Azimut Verifies Significant High-Quality Lithium Surface Find at Wabamisk East Property in Quebec's James Bay Area
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 09 2025
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Source: Newsfilter
Positive Exploration Results: Azimut Exploration Inc. announced successful findings from its summer field program on the Wabamisk East Property in Quebec, revealing a large-scale system of spodumene pegmatites with significant lithium grades, including samples exceeding 6.93% Li2O.
Revised Agreement with Rio Tinto: The project is part of a revised option agreement with Rio Tinto, allowing them to earn up to a 70% interest by investing $85 million, with Azimut acting as the operator during the initial phase and planning an aggressive drilling program for early 2026.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
