Azimut Exploration Inc. Reports Promising Drilling Results at Wabamisk Property

Longueuil, Quebec, May 22, 2025 — Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) has announced highly encouraging results from its recent diamond drilling program at the antimony-gold Fortin Zone on its wholly owned Wabamisk Property in the Eeyou Istchee James Bay region of Quebec, Canada. The drilling program, which initially planned for 5,000 meters, was expanded in January and concluded in late March with a total of 51 diamond drill holes for 6,396 meters.

The results have been nothing short of impressive, with Azimut drilling 1.1% antimony (Sb) over 51.5 meters, including a significant 3.43% Sb and 2.37 grams per tonne (g/t) gold (Au) over 6.5 meters. These findings underscore the potential of the Fortin Zone and have set the stage for a more extensive summer drilling campaign. The upcoming campaign will include 10,000 meters of infill and expansion drilling, aimed at further delineating and expanding the mineralized zone.

The Wabamisk Property, located in the James Bay region, has been the focus of Azimut’s exploration efforts following the surface discovery of the Fortin Zone in late 2024. The initial drilling program was a direct follow-up to this discovery, and the results have exceeded expectations, providing a solid foundation for the next phase of exploration.

Azimut’s market capitalization stands at CAD 55,194,868, with a close price of 0.6 CAD on May 20, 2025. The company’s shares have seen significant volatility over the past year, with a 52-week high of 0.78 CAD on October 31, 2024, and a low of 0.43 CAD on July 9, 2024. The recent drilling results are likely to have a positive impact on investor sentiment and could potentially drive the stock price higher as the market digests the promising data.

The company’s focus on the metals and mining sector, particularly in the antimony and gold markets, positions it well in the current commodity landscape. Antimony, a critical metal used in various industrial applications, including flame retardants and lead-acid batteries, has seen increasing demand, while gold remains a staple in the investment and jewelry markets.

As Azimut prepares for its summer drilling campaign, the company is well-positioned to capitalize on the promising results from the Wabamisk Property. The successful execution of the upcoming drilling program could further enhance the company’s resource base and potentially lead to a significant resource update.

Investors and industry watchers will be closely monitoring Azimut’s progress as it continues to explore the Fortin Zone. The company’s strategic focus on high-potential projects in western Quebec, combined with its recent drilling success, suggests a bright future for Azimut Exploration Inc. in the metals and mining sector.