Azimut and SOQUEM Drill Wide Lithium-bearing Pegmatite Intercepts at Galinée, James Bay Region, Quebec - Seite 3

Drilling Contract and Analytical Protocols

Chibougamau Drilling Ltd of Chibougamau (Quebec) is carrying out the drilling operations using a core diameter of BTW.

Samples are sent to ALS Laboratories in Val-d’Or (Québec) for a multi-element suite analysis using ICP (laboratory codes: ME-MS61, ME-MS41, ME-MS89L). Azimut applies industry-standard QA/QC procedures to its drilling programs. All batches sent for analysis include certified reference materials, blanks and field duplicates.

Grab samples are selective by nature and unlikely to represent average grades. The lithium content related to spodumene mineralization can only be accurately determined by assay analysis. The true widths of the drill intervals are not determined at this stage.

The Galinée Property

The Galinée Property (649 claims, 335 km²) is a 50/50 joint venture between Azimut and SOQUEM, operated by Azimut. The 36-kilometre-long project is located about 50 kilometres north-northwest of the Renard diamond mine (Stornoway) and 60 kilometres south of the Trans-Taiga Road, a regional highway.

Other Azimut Active Exploration Programs

Substantial concurrent exploration programs have been conducted this summer season, or are still underway, following a lengthy period of access restrictions related to widespread forest fires (see press release of August 21, 2023). Material results will be reported on a timely basis.

Completed field work

-	Elmer (gold), 100% AZM: Survey of the drill hole collars on Patwon to finalize the mineral resource estimate.
-	JBN57 (lithium), 100% AZM:	25 grab rock samples (prospecting).
-	Kukamas (copper-gold), KGHM option:	110 grab rock samples (prospecting).
-	Wapatik (lithium, nickel-copper), Mont Royal option:	202 grab rock samples (prospecting).
-	Pikwa (lithium), AZM-SOQUEM JV:	646 grab rock samples (prospecting).
-	Pontois (lithium), AZM-SOQUEM JV:	132 grab rock samples (prospecting).

Field work in progress