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AZM.V ·

Azimut to Present at the Quebec Mines + Énergie Conference on the Rex and James Bay Nickel Projects

Marketing Announcement

Azimut to Present at the Quebec Mines +

Énergie Conference on the Rex and James

Bay Nickel Projects

TSXV: AZM

OTCQX: AZMTF

LONGUEUIL, QC

,

Nov. 23, 2022

/CNW Telbec/ -

Azimut Exploration Inc.

("Azimut" or the

"Company") (TSXV: AZM) (OTCQX: AZMTF) announces that the Company will be participating in

the Quebec Mines + Énergie Conference (

https://mern.gouv.qc.ca/en/quebec-mines/

) with technical

presentations on its

Rex

and

Rex South

projects, as well as its

James Bay Nickel

project.

The

Rex

(2,041 claims, 872 km

2

) and

Rex South

(2,185 claims, 95 km

2

) projects, located in

Nunavik in

Northern Quebec

, are two major polymetallic properties, which are 100% owned by the

Company. They have been explored by Azimut since 2010 and, since 2019, under a Strategic

Alliance with SOQUEM. The abstract of the conference is accessible with the following link:

Abstract Rex

. The full presentation can also be downloaded using the following link:

Presentation Rex

. An update on the drilling results carried out on these two projects, and the work

envisioned for 2023, will be disclosed shortly in greater detail.

The

James Bay Nickel

project (2,636 claims, 1,376 km

2

), first disclosed in

November 2021

, is a

major and recent initiative by Azimut, for the search for nickel and associated metals (copper,

cobalt, platinum group elements) in a very favorable global environment for these commodities. This

project, which is 100% owned by the Company, was generated through a systematic analysis of

geoscience data across the

James Bay

region. Nearly 200 distinct targets, divided into 95 claim

blocks, were acquired by map designation. A significant exploration phase on these targets is being

prepared for 2023. The abstract of the conference, as well as the full presentation, are accessible

with the following links:

Abstract JBN

,

Presentation JBN

.

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.

www.azimut-exploration.com

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/November2022/23/c3517.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]

CO: Azimut Exploration Inc.

CNW 06:30e 23-NOV-22