Azimut Appoints Rock Lefrançois as Vice President Exploration
Azimut Appoints Rock Lefrançois as Vice
President Exploration
TSXV: AZM
OTCQX: AZMTF
LONGUEUIL, QC
,
April 13, 2023
/CNW/ -
Azimut Exploration Inc.
(
"Azimut"
or the
"Company"
)
(TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that Mr. Rock Lefrançois, P.Geo., has
been promoted Vice President Exploration of the Company. Mr. Lefrançois was previously acting as
Manager – Special Projects for Azimut.
Mr. Lefrançois holds 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
.
A total of 100,000 stock options from Azimut have been granted to Mr. Lefrançois with his promotion
as Vice President Exploration. These options will vest in tranches over a three (3) year period with
an exercise price of
$1.44
per share, and are exercisable for a ten (10) year period. This grant is
subject to regulatory approval.
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
. Its
wholly-owned flagship
Elmer Gold Project
is actively advanced to the initial resource stage in the
James Bay
region. Azimut also controls a strategic land position for copper-gold, nickel and lithium.
At least 10 work programs are planned for 2023, including an aggressive lithium-focused field
assessment phase as early as possible after the winter season.
Azimut uses a pioneering approach to big data analytics (the proprietary
AZtechMine™
expert
system), enhanced by extensive exploration know-how. The Company's competitive edge is based
on systematic regional-scale data analysis and concurrently active projects. Azimut is led by a team
with a wide range of national and international expertise in the mining industry, including technical,
financial and legal experience from exploration to production. The Company maintains rigorous
financial discipline and a strong balance sheet, with 79.7 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/April2023/13/c2573.html
%SEDAR: 00003284E
For further information:
Jean-Marc Lulin, President and CEO, Tel.: (450) 646-3015; Jonathan
Rosset, Vice President Corporate Development, Tel: (604) 202-7531, [email protected],
www.azimut-exploration.com
CO: Azimut Exploration Inc.
CNW 06:30e 13-APR-23