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Azimut Exploration Inc.

10:04 AM EST - Azimut Exploration Inc. : Reported on the strong potential of its gold-polymetallic Pikwa Property adjacent to the Mythril Property where Midland Exploration Inc. has discovered a significant mineralized zone. The major target zone on the Pikwa Property is characterized by a regional arsenic-bismuth-copper anomaly in lake-bottom sediments and a 20-kilometre-long magnetic high where Azimut identified gold, copper, cobalt and molybdenum mineralization. The results announced by Midland Exploration appear to be directly on strike with the Pikwa target zone. Azimut Exploration Inc. shares V.AZM are trading unchanged at $0.25.