Core Insights - Azimut Exploration Inc. has made significant exploration progress on the Wabamisk East Property, enhancing its lithium potential by defining a high-grade spodumene pegmatite field [1][2] - The property is 100% owned by Azimut and has identified at least 138 distinct spodumene-bearing outcrops, with channel and grab samples returning an average grade of 1.94% Li2O [2][11] Exploration Progress - The 2025 field program has included extensive mechanical stripping, collection of 280 channel samples, and initial diamond drilling (5 holes, 615 m) to test surface targets [6][9] - The drilling program has confirmed the down-dip extension of mineralized outcrops, with significant spodumene-bearing intervals identified [9] Sample Results - Of the 493 samples collected since 2024, 340 returned grades higher than 0.5% Li2O, with an average grade of 1.94% Li2O [11] - Notable channel composite results include grades such as 2.53% Li2O over 7.0 m and 2.25% Li2O over 5.6 m [8][5] Geological Characteristics - The pegmatite bodies at Lithos North and Lithos South exhibit a north-south orientation with eastward dips, forming a lithium corridor approximately 1.2 km long and at least 250 m wide [13][14] - Spodumene crystals are generally coarse to very coarse, accompanied by minerals such as quartz and feldspar [15] Project Management and Future Plans - The drilling program is conducted by Nouchimi-RJLL Drilling Inc., with rock samples sent to ALS Laboratories for analysis [17] - Azimut plans a more substantial follow-up phase in 2026, as numerous high-grade outcropping targets are drill-ready [9]

Core Viewpoint - PMET Resources Inc. has secured a subscription agreement with its largest strategic investor, Volkswagen Finance Luxemburg S.A., for 89,125 common shares at an issue price of $4.03 per share, raising approximately $359,000 for general corporate purposes [1][2]. Group 1: Investment and Financial Details - Volkswagen's subscription follows a recent share issuance to Azimut Exploration Inc. and SOQUEM Inc. at a deemed issue price of $3.68 per share as part of the Pikwa acquisition announced on November 12, 2025 [2]. - The Toronto Stock Exchange has conditionally approved the issuance of the 89,125 shares to Volkswagen, which will be executed under the Company's existing placement capacity according to ASX Listing Rule 7.1 [2]. Group 2: Company Overview and Project Details - PMET Resources Inc. is focused on critical mineral exploration and development, particularly its 100%-owned Shaakichiuwaanaan Property in Quebec, Canada, which is accessible year-round and near hydro-power infrastructure [3]. - The Company announced a positive lithium-only Feasibility Study for the CV5 Pegmatite, declaring a maiden Mineral Reserve of 84.3 million tonnes (Mt) at 1.26% LiO (Probable), indicating the potential for a significant high-grade lithium project targeting up to approximately 800,000 tonnes per annum (ktpa) of spodumene concentrate [3][4]. - The Shaakichiuwaanaan Project is recognized as the largest lithium pegmatite resource in the Americas and ranks among the top ten globally, with a Consolidated Mineral Resource totaling 108.0 Mt at 1.40% LiO and significant tantalum and caesium resources [4][9].

Core Viewpoint - Azimut Exploration Inc. has signed a non-binding letter of intent to restructure its joint venture with SOQUEM, selling a 75% interest in the Galinée Property to LiFT Power Ltd, while retaining a 1.4% NSR royalty and a deferred payment of $1.5 million [1][3][5]. Group 1: Transaction Details - Azimut will acquire 2,000,000 shares from LiFT for a 50% interest in the Galinée Property, while SOQUEM will receive 1,000,000 shares for a 25% interest [3]. - The Galinée Property consists of 649 claims over 335 km and is located in an emerging lithium district, adjacent to the Adina property owned by Winsome Resources [4]. - The transaction is subject to customary closing conditions and requires approval from the TSXV [5]. Group 2: Strategic Implications - The consolidation of the Galinée and Adina properties will allow LiFT to enhance its property package, facilitating further development without boundary constraints [2]. - Azimut aims to focus on its flagship assets while maintaining exposure to lithium districts through equity ownership and retained royalties [2]. Group 3: Technical Information - The Galinée Property has shown high-grade lithium mineralization, with notable drill results including 1.62% Li₂O over 158.0m and 2.68% Li₂O over 54.6m [4]. - Additional exploration targets have been identified on the property, indicating potential for further resource development [4].

Core Viewpoint - Azimut Exploration Inc. and SOQUEM Inc. have signed a non-binding letter of intent to restructure their joint venture on the Galinée Property by selling a total of 75% interest in the Property to LiFT Power Ltd, which aligns with Azimut's strategy to focus on flagship assets while retaining exposure to lithium districts through equity ownerships and royalties [1][2]. Group 1: Transaction Details - LiFT will acquire a 50% interest in the Galinée Property from Azimut by issuing 2,000,000 shares and an additional 25% interest from SOQUEM by issuing 1,000,000 shares [3]. - Azimut will retain a 1.4% NSR royalty on the Galinée Property and is entitled to a deferred payment of $1,500,000, payable in cash or shares, contingent on the completion of a preliminary economic study or within 18 months [3]. Group 2: Property Overview - The Galinée Property consists of 649 claims covering an area of 335 km² and is located in an emerging lithium district, approximately 50 kilometers from the Renard diamond mine [4]. - High-grade mineralization has been identified in the northern part of the Galinée Property, with notable drill results including 1.62% Li₂O over 158.0m, 2.48% Li₂O over 72.7m, and 2.68% Li₂O over 54.6m [4]. Group 3: Company Background - Azimut is recognized for its extensive mineral exploration portfolio in Quebec, focusing on strategic land positions for various minerals including lithium [10]. - The company employs a pioneering approach using big data analytics for target generation and maintains a strong financial position with strategic investors holding significant shares [10][11].

Core Viewpoint - QcX Gold Corp has announced the acquisition of the Olsen Project, expanding its land position in the Batchawana Greenstone Belt, which is adjacent to Sterling Metals Corp.'s Soo Copper Project, enhancing its potential in a promising copper-gold district [1][2]. Acquisition Details - The acquisition involves 100% ownership of the Olsen Project, a 3,715-hectare land package [1]. - The total land position of QcX in the Batchawana Project now includes 30 multi-cell claims and 39 single-cell claims, forming a contiguous area with over 6.6 kilometers of common boundary with Sterling's discovery [2]. - The financial terms include an aggregate cash payment of $28,000 upon regulatory approval, followed by $36,000 and $50,000 in subsequent years, and the issuance of 500,000 common shares initially, with an additional 300,000 shares by the second anniversary [9][10]. Geological and Strategic Highlights - The Olsen Project is situated within the Precambrian Batchawana Greenstone Belt, known for large copper systems [6]. - Historical work on the Olsen claims has identified five mineral occurrences, with significant past drilling results including a surface grab sample of 1.98 g/t Au and 0.03% Cu over 1.18 m [3][6]. - The geological setting shows continuity with Sterling's discovery, providing immediate exploration opportunities based on historical soil geochemical anomalies and untested geophysical conductors [6][7]. Upcoming Exploration Plans - QcX plans to initiate a target generation and delineation program, followed by prospecting and mapping across the combined Batchawana Project [5]. - The exploration will focus on porphyry-style targets and structural trends, leveraging recent high-resolution magnetic surveys [7]. Company Overview - QcX Gold is focused on exploring for gold and VMS-style mineralization in Ontario and Québec, with properties strategically located near significant discoveries [14][15]. - The Batchawana Project, now including the Olsen claims, is positioned in a historically productive area for copper, gold, molybdenum, and silver, which remains underexplored with modern techniques [15].

Core Insights - Azimut Exploration Inc. has completed its maiden diamond drilling program at the Rosa Zone on the Wabamisk Property, drilling a total of 3,633 metres across 26 holes, significantly exceeding the initial plan of 1,500 metres due to encouraging visual observations of gold [1][2]. Drilling Program Details - The drilling program was expanded based on positive visual observations, with assay results pending. The company plans to aggressively expand its drilling program early next year, with two drill rigs and a fully operational exploration camp already on-site [2]. - Visible gold was found in over 40% of the drilled holes, correlating with a 700-metre east-west trend of gold-bearing outcrops and multiple induced polarization anomalies identified over a minimum strike of 1.4 kilometres [3]. Mineralization Observations - Eleven of the 26 holes displayed visible gold, associated with quartz veins and metasedimentary host rocks. Specific observations include visible gold at various depths in multiple holes, indicating a preliminary east-west-striking envelope measuring 200 metres long by 100 metres wide [5]. - Preliminary results from surface channel sampling have shown high-grade gold results, including 23.0 g/t Au over 3.0 metres and 30.17 g/t Au over 4.0 metres [5]. Property Overview - The Wabamisk Property consists of 673 claims covering 356 square kilometres, strategically located in a prospective belt in the James Bay region. The adjacent Wabamisk East Property has been optioned to Rio Tinto for lithium exploration [7][8]. - The property is situated near significant mining operations and infrastructure, enhancing its accessibility and potential for development [8]. Project Management and Analysis - The drilling program is managed by Nouchimi-RJLL Drilling Inc., with samples sent to ALS Laboratories for analysis. The company employs industry-standard QA/QC procedures to ensure the reliability of results [9]. - Azimut utilizes a proprietary big data analytics system, AZtechMine™, to enhance its exploration efforts, maintaining a strong financial position and rigorous financial discipline [14]. Company Background - Azimut is recognized for its extensive mineral exploration portfolio in Quebec, focusing on gold, copper, nickel, and lithium projects. The company is advancing several high-potential projects, including the Galinée lithium discovery [13]. - Strategic investors include Agnico Eagle Mines Limited and Centerra Gold Inc., holding approximately 11% and 9.9% of the company's shares, respectively [15].

Core Viewpoint - Azimut Exploration Inc. has signed a Sale and Purchase Agreement with PMET Resources Inc. for the Pikwa Property, enhancing its focus on flagship assets while maintaining exposure to the lithium sector through equity ownership and retained royalties [1][2]. Transaction Details - PMET will acquire a 100% interest in the Pikwa Property by issuing 420,958 shares each to Azimut and SOQUEM, totaling a consideration of $3.1 million based on the 20-day volume weighted average price of PMET's shares [3]. - Azimut and SOQUEM will retain a 1.0% NSR royalty on the Property, with resale restrictions on the shares for 24 months, allowing 65% of the shares to be sold only if the 20-day VWAP exceeds specified price milestones [3]. Property Overview - The Pikwa Property consists of 509 claims covering 261 km and is located in the same greenstone belt as PMET's Shaakichiuwaanaan lithium project, indicating potential for lithium pegmatite trends to extend onto Pikwa [4]. - Exploration work has confirmed the presence of spodumene in pegmatite outcrops and till samples, supporting the potential of the lithium trend [4]. Company Background - Azimut is a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Quebec [8]. - The company is advancing several high-potential projects, including the Patwon gold deposit and lithium projects, while maintaining a strong balance sheet and financial discipline [9]. Stock Option Plan Amendments - The Board of Directors has approved amendments to the stock option plan, increasing the number of common shares reserved for future issuance by 1,862,000, totaling 10,052,000 shares, which represents approximately 9.99% of the issued and outstanding shares [6].

Core Viewpoint - PMET Resources Inc. has entered into a definitive agreement to acquire the Pikwa Property, expanding its land position in the James Bay region of Quebec, which is expected to enhance its exploration potential for multiple commodities [1][6][10]. Acquisition Details - The acquisition involves a 100% interest in the Pikwa Property from Azimut Exploration Inc. and SOQUEM Inc. [1][6] - The Pikwa Property consists of 509 mineral claims covering approximately 10 km of a highly prospective greenstone belt trend [2][3]. - The acquisition is subject to customary closing conditions, including approval from the Toronto Stock Exchange [6]. Geological Potential - The Pikwa Property is located immediately west of PMET's flagship Shaakichiuwaanaan Property and is part of a continuous land position of over 70 km of greenstone trend [3][5]. - The geological setting of the Pikwa Property indicates strong potential for various commodities, including orogenic gold, porphyry deposits, and LCT pegmatites [2][3]. - Historical exploration has identified spodumene-bearing pegmatite and spodumene grains in till, further enhancing the property's potential [3][4]. Strategic Importance - The acquisition is viewed as a strategic addition to PMET's land holdings, consolidating some of the most prospective LCT pegmatite trends globally [5]. - The Pikwa Property includes multiple base and precious metal targets, which have been the focus of historical exploration efforts [4][5]. Financial Considerations - Upon closing, PMET will issue an aggregate of 841,916 common shares at a deemed price of $3.68 per share to Azimut and SOQUEM [8]. - A 1% net smelter return royalty interest will be granted to both Azimut and SOQUEM in relation to the Pikwa Property [8].

Core Insights - Azimut Exploration Inc. has reported high-grade gold assay results from channel sampling at the Rosa Zone on its Wabamisk Property in Québec, Canada, with visible gold found in several drill holes [1][2][3] Drilling Program and Results - The initial drilling program of 1,500 metres has been expanded to at least 2,000 metres due to positive results, with assay results pending [2] - Visible gold occurrences in drill core correlate with gold-bearing outcrops over a 700-metre strike and are consistent with induced polarization anomalies over a minimum strike of 1.4 kilometres [2] - The program yielded 20 samples above 1.0 g/t Au, with 8 samples exceeding 5.0 g/t Au [3] - Specific drill holes reported visible gold at various depths, including Hole WR25-02 at 57.07 m and Hole WR25-03 at multiple depths [4] Geological Context - The Rosa Zone features a sheared quartz vein system with disseminated sulphides, indicating a mineralized corridor that is at least 5 to 15 metres thick [5][14] - The geological setting is within the Archean greenstone belt, close to the tectono-metamorphic boundary with the metasedimentary Opinaca Subprovince [14] Property Overview - The Wabamisk Property consists of 673 claims covering 356 km², strategically located in a prospective belt in the James Bay region [7] - The property is adjacent to significant mineral deposits, including the Clearwater Property and the Whabouchi lithium deposit [8] Company Profile - Azimut is recognized for its extensive mineral exploration portfolio in Québec, focusing on gold, copper, nickel, and lithium [15] - The company employs a data-driven approach to exploration, utilizing its proprietary AZtechMine™ system for regional-scale data analysis [16] - Azimut has strategic investors, including Agnico Eagle Mines Limited and Centerra Gold Inc., holding approximately 11% and 9.9% of the company's shares, respectively [17]

Core Viewpoint - 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, amid tightening global supply due to China's export restrictions [1][3]. Company Summary - Azimut has drilled 86 holes totaling 12,286 meters on the Fortin Zone since its discovery in 2024, with plans to resume drilling early next year [3]. - The Fortin Zone is located on the Wabamisk Property, which comprises 673 claims covering 356 km², and is strategically positioned in the James Bay region [12][13]. - The company is recognized for its extensive mineral exploration portfolio in Quebec, focusing on gold, copper, nickel, and lithium [18]. Drilling Results - Recent assay results from 28 of the 35 drill holes indicate significant antimony and gold grades, with notable results including: - Hole WS25-67: 0.89% Sb and 0.65 g/t Au over 41.9 m [4]. - Hole WS25-85: 0.73% Sb over 39.2 m [4]. - Hole WS25-86: 0.56% Sb over 27.0 m [4]. - The mineralized body has been traced over a length of 1.8 kilometers and a vertical depth of 250 meters, remaining open in all directions [2][10]. Geological Context - The Fortin Zone is associated with a massive albitic stratiform hydrothermal alteration zone, which is significant for its antimony and gold mineralization [10]. - The geological environment is recognized as prospective for gold, with the potential for a deeper gold-rich zone beneath the antimony-rich zone [10]. Market Context - The price of antimony has surged to US$56,000 per tonne due to supply shortages, with China accounting for 60% of global production [11]. - Antimony is classified as a critical mineral by Canadian and American governments, highlighting its strategic importance [11].