Slide 1: Corporate Presentation
Corporate Presentation Jean-Marc Lulin President & CEO August 1st, 2016 AZIMUT
Slide 2: Azimut Exploration
Azimut Exploration Summary Key Properties 2016 Work Program AZIMUT
Slide 3: Summary
Summary AZM : TSX-V Azimut’s core business Target generation using advanced data processing concurrently with partnership development Company founded in 1986 45.4M shares outstanding – never consolidated 43.2% insiders (15.3%) and institutional funds (27.9%) $3.4M working capital, no debt
Slide 4: Summary
Summary Signing of 29 agreements in 12 years in Quebec, Canada 9 agreements with major companies: Rio Tinto, Goldcorp, IAMGOLD, Hecla Mining $63M in exploration work to date ($52M funded by partners) Leverage effect: Partners / AZM = 4.7 $6.8M in cash & share payments to Azimut Discovery
Slide 5: Major results obtained by Azimut and partners since 2003
Prospects Major results obtained by Azimut and partners since 2003 Copper Gold Nantais Belt: Au, Ag, Cu, Zn Uranium Ungava Bay uranium province Polymetallic Rössing-type Rex Trend: Au-Ag-Te-Bi-Cu-W- Sn province with IOCG-type and intrusion-related mineral systems Carajás type Major prospects in the
Slide 6: Summary – Board and Management
Summary – Board and Management Jean-Marc Lulin, PhD, geologist President & CEO, Director (Montreal) Jean-Charles Potvin, B.Sc, MBA Director (Toronto) Louis P. Salley, B.A., LL.B. Director (Vancouver) Jacques Simoneau, PhD, Eng. Director (Montreal) Moniroth Lim, CPA, CGA CFO & Corp. Secreta
Slide 7: Key Properties
Key Properties Eleonore South, James Bay region Rex South, Nunavik Rex-Duquet, Nunavik Nantais, Nunavik AZIMUT
Slide 8: Eleonore South
Eleonore South Located 8 km from the world-class gold Eleonore mine (8.4 Moz Au) Adjacent to and on-strike with Cheechoo discovery Encouraging previous results / high-potential new targets 282 claims 147.6 km2 Azimut 26.6%, Goldcorp 36.7%, Eastmain 36.7% Previous exploration work − Mapping
Slide 9: Eleonore Gold Mine Area, James Bay Region
T 76°30'W Drill hole (D) ¢ Collar location (Azimut's properties and Cheechoo) Drilling results over core lengths (true widths unknown) Rock samples (Azimut and partners) ® 21 g/tAu © 0.1-1g/Au t A g S285 roa ELEONORE MINE (Goldcorp) Surface projection Proven and probable reserves: 28.32 Mt @ 5.87 g/
Slide 10: Footprint of the Eleonore Gold Deposit and Eleonore South Property
Zz r Footprint of the Eleonore Gold Deposit and Eleonore South Property ELEONORE MINE (Goldcorp) Surface projection Proven and probable reserves: 28.32 Mt @ 5.87 git Au (5.35 Moz Au) Measured and indicated resources: 4.58 Mt @ 5.49 git Au (0.81 Moz Au) Inferred resources: 9.97 Mt @ 7.11 g/t Au (2.28
Slide 11: Footprint of the Eleonore Gold Deposit and Eleonore South Property
Zz r Footprint of the Eleonore Gold Deposit and Eleonore South Property ELEONORE MINE (Goldcorp) Surface projection Proven and probable reserves: 28.32 Mt @ 5.87 git Au (5.35 Moz Au) Measured and indicated resources: 4.58 Mt @ 5.49 git Au (0.81 Moz Au) Inferred resources: 9.97 Mt @ 7.11 g/t Au (2.28
Slide 12: Eleonore South
Eleonore South Main target area 14 km2: 5,000 m of core drilling planned for 2016 − Strong Au-As anomaly in soil: footprint comparable in size and intensity to the Eleonore deposit − Extensive Al, Si, K alteration zones − Extensive gold halo in drilling (80 ppb Au / 135 m; 70 ppb Au / 257 m;....)
Slide 13: Eleonore South Soil Geochemistry - Gold
1km 37.8 git Au 31.2 g/t Au 22.9 git Au 11 git Au 10 git Au 7.53 git Au 6.24 git Au 5.77 gitAu| 1. 5.34 gitAu| 1. 4.93 git Au| 1. 4.16 git Au| 1. 3.32 gitAu| 1, 1 1 i 2.28 git Au 2.22 git Au 2.19 git Au 2.16 git Au 1.94 git Au 1.92 git Au 1.72 git Au 72 git Au git Au git Au 6 git Au 5 git Au 5 git A
Slide 14: Eleonore South Soil Geochemistry - Drilling results
1km JT Prospect 2.15 gitAu/14.0m 1.33 git Au/ 7.5m 10.35 g/t Au/ 0.5 m 1.54 git Au/ 5.7m 1.90 git Au/ 4.0m 1.40 git Au/ 10.0 m 7.06 git Au/0.5 m 5.33 git Au/8 m (Channel) 1.5 git Au/ 16 m (Channel) Drill hole collar * Iocation 2008 - 2016 \_ Tonalite / metasediment \ contact Eleonore South Soil Geoc
Slide 15: Rex South
Rex South Au, Ag, Te, Cu, Bi, W, Sn 100% AZM 1,464 claims 18 mineralized zones & prospects delineating a cumulative prospective length of 57 km Target types: Intrusion-related gold-polymetallic deposits (ex: Donlin Creek, Fort Knox, Boddington), IOCG AZIMUT
Slide 16: Rex & Duquet
. Rex & Duquet Au, Ag, Cu 100% AZM 1,401 claims 30-km-long prospective trend with high-grade prospects Target types: IOCG, intrusion-related gold - polymetallic deposits AZIMUT
Slide 17: Nantais
Nantais Au-Ag-Cu-Zn 100% AZM 383 claims 3 km x 200 m mineralized corridor 18-km cumulative length of airborne EM anomalies 20-km-long prospective greenstone belt Target type: Gold-rich VMS (ex: LaRonde Mine) AZIMUT
Slide 18: 2016 Work Program
2016 Work Program Budget Funding Work Eleonore South $2 million 26.6% AZM / 73.4% partners Prospecting AZM manager Goldcorp & Eastmain 5,000 m of drilling Opinaca B $756,000 100% Hecla Mining Prospecting Trenching Opinaca D $140,000 100% AZM Prospecting, till Eastmain West Wabamisk To be defined 100
Slide 19: Outlook
Outlook Quebec recognized as one of the best mining jurisdictions worldwide Big Data crunching as an edge in generating high-quality targets Strategic positioning in world-class emerging regions, existing projects at drilling stage Tight share structure and financial discipline Low-risk, low
Slide 20: Thank you !
Thank you ! AZIMUT