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Azimut and Rio Tinto Enter Revised Option Agreement for Wabamisk East Property Lithium Exploration.

Oct 09, 2025•8 months ago

Contract Type

agreement

LongueuilMiningPrecious MetalsMineralmining & metals

Description

Azimut Exploration Inc. has confirmed positive results from its summer field program on the Wabamisk East Property in Quebec. This project is part of a revised option agreement with Rio Tinto Exploration Canada Inc., allowing Rio Tinto to earn up to a 70% interest by investing $85 million.

Company Information

Company

Azimut Exploration

Location

Longueuil, Quebec, Canada

About

Azimut Exploration Inc. is a leading mineral exploration company with the largest mineral exploration portfolio in Quebec, Canada. The company is known for its expertise in target generation and partnership development, with a focus on the Elmer Gold Project and strategic land positions for copper-gold, nickel, and lithium.

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