Azimut Exploration, Inc. · TSXV:AZM
Azimut Exploration — Investor Presentation (January 2023)
30 slides from Azimut Exploration's investor presentation, Jan 30, 2023
Slide 1: A Leading Multicommodity Explorer in Québec
AZM TSXV: AZM AZMTF OTCQX: AZMTF A Leading Multicommodity Explorer in Québec Gold, Copper, Nickel, Lithium January 30, 2023
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: Principal Building Blocks
Principal Building Quality Elmer Blocks Exploration Portfolio Discovery Flagship Gold Project AZtechMineTM 100% owned Largest claim holder Predictive modelling WHAT SETS AZIMUT in Quebec for that works Au, Cu, Ni, Li APART? 3 A LEADING MULTICOMMODITY EXPLORER AZIMUT EXPLORATION | TSXV: AZM | OTCQX:
Slide 4: Strategic Exploration Portfolio
Strategic Exploration Rex (Copper-Gold) 30 properties Portfolio 16,829 claims A SIGNIFICANT POSITIONING 8,267 km2 IN A STABLE JURISDICTION Rex South (Copper-Gold) 100% Azimut Multicommodity exposure SOQUEM Alliances JB Lithium: 16 blocks JB Nickel: 112 blocks Funding and partnerships in place for Ot
Slide 5: Corporate Highlights
Corporate Highlights THE RIGHT INGREDIENTS FOR SUCCESS Capital Structure Share Ownership Analyst Coverage Working Capital C$8.6M 30% 30% 79.5M Quebec-based Funds / HNW Shares Institutions Individuals Outstanding F/D: 85.9M 5% C$1.50 Insiders Share Price 52-week H/L: C$1.80 / C$0.49 25% 10% Market Ca
Slide 6: Elmer Gold Discovery
Elmer Gold Discovery Patwon Gold Zone - Drill Core
Slide 7: Elmer Gold Project
Radisson Kukamas Elmer Gold Chisasibi AZM-KGHM Option Project C AN AD A u. s . a. LEGEND POSITIONED TO BE A MAJOR Mine GOLD ASSET IN QUEBEC Deposit Wemindji Eleonore Gold Village/Airport Mine Hydro-electric dam Drilling discovery in 2020 Newmont Roads Aggressively advanced ever since Powerlines Pili
Slide 8: Elmer Property
305,000 340,000 ? A A-21 Zone 0.5 g/t Au, 45.0 g/t Ag / 30 m (D) N Wolf Prospect 0.36 g/t Au / 31.0 m (D) 19.25 g/t Au / 1.0 m (C) 2.7 g/t Au, 5.0% Zn / 1 m (D) 12.3 g/t Au / 1.75 m (C) 0.8 g/t Au / 11 m (D) 3.7 g/t Au / 0.7 m (D) 5,815,000 Elmer Property 58.2 g/t Au (G) 102.52 g/t Au, 19.9 g/t Ag (
Slide 9: 2023 Objectives
2023 Objectives CLEARLY DEFINED SHORT TERM GOALS Patwon Gold Zone: Camp-scale Exploration: Delineation of a maiden NI 43-101 Defining and drill testing additional compliant gold resource mineralized zones Crystallizing the value Outlining the full potential of the Patwon Gold Zone of the Elmer G
Slide 10: An Orebody in the Making
Surface Longitudinal View: An Orebody Patwon Gold Zone Mineralized Envelope using a 0.5 g/t in the Making Au Grade Shell FOLLOWING PREDICTABLE AND STRONG GOLD MINERALIZATION Significant progress since initial discovery in 2020 ~53,000 m drilled in 128 holes Known mineralization consistently expandin
Slide 11: An Orebody in the Making
An Orebody in the Making FOLLOWING PREDICTABLE AND STRONG GOLD MINERALIZATION Significant progress since initial discovery in 2020 ~53,000 m drilled in 128 holes Known mineralization consistently expanding with drilling Mineralization remains open laterally and to depth Zone defined 680 m x 860 m x
Slide 12: Excellent Results to Date
Excellent Results to Date BEST INTERSECTIONS OVER A 690 M STRIKE AND 860 M DOWN DIP True Thickness Depth 24.04 g/t Au over 18.0 m 17.1 m - 240 m 3.15 g/t Au over 102.5 m 62.6 m - 30 m 2.84 g/t Au over 108.2 m 63.7 m - 50 m 3.01 g/t Au over 90.2 m 82.7 m - 170m 6.43 g/t Au over 40.6 m 38.2 m - 310m A
Slide 13: A New Zone Identified
North Zone Patwon Surface Preliminary Envelope A New Zone Identified SUPPORTS STRONG POTENTIAL FOR ADDITIONAL DISCOVERY IN THE PATWON CORRIDOR Subparallel zone identified ~300 m north of main Patwon Zone Minimum strike length of 460 m with several high- grade intervals, including: 82.1 g/t Au, 87.0
Slide 14: Strong Growth Potential
Strong Growth Potential OROGENIC DEPOSITS HAVE SIGNIFICANT POTENTIAL VERTICAL EXTENT P&P: 1M oz Au P&P: 3.4M oz Au Patwon Goldex M&I: 1.8M oz Au Young-Davidson M&I: 0.9M oz Au Inferred: 1.2M oz Au Inferred: 0.2M oz Au open open - 1,000m Source: Alamos Gold - 1,500m Reported Reserves and Resources as
Slide 15: Patwon Gold Zone
Patwon Gold Zone A UNIQUE SET OF POSITIVE CHARACTERISTICS Geometric Wide Mineralized Excellent Gold Exploration Continuity Envelope Recoveries Upside Outstanding geometric Wide mineralized envelope Excellent gold recoveries Mineralization remains continuity from surface (>2 g/t Au) including consist
Slide 16: Camp-Scale Exploration Upside
Camp-Scale Exploration Upside 315,000 0.76% Zn, 0.24% Cu / 9.7m at 247 m A-21 Zone 0.5 g/t Au, 45.0 g/t Ag / 30 m (D) 102.52 g/t Au, 19.9 g/t Ag (G) 6.3 g/t Au (G) 323,000 0.14 g/t Au, 12 g/t Ag, 0.24% Zn, 0.58% Cu / 1.5 m 0.36 g/t Au / 31.0 m (D) 18.25 g/t Au (G) at 217 m 2.7 g/t Au, 5.0% Zn / 1 m
Slide 17: Prospecting Program
305,000 340,000 Prospecting A-21 Zone N 0.5 g/t Au, 45.0 g/t Ag / 30 m (D) Wolf Prospect 0.36 g/t Au / 31.0 m (D) 19.25 g/t Au / 1.0 m (C) 2.7 g/t Au, 5.0% Zn / 1 m (D) Program 12.3 g/t Au / 1.75 m (C) 0.8 g/t Au / 11 m (D) 5,815,000 3.7 g/t Au / 0.7 m (D) 58.2 g/t Au (G) 102.52 g/t Au, 19.9 g/t Ag
Slide 18: Regional Assessments for Critical Metals Ni - Li
Regional Assessments for Critical Metals Ni - Li AZtechMine™ PREDICTIVE MODELLING THAT WORKS
Slide 19: James Bay Lithium District
James Bay Lithium Pontois Kukamas PIKWA AZM-SOQUEM JV Radisson Dalmas Chisasibi AZM-KGHM option AZM-SOQUEM JV AZM-SOQUEM JV District Corvette KAANAAYAA Adina JB LITHIUM CORVET EXTENSIVE LAND HOLDINGS WITH 16 Projects GALINEE AZM-SOQUEM JV SIGNIFICANT LITHIUM POTENTIAL Wemindji James Bay Pilipas 6 ma
Slide 20: Corvette Discovery Area
Corvette Discovery Area ON STRIKE AND CLOSE PROXIMITY TO A MAJOR DISCOVERY Pikwa: Same geologic trend hosting the Li-bearing pegmatite bodies at Corvette (PMET) Data strongly suggest the existence of a 14-km-long strike extension onto Pikwa Corvet: Prominent 26-km-long Li anomaly in lake sediments c
Slide 21: Adina-Galinée Area
Adina-Galinée Area ADJACENT TO A NEW LITHIUM DRILLING DISCOVERY Large property package: 33 km strike length Immediately south of Adina project (Winsome), Best results: 1.34% Li2O over 107.6 m One mineralized drill hole reached property boundary. Comparable pegmatite bodies likely present at Galinée
Slide 22: Generating a Unique Nickel Portfolio
Generating a Unique Pontois Kukamas AZM-SOQUEM JV Pikwa Radisson AZM-KGHM Option Dalmas Chisasibi AZM-SOQUEM JV AZM-SOQUEM JV Nickel Portfolio Kaanaayaa Corvet STRATEGIC AND PROSPECTIVE Wemindji Eleonore Gold Galinee AZM-SOQUEM JV PORTFOLIO Mine Newmont Renard Diamond Mine Stornoway Pilipas James Km
Slide 23: Partnered Exploration Activities
Partnered Exploration Activities Wapatik – 2022 Drill Program
Slide 24: Wapatik Nickel Project
Radisson Kukamas Wapatik Nickel Chisasibi AZM-KGHM Option Project C AN AD A u. s . a. LEGEND A SIGNIFICANT NEW Mine NICKEL-COPPER DISCOVERY Deposit Wemindji Eleonore Gold Village/Airport Mine Hydro-electric dam 115 km2 property on strike from Patwon Newmont Roads Gold Zone Powerlines Pilipas Azimut
Slide 25: Wapatik Project
Wapatik Project Discovery of second UNCOVERING A NEW NICKEL mineralized ultramafic intrusion COPPER TARGET High resolution mag survey identified a previously unrecognized kilometer-scale ultramafic intrusion Initial prospecting confirmed presence of Copper and Nickel mineralization High grade Nickel
Slide 26: A Successful Maiden Drill Program
A Successful Maiden Drill Program 361,000 362,000 5,807,500 5,807,500 TESTING WELL-DEFINED CONDUCTORS 0.73% Cu, 0.06% Ni, 112 ppm Co, 7.09 g/t Ag 0.65% Cu, 0.08% Ni, 127 ppm Co, 5.92 g/t Ag 1.03% Cu, 0.38% Ni, 316 ppm Co, 5.42 g/t Ag Focused on conductors identified by an electromagnetic 0.81% Cu, 0
Slide 27: Kukamas Copper-Gold Project
Radisson KUKAMAS Kukamas Chisasibi AZM/KGHM option Copper-Gold C AN AD A u. s . a. Project LEGEND Mine Deposit PARTNERING WITH A MAJOR Wemindji Eleonore Gold Village/Airport COPPER PRODUCER Mine Hydro-electric dam Newmont Roads Powerlines Agreement signed in December 2022 Pilipas Azimut Tenure James
Slide 28: Kukamas Project
Kukamas Project 415,000 450,000 5,960,000 Stream Sediment Geochemistry A HIGHLY PROSPECTIVE AND Copper UNDEREXPLORED GREENSTONE BELT 1.8% Cu / 0.3 m (C) 5,955,000 0.5 g/t Au, 0.83% Cu, 0.3 g/t Ag (G) 1.03 % Cu (G) 0.82% Cu, 1.2 g/t Ag (G) 3.3% Cu, 17.7 g/t Ag (G) ! 0.66 % Cu, 7.4 g/t Ag (G) 10.63 g/
Slide 29: Rex Trend: Giant Copper Footprint
Rex Trend: Giant Copper Footprint 330 km REX TREND UNLOCKING THE POTENTIAL OF A WORLD-CLASS TARGET 330 km x 30 - 50 km lake-bottom sediment anomaly > 30 mineralized zones (Cu-Au) Underexplored giant target for critical and strategic minerals: Cu, W, Sn, Bi, Be, Te, Re, In, REE Potential for: IOCG In
Slide 30: Summary
Summary MULTIPLE CATALYSTS IN PLACE Elmer Gold Active Strong Project Project Partnerships Pipeline Patwon Gold Zone Wapatik JBN & JBL Maiden resource estimate Follow up drilling Major positioning for critical metals Elmer Camp Scale Kukamas Exploration Property-wide program New Partnerships Strong p
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