Ophir Gold Corp. (OPHR.V)

Azimut Signs Option Agreement for its Pilipas Property James Bay Region, Quebec

LONGUEUIL, Quebec, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the signing of an Option to Joint Venture Agreement (the “Agreement”) with Ophir Gold Corp. (“Ophir”) (TSXV:OPHR, OTCQB:OPHRF) for its wholly-owned Pilipas Property (the “Property”), located in Eeyou Istchee James Bay region of Quebec (Figure 1). Under the Agreement, Ophir can earn up to a 70% interest in the Property from Azimut over three (3