Azimut Exploration is pleased to announce that it has entered into a subscription agreement with Centerra Gold for a non-brokered private placement of 9,430,000 common shares of the Company at a price of $0.60 per share for gross proceeds of $5,658,000. Centerra will become a strategic investor in the Company, acquiring approximately 9.9% of the issued and outstanding common shares following completion of the Offering [...]
Azimut Exploration is pleased to provide an update on its diamond drilling program on the antimony-gold Fortin Zone at its wholly owned Wabamisk Property in the Eeyou Istchee James Bay region of Quebec. 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 completed for 6,211 metres. Antimony sulphides were observed visually in 33 holes. All [...]
Azimut Exploration is pleased to provide an update on its 100% owned Elmer Property. The bullish outlook for gold provides a highly attractive context for accelerating the Project through a scoping study that will consider several development scenarios based on the known resources in the Patwon Gold Zone. In addition, the encouraging prospecting results from the 2024 field program highlights that the Property also [...]
Azimut Exploration is pleased to announce the voting results for its Annual General Meeting of shareholders held February 20, 2025. A total of 45,175,458 shares were represented in person or by proxy at the Meeting corresponding to 52.72% of the issued and outstanding shares of the Company. Shareholders approved all matters presented at the meeting as follows: Votes For % For Vote Withheld % Withheld Total Voted Elections [...]
Azimut Exploration Inc. is pleased to announce the results of the maiden 2,000-metre diamond drilling program on the Kukamas Property in the Eeyou Istchee James Bay region of Quebec. The Property is subject to an option agreement with KGHM International Ltd , with Azimut as the operator. The drilling program consisted of 9 holes for a total of 1,998.5 metres to complete a first assessment of the Perseus and Halley [...]
Azimut Exploration Inc. is pleased to announce preliminary results from its diamond drilling program on the antimony-gold Fortin Zone on its wholly owned Wabamisk Property in the Eeyou Istchee James Bay region of Quebec. This program was initiated in late 2024 to follow up on the surface discovery of this zone in the fall . In the face of a global antimony supply shortage , Azimut has ranked Wabamisk one of its top [...]
Azimut Exploration Inc. announces that on December 17, 2024, a total of 845,000 stock options were granted to directors, officers, employees, and consultants. Of this number, 730,000 have been granted to directors and officers and 115,000 to employees and consultants. These options have an exercise price of $0.61 per share and are exercisable for a 10-year period. About Azimut Azimut is a leading mineral exploration [...]
Azimut Exploration Inc. is pleased to report the results from the maiden 3,065 m drill program on the Pilipas Property in the Eeyou Istchee James Bay region of Quebec, Canada. Ophir Metals Corp. conducted the program as project operator under the option agreement. Twenty-three holes were drilled, with nineteen on the HW1 Pegmatite and four on the HW2 Pegmatite . Assays results are pending for 2 holes . The 2024 drill [...]
Azimut Exploration Inc. is pleased to announce the discovery of an extensive spodumene pegmatite field in the eastern part of its wholly-owned 39-kilometre-long Wabamisk Property in the Eeyou Istchee James Bay region of Quebec. Surface sampling returned numerous high-grade results from 86 rock samples, including 52 channel samples, collected from a roughly 4 square kilometre area. The spodumene pegmatites appear to [...]
Azimut Exploration Inc. is pleased to announce the commencement of a diamond drilling program that will focus on the recently discovered high-grade antimony corridor on its wholly-owned Wabamisk Property in the Eeyou Istchee James Bay region of Quebec . Azimut is proceeding with a 5,000-metre diamond drilling program to assess the corridor's strike and grade continuity. An initial 2,000-metre phase will be completed [...]
Azimut Exploration Inc. is pleased to announce the discovery of a high-grade antimony corridor on its wholly-owned Wabamisk Property in the Eeyou Istchee James Bay region of Quebec. In 2022, Azimut regained a 100% interest in the Property after Newmont withdrew from its 51% interest in the joint venture project . Azimut staked the Property in 2003 and optioned it to Placer Dome in 2005 before the option was transferred to [...]
Azimut Exploration Inc. is pleased to announce that a 2,000-metre maiden diamond drilling program will start in November on the Kukamas Property in the Eeyou Istchee James Bay region of Quebec. The Property is subject to an option agreement with KGHM International Ltd , with Azimut as the operator. The program is designed to test several quality targets defined by geophysical, geochemical and prospecting work conducted on [...]
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