Azimut Exploration Inc. is a Canadian mineral exploration company trading on Toronto's TSX Venture Exchange. Its objective is to discover major ore deposits using an innovative targeting methodology combined with considerable exploration know-how.
Azimut's portfolio includes 23 exploration properties in Quebec for uranium, gold, rare earths, chromium and platinum group metals. The properties represent about 20,000 claims (~10,000 km2 or about 10% of the provincial total), making it the #1 claim-holder in this mining-friendly province.
Azimut's strategy is to drastically reduce the technical and financial risks associated with exploration by generating quality targets and developing partnerships at an early stage. This approach allows the Company to be essentially self-financing, receiving about $1 million per year in cash and share considerations since 2004, which covers most of the internal expenditures.
Moreover, in just six years, Azimut has signed 25 option agreements and regional-scale strategic alliances with majors and juniors. The deals represent $30 million in partner-funded work and led to the discovery of more than 200 new prospects. This success can be credited to the efforts of a team with a rigorous and disciplined approach, and considerable international experience in the mining industry.
Learn more >>Azimut starts $1.8-million exploration program at the REX Property (Copper-REE) in Nunavik, Quebec