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Azimut Further Defines Extensive High-Grade Lithium Pegmatite Field at Wabamisk East, James Bay Region, Quebec
LONGUEUIL, Quebec, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut&#x...
About this update from Azimut Exploration, Inc.
[{"type":"text","content":"Azimut Further Defines Extensive High-Grade Lithium Pegmatite Field at Wabamisk East, James Bay Region, QuebecInitial core drilling phase cuts multiple spodumene-rich pegmatites\nLONGUEUIL, Quebec, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce additional significant exploration progress on the Wabamisk East Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec. The 2025 field program has significantly enhanced the lithium potential of the Property by further defining a high-grade, multi-kilometre-scale spodumene pegmatite field. Wabamisk East, a 100%-owned Property, is regarded by Azimut as offering excellent exploration potential. At least 138 distinct spodumene-bearing outcrops have been identified, with 340 channel and grab samples, returning grades higher than 0.5% Li2O, with an average grade of 1.94% Li2O (see details below). Since the last reported results (see press release of October 9, 2025i), work conducted on the Property comprises: Extensive mechanical stripping;Collection of 280 channel samples; andInitial diamond drilling (5 holes, 615 m) to test surface targets confirmed the down-dip extension of the mineralized outcrops. This work phase has been funded by Rio Tinto Exploration Canada Inc. (“Rio Tinto”), with Azimut acting as the operator. As a result in changes in corporate strategies, Rio Tinto has indicated its intent to terminate its Option to Joint Venture Agreement on the Corvet, Kaanaayaa and Wabamisk East properties on December 31, 2025 (see press release of July 24, 2025ii). Azimut is concurrently advancing two other discoveries on the adjacent Wabamisk Property: the Fortin Antimony-Gold Zone and the Rosa Gold Zone (see press releases dated October 23, 2025iii and November 18, 2025iv). HIGHLIGHTS (see Figures 1 to 6, Table 1, Photos 1 and 2) 205 of the 1-metre-long channel samples collected this field season returned grades higher than 0.5% Li2O, yielding an average grade of 1.66% Li2O: 50 samples with grades from 0.5% to 1.0% Li2O;95 samples with grades from 1.0% to 2.0% Li2O; and60 samples with grades higher than 2.0% Li2O, up to a maximum of 5.63% Li2O Salient channel composite results include: Prospect 1.68% Li2O over 8.0 m Lithos North 1...