Azimut Exploration Inc.

12:31 PM EST - Azimut Exploration Inc. : Announced that its partner Goldcorp Inc. is starting a heliborne geophysical survey on the Wabamisk Property located in the James Bay region, Quebec. The SkyTEM electromagnetic survey with a line spacing of 100 metres, and a total coverage of 3,322 line kilometres, will be performed by Geo Data Solutions Inc. based in Laval, Quebec. The objective is to enhance target definition on the project by delineating high-quality conductors. The $325,000 budgeted for this phase of work is funded by Goldcorp. Azimut Exploration Inc. shares (V.AZM) are trading down $0.02 at $0.28.