic targeting strategy implemented by Azimut is supported by its proprietary AZtechMine™ technology and other exploration criteria, as well as its in-depth knowledge of the region. Azimut believes the James Bay region is [...]