Azimut Exploration, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Jean-Marc Lulin
- Full Time Employees
- 11
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 110 De La Barre street Longueuil QC Canada J4K 1A3
- IPO Date
- Apr 5, 1988
- Website
- azimut-exploration.com
- Similar Companies
- Business
- Azimut Exploration Inc. (AZM.V) is a mineral exploration company focused on the discovery and advancement of high-grade gold and base metal deposits primarily in Quebec, Canada. The company employs a proprietary targeting methodology combining geological, geophysical, and geochemical data to generate and test exploration projects; it offers services including project generation, partnership deals, and drill target identification for gold, lithium, copper, and nickel deposits. Azimut holds a portfolio of over 20 properties covering approximately 8,000 square kilometers in the James Bay and Abitibi regions, targeting institutional investors and junior mining partners through option agreements and joint ventures. Founded in 1997 and headquartered in Longueuil, Quebec, the company operates exclusively in Canada with no reported subsidiaries or parent relationships. In recent developments, Azimut signed an option agreement with a major mining company in 2024 for its flagship Wabamisk gold property, allowing for potential earn-in of up to 70% interest through CAD $12 million in expenditures and payments; it also expanded its land position in the Eeyou Istchee James Bay area by staking new claims prospective for gold and lithium. The company reported positive drill results from the Patwon Gold Project in late 2024, intersecting high-grade gold over significant widths, and launched a new exploration campaign on the Kaip property targeting volcanogenic massive sulfide copper-zinc deposits. These initiatives reflect Azimut's strategic shift toward accelerating resource definition amid rising commodity prices, with no major acquisitions, funding rounds, or reorganizations noted in the past two years.
Company News
Azimut and Centerra Amend Option Agreement for the Corvet and Kaanaayaa Properties
Azimut and Centerra Sign Option Agreement for the Corvet and Kaanaayaa Properties
Azimut Exploration Inc. (OTCMKTS:AZMTF) Shares Shorted: Short Interest Up 41,250.0% in September
Azimut Accelerates District-Scale Gold Exploration at Wabamisk
Azimut Closes $7 Million Private Placement Financing with Participation of Key Existing Shareholders
Azimut Announces $7 Million Private Placement Financing
Azimut and KGHM Launch 2026 Campaign at Kukamas
Azimut and KGHM Launch 2026 Campaign at Kukamas
Azimut et KGHM débutent la campagne 2026 sur Kukamas
Azimut Drills High-Grade Lithium Pegmatites at Wabamisk East
Azimut Provides 2026 Summer Exploration Update
VIDEO - CEO Clips: Azimut Exploration: Advancing Gold and Critical Mineral Targets in James Bay Region, Quebec
Azimut Adopts Semi-Annual Financial Reporting
Azimut Drills 46.41 g/t Au over 3.50 m, incl. 155 g/t Au over 1.0 m on Rosa Zone, Wabamisk Property, James Bay, Québec
Azimut Continues to Expand the Fortin Antimony-Gold Zone, Wabamisk Property, James Bay Region, Québec
Azimut et SOQUEM signent une convention définitive pour le Projet Corridor Nickel Nord
Azimut and SOQUEM Sign Definitive Agreement for the Northern Nickel Corridor Project
Azimut and SOQUEM Sign Definitive Agreement for the Northern Nickel Corridor Project
Azimut Reports AGM Results and Provides Drilling Update
Azimut and KGHM Expand the High-Grade Nickel-PGE Perseus Zone, Kukamas Property, James Bay Region, Quebec