An announcement from Azimut Exploration ( (TSE:AZM) ) is now available.
Azimut Exploration Inc. has announced the initiation of a scoping study for the Patwon Gold Zone at its Elmer Project, driven by a favorable gold market. The study aims to evaluate potential mining scenarios, leveraging the project’s exploration upside highlighted by recent prospecting results. These results have revealed significant polymetallic mineralization, suggesting the potential for expanding the resource base. The company’s recent work program has identified new copper-gold prospects and confirmed high-grade mineralization across several zones, enhancing the project’s attractiveness and potential for stakeholders.
More about Azimut Exploration
Azimut Exploration Inc. is a company operating in the mining industry, focusing on the exploration and development of mineral properties. Its primary products include gold and other polymetallic minerals such as copper, zinc, tellurium, and bismuth. The company is primarily focused on its Elmer Property in the Eeyou Istchee James Bay region of Quebec, which is known for its high-quality mineral targets.
YTD Price Performance: -12.90%
Average Trading Volume: 28,652
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$46.35M
For a thorough assessment of AZM stock, go to TipRanks’ Stock Analysis page.