Azimut Exploration Inc. reported the discovery of spodumene bearing pegmatite outcrops on the Pilipas Property in the Eeyou Istchee James Bay region of Quebec, Canada. HIGHLIGHTS: A spodumene bearing pegmatite occurrence was discovered on the Property at the Highway showing. This spodumene pegmatite is open in multiple directions with an approximate strike length of over 150 m and width of up to 30 m. The outcrop is situated in close proximity to infrastructure and approximately 200 m east of the Billy Diamond Highway.

Spodumene mineralization was also identified in a separate trend 500 m south of the HW1 showing, with seven (7) additional discontinuous pegmatite outcrops recognised over a strike length of approximately 450 m. Drilling is planned later in the 2024 field season. Exploration Activities on the Pilipas Property: A comprehensive prospecting program was completed over the entire Property with more than 460 grab samples collected. A large number of pegmatite outcrops were confirmed in the field and sampled.

Assay results are pending and will be used to vector towards favorable zones for lithium mineralization. At the HW1 showing, spodumene crystals up to 50 cm in size were observed. This zone is outcropping over an approximately 150 m strike length and up to 30 m in width.

It remains open to north and west. In addition, spodumene mineralization was also identified approximately 500 m to the south of the HW1 showing, in seven (7) discontinuous pegmatite outcrops ranging from 1 to 5 m wide and over a strike length of approximately 450 m. Work will continue on the prospective trend defined between the HW1 outcrop and the Ninaaskuwumin pegmatite outcrop (Quebec Precious Metals) situated approximately 3.7 km to the southeast.