Azimut Exploration, Inc. · TSXV:AZM
Azimut Exploration — Investor Presentation (January 2010)
22 slides from Azimut Exploration's investor presentation, January 2010
Slide 1: The Azimut Way
The Azimut Way Jean-Marc Lulin President & CEO January 2010 AZIMUT AZIMUT
Slide 2: Disclaimer
Disclaimer Disclaimer THIS PRESENTATION AND ITS CONTENTS ARE CONFIDENTIAL AND ARE NOT FOR REPRODUCTION OR PUBLIC DISTRIBUTION. This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities nor shall it or any part of it f
Slide 3: Fraser Institute Top 50 Claim Holders in Quebec
FRASER INSTITUTE TOP 50 CLAIM HOLDERS IN QUEBEC Composite policy and mineral potential (as of February 23, 2009) QUEBEC 1 Manitoba Finland Saskatchewan Northern Territory Western Australia Ontario. Utah Nevada Queensland British Columbia Nunavut Azimut Exploration Peru South Australia Yukon Chile Pa
Slide 4: More than 200 new prospects discovered
. > 200 new prospects discovered in 4 years AZIMUT
Slide 5: Business Summary
Business Summary z Proprietary targeting methodology z Gold, Uranium and REE properties z Largest landholder in Quebec z 10 active partnership agreements z $23 million in work commitments from partners z $4.3 million liquidities z 2010 budget: >$4.5 million (including funding by partners) AZIMUT
Slide 6: Business Summary
Business Summary z Symbol: AZM-TSX-V z 24.6 million shares issued z Insiders: 10 % z $650,000 in revenue received in 2009 – most operational costs covered by partners AZIMUT
Slide 7: Opinaca Properties
OPINACA PROPERTIES Eleonore Gold Discovery Area 10 Km Charles Target (up to 35.9 g/t Au) oO OPINACA D (100% Azimut) be} Ry Smiley Target Eleonore Deposit (Goldcorp) 3.0 Moz @ 12.75 g/t Au (inferred) 4 2.3 Moz @ 10.05 g/t Au (measured and indicated) = ELEONORE SOUTH QUEBEC JT Target (Azimut / Goldcor
Slide 8: Uranium Key Facts
Uranium Key Facts z Predictive uranium potential modeling covering Quebec and Labrador (over 1,084,000 km2) z Staking of 20,000 claims in Quebec z Signing of 15 option agreements; $50.4 million in work commitment from partners z Discovery of a new uranium province in the Ungava Bay region, Nunavik A
Slide 9: Azimut's Properties in Quebec
oOn OA FF WH | ak ak ok ok ok ek tk oan F&F WH | CO URANIUM North Rae Daniel Lake Kangiq South Rae West Minto Hudson Bay North Minto Central Minto South Minto South Bienville West Bienville Havre-NW Chevery Augustin Havre Nord Kativik PARTNER 100% AZM 100% AZM Central Uranium Corp. Majescor Resource
Slide 10: Ungava Bay District
Ungava Bay District z Ungava Bay region “An important uranium province” AREVA (public report 2007) z Azimut - 6 properties totalling 6,700 claims – sea access + infrastructure - 12 outcropping mineralized zones totalling 17 km - Grades up to 3.30% U3O8 z AREVA - One property totalling 5,093 claims (
Slide 11: New Uranium District
New Uranium District Mineralized Zones Length U3O8 Grade (up to) North Rae Property z Aqpiq Zone 1.1 km 1.75% or 38.6 lbs/t z Jonas Zone 0.7 km 3.30% or 72.7 lbs/t z Ilaluga Zone 1.1 km 0.24% or 5.3 lbs/t z Amittujaq 3.5 km 0.57% or 12.5 lbs/t z Tasialuk 1 km 0.58% or 12.8 lbs/t z Tasik Zone 0.9 km
Slide 12: Ungava Bay Region
Ungava Bay Region Nunavik, Quebec, Canada An emerging uranium district Uranium in lake-bottom sediments Regional government data Davis Inlet Zone processed over a 526,000-km* surface area. (up to 0.30%) Results presented only for 3 Presquile Zone Azimut and Areva properties {up to 0.64%) in the Unga
Slide 13: North Rae, Daniel Lake and Kangiq Properties
North Rae, Daniel Lake and Kangiq Properties Nunavik, Quebec, Canada North Rae 0.73 % 0.41% 115 % 0.48 % 1.73 % 1.75 % 0.85 % 0.69 % 0.42 % 1.03 % 0.44% Press release dated February 24, 2009 0.66 % 0.64 % 0.52 % 3.30 % 0.43 % 0.63 % 0.58 % 0.55 % 0.41 % 0.54 % 0.50 % 0.46 % 0.57 % 0.54 % Helicopter-
Slide 14: Exploration Model
Exploration Model • Archean/Proterozoic contact; crustal scale faults, pegmatites, marbles • Open pit targets: low discovery costs, low development costs and low mining costs • Size/grade: 1 km X 20 m X 100 m @ 0.2% U308 =10,000 t U308 (22 M lbs) • Target size ¾ 2 to 4 mineralized zones: 40 to 80 M
Slide 15: Ungava Bay District
Ungava Bay District Mineralized Zones Length U3O8 Grade (up to) North Rae / Daniel Lake Properties z Aqpiq Zone 1.1 km 1.75% or 38.6 lbs/t z Jonas Zone 0.7 km 3.30% or 72.7 lbs/t z Ilaluga Zone 1.1 km 0.24% or 5.3 lbs/t z Amittujaq 3.5 km 0.57% or 12.5 lbs/t z Tasialuk 1.0 km 0.58% or 12.8 lbs/t z T
Slide 16: Ungava Bay District
Ungava Bay District Channel sample results Length U3O8 Grade North Rae / Daniel Lake Properties z Aqpiq Zone 8.5 m 0.22% or 4.8 lbs/t 6.0 m 0.16% or 3.6 lbs/t 1.0 m 0.49% or 10.8 lbs/t z Jonas Zone 20.0 m 0.11% or 2.5 lbs/t 8.0 m 0.16% or 3.5 lbs/ 8.0 m 0.14% or 3.0 lbs/t 7.0 m 0.19% or 4.2 lbs/t 5.
Slide 17: REX Property – REE + Cu
REX Property – REE + Cu z Predictive REE potential modeling covering Quebec and Labrador (over 1,250,000 km2) z REX Property: one of the largest and strongest REE targets at the Quebec-Labrador scale z 2,500 claims z Numerous high-grade Gold, Silver, Copper prospects on the property z Major program
Slide 18: REX Property
oOn OA FF WH | ak ak ok ok ok ek tk oan F&F WH | CO URANIUM North Rae Daniel Lake Kangiq South Rae West Minto Hudson Bay North Minto Central Minto South Minto South Bienville West Bienville Havre-NW Chevery Augustin Havre Nord Kativik PARTNER 100% AZM 100% AZM Central Uranium Corp. Majescor Resource
Slide 19: Partnerships
Partnerships Eleonore South Gold Goldcorp-Eastmain Wabamisk Gold Goldcorp Opinaca A Gold Everton Opinaca B Gold Everton Kangiq Uranium Abitex Central Minto Uranium Abitex South Bienville Uranium Abitex North Minto Uranium Rukwa South Minto Uranium Rukwa Kativik Uranium Kativik AZIMUT
Slide 20: Azimut's Project Pipeline
Azimut’s Project Pipeline Stage Main Projects Funding Drilling North Rae – Uranium AZM Daniel Lake – Uranium AZM Eleonore South – Gold Goldcorp Wabamisk – Gold Goldcorp Opinaca A & B – Gold Everton Target South Rae – Uranium - delineation Kangiq – Uranium Central Uranium North Minto - Uranium Rukwa
Slide 21: Directors & Officers
Directors & Officers Directors and Officers Dennis Wood, O.C. Chairman of the Board - Senior executive / board member of many small to large, national and international corporations. Formerly, President, Chairman and CEO of C-MAC Industries Inc. Jean-Marc Lulin, Ph.D., Geologist President & CEO, Dir
Slide 22: Conclusions
Conclusions z Leading explorer in Quebec with proven proprietary targeting methodology z Discovery of the Ungava Bay Uranium District with 2 world class properties - NR & DL z Active partnership development z Building a self-funded royalty company AZIMUT
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