Azimut Discovers New High-Grade Gold Zone at Wabamisk, James Bay Region, Québec, Canada

Core Viewpoint - Azimut Exploration Inc. has discovered a significant gold-bearing zone named the "Rosa Zone" on its Wabamisk Property in the James Bay region of Québec, characterized by high-grade gold results and visible gold occurrences, leading to an expedited transition to drilling planned for fall 2025 [2][3][4]. Summary by Relevant Sections Discovery and Characteristics - The Rosa Zone is outlined over a minimum 700-metre strike with consistent high-grade gold results over 300 metres, featuring visible gold at more than 10 locations along the western part of the zone [3][6]. - Notable results include 29 grab and channel samples with grades above 1.0 g/t Au, including 14 samples exceeding 5.0 g/t Au, with the highest grade reaching 42.0 g/t Au [6]. Geological Context - The zone is situated in the Archean greenstone belt of the La Grande Subprovince, close to the tectono-metamorphic boundary with the Opinaca Subprovince, and is characterized by a shear-hosted quartz vein system [6][9]. - The geometry of the Rosa Zone indicates it is at least 5 to 10 metres thick, with a steep dip to the south and a preliminary definition of a second subparallel gold-bearing trend striking 250 metres south of Rosa [6][9]. Exploration and Development Plans - A follow-up program is scheduled prior to drilling, including mechanical stripping of trenches to further define the zone's geometry [7][8]. - Azimut has made three substantial field discoveries on the Wabamisk Property since regaining full control in 2024, with ongoing exploration programs for other targets in the vicinity, including the Fortin Zone and lithium potential in the Wabamisk East Property [4][8][14]. Company Overview - Azimut Exploration Inc. is recognized for its extensive mineral exploration portfolio in Québec, focusing on gold, copper, nickel, and lithium, and is known for its innovative approach to target generation and partnership development [13][16]. - The company maintains a strong balance sheet and rigorous financial discipline, with strategic investments from major shareholders including Agnico Eagle Mines Limited and Centerra Gold Inc. [17].