Azimut Exploration, Inc. · TSXV:AZM
Azimut Exploration — Québec Mines-Energie November 2022
19 slides from Azimut Exploration's conference presentation, November 2022
Slide 1: James Bay Nickel Project
AZIMUT rsx: EXPLORATION OTCQX: James Bay Nickel Project 200 New Highly Prospective Targets in an Underexplored Region by Jean-Marc Lulin, Mathieu Landry and Marc Philippin Québec Mines-Energie November 2022
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: A Leading Explorer in Québec
Tuan A Leading ; Elmer Explorer in et, Discovery Quebec Rondel Flagship Gold Project ‘err uebecTor 100% owned WHAT SETS US APART? Coes SPS) oe A LEADING MULTICOMMODITY EXPLORER AZIMUT EXPLORATION | TSXV: AZM | OTCQX: AZMTF AZtechMine™ Predictive modelling that works rN AZIMUT EXPLORATION
Slide 4: James Bay region map
Radisson Chisasibi W emindji James Bay ‐ Nemaska W askaganish LEGEND Mine Deposit Village/Airport Hydro-electric dam Roads Powerlines Quebec Azimut Tenure Mistissini 100 km
Slide 5: James Bay region map
Radisson Chisasibi W emindji James Bay Nemaska W askaganish LEGEND Mine Deposit Village/Airport Hydro-electric dam Roads Powerlines Quebec Azimut Tenure Mistissini 100 km
Slide 6: Wapatik Project
Wapatik Project vi wi A SIGNIFICANT NICKEL-COPPER SULPHIDE DISCOVERY " 5 Ni-Cu ultramafic 4 115 km? property on strike from Patwon Gold intrusion Zone 5,815,000 4 Under option to Mont Royal Resources 4 Operated by AZM Exploration 4 High grade Ni-Cu massive sulphide discovery: 2.68% Ni, 1.30% Cu, 0.0
Slide 7: Wapatik Project: A Successful Maiden Drill Program
Wapatik Project soso Plan View of Residual Total Magnetic intensity 362,000 30% Cu, 0.09% Co over 3.30 m| Eagle Mine (Lundin) Michigan Pate mel ol conduct somes preectodto erie From Ding et al. (2012) Om — fae TE [Depth a) Bo] 300] 300) asl 250m Pern a — Sway | erie sae ul i rae ore eS a Magnetic Su
Slide 8: Wapatik Project, James Bay region
Wapatik Project, James Bay region cot Hole WAP22-003: 2.68% Ni, 1.30% Cu, 0.09% Co over 3.30 m (from 143.4 m to 146.7 m) 8 A LEADING MULTICOMMODITY EXPLORER AZIMUT EXPLORATION | TSXV: AZM | OTCQX: AZMTF AZIMUT EXPLORATION
Slide 9: The James Bay Nickel Project: Target Types
North From Ding et al. (2012) Eagle Mine (Lundin) Michigan Eagle’s Nest (Wyloo) Ontario {@ Disseminated sulfide (dS) I Disrupted-net-textured sulfide (dn$) [Ty Leopard-net-textured sulfide (LnS) I Massive/semi-massive sulfide (m$/sm$) ‘te. Shott interval cfimeasivalzemi massive sulide (most likely v
Slide 10: Footprint of already known Ni prospects
Footprint of already known Ni prospects Ni prospect (MERN) Comparable unexplored footprint → New target ➢ ➢ ➢
Slide 11: Nickel Potential Predictive Modelling
Nickel Potential Predictive Modelling SYSTEMATIC PROCESSING OF THE TARGET RANKING: REGIONAL DATABASE > FIVE MAIN CRITERIA ‘Magnetic data 4 Footprint components 4 Multi-element lake-bottom geochemistry (Ni, Cu, Co, Cr, Mg, etc.) 4 Strength, anomalous contrast 4 Mineral deposit database 4 Size 4 Other
Slide 12: Favorability Domain Surface Area
Favorability Surface Area Surface Area Nickel Prospects Nickel Domain (km2) (%) (#) Prospects (%) Domain 1 46.7 0.027 10 13 Domain 2 674.5 0.387 12 16 Domain 3 980.4 0.563 15 20 Domain 4 260.0 0.149 2 3 Domain 5 375.5 0.216 2 3 Domain 6 951.2 0.546 4 5 #1 to 3 1,701.6 0.98% 37 49% #1 to 6 3,288.3 1.
Slide 13: AZtechMine™ modelling at Wapatik
2km AZtechMine™ modelling Domain 3 BS A LEADING MULTICOMMODITY EXPLORER AZIMUT EXPLORATION | TSXV: AZM | OTCQX: AZMTF 5.815.000 5,800,000 355,000 Total Magnetic Intensity High Low 385,000 Wapatik Project AZtechMine™ and Mag Footprints Probable Structures - Brittle Fault Brittle-Ductile or Ductile Sh
Slide 14: The James Bay Nickel Project: New Highly Prospective Targets
The James Bay Nickel Project eo, @ . 200 NEW HIGHLY @ PROSPECTIVE TARGETS * Ze AZtechMine™ 2km 2km 2km . . Domains 3 & 4 || =— Domains 3&4 || = Domain 2) modelling Mag Boost (proprietary) 14 A LEADING MULTICOMMODITY EXPLORER AZIMUT EXPLORATION | TSXV: AZM | OTCQX: AZMTF AZIMUT }. \ EXPLORATION
Slide 15: The James Bay Nickel Project: New Highly Prospective Targets
The James Bay Nickel Project <n, | 200 NEW HIGHLY ~ e PROSPECTIVE TARGETS AZtechMine™ modelling Domains 1, 5 & 6 Mag Boost (proprietary) « & LEADING MULTICOMMODITY EXPLORER AZIMUT EXPLORATION | TSXV: AZM | OTCQX: AZMTF A AZIMUT EXPLORATION
Slide 16: James Bay, Quebec
5aN 53°N sn stn 50°N 80'W 73°W 76°w 7 Tow ew AZIMUT EXPLORATION Al i 4 2 JAMES BAY, QUEBEC Shaded Relief from East @ James Bay Nickel Project - Nickel target ‘Québec LCC Projection - NADB3 Date: 2022-11-19 lz The James Bay Nickel Project 2 95 wholly-owned claim a blocks acquired by map designation 2
Slide 17: Exploration Protocol
The James Bay Nickel Project EXPLORATION PROTOCOL 4 Heliborne Mag-EM 4 Field validation, prospecting 4 Ground geophysics A Drilling co! A LEADING MULTICOMMODITY EXPLORER AZIMUT EXPLORATION | TSXV: AZM | OTCQX: AZMTF A AZIMUT EXPLORATION
Slide 18: The James Bay Nickel Project Summary
The James Bay Nickel Project SUMMARY 4 One of the largest nickel exploration initiatives in Québec 4 Systematic proven targeting approach 4 Comprehensive validation program planned in 2023 A LEADING MULTICOMMODITY EXPLORER AZIMUT EXPLORATION | TSXV: AZM | OTCQX: AZMTF /\ AZIMUT EXPLORATION
Slide 19: azimut-exploration.com
ᓇᑯᕐᒦᒃ ᑭᓇᓈᐢᑯᒥᑎᐣ TSXV: AZM OTCQX: AZMTF azimut-exploration.com
Azimut Exploration — Québec Mines-Energie November 2022 on 6ix