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Azimut Appoints Rock Lefrançois as Manager - Special Projects

Management Changes

Azimut Appoints Rock Lefrançois as Manager -

Special Projects

LONGUEUIL, QC

,

Dec. 15, 2022

/CNW Telbec/ -

Azimut Exploration Inc.

(

"Azimut"

or the

"Company"

) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the appointment of Mr. Rock

Lefrançois, P.Geo., as Manager – Special Projects. Mr. Lefrançois' specific mandates will be to

manage work programs on several key projects and support the growth of the Company.

Mr. Lefrançois brings to Azimut 35 years of international experience in the search, evaluation and

development of gold and base metal deposits throughout the Americas. During his 15 years of

engagement with mid-tier mining companies he was responsible for the implementation of project

generative and acquisition programs and the management of exploration and extensive resource and

reserve definition drilling programs and collaborated on economic assessments. For the last 20

years, Mr. Lefrançois has been involved in the management and development of publicly traded

junior exploration and mine development companies.

In the position of President & COO of NioGold Mining Corp., he was a key contributor to the

consolidation of the largest land position in the Malartic Gold Camp in Abitibi, the definition of 2 Moz

of gold resources and the negotiation of strategic partnerships with gold producers. NioGold was

taken over by the Osisko Group in 2016.

In the position of COO of Columbus Gold Corp. (now Orea Mining Corp.), Mr. Lefrançois was

responsible for the management of a joint venture between

Columbus

and gold producer

Nord Gold

plc for the completion of the Bankable Feasibility Study and Environmental and Social Impact Study

on the Montagne d'Or open pit gold mine project (4.8 Moz resources, 2.8 Moz reserves), located in

French Guiana

,

South America

, leading to a mine construction decision by the joint venture and the

start of the permitting process. More recently, as President & COO, and subsequently, President &

CEO of

Columbus

, Rock implemented a corporate growth strategy involving the search, evaluation,

and acquisition of gold projects in

South America

with a priority on the Guianas.

Mr. Lefrançois holds a bachelor's degree, specialization Geology, from

Concordia University in

Montreal

.

About Azimut

Azimut is a leading mineral exploration company with a solid reputation for target generation and

partnership development. The Company holds the largest mineral exploration portfolio in

Quebec

.

Azimut is actively advancing its wholly-owned flagship

Elmer Gold Project

to the initial resource

stage in the

James Bay

region. Azimut has also acquired a major nickel position in the region with its

James Bay Nickel Project

.

Azimut uses a pioneering approach to big data analytics (the proprietary

AZtechMine

TM

expert

system), enhanced by extensive exploration know-how. Azimut's competitive edge is based on

systematic regional-scale data analysis and concurrently active projects. Azimut maintains rigorous

financial discipline and a strong balance sheet, with 79.3 million shares issued and outstanding.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

SOURCE

Azimut Exploration Inc.

View original content:

http://www.newswire.ca/en/releases/archive/December2022/15/c2356.html

%SEDAR: 00003284E

For further information:

Jean-Marc Lulin, President and CEO, Tel.: (450) 646-3015 - Fax: (450)

646-3045; Jonathan Rosset, Vice President Corporate Development, Tel: (604) 202-7531,

[email protected], www.azimut-exploration.com

CO: Azimut Exploration Inc.

CNW 06:30e 15-DEC-22