Azimut Exploration, Inc. · TSXV:AZM
Azimut Exploration — Investor Presentation (November 2019)
20 slides from Azimut Exploration's investor presentation, November 2019
Slide 1: A Key Player in the Mining Sector in Quebec
A Key Player in the Mining Sector in Quebec TSXV: AZM November 2019
Slide 2: Azimut in Quebec, Canada
Azimut in Quebec, Canada ➢ Company Highlights ➢ Key Properties ➢ Outlook
Slide 3: Azimut Highlights
Azimut Highlights • Core business since 2003: Big Data analytics applied to mineral exploration alongside partnership development • 31 partnership agreements, including Rio Tinto (3), Newmont Goldcorp (2), IAMGOLD (2), Hecla Mining (2) and SOQUEM (2) for a total of ~$140 million in work commitments
Slide 4: Azimut Highlights
Azimut Highlights • Company founded in 1986 • 57.4 M shares outstanding (65.4 M fd) – Never consolidated • Excellent share structure: 63% of the shares owned by top shareholders: − 5% insiders − 30% institutional funds in Quebec − 28% several large corporate and private investors • Float: ~ 21 M sha
Slide 5: Azimut’s Vision & Focus
Azimut’s Vision & Focus Technical Risk → Big Data Analytics → Better initial target selection → Gold and Copper focus → Tier 1 target size Business Risk → Partnership Development → Reduce financial requirements → Minimize share dilution → Strong partners for l o n g - t e r m a p p r o a c h S i g n
Slide 6: Azimut’s Vision & Focus
Azimut’s Vision & Focus • $700,000 annualized burn rate (latest 12 months) • $800,000 annual cash income over the past 15 years • One of the best financial leverages (5 to 1) among project generators – 84% partner-funded exploration • One of the lowest share dilution rates among prospect generators
Slide 7: Azimut’s Vision & Focus
Azimut’s Vision & Focus Four steps 1) Targeting through big data analytics 2) Staking of the best available targets 3) Partnership development 4) Exploration
Slide 8: Property Portfolio in Quebec
PROPERTY PORTFOLIO IN QUEBEC PROPERTY PORTFOLIO IN QUEBEC Montréal 25 properties 10,949 claims 4,843 km2 25 properties 11,204 claims 5,371 km2
Slide 9: Key Properties
Key Properties ➢ James Bay region • Elmer-Duxbury 100% AZM • Pikwa AZM-SOQUEM ➢ Nunavik • Rex AZM-SOQUEM • Rex South AZM-SOQUEM
Slide 10: Key Results on Azimut's Projects
T 69°W Key Results on Azimut's Projects James Bay Region, Québec Eleonore South (AZM-Newmont Goldcorp- (AZM-Newmont Goldcorp) Up to 80.7 git Au (G) Eastmain JV) Kukamas 4.9 git Au/ 45.5 m(D) Mastt:2 ras (NF 3.1 git Au/ 24.0 m (D) Corvet > roe P om ontion Opinaca D 79.5 git Au / 5.8 m(C) Pikwa ; ros
Slide 11: Elmer-Duxbury (Au) 100% AZM
Elmer-Duxbury (Au) 100% AZM • Acquired by staking in 2016 • 35 km long underexplored prospective corridor • 7 km long high-grade trend: Sheared mafic intrusions porphyry dykes, network of quartz veins/veinlets • 2019 field results (channel sampling): 9.5 g/t Au over 7.1 m 9.5 g/t Au over 5.3 m 3.3 g
Slide 12: Patwon Prospect
T 5,802,000 T 5,799,000 T 316,500 Patwon Prospect 22.1 git Au / 2.95 m (C) 36.3 git Au / 2.0 m (C) 9.52 git Au/7.1 m(C) 9.56 g/t Au / 5.36 m (C) 3.36 g/t Au / 10.32 m (C) 1.10 gitAu / 18.03 m (C) 22.54 g/t Au / 1.63 m (C) 25.2 git Au/ 1.0 m (C) 12.65 g/t Au (G) Gabbro Zone 7.98 g/t Au, 18.43 g/t Ag
Slide 13: Pikwa (Cu-Au-Ag-Mo)
Pikwa (Cu-Au-Ag-Mo) • Acquired by staking in 2016 • AZM – SOQUEM • 2018-2019 field results Copperfield Trend - Copperfield Prospect: Up to 9.8% Cu, 13.4 g/t Au, 37.6 g/t Ag - 5.2 km long boulder field: Up to 6.9% Cu, 3 g/t Au, 58 g/t Ag, 0.24% Mo - 6 km long soil anomaly in Cu-Ag-Mo - 20 km long lak
Slide 14: Pikwa Property Azimut - SOQUEM Strategic Alliance
525,000 565,000 Pikwa Property 2 3 Azimut - SOQUEM Strategic Alliance, James Bay Region, Québec ES ° Copperfield Trend 2.54% Cu, 1.36 g/t Au, 3.64 g/t Ag (0) 0.86% Cu, 0.33 g/t Au (0) 9.81% Cu, 13.45 git Au, 37.6 git Ag (0) 3.65% Cu, 1.14 g/t Au (0) 0.69% Cu, 0.36 g/t Au, 8.81 g/t Ag, 0.24% Mo (b) 1
Slide 15: Rex Trend – Giant Copper Footprint
Rex Trend – Giant Copper Footprint Three Projects To Unlock Potential Of A World -Class Target REX TREND Quebec-scale Copper Anomaly ➢ Lake-bottom sediment anomaly ➢ 330 km long by 30 to 50 km wide ➢ Underexplored, neglected giant target AZM-TSX:V
Slide 16: Rex-Duquet
Rex-Duquet Au, Ag, Cu ➢ 30 km long prospective corridor with numerous high-grade prospects ➢ 20 mineralized zones ➢ Grabs up to: 580 g/t Au, 915 g/t Ag, 13.65% Cu ➢ Planned work (2020): Prospecting, DRILLING
Slide 17: Rex South
Rex South Au, Ag, Cu, W, REE ➢ 15 km by 5 km intrusive complex ➢ ± 60 km cumulative length of mineralized zones and highly prospective targets ➢ Grabs up to: 23.3 g/t Au, 124 g/t Ag, 102.5g/t Te, 9.28% Cu, 4.72% W, 2.58% Sn ➢ Planned work: Prospecting, DRILLING 200 km
Slide 18: Summary
Summary 1) Pioneer in Big Data analytics applied to exploration with extensive track-record of field validation – Well beyond the experimental stage! 2) Multiple concurrently active projects 3) Financial discipline 4) Significant news flow in progress
Slide 19: Outlook
Outlook • >$6M exploration budget in 2020 including $4M funded by SOQUEM • >12,000 metres of diamond drilling: James Bay (Elmer, Pikwa) & Nunavik (Rex, Rex South, Nantais)
Slide 20: Thank you! Merci !
Thank you! Merci ! ᓇᑯᕐᒦᒃ ᑭᓇᓈᐢᑯᒥᑎᐣ 20
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