Azimut and SOQUEM Resume Drilling on the High-Grade Lithium Zone at Galinée, James Bay Region, Quebec

LONGUEUIL, Quebec, March 18, 2024 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that diamond drilling has resumed on the Galinée Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec, Canada. A minimum 2,500-metre drilling phase aims to further define and expand the high-grade lithium zone discovered during the maiden program in late 2023.

In addition to drilling the northern part of the project, Azimut will conduct a property-scale comprehensive prospecting phase over the summer to identify additional drill targets along highly prospective sectors on the Property. Azimut and its partner SOQUEM Inc. have ranked the Galinée Property as one of their top priorities for 2024. Azimut is the operator of the work program.

HIGHLIGHTS (see Figures 1 to 4)

The previously reported results at Galinée (see press releases of January 9 and February 23, 2024) notably comprise:

	Hole GAL23-001	2.48% Li2O over 72.7 m including:
			3.38% Li2O over 18.0 m 3.27% Li2O over 12.7 m
	Hole GAL23-003	1.56% Li2O over 36.6 m including:
			2.41% Li2O over 21.2 m
	Hole GAL23-009	2.13% Li2O over 44.1 m including:
			3.35% Li2O over 13.0 m
		1.13% Li2O over 16.5 m including:
			1.69% Li2O over 9.2 m
	Hole GAL23-011	1.71% Li2O over 37.0 m including:
			2.95% Li2O over 15.0 m 2.24% Li2O over 7.0 m
	Hole GAL23-012	1.31% Li2O over 41.3 m including:
			2.68% Li2O over 4.5 m 2.75% Li2O over 12.7 m
	Hole GAL23-014	1.63% Li2O over 17.5 m including:
			2.56% Li2O over 5.2 m