Azimut resumes drilling at Kukamas property

Executive Summary

• Azimut Exploration has launched a minimum 4,000‑metre diamond drilling program on the Kukamas property to expand the high‑grade Perseus nickel‑PGE zone and test new targets north of Perseus.
• The program includes 2,200 m aimed at deepening and extending the known Perseus mineralization (open in all directions) and 1,200 m targeting a 1.6‑km geological trend with additional prospective komatiite flows.
• Prior drilling on Perseus returned exceptionally high grades (up to 19.6 % Ni, 12.15 g/t Pd, 3.65 g/t Pt, plus notable Rh, Ir, Ru, Os, Au and Te), indicating a Kambalda‑type nickel‑PGE system with significant upside.

Key Details

• Program Scope: Minimum 4,000 m of NQ‑core diamond drilling; 2,200 m to expand Perseus zone, 1,200 m to test new north‑trend targets.
• Operator & Partner: Azimut Exploration Inc. (operator) under an option agreement with KGHM International Ltd.
• Perseus Zone Highlights (previous results):
• Ni grades frequently > 3 % and up to 19.6 %; Pd 1.16–12.15 g/t; Pt up to 3.65 g/t.
• PGE suite: Rh up to 1.16 g/t, Ir 0.43 g/t, Ru 2.75 g/t, Os 0.45 g/t.
• Au up to 1.13 g/t; Te up to 32.1 g/t.
• Geological Context: Komatiitic flows with MgO up to 40 %; high Ni/Cu ratios (>10) and Pd/Pt ratios (>3); analogized to Archean Kambalda‑type deposits (historical production ~51 Mt @ 3.1 % Ni).
• Pre‑drilling Work (May–present):
• Detailed mapping of komatiite sequences over the East claim block.
• Reprocessed VTEM Plus and magnetic data; high‑resolution heliborne magnetic & VLF EM survey (455 km lines, 25 m spacing).
• Salient Geological Findings:
• ≥7 distinct komatiitic flow sequences mapped over a 3 km NNW strike, minimum 300 m thick ultramafic package.
• Strong VTEM/VLF anomalies correlate with komatiite‑sulphide contacts along a 1.6 km “Perseus North” trend.
• Presence of stacked massive sulphide horizons and brecciated mineralized facies within the flow sequence, indicating multiple potential ore zones.
• Property Overview: Kukamas comprises 665 claims (41 km strike length) covering 337.8 km²; infrastructure includes high‑voltage power lines, proximity to Trans‑Taiga Road, La Grande‑3 airstrip, and hydroelectric station. Nearest town: Radisson (~80 km).
• Drilling Contractor & QA/QC: Orbit Garant Drilling Inc.; NQ core; gyroscopic down‑hole surveys. Half‑core samples sent to ALS Laboratories for 48‑element ICP‑MS analysis plus fire assay for Au, Pt, Pd. Overlimit Ni re‑analyzed. Standard QA/QC with blanks, duplicates, and certified reference materials.
• Project Management: Rock Lefrancois (Vice‑President of Exploration) overseeing drilling; Dr. Jean‑Marc Lulin (President & CEO) qualified person per NI 43‑101.

Notable Quotes

(No direct quotes were provided in the release.)