Azimut Exploration, Inc. · TSXV:AZM
Azimut Exploration — Precious Metals Summit - Zurich 2026
18 slides from Azimut Exploration's conference presentation, November 2026
Slide 1: A Leading Explorer in Quebec Advancing a Discovery Pipeline
TSXV: AZM OTCQX: AZMTF A Leading Explorer in Qu ebec Advancing a Discovery Pipeline Precious Metals Summit - Zurich November 2026
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 inform
Slide 3: Two Key Gold Discoveries & Critical Minerals Pipeline
Two Key Gold Discoveries & Gold Critical Minerals Pipeline Copper Nickel FOCUSED ON ITS FLAGSHIP GOLD Lithium PROJECTS Elmer (Gold) Ind. - 311,200 oz at 1.93 g/t Au Inf. - 513,900 oz at 1.94 g/t Au WABAMISK (Au - Sb) – A district - scale Kukamas opportunity taking shape N orthern Nickel Corridor ELM
Slide 4: Robust Structure | Supportive Investors and Partners
Robust Structure | Supportive Investors and Partners A SOLID FOUNDATION FOR GROWTH Company Snapshot Share Ownership Partners Working Capital ~C$6M 18% Quebec - based Institutions Investment portfolio ~C$4M 22% 5% Institutional / HNW Shares 110M Insiders Outstanding F/D: 119M 11% C$0.42 Analyst / Sha
Slide 5: Gold Projects
Gold Projects WABAMISK Au - Sb ELMER Au - Cu CORVET & KAANAAYAA Au - Cu Wabamisk - Rosa Zone
Slide 6: James Bay Region, Quebec
Kukamas Perseus Zone (Ni - PGE) Corvet & James Bay Radisson Chisasibi AZM - KGHM Option Kaanaayaa Region, Quebec AZM - Centerra Option James A DEVELOPING Bay EXPLORATION AND Pilipas Eleonore Gold Mine Dhilmar Ltd. AZM - Ophir JV MINING REGION Wemindji Munischiwan Produced : 2.9 m oz Au Reserves: 1.6
Slide 7: Wabamisk
FORTIN ROSA 46.41 g/t Au / 3.5 m incl. 155.0 g/t Au / 1.0 m (D) 4.66 g/t Au / 6.0 m (D) 1.10% Sb, 0.38 g/t Au / 51.5 m (D) 1.08% Sb, 0.53 g/t Au / 22.7 m (D) WABAMISK GINGER 1.01% Sb, 0.15 g/t Au / 17.85 m (D) 4.84 g/t Au / 6.0 m (D) 30.17 g/t Au / 4.0 m (C) 1.4 g/t Au / 2.0 m (C) 0.65% Sb, 0.13 g/t
Slide 8: Rosa-Dome
ROSA - DOME A GOLD - BEARING VEIN FIELD 5 distinct mineralized zones with a minimum cumulative strike length of 5.4 km Located within a 5 km by 3 km largely unexplored area Vein system characterized by quartz - tourmaline - iron carbonate - arsenopyrite ± pyrite assemblage Features comparable to tho
Slide 9: Rosa Zone
5.81 g/t Au / 1.0 m (D) ROSA ZONE 2.10 g/t Au / 10.5 m incl. 10.84 g/t Au / 1.5 m (D) 2.99 g/t Au / 4.6 m HIGH - GRADE DISCOVERY incl. 12.98 g/t Au / 0.9 m (D) 1.29 g/t Au / 28.8 m (D) 2.88 g/t Au (G) 2.36 g/t Au (G) 3.03 g/t Au / 5.0 m (C) incl. 3.26 g/t Au / 9.35 m (D) 1.50 g/t Au (G) 2.72 g/t Au
Slide 10: Wabamisk
WABAMISK DISTRICT SCALE POTENTIAL Major underexplored 30 - kilometre - long corridor that straddles two subprovinces Strong link between soil geochemistry (As, Sb) and IP anomalies, along east - west subparallel shear zones Comprehensive surface campaign: soil & till surveys; prospecting & mechanica
Slide 11: Elmer
WOLF NORTH A-21 5 km 5.09 g/t Au, 172 g/t Ag, 7.53% Cu (G) 0.5 g/t Au, 45.0 g/t Ag / 30 m (D) 4.65 g/t Au, 160 g/t Ag, 7% Cu (G) 2.38 g/t Au, 91.4 g/t Ag, 4.71% Cu (G) 2.3 g/t Au, 8.24 g/t Ag, 1.3% Zn (G) 2.04 g/t Au, 111 g/t Ag, 4.01% Cu (G) PATWON WEST 12.65 g/t Au (G) 12.6 g/t Au (G) 0.36 g/t Au
Slide 12: Expanding Patwon
Longitudinal Section Patwon Gold Zone Looking Northwest Expanding Patwon 2026 PROGRAM 5,400 m completed in 10 holes in 2026 Updated MRE underway with planned delivery in late 2026 Path forward for the project to be decided following this step Figure as of November 3, 2026 200 m Figure as of November
Slide 13: Corvet & Kaanaayaa
Corvet & CORVET Kaanaayaa PARTNER - FUNDED GOLD - COPPER Agreement announced in As 7.86% Cu (G) Moly Prospect 7.39 g/t Au, 3.98 g/t Ag, 0.62% Mo, 0.33% Bi (G) October 2026 with 1st year 3.14% Cu (G) 3.82 g/t Au, 1.92 g/t Ag,0.95% Mo, 0.2% Bi (G) 15.4 g/t Ag (G) commitment of $1.25M 1.83 g/t Au (G) 1
Slide 14: Nickel
Nickel KUKAMAS Ni - PGE NNC Ni - Cu - PGE
Slide 15: Kukamas & Northern Nickel Corridor Alliance
Northern Nickel Corridor AZM/SOQUEM Alliance Kukamas & Chisasibi Radisson Northern Nickel KUKAMAS AZM/KGHM Corridor Alliance option Wemindji Renard Mine Eleonore Gold LiFT Power - Option STRATEGIC NICKEL James Mine Dhilmar Ltd. Bay PORTFOLIO FUNDED BY PARTNERS ELMER Kukamas: High - grade nickel - WA
Slide 16: Kukamas
PERSEUS ZONE KUKAMAS 2.98% Ni, 0.32% Cu, 2.25 g/t PGE / 8.0 m incl. 3.74% Ni, 0.41% Cu, 2.82 g/t PGE / 6.0 m (C) 1.10% Ni, 0.15% Cu, 1.02 g/t PGE / 9.0 m incl. 1.42% Ni, 0.19% Cu, 1.36 g/t PGE / 6.0 m (C) NICKEL - PGE DISCOVERY 8.42% Ni, 0.55% Cu, 7.25 g/t PGE / 1.9 m (D) 6.06% Ni, 0.38% Cu, 3.34 g/
Slide 17: Summary: A Robust Discovery Pipeline in Québec
Summary: A Robust Discovery Pipeline in Québec WABAMISK CORVET & KAANAAYAA Fortin : Antimony - Gold ➢ Till survey ongoing Rosa – Dome: Gold ➢ F ield follow - up program in 2027 ➢ Recognition of a large vein field through extensive geochemical & geophysical surveys (IP), prospecting and stripping ➢ M
Slide 18: Thank you! Merci!
Thank you! Merci! ᓇᑯᕐᒦᒃ ᑭᓇᓈᐢᑯᒥᑎᐣ Contact information Jean - Marc Lulin Jonathan Rosset President and CEO VP Corporate Development +1 (450) 646 - 3015 +1 (604) 202 - 7531 info@azimut - exploration.com jrosset @azimut - exploration.com TSXV: AZM OTCQX: AZMTF azimut-exploration.com
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