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Azimut >> News >> 2007
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  • Press releases 2010
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  • 2007 Press Releases

    December 18, 2007
    Azimut delivers a Notice of Default to NWT Uranium Corp. in respect of the North Rae and Daniel Lake properties, Ungava Bay region, Quebec
    Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") has delivered a Notice of Default to NWT Uranium Corporation ("NWT") regarding a number of NWT's specific obligations that have not been complied with pursuant to the terms of the North Rae and Daniel Lake property option agreements (collectively, the "Agreements").
    December 13, 2007
    Azimut and Channel identify uranium targets on the West Bienville Property, Central Quebec region
    Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") and its partner Channel Resources Ltd. ("Channel") have received positive results from their 2007 helicopter-borne survey on the West Bienville project in Central Quebec.
    December 07, 2007
    Azimut and Everton plan a winter drill program at Opinaca
    Longueuil, QC. Azimut Exploration Inc. ("Azimut") and Everton Resources Inc. ("Everton") announce their plan for a winter 2008 drill program based on the results of exploration work conducted earlier this year on the Opinaca A and B properties in the James Bay region of Quebec.
    December 04, 2007
    Azimut summarizes 2007 progress and growth prospective
    Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut" or "the Company") is pleased to highlight its significant business development and exploration successes of the past 12 months. With a portfolio of 49 uranium, gold and nickel properties, Azimut is well positioned to capitalize on the minimum $65 million in expenditures (and $7 million in payments to Azimut) required from its 12 partners to earn, in most cases, a 50% interest in the Company's mineral properties.
    November 21, 2007
    Azimut and Kativik Resources sign a Letter of Intent for the Kativik Uranium Property, Northern Quebec
    Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") announces the signing of a letter of intent with Kativik Resources Inc. ("Kativik") regarding the Kativik property, a uranium exploration project that comprises seven groups of claims over a surface area of 925 km2 and located in the Central Quebec region.
    November 19, 2007
    Azimut: major prospecting results with grades up to 3.30% U3O8 obtained on the North Rae property, Ungava Bay region
    Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") reports excellent additional results obtained on the North Rae property located in the Ungava Bay region, Nunavik, Quebec. This property is under option by NWT Uranium Corp. ("NWT"). Assay results from 334 rock grab samples further demonstrate the uranium potential of the North Rae property, more specifically of seven distinct mineralized zones with significant lateral extents.
    October 31, 2007
    Azimut and Majescor further demonstrate regional-scale uranium potential in Nunavik, Quebec: up to 0.57% U3O8 along a 30-km trend at South Rae
    Longueuil, Quebec. - Azimut Exploration Inc. ("Azimut") and Majescor Resources Inc. ("Majescor") announce the results of their summer exploration program at the South Rae property in Nunavik, northern Quebec.
    October 30, 2007
    Azimut and Central Uranium identify uranium targets on the South Bienville Property, northern Quebec
    Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") and its partner Central Uranium Corporation ("Central Uranium"), have received positive results for their 2007 exploration program on the South Bienville uranium property in northern Quebec.
    October 29, 2007
    Azimut's partner Kennecott reports encouraging results for the Grenium Project, North Shore region, Quebec
    Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") announces that its partner Kennecott Exploration Company ("Kennecott"), a subsidiary of the Rio Tinto Group, has obtained encouraging results for its summer exploration program on the Grenium project in the North Shore region, Quebec.
    October 24, 2007
    Azimut and Arianne confirm a uranium target with up to 0.43% U3O8 on the North Havre Property, North Shore region, Quebec
    Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") and Arianne Resources Inc. ("Arianne") announce encouraging rock sampling results from the North Havre property located north of the town of Havre-Saint-Pierre in the North Shore region, Quebec.
    October 17, 2007
    Azimut acquires six new gold properties in the James Bay Region
    Azimut Exploration Inc. ("Azimut") announces the recent map staking by the company of six gold exploration properties in the James Bay region in northern Quebec.
    October 11, 2007
    Azimut and Majescor outline 17 uranium target areas at West Minto, Nunavik, Quebec
    Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") and Majescor Resources Inc. ("Majescor") announce the results of a helicopter-borne survey performed at the West Minto uranium property in Nunavik, northern Quebec. Seventy-one (71) priority uranium targets have been defined from helicopter-borne geophysics, forming 17 kilometric-scale distinct target areas.
    October 11, 2007
    Azimut approves the Shareholder Rights Plan
    Longueuil, Québec - Azimut Exploration Inc. (the "Corporation") announces that the shareholders of the Corporation approved yesterday at the special meeting called to that effect the Shareholder Rights Plan (the "Rights Plan") adopted by the Board of Directors on May 31st, 2007 (see June 1st, 2007 press release).
    October 09, 2007
    Azimut's partial field exploration results yield grades up to 0.64% U3O8 on the North Rae property, Ungava Bay region
    Azimut Exploration Inc. ("Azimut") provides an update on the field exploration program performed this summer on its 100% owned North Rae property east of Ungava Bay in northern Quebec.
    October 05, 2007
    Azimut's special meeting reminder
    Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") would like to remind its shareholders that a Special Meeting of Shareholders will be held on October 10, 2007 at 10 a.m. at the Fairmount Queen Elizabeth Hotel in Montreal.
    September 27, 2007
    Azimut and Arianne identify a uranium target at Havre Nord, North Shore region, Quebec
    Longueuil, Quebec - Exploration Azimut Inc. ("Azimut") and Arianne Resources Inc. ("Arianne") announce encouraging preliminary field results for the Havre Nord property located north of the town of Havre St. Pierre in the North Shore region.
    September 20, 2007
    Virginia, Canadian Royalties and Azimut contribute $250,000 for the rehabilitation of abandoned mining sites in Northern Quebec
    Québec, QC. Virginia Mines Inc. ("Virginia"), Canadian Royalties Inc. ("Canadian Royalties") and Azimut Exploration Inc. ("Azimut") are pleased to announce their participation in the Fonds Explor-Action Nunavik (FRAN), which was created to rehabilitate mineral exploration sites in Northern Quebec that have been abandoned for several decades.
    September 18, 2007
    Azimut and NWT Uranium have started drilling at North Rae, Ungava Bay region, Quebec
    Longueuil, QC - Azimut Exploration Inc. ("Azimut") and NWT Uranium Corp. ("NWT Uranium") announce that drilling is underway at the North Rae uranium property in the Ungava Bay region of northern Quebec, Canada. The drill program started in late August and focuses on high priority areas, which consist of outcropping radioactive targets.
    September 13, 2007
    Azimut and Everton expand strike length of the Charles Target on Opinaca "A" and report samples grading up to 35.9 g/t Au
    Longueuil, QC. Azimut Exploration Inc. ("Azimut") and Everton Resources Inc. ("Everton") report new high-grade gold values at the Charles Target. Possible lateral extensions of this zone are now recognized over 1.0 km of strike length. The Charles Target is a northeast-southwest trending mineralized zone located in the central part of the Opinaca A property, James Bay region, Quebec.
    September 05, 2007
    Azimut and Majescor identify regional-scale uranium potential on the South Rae Property, Ungava Bay Region, Quebec
    Longueuil, QC. Azimut Exploration Inc. ("Azimut") and Majescor Resources Inc. ("Majescor") announce that reconnaissance exploration on the South Rae property in Nunavik, northern Quebec, has uncovered significant indications for extensive uranium mineralization.
    September 04, 2007
    Azimut and Channel sign a Letter of Intent for the West Bienville Uranium Property, Northern Quebec
    Longueuil, QC. Azimut Exploration Inc. ("Azimut") and Channel Resources Ltd. ("Channel") announce the signing of a Letter of Intent regarding the West Bienville uranium exploration property. Channel can acquire from Azimut a 50% interest in the property by investing a total of $1.7 million in exploration work over a 5-year period, together with an additional 15% interest upon delivery of a bankable feasibility study.
    August 09, 2007
    Azimut and Everton discover new mineralized zone at Opinaca, James Bay region, Quebec
    Azimut Exploration Inc. ("Azimut") and Everton Resources Inc. ("Everton") announce the discovery of a new mineralized zone grading up to 24.6 g/t Au on Opinaca A property and the identification of additional targets along the Claude-Manuel corridor on Opinaca B property, in the Opinaca region of James Bay near Goldcorp's Eleonore gold deposit (initial indicated gold resource of 2.8 million ounces).
    August 08, 2007
    Azimut and Northwestern identify three new extensive uranium targets at North Rae, Ungava Bay region, Quebec
    Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") and NWT Uranium Corp. ("Northwestern") report on a comprehensive program underway at the North Rae Property located in the Ungava Bay region of northern Quebec. During a preliminary ranking field program performed early July by a joint Azimut-Northwestern task team, three large radioactive outcropping targets have been discovered corresponding to strong helicopter-borne uranium anomalies.
    July 26, 2007
    Azimut and Central Uranium sign a Letter of Intent for the Kangiq Uranium Property, Northern Quebec
    Longueuil, Quebec. Azimut Exploration Inc. ("Azimut") announces the signing of a letter of intent with Central Uranium Corporation ("Central") regarding the Kangiq property, a uranium exploration property located in the Ungava Bay region.
    July 19, 2007
    Azimut's update on uranium exploration properties
    Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") presents an update on the uranium exploration programs in progress on 14 of its uranium properties located in Quebec.
    July 11, 2007
    Azimut and Channel form Strategic Alliance for Ecuador
    Longueuil, Quebec - Azimut Exploration Inc. ("Azimut") and Channel Resources Ltd. ("Channel") have signed an Agreement forming a Strategic Alliance for mineral exploration in Ecuador, South America.
    June 22, 2007
    Azimut and Arianne sign a Letter of Intent for the North Havre uranium property, North Shore region, Quebec
    Azimut Exploration Inc. ("Azimut") and D'Arianne Resources Inc. ("Arianne") announce the signing of a Letter of Intent regarding the North Havre uranium property. Arianne can acquire from Azimut a 50% interest in the property over a 3-year period, together with an additional 15% interest upon delivery of a bankable feasibility study.
    June 21, 2007
    Azimut announces a Strategic Alliance with Kennecott for nickel
    Azimut Exploration Inc. ("Azimut") announces that it has formed a new Strategic Alliance with Kennecott Exploration Company ("Kennecott") for the exploration of nickel deposits in Quebec.
    June 14, 2007
    Azimut's update on 7 gold exploration properties in Quebec
    Azimut Exploration Inc. ("Azimut") provides an update for its seven gold exploration properties in Quebec's James Bay region and outlines the Company's key activities for its ongoing 2007 field programs.
    June 01, 2007
    Azimut adopts a shareholder rights plan
    The board of directors of Azimut Exploration Inc. (the "Corporation") has approved yesterday the adoption of a shareholder rights plan (the "Rights Plan"). The Rights Plan is designed to encourage the fair treatment of shareholders in connection with any takeover offer for the Corporation.
    May 29, 2007
    Azimut's update on 13 uranium exploration properties in Quebec
    Azimut Exploration Inc. ("Azimut") presents an overview of the company's strategic land positions for uranium exploration in the Province of Quebec and outlines the key activities for its upcoming field programs.
    May 08, 2007
    Azimut and Everton release drilling results and provide an overview of the summer work program for Opinaca, James Bay region, Quebec
    Azimut Exploration Inc. ("Azimut") and Everton Resources Inc. ("Everton") provide an update for the winter drilling program recently completed on the Opinaca B property, as well as an overview of the upcoming summer 2007 exploration program.
    May 01, 2007
    Azimut and Central Uranium sign 2 Letters of Intent for the Central Minto and South Bienville Properties, Northern Quebec
    Azimut Exploration Inc. ("Azimut") and Central Uranium Corporation ("Central") announce the signing of two letters of intent regarding two major uranium exploration projects: the Central Minto and South Bienville properties. Central can acquire from Azimut a 50% interest in the two projects by investing a total of $8.5 million in exploration work over a 5-year period, together with an additional 15% interest upon delivery of a bankable feasibility study.
    April 04, 2007
    Azimut and Silver Spruce sign a Letter of Intent for the Hudson Bay uranium property, Northern Quebec
    Azimut Exploration Inc. ("Azimut") and Silver Spruce Resources Inc. ("Silver Spruce") announce the signing of a binding Letter of Intent regarding the Hudson Bay uranium property. Silver Spruce can acquire from Azimut a 50% interest in the project over a 5-year period together with an additional 15% interest upon delivery of a bankable feasibility study.
    April 02, 2007
    Azimut and Rukwa Uranium sign 2 Letters of Intent for the North Minto and South Minto properties, Northern Quebec
    Azimut Exploration Inc. ("Azimut") and Rukwa Uranium Ltd. ("Rukwa") announce the signing of two letters of intent regarding two major uranium exploration projects, the North Minto and South Minto properties.
    March 27, 2007
    Azimut and Majescor sign a Letter of Intent for the West Minto uranium property, Northern Quebec
    Azimut Exploration Inc. ("Azimut") and Majescor Resources Inc. ("Majescor") announce the signing of a Letter of Intent for the West Minto uranium property. Majescor can acquire from Azimut a 50% interest over a 5-year period and may acquire an additional 15% interest upon delivery of a bankable feasibility study.
    March 12, 2007
    Azimut appoints a Vice President Exploration
    Azimut Exploration Inc. ("Azimut") is pleased to announce that Mr. Sylvain Guérard, a talented exploration geologist, has been appointed Vice President Exploration.
    March 06, 2007
    Azimut Exploration appoints Dennis Wood as Chairman of the Board and Pierre Toth as Director
    Azimut Exploration Inc. ("Azimut") is pleased to announce the appointment of Mr. Dennis Wood as Chairman of the Board and Mr. Pierre Toth as a Director. Mr. Toth replaces Mr. Jacques Bonneau, who leaves the Board but will remain as the management's advisor.
    January 31, 2007
    Azimut and Majescor sign a Letter of Intent for the South Rae Uranium Property, Ungava Bay Region, Quebec
    Azimut Exploration Inc. ("Azimut") and Majescor Resources Inc. ("Majescor") announce the signing of a Letter of Intent regarding the South Rae uranium property. Majescor can acquire from Azimut a 50% interest over a 5-year period and may acquire an additional 15% interest upon delivery of a bankable feasibility study.
    January 29, 2007
    Azimut and Northwestern sign an Option Agreement for the Daniel Lake Uranium Property, Ungava Bay Region, Quebec
    Azimut Exploration Inc. ("Azimut") and Northwestern Mineral Ventures Inc. ("Northwestern") announce the signing of a definitive option agreement regarding the Daniel Lake uranium property. Northwestern can acquire from Azimut a 50% interest over a 5-year period and may acquire an additional 15% interest upon delivery of a bankable feasibility study.
    January 17, 2007
    Azimut's partner Everton begins winter 2007 exploration program at Opinaca, James Bay region, Quebec
    Azimut Exploration Inc. ("Azimut") announces that its partner Everton Resources Inc. ("Everton") is about to start the winter 2007 exploration program for two Opinaca properties (A Block and B Block).
    January 16, 2007
    Azimut's partner Eastmain makes progress at Eleonore South
    Azimut Exploration Inc. ("Azimut") announces that its partner Eastmain Resources Inc. ("Eastmain") has obtained encouraging exploration results on the Eleonore South property in the James Bay region, Quebec.

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