Azimut Exploration, Inc. · TSXV:AZM
Azimut Exploration — Investor Presentation (June 2024)
25 slides from Azimut Exploration's investor presentation, June 2024
Slide 1: AZM
AZM TSXV: AZM OTCQX: AZMTF AZMTF
Slide 2: Forward-looking Statements
Forward-looking Statements Except for the statements of historical fact contained herein, the information presented in this presentation constitutes “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information”
Slide 3: Key Points
KEY POINTS 1. Largest mineral exploration portfolio in Quebec: Gold, Copper, Nickel, Lithium 2. Two flagship projects © Elmer Gold Deposit with a maiden resource and exploration upside © Galinée Lithium Project with a significant discovery in the making S. Six active option agreements: ~ $130M in po
Slide 4: Azimut: A Strategic Positioning in Quebec
Azimut: A Strategic Positioning in Quebec LARGEST EXPLORATION PORTFOLIO IN A STABLE JURISDICTION Rex Trend (Copper-Gold) a7 a au +» Commodities Others 14% ,7 SOQUEM option ~ . AZM- 23% y SOQUEM 100% o- Rio Tinto Azimut W option 7 KGHM / Ps h . \ option . ir \ Partnerships “ option \ Mont Royal A LEA
Slide 5: A Technically Driven Business Strategy
A Technically Driven Business Strategy a Task pea Quality o Exploration s => Portfolio AZtechMine™ Predictive Maps Project Acquisitionby ~s ~~ Generation Staking sy GOAL: MAXIMIZING DISCOVERY PROBABILITY AND VALUE CREATION PER SHARE WHILE MANAGING EXPLORATION RISKS a Partnership Agreements $83M inve
Slide 6: Corporate Highlights
Corporate Highlights THE RIGHT INGREDIENTS FOR SUCCESS Capital Structure Working Capital CS13M Shares 85.4M Outstanding F/D: 92.0M ; CS$0.57 Share Price 52-week H/L: C$1.42 / CS0.55 Market Cap ~CS50M Working Capital inclusive of sharesheld as at June 1, 2024 Shares Outstanding as at April18, 2024 A
Slide 7: Elmer Gold Project
~~ ~*~ —_ Elmer Gold Project ABA ~
Slide 8: Elmer Property
7 ATAB git Au (6) <n er Elmer Property = ASLAN) Bp. ssn 9tAg/ 20m 0 Tes gitau tc) Sao gtauiTam bare a Br gas 8.0% Zn m0) Matin QUALITY GOLD TARGETS TO : 677 gitAu(G) | cl mae geaulersm ic) | er) ‘ EXPAND INITIAL RESOURCES | eaaerne tp gtaurt7 me) . Z assgnau,t609tAs, Fl 4 Four drill-ready multi-km t
Slide 9: Figure as of November 21, 2023
Figure as of November 21, 2023
Slide 10: Patwon Gold Zone
Patwon Gold Zone FOLLOWING PREDICTABLE AND STRONG GOLD MINERALIZATION 4 ~54,000 m drilled in 137 holes + Known mineralization consistently expanding with drilling 4 Mineralization remains open laterally and to depth 4 Mineralized zone defined 600 m x 860 mx 35m {12.65 gt au (6) | 1.88 git au (6) 17.
Slide 11: Lithium Portfolio
Lithium Portfolio AZIMUT EXPLORATION
Slide 12: James Bay Region: World-Class Emerging Lithium Province
James Bay Region: World-Class Emerging Lithium Province AZIMUT HOLDS A SIGNIFICANT POSITION IN THE REGION 4 5 major projects identified as highly prospective for lithium 4 Two JV projects with SOQUEM in the immediate proximity of discoveries by Patriot Battery Metals and Winsome Resources 4 Two proj
Slide 13: Galinée Property
Ind. - 61.4 Mt at 1.14% Li2O Inf. - 16.5 Mt at 1.19% Li2O Galinée Property (AZM-SOQUEM JV) Figure as of May 8, 2024
Slide 14: Galinée-Adina close-up, James Bay Region, Québec
24 » Galinée-Adina close-up, James Bay Region, Québec Galinée Project 4 ‘ ~ ‘ \ \ 3 We . SIZEABLE MINERALIZED SYSTEM ‘ “y/ \, =. IDENTIFIED Ta 3 \ i t an 4 Galinée discovery likely to represent the tt % southern extension of the Adina deposit ak : ' 4 Drill program to continue into the summer fina P
Slide 15: Galinée Project
Section 668,435 E Adina Property (Winsome) Galinée Property (Azimut - SOQUEM JV) Ga | i née Proj ect Property boundary Main Zone noo GAL23-014, —_GaLz3.012, PHASES 1 & 2 OF DRILLING WITH — ay 4 = Koch — soo OUTSTANDING INTERVALS , ¢ / 4.63% Li0/ 17.5 m incl. 2.56% Liz / 5.2m 4 North-dipping branches
Slide 16: Galinée Project
Section 668,535 E Adina Property (Winsome) Galinée Property (Azimut - SOQUEM JV) Property boundary 1 GAL23-001, Main Zone 1 GAL23-011, GAL23-009, B08 seco 24201 20.08 zeoos_ 2108 GAL24.018 GAL23.010 GAL24-019A GAL23-015 < > y 00 RL K KS » a4 "° < \Ake S 7 ‘ ye . 400 RL Footwall x & Zone se B ‘ “ K <
Slide 17: Galinée Project
Section 668,635 E Adina Property (Winsome) Galinée Property (Azimut - SOQUEM JV) Property boundary nif Zane a sae ent GAL24-020 am 2181 422 25.001 zpos 118 F188 I) GALZ4-024 GAL24-023 300 RU 400 RL 300 RL. 200 RL 400 RL MM > 2%L:0 2% Li0 Mi <1%u0 From public data (Azimut processing) ORL Galinée Proj
Slide 18: Corvette Discovery Area: Pikwa
Corvette Discovery Area PIKWA IS POSITIONED ON STRIKE TO A MAJOR DISCOVERY 4 50/50 JV with SOQUEM 4 Same geologic trend hosting the Li- bearing pegmatite bodies at Corvette (Patriot Battery Metals) 4 14-km-long prospective zone on Pikwa 4 Detailed prospecting and till sampling program ongoing with a
Slide 19: Corvette Discovery Area: Rio Tinto Option
Corvette Discovery Area ATTRACTING A MAJOR PLAYER IN THE DISTRICT 4 Option with Rio Tinto on Corvet and Kaanaayaa projects (S114 M agreement) 4 Significant Li anomalies in lake sediments coupled with strong multi-element footprints 4 Initial exploration phase completed in 2023 4 Comprehensive prospe
Slide 20: JBL1
JBL1 A MAJOR LITHIUM PROJECT (100% AZM) 4 Large block: 52x28 km 4 Regional-scale lithium-prospective zone 4 One of the strongest and largest lithium footprints in lake sediments, supported by other pathfinder elements (Cs-Rb-Ga-Sn) 4 Lake bottom sediment anomalies well correlated with known pegmatit
Slide 21: Other Exploration Activities
Other Exploration Activities AZIMUT EXPLORATION
Slide 22: Kukamas Project
415,000 450/000 Kukamas Project A HIGHLY PROSPECTIVE AND samme UNDEREXPLORED GREENSTONE BELT / sqm ae / ncn 7 e510 f peta! g J oeencu@ /_-searnuc) ¢ 1a5gtAW (6) J \88aiau\s) 3 foasx cute)” \\ aii 4 ; | : . or) 140% cu 00 ata, 4 Option with KEHM aso cue) \\ dane iinotae@) | 196% Cu, 04 gtAu, ~ {0.77%
Slide 23: A Unique Nickel Portfolio
A Unique Nickel Portfolio STRATEGIC AND PROSPECTIVE PORTFOLIO a Km-scale mafic to ultramafic intrusions represent underexplored target type in the James Bay Region Defined by advanced processing of regional-scale data (AZtechMine™) Targets with nickel, copper, cobalt, and PGE potential Energy transi
Slide 24: 2024 Priority Projects and Exploration Plans
2024 Priority Projects and Exploration Plans FIVE EXPLORATION PROGRAMS ALREADY INITIATED ELMER Au Prospecting / Drilling 100% AZM GALINEE Li, Cu-Au Prospecting / Drilling SOQUEM JV PIKWA Li, Au Prospecting / possibly Drilling* CORVET Li, Cu-Au . | Prospecting / possibly Drilling* Rio Tinto Option Ka
Slide 25: TSXV: AZM OTCQX: AZMTF azimut-exploration.com
ᓇᑯᕐᒦᒃ ᑭᓇᓈᐢᑯᒥᑎᐣ TSXV: AZM OTCQX: AZMTF azimut-exploration.com
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