Mr. Jean-Marc Lulin reports

AZIMUT REPORTS ON HECLA QUEBEC'S PROGRESS ON THE OPINACA B GOLD PROPERTY, JAMES BAY REGION

Hecla Quebec Inc., a wholly owned subsidiary of Hecla Mining Company, has renewed its option to earn up to 60-per-cent interest on Azimut Exploration Inc.'s Opinaca B property in the immediate vicinity of Goldcorp's Eleonore gold mine in the James Bay region.

On the Opinaca B property, Hecla has the option to earn up to a 60-per-cent interest from Azimut and Everton Resources Inc., each company currently owning a 50-per-cent interest. A $60,000 option payment from Hecla was recently received by Azimut.

During the spring and summer of 2015, Hecla conducted a $394,000 exploration program comprising:

• A 40.5-kilometre ground magnetic survey and a 21.8 km induced polarization survey;
• A prospecting program, including the sampling of 473 grab (rock) or float samples and 96 soil samples;
• A trenching program, including the collection of 153 channel samples from six sites.

Results outlined a 150- to 200-metre-wide package of IP anomalies in the D8 prospect area carrying anomalous gold values (up to 0.11 gram per tonne Au). The best prospecting result was 3.0 g/t Au from a boulder of chloritized wacke with quartz-feldspar-tourmaline veinlets.

Recently 42 new claims (22 square km) have been added to the Opinaca B property. These new claims provide better control on the possible extensions of already defined prospective targets.

A diamond drilling program is currently proposed for 2016 to test several high-priority targets on the property.

This press release was prepared by geologist Jean-Marc Lulin acting as Azimut's qualified person under NI 43-101.