Azimut and SOQUEM Expand Lithium Drilling Discovery at Galinée - Seite 2

  Hole GAL23-012: 7.4 metres (from 186.6 m to 194.0 m): 15% to 20% coarse spodumene crystals
12.7 metres (from 210.5 m to 223.2 m): 25% to 30% coarse spodumene crystals.

• Spodumene crystals range from a few to 50 centimetres long, with greyish-beige to greenish-beige colours. A portable LIBS analyzer (Laser Induced Breakdown Spectroscopy) was used to confirm the presence of lithium. Other associated minerals include quartz, white feldspar, tourmaline and, less frequently, garnet, apatite, lepidolite and colombo-tantalite. Holmquistite, a typical lithium-bearing amphibole in the margins of lithium-rich pegmatites, has also been observed. The host rock is dark green amphibolite.

• The geometry of the mineralized drill intercepts suggest they correspond to the down-dip extension of the adjacent Adina Main Zone (Winsome Resources), which dips shallowly to the south. A preliminary interpretation indicates very shallow dips (subhorizontal to 10-15°) to the south. The holes GAL23-005 and -008 are not mineralized.

• Additional drilling is targeting a two (2) kilometre-long target area to expand the mineralized zone further east and south. This target area is supported by a well-defined lake sediment footprint combining key lithium pathfinder elements (lithium-cesium-rubidium-gallium-tin) and a favourable magnetic context. According to public data, the adjacent Adina Main Zone (Winsome Resources) has been delineated over an east-west strike length of 1,300 metres with a shallow dip to the south.

• The Property displays strong and extensive targets, particularly a minimum 20-kilometre-long anomalous lithium trend in lake sediments in the northern part of the Property (which includes the target area described above), largely correlating with an amphibolite unit. Outcrops within this 20-kilometre-long target are rare, but the geochemical footprint underscores significant exploration potential (see press release of October 23, 2023).

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.