Slide 1: A Leading Multicommodity Explorer
AZ | M U T TSXV: EXPLORATION OTCQX: A Leading Multicommodity Explorer Value Creation Through Discoveries Rule Symposium - July 2025
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: What Sets Us Apart?
Azimut Exploration Inc. TSXV: AZM / OTCQX: AZMTF WHAT SETS US APART? 4 Project Generator with Hybrid Exploration Strategy 4 Optionality on large mineral exploration portfolio in Quebec 1 4 discoveries across multiple commodities (Au, Sb, Ni-Cu-PGE, Li), incl. 4 2 initial exploration successes with p
Slide 4: Portfolio Highlights
Portfolio Highlights A UNIQUE POSITION WITH OUTSTANDING POTENTIAL r PrP PP Pe Regional focus Quality flagship projects Critical mineral exposure Project pipeline for new dea Strong partners and strategic investors Provincial support for exploration Positive First Nations engagement a me, by ( Z « 4
Slide 5: A Technically Driven Business Strategy
A Technically Driven Busin r FLAGSHIP usiness Strategy peacssiP es VALUE CREATION PROCESS Elmer t @) Gold-Copper Project | a | 100% owned ! “ H 1 = Sole Funded ! . I Ce] Exploration ss Wabamisk | . ra ~ i oo Oa eieiect Participating : 9 ‘ Leone eee e eee eee eee eens I Interest [= Galinée and/or > .
Slide 6: An Accelerating Rate Of Success
An Accelerating Rate Of Success ‘re MBA 110% sb,038g/tAu 6.06% Ni, 3.34 g/t PGE 24.04 g/t Au / 18.0m 2.68% Ni, 1.3% Cu/ 3.3m 1.62% Li,O / 158.0 m [51.50 m [2.6m ELMER WAPATIK GALINEE WABAMISK KUKAMAS GOLD NICKEL-COPPER LITHIUM GOLD-ANTIMONY NICKEL-PGE Best driling 6 A LEADING MULTICOMMODITY EXPLORER
Slide 7: Exploration Catalysts for 2025
4 Exploration Catalysts for 2025 MINIMUM $10M BUDGET, INCL. $SM PARTNER-FUNDED WABAMISK — Antimony-Gold » 10,000 m drill program to delineate a multi-km-long target and test vertical zoning » Comprehensive prospecting and stripping KUKAMAS -— Nickel-Copper-Platinum-Palladium » 4,000m drilling progra
Slide 8: Corporate Highlights
Corporate Highlights A SOLID FOUNDATION FOR FURTHER SUCCESS A . Exploration Capital Structure Share Ownership Partners yO, * \s Cash >CS$12M ouabain \ RioTinto KGH mM Institutions 4 26% Shares 4 100M 5% oO oo / e3)) utstanding F/D: 107M Insiders HNW SOMUEM ben Share Price CS0.61 1% 52-week H/L: CS0.
Slide 9: Gold
Gold ELMER Au-Cu WABAMISK AZIMUT EXPLORATION
Slide 10: Elmer and Wabamisk Gold Projects
Kukamas Elmer & —— Wabamisk ‘\ | Project ; ; 4 SOLE-FUNDED J ( pum] oon Go LD PROJ ECTS a Eleonore Gold 6 Ihnen AzNsOshir Option | : Naa (Dhilmar) — ED Gold focus exploration with exposure to antimony and copper Munischiwan AZM-SOQUEM JV) ELMER 1% \ "= Powerlines ' \ HB ximut Tenure 4 Significant ex
Slide 11: Wabamisk Sb-Au Target
FORTIN ZONE DOME 110% Sb, 0.38 g/t Au / 51.50 m (D) WABAM | S K 1.30 g/t Au / 7.50 m (D) 0.68% Sb, O18 gjt Au / 42.75 m(D) 17.65% Sb, 2.48 g/t au (©) 80.71 g/t Au (G) 3.92% Sb, 0.3 g/t Au /14.0 m 1.44% Sb, 5.76 g/t Au 5245 a Au (6) incl. 1.84% Sb, 118 g/t Au/3.0m(C) 469% Sb, 727 g/tAu(s) AN TIVMIONY
Slide 12: Wabamisk Antimony-Gold
WABAMISK ANTIMONY - GOLD 4100% owned project 4 Discovery of an outcropping antimony-rich zone 4 110% Sb over 51.5 m (drilling) A’ 392% Sb over 14.0 m (channel) A up to 24.8% Sb (grabs) Robust km-scale system 4 Possible vertical zoning with gold grades increasing at depth .Extensive stripping and sam
Slide 13: Antimony Price and Production
Global Mine Production Uses in United States Other 2024 Nonmetal Products 2024 10% Ceramics & Glass 21% Metal Products Russia 40% China 13% 60% 100,000 24,000 t/y t/y Tajikistan Flame Retardant 17% 39% USGS data $70,000 100% $60,000 Europe Price (99.65% Min) 80% for June 2025: $50,000 $40,000 60% ~U
Slide 14: A-21 Wolf North Wolf
A-21 WOLF NORTH 0.5 g/t Au, 45.0 g/t Ag / 30 m (D) 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 (G) 12.65 g/
Slide 15: Figure as of November 21, 2023
Figure as of November 21, 2023
Slide 16: Kukamas Ni-PGE
KUKAMAS Ni-PGE JBN Ni-Cu-PGE A AZIMUT EXPLORATION
Slide 17: Perseus Zone Halley Showing
PERSEUS ZONE 2.98% Ni, 0.32% Cu, 2.25 g/t PGE / 8.0 m incl. 3.74% Ni, 0.41% Cu, 2.82 g/t PGE / 6.0 m (C) 1.10% Ni, 0.15% Cu, 1.02 g/t PGE / 9.0 m incl. 1.42% Ni, 0.19% Cu, 1.36 g/t PGE / 6.0 m (C) 8.42% Ni, 0.55% Cu, 7.25 g/t PGE / 1.9 m (D) 6.06% Ni, 0.38% Cu, 3.34 g/t PGE / 2.6 m (D) 3.55% Ni, 0.1
Slide 18: Perseus Zone
PERSEUS ZONE Hole KUK24-007 6.06% Ni, 0.38% Cu, 3.34 g/t PGE, 0.20 g/t Au over 2.6 m (from 32.4 m to 35 m) including 19.6% Ni, 0.81% Cu, 9.43 g/t PGE, 0.58 g/t Au, 9.43 g/t Te over 0.75 m First-path assessment with 2,.000m program Two horizons open in all directions Best results: Fertile system: Hig
Slide 19: A Unique Nickel Portfolio
A Unique Nickel Portfolio STRATEGIC, LARGE-SCALE 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 Targeting
Slide 20: Lithium Portfolio
Lithium Portfolio AZIMUT EXPLORATION “\ e.
Slide 21: Lithium Position in James Bay Region
[A J Ls / Shaakichiuwaanaan Lo A atriot Batten letals ~ James Bay Region: . PIKWA > ® cisead Cy AZM-SOQUEM JV Dalmas Qu iP A2Zv-soquem Jv World-Class Emerging es aw Lithium Province Wiser SE AZIMUT HOLDS A SIGNIFICANT ve a “a raf ption os POSITION IN THE REGION CORVET “Bay i 2 AZ Renard Diamond Mini
Slide 22: Wabamisk Property, James Bay Region, Québec
485,000 . : 485,000 Wabamisk Property, James Bay Region, Québec 3.28% Li,0 11.06 m(C) 7.43% LILO (6) 2.4% Li,0/1.4m(C) 7.22% Li0 (G) 1.94% Li0/3m(C) 6.4% Li,0 (6) 79% LEO! 294m (C) 6.16% Li,0 (6) 3 Eibieee Uaioe “2 1.69% Li,O / 3m (C) 4.6% LizO (G) 3 Weise, ERNE LITHOS: EXTENSIVE LITHIUM imuleritmig
Slide 23: Galinée Property
Galinée Property (AZM-SOQUEM JV) Figure as of May 8, 2024
Slide 24: Why Azimut?
WHY AZIMUT? A FULLY FUNDED EXPLORER WITH MULTIPLE EARLY DISCOVERIES ADVANCING THROUGH DRILLING Stripping program ongoing 4,000 m drill program 10,000 m drill program Test additional targets Scoping study underway 1,000 m drill program Test surrounding targets Major positioning in Quebec for critical
Slide 25: azimut-exploration.com
ᓇᑯᕐᒦᒃ ᑭᓇᓈᐢᑯᒥᑎᐣ TSXV: AZM OTCQX: AZMTF azimut-exploration.com