Azimut Exploration, Inc. · TSXV:AZM
Azimut Exploration — Metals Investor Forum - January 2026
18 slides from Azimut Exploration's conference presentation, January 2026
Slide 1: A Leading Multicommodity Explorer in Quebec
TSXV: AZM OTCQX: AZMTF A Leading Multicommodity Explorer in Quebec Creating Value Through Discoveries Metals Investor Forum - January 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 information”
Slide 3: Present Status
Azimut Exploration Inc. TSXV: AZM / OTCQX: AZMTF PRESENT STATUS 1) A STRATEGIC SHIFT: From project generator to advanced explorer following key discoveries 2) GOLD FOCUS with exposure to critical minerals (Cu, Ni, Sb, Li) 3) DRILLING CATALYSTS on several projects 4) STRONG BALANCE SHEET & TIGHT SHAR
Slide 4: Key Projects
Azimut Exploration Inc. TSXV: AZM / OTCQX: AZMTF KEY PROJECTS DISCOVERIES – PROJECTS YEAR STATUS METALS DEVELOPMENT STAGE PATWON – ELMER 2020 100% AZM Au-Cu MRE – EXPANSION DRILLING FORTIN – WABAMISK 2024 100% AZM Sb-Au DELINEATION DRILLING ROSA – WABAMISK 2025 100% AZM Au INITIAL DRILLING LITHOS –
Slide 5: Portfolio Highlights
Portfolio Highlights 29 properties 14,833 A UNIQUE POSITION IN claims Kukamas QUÉBEC (Nickel - Copper - PGE) Gold Elmer (Gold) Copper Regional focus in James Bay Ind. - 311,200 oz at 1.93 g/t Au Inf. - 513,900 oz at 1.94 g/t Au JB Lithium Nickel Lithium Geologically endowed region with Other extensi
Slide 6: Corporate Highlights
Corporate Highlights A SOLID FOUNDATION FOR GROWTH Capital Structure Share Ownership Partners Working Cap ~C$8.5M 19% Quebec-based Equity Interests ~C$21.5M Institutions 25% 5% Institutional / Shares 101M Insiders HNW Outstanding F/D: 108M 11% C$1.06 30% Analyst / Share Price 52-week H/L: C$1.06/ C$
Slide 7: Focusing on Gold
Focusing on Gold ELMER Au-Cu WABAMISK Au-Sb Wabamisk - Rosa Zone Discovery
Slide 8: Elmer & Chisasibi Projects
Elmer & Chisasibi Radisson Kukamas AZM-KGHM Option Wabamisk CA NA DA Projects u. s. a. J am es LEGEND Bay FLAGSHIP GOLD Mine Deposit PROJECTS W emindji Eleonore Gold Village/Airport Hydro-electric dam Pilipas Mine Roads AZM-Ophir Option Dhilmar Ltd. 100% owned projects Munischiwan Powerlines Azimut
Slide 9: Elmer
A-21 WOLF NORTH 0.5 g/t Au, 45.0 g/t Ag / 30 m (D) 5 km ELMER 5.09 g/t Au, 172 g/t Ag, 7.53 % Cu (G) 0.36 g/t Au / 31.0 m (D) 4.65 g/t Au, 160 g/t Ag, 7% Cu (G) PATWON 2.7 g/t Au, 5.0% Zn / 1 m (D) 2.38 g/t Au, 91.4 g/t Ag, 4.71 % Cu (G) WEST 0.8 g/t Au / 11 m (D) 2.3 g/t Au, 8.24 g/t Ag, 1.3 % Zn (
Slide 10: A Robust Starting Point for Growth
3D Isometric View A Robust Looking East Starting Point for Growth INITIAL MINERAL Patwon Gold Zone RESOURCE ESTIMATE Resource Estimate announced in Nov 2023 using $1,800/oz price Indicated: 311,200 oz grading 1.93 g/t Au Inferred: 513,900 oz grading 1.94 g/t Au Mineralization open laterally and to d
Slide 11: A Clear Plan to Build Value
Longitudinal Section A Clear Plan Looking Northwest to Build Value 2026 WORK PHASE 10,000 m drill program in preparation Focus on expanding the known gold resource Advanced technical studies scheduled Targeting an updated MRE to support preparation of a PEA Figure as of November 21, 2023 11 A LEADIN
Slide 12: Wabamisk
ROSA ZONE FORTIN ZONE 30.17 g/t Au / 4.0 m (C) incl. 111.5 g/t Au / 1.0 m 1.10% Sb, 0.38 g/t Au / 51.50 m (D) 0.65% Sb, 0.13 g/t Au / 42.75 m (D) 24.8% Sb, 1.35 g/t Au (G) 17.65% Sb, 2.48 g/t Au (G) 1.44% Sb, 5.76 g/t Au (G) WABAMISK 23.0 g/t Au / 3.0 m (C) 3.24% Sb / 19.0 m incl. 4.02% Sb / 15.0 m
Slide 13: Wabamisk
WABAMISK Three main targets zones • Strong linear soil anomaly in arsenic well correlated with major structures and gold showings • Underexplored • 22 km of cumulative strike 2026 planned work • Induced polarization survey • Prospecting • Drilling 13 A LEADING MULTICOMMODITY EXPLORER AZIMUT EXPLORAT
Slide 14: Wabamisk – Fortin Zone
WABAMISK FORTIN ZONE Major antimony-gold system 1,8 km x 250 m x 25 m Open 1.10% Sb / 51.5 m (drilling) 4.02% Sb / 15.0 m (channel) Up to 24.8% Sb (grabs) Significant work completed in 2025 5,000 m drilling program underway to further define: Possible gold enrichment deeper Gold-bearing zone 110 m s
Slide 15: Wabamisk – Rosa Zone Gold
WABAMISK ROSA ZONE - GOLD New discovery: July 2025 Multiple high-grade surface OPEN OPEN results over 300 m Impressive occurrences of visible gold Channel sampling results include: 30.17 g/t Au / 4.0 m. 23.0 g/t Au / 3.0 m 1.4-km-long continuous IP anomaly strongly correlated with surface results 15
Slide 16: Wabamisk – Rosa Zone Drilling
WABAMISK ROSA ZONE Initial drilling program completed in late 2025 3,633 m for 26 holes 11 holes (40%) display visible gold Assay results pending 16 A LEADING MULTICOMMODITY EXPLORER AZIMUT EXPLORATION | TSXV: AZM | OTCQX: AZMTF
Slide 17: Exploration Catalysts
Exploration Catalysts READY FOR AN AGGRESSIVE 2026 WABAMISK KUKAMAS Fortin – Antimony-Gold Perseus – Nickel-PGE 5,000 m drill phase underway 4,000 m drill results pending Rosa – Gold Budget for 2026 under review 3,600 m drill results pending Probable follow-up drilling WABAMISK EAST Lithos - Lithium
Slide 18: Thank you
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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