Azimut Exploration, Inc. · TSXV:AZM

Azimut Exploration — Investor Presentation (August 2024)

27 slides from Azimut Exploration's investor presentation, August 2024

  1. Slide 1: A Leading Multicommodity Explorer in Quebec

    AZIMUT | rsx: EXPLORATION OTCQX: A Leading Multicommodity Explorer in Quebec Gold, Copper, Nickel, Lithium August 2024

  2. 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”

  3. Slide 3: 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- yg SOQUEM ew Roptionl , bo KGHM ra o hi \ option . ir Partnerships“ —ogtion \ Mont Royal option os A LEADING MULTICOMMODIT

  4. Slide 4: A Technically Driven Business Strategy

    A Technically Driven Business Strategy a AM - * . o* Quality ° Exploration . -> Portfolio AZtechMine™ Predictive Maps Project Acquisition by = ~s_ Generation Staking Sy GOAL: MAXIMIZING DISCOVERY PROBABILITY AND VALUE CREATION PER SHARE WHILE MANAGING EXPLORATION RISKS ES Partnership Agreements $83M

  5. Slide 5: A Key Exploration Player in Quebec

    A Key Exploration Player in Quebec 20-YEAR HISTORY OF PARTNERSHIPS AND EXPLORATION SUCCESSES 2003 2005 2007 20n 2015 2017 2019 2021 2023 - - - 2010 ~ ~ ~ - - 2004 2006 2008 2012 2016 2018 2020 2022 2024 New “Prospector Targeting the “Discovery of leadership — New partnerships of the Year’ Elmer gold

  6. Slide 6: Corporate Highlights

    Corporate Highlights THE RIGHT INGREDIENTS FOR SUCCESS Capital Structure Cash CS13M Shares 85.5M Outstanding F/D: 919M ; CS$0.50 Share Price 52-week H/L: C$1.30 / CS0.425 Market Cap ~CS43M Cash ond Shores Outstanding as at July 17,2024 Share price and Market capitalization as at July 31, 2024 A LEAD

  7. Slide 7: Management

    Management Directors Board and Management EXPERIENCED TEAM WITH A TRACK RECORD Jean-Marc Lulin, Geo, PhD, President and CEO, Director Senior mining executive, geologist with > 40 years of experience in North America, Africa and Europe. Designed AZtechMine™ the mineral targeting methodology that cons

  8. Slide 8: Elmer Gold Project

    ~~ ~*~ —_ Elmer Gold Project ABA ~

  9. Slide 9: Equinox

    EQUINOX 5.29% Cu, 1.02 g/t Au, 51.7 g/t Ag (G)

  10. Slide 10: Figure as of November 21, 2023

    Figure as of November 21, 2023

  11. Slide 11: Equinox Showing

    Equinox Showing NEW SIGNIFICANT COPPER- GOLD SHOWING IDENTIFIED 4 Located 14 km east of Patwon 4 Steeply dipping east-west-trending zone, at least 100 m long by 30 m wide, open in all directions 4 Quartz-vein mineralized zone with disseminated chalcopyrite and bornite 4 Follow-up field work (detaile

  12. Slide 12: Lithium Portfolio

    Lithium Portfolio AZIMUT EXPLORATION

  13. Slide 13: Quebec, a Leader in the Green Energy Transition

    Quebec, a Leader stone in the Green + hinport ¢ Power dam Energy Transition Power tne James Bay Lithium deposits & major occurrences Railway Azimut's lithium James Bay Lithium Mineral Province properties 4 Outstanding geologic context for LCT pegmatites 4 Initial exploration stage MINING 4 Sustainab

  14. Slide 14: 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 6major 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 proje

  15. Slide 15: Galinée Property

    Ind. - 61.4 Mt at 1.14% Li2O Inf. - 16.5 Mt at 1.19% Li2O 1.62% Li2O / 158.0 m (D) 2.48% Li2O / 72.7 m (D) 2.68% Li2O / 54.6 m (D) 2.13% Li2O / 44.1m (D) Galinée Property (AZM-SOQUEM JV) Figure as of May 8, 2024

  16. Slide 16: Galinée-Adina close-up, James Bay Region, Québec

    24 » Galinée-Adina close-up, James Bay Region, Québec Galinée Project 4 ~ ' \ H We . SIZEABLE MINERALIZED SYSTEM ‘ “y/ \, =. IDENTIFIED itt _ t q 4 Galinée discovery likely to represent the baat southern extension of the Adina deposit es 1 Drill program to continue into the summer (Azimut-SOQUEM JV)

  17. Slide 17: Galinée Project: Section 668,435 E

    Section 668,435 E Adina Property (Winsome) Galinée Property (Azimut - SOQUEM JV) G a | i née Project Property boundary Main Zone noo GAL23-014, —_GaLz3.012, PHASES 1 & 2 OF DRILLING WITH yay ay dai —_ eee ma~ OUTSTANDING INTERVALS . ¢ / 1.63% Li0 / 17.5m 7] incl. 2.56% Li,O / 5.2m Footwall y, x / “a

  18. Slide 18: Galinée Project: Section 668,535 E

    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 <

  19. Slide 19: Galinée Project: Section 668,635 E

    Section 668,635 E Adina Property (Winsome) Galinée Property (Azimut - SOQUEM JV) Property boundary MAINZONG) anus ent GAL24.020 23.461 aan 28118 23-188 “3119 ~=GAL24-021 GAL24-023 300 RU 400 RL 300 RL. 200 RL 400 RL Mm > 2%1:0 I 1% -2% 1,0 Mi <1%u0 From public data (Azimut processing) ORL Galinée Pr

  20. Slide 20: CV5 Discovery

    CV5 Discovery Shaakichiuwaanaan A (Patriot Battery Metals) rea PIKWA Property Inferred Resource: AZM-SOQUEM JV 109.2 Mt at 1.42% Li,O PIKWA IS POSITIONED ON STRIKE TO A MAJOR DISCOVERY JBN-57 sold to Patriot Cancet Property daw 2% NSA (Winsome Resources) ‘5.940,000 5,940,000 4 50/50 JV with SOQUEM P

  21. Slide 21: CV5 Discovery Area

    CVS Discovery Area ATTRACTING A MAJOR PLAYER IN THE DISTRICT 4 Option with Rio Tinto on Corvet and Kaanaayaa projects 4 Significant Li anomalies in lake sediments coupled with strong multi-element footprints 4 Initial exploration phase completed in 2023 4 Comprehensive prospecting completed at Corve

  22. Slide 22: Lithium JBL1

    ‘Lithium JBL1 } } A MAJOR LITHIUM 3 . . PROJECT (100% AZM) » Large block: 52x28 km 4 Regional-scale lithium-prospective zone i i i ar 4 One of the strongest and largest lithium ; footprints in lake sediments, supported by other oe ae a <a pathfinder elements (Cs-Rb-Ga-Sn) 4 Lake bottom sediment anom

  23. Slide 23: Other Exploration Activities

    Other Exploration Activities AZIMUT EXPLORATION

  24. Slide 24: Kukamas Project

    415,000 450/000 Kukamas Project A HIGHLY PROSPECTIVE AND somone UNDEREXPLORED GREENSTONE BELT Tah seh Pf hessccirrecnte) 12.54 gt Au (G) /—B8gthu iG) 0.85 %Cu (6). sab atau (6) “" \56 ait Au (G) p{ose% cue) \ abaaiad f 4 Option with KEHM sae cuh) ——eann ime | 2 tae. cu 04908 _o7e% cue) 0.48% Cu (6)

  25. Slide 25: A Unique Nickel Portfolio

    A Unique Nickel Portfolio STRATEGIC AND PROSPECTIVE PORTFOLIO 4 Km-scale mafic to ultramafic intrusions represent underexplored target type in the James Bay Region 4 Defined by advanced processing of regional-scale data (AZtechMine™) 4 Targets with nickel, copper, cobalt, and PGE potential 4 Energy

  26. Slide 26: 2024 Priority Projects and Exploration Plans

    2024 Priority Projects and Exploration Plans EIGHT EXPLORATION PROGRAMS 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 KAANAAYAA Li,

  27. Slide 27: TSXV: AZM OTCQX: AZMTF azimut-exploration.com

    ᓇᑯᕐᒦᒃ ᑭᓇᓈᐢᑯᒥᑎᐣ TSXV: AZM OTCQX: AZMTF azimut-exploration.com

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