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Azimut Exploration Inc.

12:13 PM EST - Azimut Exploration Inc. : Announced that a diamond drilling program is in progress on the Company's wholly-owned Elmer Property in the James Bay region of Quebec. This initial 1,000-metre campaign (six holes) is designed to test the geometric continuity of the high-grade Patwon Prospect. The first four holes completed to date display mineralization, including native gold grains in each hole. Analytical results are expected early next year. Ground geophysics (Induced Polarization) and an additional drilling phase are planned for early 2020 in a high-priority target area measuring 2.1 km by 0.7 km that includes Patwon. Azimut Exploration Inc. shares V.AZM are trading down $0.005 at $0.41.