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Azimut Exploration Inc

AZM.NE
NEMaterials
$0.68
USD
-0.02(-2.86%)
At close: Apr 28, 00:00 UTC
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Market Snapshot

Market Cap

$69.5M

P/E Ratio

7.3

EPS

-0.02

About

Azimut Exploration, Inc. operates as an exploration company. The company is headquartered in Longueuil, Quebec. The firm holds the mineral exploration portfolio in Quebec. The Company’s projects include Elmer, JB Lithium, JB Nickel and Wabamisk. Its wholly owned flagship Elmer Gold Project is advancing to the initial resource stage in the James Bay region. The Elmer property is located 5-kilometers (km) west of the Billy-Diamond Highway and 60 km from Eastmain, a Cree community on the east coast of James Bay. The Wabamisk property is a 40 km by 10 km gold project located about 70 km south of the Eleonore gold mine (Newmont Corporation) and has a comparable geological context and geochemical signature. Its other key projects include Chromaska, Corne, Doran, Mercator, Pilipas, and others. The Corne property is located within the metasedimentary Opinaca Subprovince (Superior Province), close to the boundary with the Opatica Subprovince. The Doran property is located over 160 km north of the Trans-Taiga Road.

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