Azimut provides update on its exploration activities in Quebec

LONGUEUIL, Quebec, September 9, 2024 (GLOBE NEWSWIRE) — Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV:AZM) (OTCQX: AZMTF) is pleased to provide an update on its summer 2024 exploration activities in the Eeyou Istchee James Bay region of Quebec (see Figure 1). This field season is one of the most productive ever for the Company. Work programs over seventeen (17) properties will be completed by the end of October, with a minimum collective budget of $10 million, of which $6 million will be provided by our partners. The results, which will be published regularly as they become available, will guide follow-up work.

Azimut is a Quebec-focused exploration company with the largest mineral portfolio in the province. The Company uses an advanced targeting method (AZtechMine^TM) and a multi-commodity strategy focusing on gold, copper, nickel and lithium (see press release of 11 June 2024). This approach is used to increase the probability of success while mitigating exploration and commodity market risks.