Azimut's partner Goldcorp commences airborne geophysical survey over Wabamisk Property, James Bay region, Quebec Symbol: AZM.TSX Venture

Azimut's partner Goldcorp commences airborne geophysical

survey over Wabamisk Property, James Bay region, Quebec

Symbol: AZM.TSX Venture

LONGUEUIL, QC

,

Nov. 30, 2017

/CNW Telbec/ -

Azimut Exploration Inc.

(

"Azimut"

or the

"Company"

) (

TSXV: AZM

) is pleased to

announce that its partner

Goldcorp Inc. (TSX: G, NYSE: GG)

is starting a heliborne geophysical survey on the

Wabamisk Property

located in

the

James Bay

region,

Quebec

.

The SkyTEM electromagnetic survey with a line spacing of 100 metres, and a total coverage of 3,322 line kilometres, will be performed by Geo

Data Solutions Inc. based in

Laval, Quebec

. The objective is to enhance target definition on the project by delineating high-quality conductors. The

$325,000

budgeted for this phase of work is funded by Goldcorp.

The Wabamisk Property hosts numerous gold prospects in a geological setting comparable to Goldcorp's major Eleonore gold deposit about 70

km to the north. Wabamisk is 40.5 km long and comprises 487 claims covering a surface area of 258 km

2

. It is held 51% by Goldcorp and 49%

by Azimut. Goldcorp has the option to earn an additional 19% interest on the Property by completing a feasibility study.

This press release was prepared by geologist

Jean-Marc Lulin

acting as Azimut's Qualified Person under National Instrument 43-101.

Azimut

Exploration

is a mineral exploration company whose core business is centred on target generation and concurrent partnership

development. Targeting is performed using a pioneering proprietary approach to Big Data analytics, enhanced by extensive exploration know-how.

Azimut holds a strategic position for gold and base metals in

Quebec

, including one of the largest exploration portfolios in the

James Bay

region

(21 properties covering 4,135 claims or 2,116 km

2

).

The Company maintains rigorous financial discipline. It has 45.4 million shares outstanding. Azimut's 2017 exploration budget is

$6

.3 million, 77%

of which is funded by partners.

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/November2017/30/c7006.html

%SEDAR: 00003284E

For further information:

Jean-Marc Lulin, President and Chief Executive Officer, Tel.: (450) 646-3015, Fax: (450) 646-3045, info@azimut-

exploration.com; www.azimut-exploration.com

CO: Azimut Exploration Inc.

CNW 07:30e 30-NOV-17