Azimuth Resources (AZH)

Shares / Stock Code

AZH

Stock Exchange / Sharemarket

Australian Securities Exchange

Azimuth Resources (AZH) is an ASX listed junior explorer focused on its portfolio of gold and uranium exploration projects in Guyana, South America, which comprise 7,330km2 of granted licences (East and West Omai Projects) prospective for gold and 4,000km2 (Amakura Project) prospective for uranium mineralization in the northwest of Guyana. Investors can trade Azimuth Resources shares on the Australian Stock Exchange (ASX).

Azimuth also owns a portfolio of iron ore and energy projects in Australia, including the Balladonia Uranium project in Western Australia. Azimuth has a highly skilled and competent Board focused on delivering shareholder value and the Company continues to assess acquisition opportunities to complement its existing portfolio.

Azimuth Resources is developing gold and uranium exploration projects in Guyana, South America, (East and West Omai Projects prospective for gold and the Amakura Project prospective for uranium mineralization). In addition, the company also has several projects within Australia (prospective for iron ore and uranium).

Azimuth Resources - Balladonia Uranium Project

The Balladonia Uranium project is located in the Eucla Basin within distance of both the bulk transport rail link between Kalgoorlie and Esperance (45km east) and the deep water port of Esperance (150km north).

Azimuth Resources - Pandanus West Project

The Pandanus West Project is a JV with Southern Uranium Limited (ASX:SNU) who are the manager of the project. Pandanus West is located within the Georgetown–Townsville Uranium field, Queensland. Previous exploration in the region discovered the Ben Lomond and Maureen deposits, with measured and indicated mineral resources estimated at 6,792 tonnes U3O8 with an average grade of 0.228% U3O8. A field survey was completed which focused on drill hole siting at Pandanus West and this program identified further areas of interest for follow up ground radiometric and soil sampling programs.

Mt James Project

The Mt James project is a JV with Alara Uranium Limited (ASX:AUQ) who are the manager of the project. Mt James consists of two full size exploration licences, E09/1195 at the Gascoyne River prospect and E09/1196, covering 392km2 located approximately 260km east of Carnarvon, Western Australia.

The two tenements are granted and cover an extensive area of known uranium mineralised calcrete. The uranium mineralisation is carnotite within valley and terrace calcrete deposits. An additional field survey was undertaken where samples were taken throughout the project area, that were subsequently assayed by ALS Chemex identifying areas of interest for a planned drill program.

Azimuth Resources (AZH) Products and Services

  • Gold and Uranium exploration

Azimuth Resources (AZH) Locations and Subsidiaries

Azimuth Resources Head Office
Suite 2, 12 Parliament Place,
WEST PERTH, WA, AUSTRALIA, 6005
Phone: 08 9482 0540
Fax: 08 9482 0505

Azimuth Resources (AZH) Share Price

Submitted by ASX Listed Company on 25 August, 2010 - 07:04