Azimut Defines Antimony-Gold Zone over 1.8 km Strike and 250 m Depth, Open in All Directions, on the Wabamisk Property, James Bay, Québec

Core Insights - Azimut Exploration Inc. is advancing its diamond drilling program on the Fortin antimony-gold zone, which is becoming one of the largest antimony-bearing systems in Canada [1][2][3] Company Developments - The Fortin Zone has been traced over a length of 1.8 kilometers and to a vertical depth of 250 meters, remaining open in all directions [2][3] - The company has drilled 86 holes totaling 12,286 meters since the discovery in 2024, with plans to resume drilling early next year, starting with an initial 5,000 meters [3][4] - Recent assay results from 28 of the 35 drill holes indicate significant antimony and gold grades, with notable results including 0.89% Sb and 0.65 g/t Au over 41.9 meters in hole WS25-67 [4][5] Geological Context - The mineralized system is associated with a massive albitic stratiform hydrothermal alteration zone, with evidence of strong albitic alteration and mineralization occurring along the southern sheared contact with less altered metasedimentary host rocks [8][9] - The Fortin Zone is located along a major tectono-metamorphic boundary, which is recognized as prospective for gold, similar to the Eleonore gold deposit [8][9] Market Context - The price of antimony has surged to US$56,000 per tonne due to supply shortages, particularly following China's export restrictions, which have significantly impacted global supply [9] - Antimony is classified as a critical mineral by Canadian and American governments, with China, Tajikistan, and Russia accounting for approximately 90% of global production [9] Property Overview - The Wabamisk Property, wholly owned by Azimut, comprises 673 claims covering 356 square kilometers, with strategic positioning in the James Bay region [10][11] - The adjacent Wabamisk East Property has been optioned to Rio Tinto for its lithium potential, enhancing the strategic value of the area [10]