NEWS

January 23, 2023

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV:AZM) (OTCQX: AZMTF) is pleased to report that the Company has conducted an in-depth review of the lithium exploration potential at the scale of the Eeyou Istchee James Bay region (the “James Bay region”), where the Company holds an extensive multi-commodity property portfolio. Six of the Company’s roperties described below (3,370 claims covering 1,741 km²) have been identified as highly prospective for lithium (see Figures 1 to 15).

January 17, 2023

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report the results from 15 additional mineralized holes from the Patwon Gold Zone on the Company’s 100% owned Elmer Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec (see Figures 1 to 4).

December 15, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the appointment of Mr. Rock Lefrançois, P.Geo., as Manager – Special Projects. Mr. Lefrançois’ specific mandates will be to manage work programs on several key projects and support the growth of the Company.

December 8, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the signing of a joint venture option agreement (the “Agreement”) for its Kukamas Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec (see Figures 1 to 5) with KGHM International Ltd (“KGHM International”). KGHM International is a subsidiary of KGHM Polska Miedź S.A, a Polish corporation that has been a major copper and silver producer for more than 50 years, with mining projects in Europe, North America and South America.

November 23, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) announces that the Company will be participating in the Quebec Mines + Énergie Conference (https://mern.gouv.qc.ca/en/quebec-mines/) with technical presentations on its Rex and Rex South projects, as well as its James Bay Nickel project.

October 27, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that the prospecting program undertaken this fall on the Wapatik Property (the “Property”) led to the discovery of a new nickel-copper-bearing ultramafic intrusion 2 kilometres north of the ultramafic intrusion discovered in 2021 (see Figures 1 to 4 and Photos 1 to 2). This field result is viewed as an encouraging step, further demonstrating the nickel-copper potential of the Property and, at a larger scale, the James Bay region (press releases November 30, 2021 and27 July 05, 2022). Follow-up on this second intrusion will consist of an electromagnetic survey to detect the presence of conductors that could be related to massive sulphides.

October 19, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that the third drilling phase has started on the Wapatik Property (the “Property”) after an encouraging maiden drilling program and second drilling phase (press releases of June 29 and October 3, 2022) (see Figures 1 to 3).

October 11, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that it has received the prestigious Discovery of the Year award from the Mineral Exploration Association of Quebec (AEMQ) for the discovery of the Patwon Gold Zone on the 100%-owned Elmer Property located in the Eeyou-Istchee James Bay region of Quebec.

October 3, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that exploration work is actively progressing on the Wapatik Property (“the Property”) after an encouraging maiden drilling program and second drilling phase (see press release of June 29, 2022).

September 13, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report significant exploration progress on the Company’s 100% owned Elmer Gold Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec:

September 9, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV : AZM) (OTCQX : AZMTF) is pleased to announce the closing of two transactions in respect of the Eleonore South and Wabamisk properties in the Eeyou-Istchee James Bay region of Quebec (see press release of August 8, 2022).

August 5, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is very pleased to announce the appointment of Ms. Christiane Bergevin to the Board of Directors of the Company.

August 8, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the execution of two definitive agreements in respect of the Eleonore South and Wabamisk joint ventures in the Eeyou-Istchee James Bay (“James Bay”) region of Quebec:

July 28, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report that a significant drilling program is actively progressing on the Company’s 100% owned Elmer Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec:

July 05, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report it has substantially increased its land holdings for nickel targets at the scale of the Eeyou-Istchee James Bay region in Quebec. The systematic targeting strategy implemented by Azimut is supported by its proprietary AZtechMineTM technology and other exploration criteria, as well as its in-depth knowledge of the region (see press release of November 30, 2021).

June 29, 2022

2.68% Ni, 1.30% Cu and 0.09% Co over 3.30 m

Follow-up Drilling Underway

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the discovery of nickel-copper massive sulphide mineralization during its maiden diamond drilling program on the Wapatik Property (“the Property”). Associated with an ultramafic intrusion, the mineralized interval corresponds to an electromagnetic conductor with excellent chances for expansion. A minimum 6-hole (1,050-metre) follow-up program is already underway to further delineate the shape and extent of this discovery. Other attractive targets within the intrusion may also be drill-tested.

May 30, 2022

May 25, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the appointment of Ms. Brigitte Dejou, P.Eng., M.Sc.A., as Project Manager for the Company. Ms. Dejou’s principal mandate is to advance the Elmer Project.

May 24, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that it has begun a maiden diamond drilling program on the Wapatik Property (“the Property”). At least three holes (~1,000 metres) will test highly conductive zones potentially related to intrusion-hosted nickel-copper mineralization.

May 17, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the appointment of Mr. Jonathan Rosset as Vice-President Corporate Development for the Company. Mr. Rosset will be based in Vancouver (British Columbia), where he will represent the Company.

April 27, 2022

Gold Zone Reaches Minimum Depth of 700 metres

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report new results from nine (9) holes drilled on the Patwon Gold Zone on the Company’s 100% owned Elmer Property (the “Property”) in the James Bay region of Quebec.

April 19, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that it has identified highly-conductive zones potentially related to intrusion-hosted nickel-copper mineralization following the completion of a ground geophysics survey on the Wapatik Property (“the Property”). These attractive targets will be tested by 1,000 metres of core drilling early this summer.

April 13, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that effective today it has qualified to trade on the OTCQX® Best Market under the symbol “AZMTF”. Azimut Exploration upgraded to OTCQX from the Pink® market.

April 06, 2022

Reverse Circulation Drilling over 9 Kilometres of Highly Prospective Ground

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) is pleased to report significant progress as it continues to investigate the camp-scale exploration potential around the Patwon Gold Zone on the Company’s 100% owned Elmer Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec.

March 10, 2022

Longueuil, Quebec – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) is pleased to report the results of six (6) more holes drilled on the Patwon Gold Zone, part of the ongoing 20,000-metre program to expand Patwon and assess additional targets on the Company’s 100% owned Elmer Property (the “Property”) in the James Bay region of Quebec.