{"id":4025,"date":"2025-07-03T09:04:21","date_gmt":"2025-07-03T13:04:21","guid":{"rendered":"https:\/\/www.diosexplo.com\/?p=4025"},"modified":"2025-07-03T09:04:21","modified_gmt":"2025-07-03T13:04:21","slug":"dios-is-pleased-to-report-it-has-entered-into-a-binding-sale-and-purchase-agreement-with-azimut-exploration-inc","status":"publish","type":"post","link":"https:\/\/www.diosexplo.com\/en\/2025\/07\/03\/dios-is-pleased-to-report-it-has-entered-into-a-binding-sale-and-purchase-agreement-with-azimut-exploration-inc\/","title":{"rendered":"Dios sells K2 to Azimut"},"content":{"rendered":"<p style=\"text-align: center;\"><strong>TSX-V: DOS \u00a0\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 July 3, 2025 \u00a0<\/strong><\/p>\n<h2 style=\"text-align: center;\"><b>Dios sells K2 to Azimut<\/b><\/h2>\n<p><b>Montreal, Quebec, Canada<\/b><span style=\"font-weight: 400;\"> &#8212;\u00a0<\/span><b>Dios Exploration Inc.<\/b><span style=\"font-weight: 400;\">\u00a0(<\/span><span style=\"font-weight: 400;\">\u201cDios\u201d<\/span><span style=\"font-weight: 400;\">) <\/span><span style=\"font-weight: 400;\">is pleased to report it has entered into a binding sale and purchase agreement with <\/span><b>Azimut Exploration Inc. <\/b><span style=\"font-weight: 400;\">(\u201cAzimut\u201d) to sell its K2 Property adjacent to their Elmer Property in Eeyou Istchee James Bay, Quebec, Canada.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Azimut will acquire 100% interest in 103 claims covering 54.3\u00a0sq. km forming the K2 Property (the \u201cK2 claims\u201d) in the western part of the Lower Eastmain Archean Greenstone Belt, for a cash payment of C$120,000 and the issuance of 200,000 Common Shares of Azimut. Dios will retain a 2.0% NSR royalty on the K2 claims, subject to a buydown of 1.0% NSR for C$3,000,000. The parties were dealing at arm\u2019s length. The Agreement is subject to approval by the TSX Venture.<\/span><\/p>\n<p><a href=\"https:\/\/www.diosexplo.com\/wp-content\/uploads\/2025\/07\/image-36.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-4026\" src=\"https:\/\/www.diosexplo.com\/wp-content\/uploads\/2025\/07\/image-36-1024x663.png\" alt=\"\" width=\"1024\" height=\"663\" srcset=\"https:\/\/www.diosexplo.com\/wp-content\/uploads\/2025\/07\/image-36-1024x663.png 1024w, https:\/\/www.diosexplo.com\/wp-content\/uploads\/2025\/07\/image-36-300x194.png 300w, https:\/\/www.diosexplo.com\/wp-content\/uploads\/2025\/07\/image-36-768x497.png 768w, https:\/\/www.diosexplo.com\/wp-content\/uploads\/2025\/07\/image-36-600x388.png 600w, https:\/\/www.diosexplo.com\/wp-content\/uploads\/2025\/07\/image-36.png 1297w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p><b>Focus on Heberto-Gold and extents\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Dios will focus on gold exploration of its flagship wholly-owned Au33 property hosting <\/span><b>Heberto-Gold discovery<\/b><span style=\"font-weight: 400;\">, which is<\/span> <span style=\"font-weight: 400;\">easily road accessible some 130 km more to the east in Lower Eastmain Greenstone Belt.<\/span><\/p>\n<p><b>Heberto-Gold<\/b><span style=\"font-weight: 400;\"> major kilometre-scale system is located within a five-by-eight km highly anomalous gold-in-outcrop area, 50 km south of Eleonore world-class gold mine and 20 km west of Clearwater gold deposit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gold zones can be followed in strike and at depth. Gold is associated with felsic intrusions and fine-grained pyrite and magnetite and related to thick potassic altered shear zones. Dios looks for a world-class gold deposit.\u00a0 A review by specialists is underway to select targets.\u00a0<\/span><\/p>\n<p><b>Dios\u2019 Historical 2015-2017 Heberto Drilling Results<\/b> <i><span style=\"font-weight: 400;\">(<\/span><\/i><i><span style=\"font-weight: 400;\">See Oct. 23, 2024 release)<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Hole<\/span><b> 19<\/b><span style=\"font-weight: 400;\"> (3.65g\/t Au\/ 13m) is 50 m south of Hole <\/span><b>1<\/b><span style=\"font-weight: 400;\"> (2.13g\/t Au\/ 22.9m), of Hole <\/span><b>9<\/b><span style=\"font-weight: 400;\"> (2g\/tAu\/22m) &amp; of Hole <\/span><b>10 <\/b><span style=\"font-weight: 400;\">(1.8 g\/t Au\/ 18.45 m).\u00a0 <\/span><span style=\"font-weight: 400;\">Channel hit 5.18 g\/t gold\/ 5 meters.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hole <\/span><b>19 <\/b><span style=\"font-weight: 400;\">is 112 m west of Hole <\/span><b>1<\/b><span style=\"font-weight: 400;\"> and 50 m north of Hole <\/span><b>6<\/b><span style=\"font-weight: 400;\"> (2.23g\/t Au\/7.75 m).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Marie-Jose Girard M.Sc. PGeo, 43-101 qualified person, prepared this release.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/span><\/i><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Contact information :<\/b><\/td>\n<td><span style=\"font-weight: 400;\">\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Marie-Jos\u00e9 Girard, President\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"mailto:mjgirard@diosexplo.com\"><b>mjgirard@diosexplo.com<\/b><\/a><\/td>\n<td><span style=\"font-weight: 400;\">\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Tel.: (514) 923-9123<\/span><\/td>\n<td><b>Website:\u00a0<\/b><a href=\"https:\/\/www.diosexplo.com\"><b>www.diosexplo.com<\/b><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>TSX-V: DOS \u00a0\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 July 3, 2025 \u00a0 Dios sells K2 to Azimut Montreal, Quebec, Canada &#8212;\u00a0Dios Exploration Inc.\u00a0(\u201cDios\u201d) is pleased [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":4026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-4025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dios sells K2 to Azimut - Dios Exploration<\/title>\n<meta name=\"description\" content=\"Dis pleased to report it has entered into a binding sale and purchase agreement with Azimut Exploration Inc. 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