Azimut and KGHM Resume Drilling on the Perseus High-Grade Nickel-PGE Discovery at Kukamas, James Bay Region, Quebec

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[{"type":"text","content":"Azimut and KGHM Resume Drilling on the Perseus High-Grade Nickel-PGE Discovery at Kukamas, James Bay Region, Quebec\n\n\n\n LONGUEUIL, Quebec, Aug. 21, 2025 (GLOBE NEWSWIRE) --\n \n Azimut Exploration Inc.\n \n (“Azimut” or the “Company”) (\n \n TSXV: AZM\n \n ) (\n \n OTCQX: AZMTF\n \n ) is pleased to announce that a\n \n minimum 4,000-metre\n \n diamond drilling program has started in order to further define the\n \n Perseus high-grade nickel-PGE\n \n\n discovery\n \n and test additional targets on the\n \n Kukamas Property\n \n (the “Property”) in the Eeyou Istchee James Bay (“James Bay”) region of Quebec, Canada.\n \n\n The initial field discovery as well as the results of the maiden 1,998-metre drilling campaign were reported in press releases dated\n \n September 23, 2024\n \n\n\n i\n \n\n ,\n \n January 20, 2025\n \n\n\n ii\n \n\n\n ,\n \n and\n \n May 29, 2025\n \n\n\n iii\n \n\n . The Property is subject to an option agreement with\n \n KGHM International Ltd\n \n (“KGHM”), with Azimut acting as the operator.\n \n\n The objectives of the 4,000-metre drilling program are as follows:\n \n\n\n Expand the Perseus Zone at depth and along strike with 2,200 metres of drilling; Perseus is open in all directions.\n \n\n Test new targets, principally north of Perseus along a 1.6-kilometre favourable geological and geophysical trend with 1,200 metres of drilling.\n \n\n\n\n The Perseus Zone: A Possible Analog of the Kambalda Type in Quebec\n \n\n\n\n At Perseus, high-grade nickel results (often >3% Ni, and up to 19.6% Ni) are commonly associated with high\n \n palladium\n \n grades ranging from\n \n 1.16 g/t Pd to 12.15 g/t\n \n\n Pd\n \n , and high\n \n platinum\n \n grades up to\n \n 3.65 g/t\n \n\n Pt\n \n .\n \n\n\n These samples also returned significant grades for the rarest\n \n Platinum Group Elements\n \n (“\n \n PGE\n \n ”), with up to\n \n 1.16 g/t rhodium\n \n ,\n \n 0.43 g/t iridium\n \n ,\n \n 2.75 g/t ruthenium\n \n and\n \n 0.45 g/t osmium\n \n , adding significant potential value to Perseus (the PGE grades reported below refer only to the sum of Pt and Pd values).\n \n Gold\n \n and\n \n tellurium\n \n contents are also anomalous, with grades up to\n \n 1.13 g/t Au\n \n and\n \n ...

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