Two separate option agreements set the stage for
To earn a 50% interest in the Joutel property from
Situated near its namesake town, the Joutel property covers a 15-km stretch of the Harricana fault, a regional structure hosting several past-producing mines (Eagle and Telbel). It has been drilled in the past, with the best intersections hitting 8.1 grams gold per tonne over 2.8 metres, 6.9 grams over 2.4 metres, and 7.2 grams over 1.6 metres.
Azimut can earn a 55% interest in the Malarctic property from
The Malartic property covers 720 ha and is situated 8 km northeast of its namesake town. It straddles two fault zones and is near numerous past and present producers, including Kiena, Siscoe, Norlartic and Marban. Previous drilling returned mostly high-grade values over narrow widths, including: 94.6 grams over 0.35 metre, 30.5 grams over 0.34 metre, 19.5 grams over 1 metre, and 10.8 grams over 1.5 metre.
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