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Azimut Exploration Inc.

09:54 AM EST - Azimut Exploration Inc. : Has refined the highly prospective target area on the Eleonore South Property by re-analyzing public data. The roughly-14-square-kilometre target area is principally defined by a strong gold-arsenic anomaly and a 10.3-km-long tonalite-metasediment contact. The target area, which remains largely untested by drilling, appears to be part of a large gold system with considerable exploration potential. Azimut Exploration Inc. shares V.AZM are trading unchanged at $0.25.