Azincourt Energy Commences Initial Work Program on the Harrier Uranium Project
Azincourt Energy (OTCQB:AZURF) has initiated its initial work program at the Harrier Uranium Project in the Central Mineral Belt, Labrador, Canada. The project encompasses 49,400 hectares and features over a dozen uranium zones with impressive surface samples up to 7.48% U3O8, with 10 zones exceeding 1% U3O8.
The program includes helicopter-supported reconnaissance of existing uranium occurrences and radiometric anomalies. A key focus is the Snegamook Uranium Deposit, where historical drilling revealed 20-50m wide uranium-bearing zones. The company plans to prepare an updated NI 43-101 resource for 2026. With only 124 historical drill holes completed, the project presents significant discovery potential, particularly given its strategic location adjacent to Paladin Energy's Michelin and Atha Energy's projects.
Azincourt Energy (OTCQB:AZURF) ha avviato il suo programma di lavoro iniziale presso il Harrier Uranium Project nel Central Mineral Belt, Labrador, Canada. Il progetto copre 49.400 ettari e include oltre una dozzina di zone uranifere con campioni di superficie fino a 7,48% U3O8, di cui 10 zone oltre l'1% U3O8.
Il programma prevede ricognizioni supportate da elicottero sulle occorrenze uranifere note e sulle anomalie radiometriche. Un punto focale è il Snegamook Uranium Deposit, dove perforazioni storiche hanno evidenziato bande uranifere larghe 20–50 m. La società intende preparare una risorsa NI 43-101 aggiornata per il 2026. Con appena 124 fori di perforazione storici completati, il progetto presenta un significativo potenziale di scoperta, soprattutto per la sua posizione strategica adiacente ai progetti Michelin di Paladin Energy e di Atha Energy.
Azincourt Energy (OTCQB:AZURF) ha iniciado su programa de trabajo inicial en el Harrier Uranium Project en el Central Mineral Belt, Labrador, Canadá. El proyecto abarca 49.400 hectáreas y cuenta con más de una docena de zonas de uranio con muestras superficiales de hasta 7,48% U3O8, incluidas 10 zonas por encima del 1% U3O8.
El programa incluye reconocimientos con apoyo de helicóptero sobre las ocurrencias de uranio existentes y las anomalías radiométricas. Uno de los focos principales es el Snegamook Uranium Deposit, donde los sondeos históricos mostraron zonas mineralizadas en uranio de 20–50 m de ancho. La compañía planea preparar un informe de recursos NI 43-101 actualizado para 2026. Con solo 124 perforaciones históricas realizadas, el proyecto presenta un potencial de descubrimiento significativo, especialmente por su ubicación estratégica adyacente a los proyectos Michelin de Paladin Energy y a los de Atha Energy.
Azincourt Energy (OTCQB:AZURF)가 캐나다 래브라도의 Central Mineral Belt에 위치한 Harrier Uranium Project에서 초기 작업 프로그램을 시작했습니다. 이 프로젝트는 49,400헥타르를 포함하며 표면 시료에서 최대 7.48% U3O8가 확인된 10개 이상의 우라늄 구역을 포함합니다.
프로그램에는 기존 우라늄 출현지 및 방사선 계측 이상체에 대한 헬리콥터 지원 정찰이 포함됩니다. 주요 대상은 과거 시추에서 폭 20~50m의 우라늄 함유대가 확인된 Snegamook Uranium Deposit입니다. 회사는 2026년까지 업데이트된 NI 43-101 자원을 준비할 계획입니다. 역사적 시추가 단지 124개 시추공에 불과해, 이 프로젝트는 특히 Paladin Energy의 Michelin 및 Atha Energy의 프로젝트에 인접한 전략적 위치를 고려할 때 상당한 발견 잠재력을 갖고 있습니다.
Azincourt Energy (OTCQB:AZURF) a lancé son programme de travail initial sur le Harrier Uranium Project dans le Central Mineral Belt, Labrador, Canada. Le projet couvre 49 400 hectares et comprend plus d'une dizaine de zones uranifères, avec des échantillons de surface atteignant 7,48% U3O8, dont 10 zones supérieures à 1% U3O8.
Le programme comprend des reconnaissances héliportées des occurrences d'uranium connues et des anomalies radiométriques. L'un des principaux axes est le Snegamook Uranium Deposit, où des forages historiques ont révélé des bandes porteuses d'uranium larges de 20–50 m. La société prévoit de préparer une ressource NI 43-101 mise à jour pour 2026. Avec seulement 124 forages historiques réalisés, le projet présente un fort potentiel de découverte, d'autant plus qu'il est stratégiquement adjacent aux projets Michelin de Paladin Energy et à ceux d'Atha Energy.
Azincourt Energy (OTCQB:AZURF) hat sein initiales Arbeitsprogramm am Harrier Uranium Project im Central Mineral Belt, Labrador, Kanada, gestartet. Das Projekt umfasst 49.400 Hektar und weist mehr als ein Dutzend Uran-Zonen mit Oberflächenproben von bis zu 7,48% U3O8 auf; zehn Zonen liegen über 1% U3O8.
Das Programm sieht hubschrauberunterstützte Erkundungen bestehender Uranausprägungen und radiometrischer Anomalien vor. Ein Schwerpunkt ist das Snegamook Uranium Deposit, wo historische Bohrungen 20–50 m breite uranhaltige Zonen zeigten. Das Unternehmen plant, bis 2026 eine aktualisierte NI 43-101-Ressource vorzulegen. Mit nur 124 historischen Bohrlöchern besteht erhebliches Entdeckungspotenzial, zumal das Projekt strategisch an die Projekte Michelin von Paladin Energy und die Projekte von Atha Energy angrenzt.
- High-grade uranium surface samples up to 7.48% U3O8 with 10 zones above 1% U3O8
- Strategic 49,400-hectare land position adjacent to major uranium projects
- Snegamook Deposit shows significant mineralization with 20-50m wide uranium-bearing zones
- Underexplored property with only 124 historical drill holes, indicating strong discovery potential
- NI 43-101 resource update not available until 2026
- Previous resource estimate for Snegamook Zone was never finalized or filed
- High-Grade Targets: The Harrier Project hosts over a dozen uranium zones with surface samples up to
7.48% U₃O₈, and 10 zones above1% U₃O₈
- Snegamook Uranium Deposit: A key near-term drill target with historical intersections of 20-50 m wide uranium-bearing zones; an updated NI 43-101 resource is planned for 2026.
- Under-Explored: Only 124 historical drill holes have been completed, leaving strong discovery potential.
- Large-Scale Land Position: The 49,400-hectare Project is one of the largest land positions in the Central Mineral Belt, and is directly adjacent to Paladin Energy's Michelin and Atha Energy's Moran Lake and Anna Lake projects.
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2025) - AZINCOURT ENERGY CORP. (TSXV: AAZ) (OTCQB: AZURF) ("Azincourt" or the "Company"), is pleased to announce that the introductory work program has commenced on the Harrier Project in the Central Mineral Belt in Labrador, Canada.
Azincourt's Harrier Project — which includes its previously acquired Snegamook deposit — covers 49,400 hectares over five distinct licence groups, representing one of the largest land positions in the Central Mineral Belt. The Harrier Project straddles key uranium-bearing structural corridors directly adjacent to and on trend with Atha Energy's Moran Lake and Anna Lake projects, and Paladin Energy's Michelin project — placing Azincourt at the center of a proven and growing uranium camp.
The Harrier Project, with over a dozen known uranium mineralization zones and surface rock samples grading up to
The introductory work program is underway and consists of up to three weeks of helicopter supported reconnaissance of existing identified uranium occurrences and prospecting of previously identified radiometric anomalies. The purpose of this program is to expand the target inventory on the project and prepare the higher priority targets for diamond drilling.
A high priority target for diamond drilling is the Snegamook Uranium Deposit, where drilling in 2007 and 2008 to follow up a radon gas anomaly identified uranium mineralization located 1.3 km along strike to the southeast of the Two Time Zone (Indicated and Inferred resource of 5.55 Mlb U3O8, Silver Spruce Resources, June 2008). 17 drill holes intersected a 20 to 50 m wide section of uranium bearing brecciated and altered monzodiorite with moderate to strong chlorite, hematite and carbonate alteration, the same geological setting as the Two Time Zone. (Figure 3)
In 2008 a preliminary resource estimate for the Snegamook Zone was prepared by Silver Spruce Resources, however it was never finalized in a report or filed. Preparing an updated NI 43-101 compliant resource for this deposit will be a priority in conjunction with the 2026 field program.
"I am excited to get into the field with the crew and see what we have at the Harrier Project," commented Trevor Perkins, Vice President of Exploration. "We are eager to get working on this underexplored land package in the center of the CMB and see where we can take it," continued Mr. Perkins.
Figure 1: Azincourt land position overlain on the geology of the Central Mineral Belt, Labrador, Canada
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Figure 2: Azincourt's Harrier Project.
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Figure 3: Snegamook and Two Time Zone mineralization map
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About the Central Mineral Belt
Labrador's Central Mineral Belt ("CMB") is one of Canada's most underexplored yet highly prospective uranium regions. Known for its numerous uranium and base metal deposits and showings, the CMB has seen renewed interest due to growing global demand for secure, domestic uranium supply as countries aim to increase nuclear power capacity to meet net-zero emissions goals.
The CMB hosts multiple large-scale uranium discoveries, including Paladin Energy's Michelin Uranium Project (127.7 million lbs U₃O₈), the Moran Lake C Deposit (historical resource of 9.6 Mlbs U₃O₈ and 11.8 Mlbs V₂O₅), and the Anna Lake Deposit (historical resource of 4.9 Mlbs U₃O₈). These known resources demonstrate the Belt's exceptional uranium endowment — but vast areas remain underexplored, with modern techniques only recently being applied across the region.
With its stable jurisdiction, historical high-grade discoveries, and modern exploration momentum, the CMB is emerging as one of North America's most exciting uranium exploration corridors.
Qualified Person
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved on behalf of the Company by C. Trevor Perkins, P.Geo., Vice President, Exploration of Azincourt Energy, and a Qualified Person as defined by National Instrument 43-101.
About Azincourt Energy Corp.
Azincourt is a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements. The Company is currently active at its East Preston uranium project located in the Athabasca Basin, Saskatchewan, and its Snegamook and Harrier uranium projects, located in the Central Mining Belt of Labrador.
*The historical results, interpretation and drill intersections described here in have not been verified and are extracted from news releases issued by Silver Spruce Resources Inc on April 24, 2008, and August 12, 2008, as well as annual Management Discussion and Analysis documents filed on www.sedarplus.ca, and Koba Resources Limited on April 11, 2024, and August 20, 2024, which can be found at https://kobaresources.com/investors/asx-announcements/. The Company has not completed sufficient work to confirm and validate any of the historical data contained in this news release. The Company considers the historical work a reliable indication of the potential of the Harrier Project and the information may be of assistance to readers.
The information on the Michelin, Morin Lake C, and Anna Deposits has been extracted from the websites and investor presentations of Paladin Energy Limited and Atha Energy Corp.
ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.
"Alex Klenman"
Alex Klenman, President & CEO
For further information please contact:
Alex Klenman, President & CEO
Tel: 604-638-8063
info@azincourtenergy.com
Azincourt Energy Corp.
1430 - 800 West Pender Street
Vancouver, BC V6C 2V6
www.azincourtenergy.com
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules, and regulations.
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262275
FAQ
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