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Azimut Exploration Reports High-Grade Nickel-PGE Discoveries in Quebec

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Azimut Exploration Reports High-Grade Nickel-PGE Discoveries in Quebec

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Azimut Exploration ( (TSE:AZM) ) has shared an announcement.

Azimut Exploration Inc. announced high-grade nickel and PGE mineralization results from its maiden 2,000-meter diamond drilling program on the Kukamas Property in Quebec. The successful drilling results confirm the Perseus Zone as a significant nickel and PGE discovery, with mineralization similar to the Kambalda-type deposits in Western Australia. These findings highlight the potential of the Kukamas Property, prompting the development of a work plan for 2025 to advance the Perseus discovery and explore other targets.

More about Azimut Exploration

Azimut Exploration Inc. is a company involved in the exploration of mineral resources, focusing on nickel and platinum group elements (PGE) in the James Bay region of Quebec. The company operates through an option agreement with KGHM International Ltd and conducts exploration activities in promising geological settings, such as the Kukamas Property.

YTD Price Performance: 14.52%

Average Trading Volume: 25,508

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$60.84M

Find detailed analytics on AZM stock on TipRanks’ Stock Analysis page.

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