Azimut and Soquem drill 2.48% lithium oxide in first hole at Galinée in Eeyou Istchee James Bay

Azimut Exploration (TSXV: AZM; OTCQX: AZMTF) (50%) and its partner Soquem (50%) have drilled 2.48% lithium oxide (Li₂O) over 72.7 metres (beginning at 139.5 metres) in the first hole at their Galinée property in Eeyou Istchee James Bay region of Quebec. Within that interval, they also recorded 3.38% Li₂O over 18.0 metres (beginning at 174 metres) and 3.27% Li₂O over 12.7 metres (beginning at 19.5 metres). The property is about 50 km northwest of the former Renard diamond mine.

The first drill program tested the down-dip extension of the deposit defined on the adjacent Adina property, where Australia’s Winsome Resources has made an initial resource estimate (uncategorized) of 59 million tonnes at 1.12% Li₂O.

The Galinée target is a shear-hosted zone of spodumene. The visual examination of the drill core indicated a roughly east-west trending lithium zone with a strike length of 700 metres. The zone is largely open to the east and south. Initial data suggests a shallow dip to the south. Seventeen holes were drilled over a length of 4,915 metres in 2023.

Azimut says the Galinée project is a top priority this year. When results from the first drilling campaign are received, a second phase of drilling will be planned to define the mineralized zone. A property-wide prospecting effort will also take place this summer.

Only a very small part of the Galinée property has been explored for lithium to date, according to Azimut. The currently drilled area, in the northernmost part of the property, is part of a much more extensive prospective zone continuing for 12 km further east and over 21 km along the northwest side of the project. In the southern half of the property, several sectors with 22 km of cumulative strike also display a favourable geological context coupled with attractive lake sediment anomalies.

More information about Galinée is posted on www.Azimut-Exploration.com.