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Azimut Exploration Announces Significant Assay Results from Rex Property in Nunavik

Azimut Exploration Inc. has reported on significant assay results obtained during the 2010 field exploration programs conducted on the Rex Property and Rex South Property located in Nunavik, northern Quebec.

On both properties, which cover a 160-km emerging mineralized district, the discovery of several kilometre-long polymetallic mineralized zones (most notably for gold, silver, copper and/or tungsten) has been announced with the press releases of October 13, October 20 and November 8, 2010. Drilling will start in 2011 with the objective of assessing large-scale surface and high-quality exploration targets.

In-house data processing combined with extensive field experience has led Azimut to acquire gold and/or copper targets in Nunavik, which represents 507,000 km2 of land in northern Quebec and a new exploration frontier.

Check analyses on pulps and rejects were assayed by fire assay and gravity methods by Laboratoire Expert in Rouyn-Noranda, Quebec. This press release was prepared by Jean-Marc Lulin, P.Geo., acting as Azimut's Qualified Person under NI 43-101.

Source: Azimut Exploration Inc.

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