Core Viewpoint - Azimut Exploration Inc. has announced positive results from its 2025 diamond drilling program on the Kukamas Property, indicating significant nickel and platinum group element (PGE) mineralization, which enhances the property's exploration potential [2][3]. Drilling Program Results - The 2025 drilling program included 14 holes totaling 3,803.8 meters, aimed at expanding nickel-PGE sulphide mineralization in the Perseus Zone and testing new targets along a 1.6-kilometer komatiite trend [4]. - Notable drilling highlights include: - Hole KUK25-010: 1.41% Ni, 0.85 g/t PGE over 15.25 m [6] - Hole KUK25-012: 1.77% Ni, 1.04 g/t PGE over 7.5 m [6] - Hole KUK25-013: 4.27% Ni, 2.63 g/t PGE over 8.6 m [6] Property and Joint Venture Details - KGHM International Ltd has acquired a 50% interest in the Kukamas Property and has opted to enter a second phase to earn an additional 20% interest through further funding [3][18]. - The Kukamas Property spans 41 kilometers with a total area of 337.8 square kilometers, benefiting from significant infrastructure [12]. Geological Context - The Perseus Main Zone is characterized by high nickel content and is defined over a strike extent of 135 meters and a vertical depth of 100 meters [7]. - The geological context suggests substantial exploration potential for additional mineralized zones, with similarities to Kambalda-type deposits known for high-grade nickel [10][11]. Future Plans - A 2026 work program is being prepared, with details to be announced soon, indicating ongoing exploration efforts [3].

Core Viewpoint - Li-FT Power Ltd. has entered into a definitive purchase agreement with SOQUEM Inc. to acquire an additional 25% interest in the Galinée property, increasing its total interest to 75% [1][2] Group 1: Acquisition Details - The purchase agreement involves the issuance of 1,000,000 common shares to SOQUEM for the 25% interest in the Galinée Property [2] - The transaction is subject to approval from the TSX Venture Exchange and other customary closing conditions [2] Group 2: Company Overview - Li-FT Power Ltd. is focused on the acquisition, exploration, and development of lithium pegmatite projects in Canada, with its flagship project being the Yellowknife Lithium Project in Northwest Territories [3] - The company also holds three early-stage exploration properties in Quebec and the Cali Project in Northwest Territories, which have potential for lithium pegmatite discoveries [3]

Core Viewpoint - Azimut Exploration Inc. has completed the sale of its 50% interest in the Galinée Property to LiFT Power Ltd., receiving a total consideration of approximately $13.4 million, which includes common shares and a deferred payment [2][3]. Group 1: Acquisition Details - LiFT Power acquired Azimut's interest by issuing 2,000,000 common shares and granting Azimut a 1.4% NSR royalty on the Galinée Property [2]. - Azimut is entitled to a deferred payment of $1,500,000, which can be paid in cash or common shares of LiFT, contingent on specific terms [2]. Group 2: Azimut's Current Holdings - Azimut now holds equity interests valued at approximately $15 million in various companies and has generated royalty interests on three lithium properties [3]. - The royalty interests include a 2% NSR on the JBN-57 claim block and a 1% NSR on the Pikwa Property, both associated with PMET Resources' Shaakichiuwaanaan project [3]. Group 3: Strategic Focus - The transactions align with Azimut's strategy to concentrate on its flagship properties, Elmer and Wabamisk, with significant drill programs planned for early 2026 [4]. - The company has announced a total of at least 17,000 meters of drilling, including ongoing and upcoming programs at various zones within its properties [4]. Group 4: Company Overview - Azimut is recognized for its extensive mineral project portfolio in Quebec, focusing on gold, copper, nickel, and lithium [6]. - The company employs a pioneering approach using big data analytics through its proprietary AZtechMine™ expert system, enhancing its exploration capabilities [6].

Core Viewpoint - Li-FT Power Ltd. has successfully acquired a 50% interest in the Galinée property from Azimut Exploration Inc., which is strategically located next to the Adina lithium deposit owned by Winsome Resources Ltd. This acquisition is a significant step towards enhancing the value and scale of the Adina lithium deposit [1][3]. Acquisition Details - The acquisition was completed under the Azimut Agreement, where Li-FT Power issued 2,000,000 common shares and granted a 1.4% net smelter return royalty on the Galinée Property [2]. - A deferred cash consideration of $1,500,000 is also part of the agreement, payable either in cash or common shares, contingent upon the completion of an economic study or within 18 months of closing [2]. Company Overview - Li-FT Power Ltd. is focused on the acquisition, exploration, and development of lithium pegmatite projects in Canada, with its flagship project being the Yellowknife Lithium Project in Northwest Territories [3]. - The company also holds three early-stage exploration properties in Quebec, which have strong potential for discovering buried lithium pegmatites, in addition to the Cali Project in Northwest Territories [3].

Core Viewpoint - Li-FT Power Ltd. has successfully closed the acquisition of a 50% interest in the Galinée property from Azimut Exploration Inc., which is strategically located adjacent to the Adina lithium deposit owned by Winsome Resources Ltd. [1][3] Group 1: Acquisition Details - The acquisition was completed under the Azimut Agreement, where Li-FT Power issued 2,000,000 common shares and granted a 1.4% net smelter return royalty on the Galinée Property [2] - A deferred consideration of $1,500,000 is payable in cash or common shares, contingent upon the completion of an economic study or within 18 months following the closing [2] Group 2: Strategic Implications - The acquisition of the Galinée property is a step towards fulfilling the conditions for acquiring Winsome Resources, aiming to unlock the full value and scale of the Adina lithium deposit [3] - Li-FT Power is focused on lithium pegmatite projects in Canada, with its flagship project being the Yellowknife Lithium Project, alongside other early-stage exploration properties in Quebec [3]

Highlights include 3.26 g/t Au over 9.35 m within 28.90 m grading 1.29 g/t AuGold zone traced over 1.4 kilometres, open in all directionsFollow-up 2,000-metre drilling program underway to accelerate expansion LONGUEUIL, Québec, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) announces the complete results from its maiden diamond drilling campaign on the Rosa Zone (“Rosa”) at its wholly owned Wabamisk Property in the Eeyou Istchee James Bay reg ...

Core Viewpoint - Azimut Exploration Inc. is initiating a new work phase to expand the Patwon Gold Deposit on its Elmer Property in Québec, supported by favorable gold prices and an internal scoping study conducted in 2025 [1][2]. Group 1: New Work Phase and Drilling Program - The planned program includes a 10,000-metre diamond drill initiative aimed at expanding the known gold resource and testing defined targets near Patwon [2]. - Following positive results, the company will update the NI 43-101 mineral resource estimate and conduct a preliminary economic assessment (PEA) [2]. Group 2: Resource Estimates and Growth Potential - The 2023 NI 43-101 compliant mineral resource estimate indicated 311,200 ounces of indicated resources at a grade of 1.93 g/t Au and 513,900 ounces of inferred resources at a grade of 1.94 g/t Au, using a gold price of US$1,800 per ounce [6][15]. - At a higher gold price of US$2,160 per ounce, the estimate showed 322,900 ounces at 1.76 g/t Au (indicated) and 363,600 ounces at 2.04 g/t Au (inferred) [3][15]. - A systematic review of previous drilling data suggests potential resource growth to the west, with a target zone of 350 metres on-strike by 400 metres vertically, indicating a higher-grade gold rake that has not yet been tested [4]. Group 3: Technical Studies and Property Overview - Contingent on positive drilling results, Azimut plans to initiate advanced technical studies, including metallurgical testwork, geochemical characterization, rock mechanics data collection, energy and infrastructure assessment, and environmental baseline studies [7][6]. - The Elmer Property consists of 658 claims covering a 42.8-kilometre strike length, located in a region with excellent infrastructure, including road access and hydroelectric power [8][6]. Group 4: Company Background and Shareholder Information - Azimut is recognized for its mineral exploration capabilities and holds the largest mineral exploration portfolio in Québec, focusing on gold, copper, nickel, and lithium [10]. - The company has strategic investors, Agnico Eagle Mines Limited and Centerra Gold Inc., holding approximately 11% and 9.9% of the company's shares, respectively [11].

Core Viewpoint - Azimut Exploration Inc. has initiated a new diamond drilling program of at least 5,000 meters on the Fortin antimony-gold zone, which is evolving into one of Canada's largest antimony-bearing mineralized systems, with significant exploration and metallurgical testing underway [2][3][4]. Drilling Program - The new drilling program aims to explore the Fortin Zone at depth for potential gold enrichment related to antimony-gold vertical zonation, with a preliminary 3D modeling of the mineralized body in progress [4]. - A total of 86 holes have been drilled on the Fortin Zone and surrounding targets since its discovery in 2024, with 35 holes (5,890 meters) drilled in the second phase, showing promising results [3][7]. Assay Results - In the second phase, 29 holes (83%) returned antimony mineralization with grades above 0.2% Sb, including 19 holes with gold grades above 0.5 g/t Au [7]. - Notable assay results include: - Hole WS25-74: 0.24% Sb over 23.5 m, including 1.33% Sb over 2.05 m [7] - Hole WS25-67: 0.89% Sb, 0.65 g/t Au over 41.9 m, including 1.05% Sb, 1.88 g/t Au over 13.5 m [9]. Metallurgical Tests and Market Studies - SGS Canada has been commissioned to conduct initial metallurgical tests on the mineralized material from the Fortin Zone and assess global market demand for antimony products [5][18]. Geological Context - The Fortin Zone is associated with a massive albitic stratiform hydrothermal alteration zone, with evidence of strong albitic alteration and a multi-kilometre lateral continuity suggesting a significant vertical extent [13][14]. - Antimony-rich systems are rare in Archean settings in Québec, and the mineralized zone may transition to a deeper gold-rich zone, highlighting its geological significance [16]. Strategic Importance - Antimony is recognized as a critical mineral by various governments, with significant supply shortages impacting its market. The price volatility and supply chain concerns emphasize the importance of diversifying sources outside of China, which dominates global production [18]. - The Wabamisk Property, covering 356 km², is strategically located in a prospective belt in the James Bay region, enhancing its exploration potential for both antimony and gold [19][20].

Core Viewpoint - Azimut Exploration Inc. has signed an acquisition agreement with LiFT Power Ltd. to sell its 50% interest in the Galinée Property, while retaining a royalty interest and a deferred payment option [1][2][3]. Group 1: Transaction Details - LiFT will acquire Azimut's interest in the Galinée Property by issuing 2,000,000 common shares, with Azimut retaining a 1.4% NSR royalty [2]. - Azimut is entitled to a deferred payment of $1,500,000, payable in cash or common shares of LiFT, contingent on specific terms [2]. - The total consideration for Azimut from this transaction is approximately $10,300,000 based on LiFT's closing share price on December 23, 2025 [2]. Group 2: Strategic Focus - This transaction aligns with Azimut's strategy to concentrate on high-potential flagship assets while maintaining exposure to the Galinée-Adina project through an equity stake in LiFT and a retained royalty interest [3]. - Azimut is positioned to advance its Wabamisk and Elmer projects in 2026, supported by a strong balance sheet and a substantial equity investment portfolio [3]. Group 3: Company Overview - Azimut is recognized as a leading mineral exploration company with a significant portfolio in Quebec, focusing on gold, copper, nickel, and lithium [7]. - The company employs a pioneering approach using big data analytics for target generation and maintains rigorous financial discipline [7]. - 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 [9].

Core Viewpoint - Li-FT Power Ltd. has entered into a definitive project acquisition agreement with Azimut Exploration Inc. to acquire a 50% interest in the Galinée property, which is subject to various conditions [1][2]. Group 1: Acquisition Details - The consideration for Azimut's 50% interest includes 2,000,000 common shares of Li-FT and a 1.4% net smelter return royalty on the Galinée Property [6]. - A deferred cash payment of $1,500,000 is also part of the agreement, which can be paid in shares under certain conditions, with payment due at the completion of an economic study or within 18 months [6]. Group 2: Galinée Property Highlights - The Galinée property features high-grade lithium-bearing pegmatites and is located adjacent to Winsome's Adina deposit [3]. - Recent exploration activities have led to the discovery of new spodumene-bearing boulders and the identification of two additional highly prospective target areas [3]. Group 3: Company Overview - Li-FT Power Ltd. is focused on the acquisition, exploration, and development of lithium pegmatite projects in Canada, with its flagship project being the Yellowknife Lithium Project [4]. - The company also holds three early-stage exploration properties in Quebec and the Cali Project in Northwest Territories [4].