Azincourt Energy Completes Initial Work Program on the Harrier Uranium Project
Azincourt Energy (OTCQB:AZURF) has completed its initial work program at the Harrier Uranium Project in Labrador's Central Mineral Belt. The project encompasses a significant 49,400-hectare land package strategically located adjacent to Paladin Energy's Michelin deposit and Atha Energy's Moran Lake Project.
The project features 12+ known uranium zones with impressive samples reaching up to 7.48% U3O8, and 10 distinct zones exceeding 1% U3O8. The 2025 program has successfully confirmed existing showings, advanced the Snegamook area, and identified two new uranium showings. Historic drilling at Snegamook revealed uranium zones spanning 20-50m, with plans for an NI 43-101 resource update through upcoming drilling.
Azincourt Energy (OTCQB:AZURF) ha completato il suo primo programma di lavoro al Harrier Uranium Project nel Central Mineral Belt del Labrador. Il progetto comprende un notevole pacchetto di terreno di 49.400 ettari strategicamente situato accanto al deposito Michelin di Paladin Energy e al progetto Moran Lake di Atha Energy.
Il progetto presenta oltre 12 zone di uranio note, con campioni impressionanti fino al 7,48% U3O8, e 10 zone distinte superiori all'1% di U3O8. Il programma 2025 ha confermato con successo le esistenti scoperte, ha avanzato l'area di Snegamook e ha identificato due nuove scoperte di uranio. Le perforazioni storiche a Snegamook hanno rivelato zone di uranio che si estendono per 20-50 m, con piani per un aggiornamento della risorsa NI 43-101 tramite le imminenti operazioni di perforazione.
Azincourt Energy (OTCQB:AZURF) ha completado su primer programa de trabajo en el Harrier Uranium Project en la Cintura Mineral Central de Labrador. El proyecto abarca un considerable paquete de terreno de 49.400 hectáreas estratégicamente ubicado junto al depósito Michelin de Paladin Energy y al Proyecto Moran Lake de Atha Energy.
El proyecto cuenta con más de 12 zonas de uranio conocidas con muestras destacadas de hasta 7,48% U3O8, y 10 zonas distintas que superan el 1% de U3O8. El programa 2025 ha confirmado con éxito las muestras existentes, ha avanzado la zona de Snegamook e identificado dos nuevas indicaciones de uranio. La perforación histórica en Snegamook reveló zonas de uranio que se extienden de 20 a 50 m, con planes para una actualización de recursos NI 43-101 mediante perforación próxima.
Azincourt Energy (OTCQB:AZURF)는 라브도르의 중앙 광물대에 위치한 Harrier Uranium Project의 초기 작업 프로그램을 완료했습니다. 이 프로젝트는 Paladin Energy의 Michelin 매장지와 Atha Energy의 Moran Lake 프로젝트에 인접한 전략적으로 위치한 49,400 헥타르 규모의 토지 패키지를 포함합니다.
프로젝트는 12개 이상의 알려진 우라늄 지역을 특징으로 하며, 샘플은 최대 7.48% U3O8에 도달했고, 1% 이상의 U3O8를 초과하는 10개의 별도 구역이 있습니다. 2025년 프로그램은 기존 노출을 성공적으로 확인하고, Snegamook 지역을 진전시키며, 두 개의 새로운 우라늄 노출을 식별했습니다. Snegamook의 역사적 드릴링은 20-50m에 걸친 우라늄 구역을 보여주었으며, 향후 드릴링을 통한 NI 43-101 자원 업데이트를 계획하고 있습니다.
Azincourt Energy (OTCQB:AZURF) a terminé son premier programme de travail sur le Harrier Uranium Project dans la Ceinture minérale centrale du Labrador. Le projet comprend un important lot de terrain de 49 400 hectares stratégiquement situé adjacente au dépôt Michelin de Paladin Energy et au projet Moran Lake d'Atha Energy.
Le projet présente plus de 12 zones d'uranium connues avec des échantillons impressionnants atteignant jusqu'à 7,48% U3O8, et 10 zones distinctes dépassant 1% U3O8. Le programme 2025 a confirmé avec succès les indices existants, a fait progresser la zone de Snegamook et a identifié deux nouvelles indications d'uranium. Le forage historique à Snegamook a révélé des zones d'uranium s'étendant sur 20-50 m, avec des plans pour une révision des ressources NI 43-101 grâce au prochain forage.
Azincourt Energy (OTCQB:AZURF) hat sein initiales Arbeitsprogramm am Harrier Uranium Project im Labradorer Central Mineral Belt abgeschlossen. Das Projekt umfasst ein bedeutendes Landpaket von 49.400 Hektar, strategisch gelegen angrenzend an Paladin Energys Michelin-Deponat und Atha Energys Moran Lake-Projekt.
Das Projekt verfügt über mehr als 12 bekannte Uranzonen mit beeindruckenden Proben bis zu 7,48% U3O8 und 10 verschiedenen Zonen über 1% U3O8. Das Programm 2025 hat erfolgreich vorhandene Nachweise bestätigt, das Snegamook-Gebiet vorangebracht und zwei neue Uranvorkommen identifiziert. Historische Bohrungen in Snegamook zeigten Uranzonen von 20–50 m, mit Plänen für eine NI 43-101 Ressourcenaktualisierung durch kommende Bohrungen.
Azincourt Energy (OTCQB:AZURF) أكملت برنامجها الأول للعمل في Harrier Uranium Project في الحزام المعدني المركزي بلابرادور. يغطي المشروع حزمة أراضٍ كبيرة تبلغ 49,400 هكتار تقع استراتيجياً بجوار ماوندي Paladin Energy في Michelin ومشروع Moran Lake من Atha Energy.
يتميز المشروع بـ أكثر من 12 منطقة يورانيوم معروفة مع عينات تصل إلى الحد الأقصى 7.48% U3O8، و 10 مناطق مميزة تتجاوز 1% U3O8. وقد أكد برنامج 2025 بنجاح الشواهد الموجودة، وقدم تقدماً في منطقة Snegamook وحدد منطقتين جديدتين من الإشارات اليورانية. كشفت حفر تاريخية في Snegamook عن مناطق يورانيوم تمتد من 20-50 م، مع خطط لتحديث الموارد NI 43-101 من خلال الحفر القادم.
Azincourt Energy (OTCQB:AZURF) 已完成在 Harrier Uranium Project 于拉布拉多中部矿带的初步工作计划。该项目包含一个重要的 49,400 公顷土地包，地理位置优越，紧邻 Paladin Energy 的 Michelin 库和 Atha Energy 的 Moran Lake 项目。
该项目拥有 12+ 个已知铀区，样本高达 7.48% U3O8，10 个区带的铀含量>1% U3O8。2025 年的计划已成功确认现有矿迹，推进了 Snegamook 区并确定了两处新的铀矿迹。Snegamook 的历史钻探显示铀区长度为 20-50m，未来钻探将进行 NI 43-101 资源更新。
- None.
- Limited historical drilling with only 124 holes total
- Pending assays from new showings create uncertainty
- Resource not yet compliant with NI 43-101 standards
- District-Scale Land Package: 49,400 ha in Labrador's Central Mineral Belt, adjacent to Paladin Energy's Michelin deposit and Atha Energy's Moran Lake Project.
- Known Uranium Mineralization: 12+ known uranium zones with rock samples up to
7.48% U₃O₈, and 10 distinct zones >1% U₃O₈. Historic work has been limited (124 drill holes total). - 2025 Program Complete: Confirmed known showings, advanced Snegamook, and identified 2 new uranium showings (assays pending).
- Snegamook Priority: Historic drilling intersected 20-50m wide uranium zones; Azincourt plans to update Snegamook to NI 43-101 resource with an upcoming drill program.
- Pipeline of Drill-Ready Targets: Moran Heights, Boiteau Lake, Anomaly 7 and others advancing toward 2026 drill programs.
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - AZINCOURT ENERGY CORP. (TSXV: AAZ) (OTCQB: AZURF) ("Azincourt" or the "Company") is pleased to announce that the introductory work program has been completed on the Harrier Project in the Central Mineral Belt in Labrador, Canada.
About the Harrier Project
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 of Labrador. 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
2025 Summer Work Program
The introductory work program was completed in late August and consisted of helicopter supported reconnaissance of existing identified uranium occurrences and prospecting of previously identified radiometric anomalies. A crew consisting of one pilot, two geologists, including Trevor Perkins, Azincourt's Vice President of Exploration, and three prospectors conducted the field program. The purpose of this program was to expand the target inventory on the project and prepare the higher priority targets for a diamond drilling program.
Eleven previously identified uranium showings and the Snegamook Deposit were visited by Azincourt's VP Exploration to get an understanding of the characteristic and settings of the uranium mineralization present on the property. At this time, the focus was on those showings that had uranium mineralization present in outcrop, as less work is required to get these targets "drill ready". Two new uranium showings have been identified in outcrop in the Boiteau Lake area and in boulders and outcrop east of the Anomaly 7 area. Assay sample results are pending for these areas.
Snegamook Deposit
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)
The location of the drill core from the 2007-2008 exploration programs was confirmed at the old camp site used by Silver Spruce Resources. Much of the core is in decent shape considering it has been exposed to the elements for almost 20 years. Several drill holes that intersected the Snegamook Deposit mineralization were examined and a few samples were collected to confirm uranium grades. Reconnaissance of the deposit area was also undertaken to examine ground conditions for future drilling and examine the old drill pads for confirmation of hole numbers, locations, and hole orientation. Many drill pads were easily recognizable and marked with casings and tagged wooden posts present.
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. Diamond drilling and preparing an updated NI 43-101 compliant resource for this deposit will be a priority for Azincourt, in conjunction with the 2026 field program.
Moran Heights
The Moran Heights Prospect is underlain by a sequence of sandstone, conglomerate and minor intercalated volcanic flows. These rocks are overlain by a thick sequence of subaerial bimodal volcanic rocks ranging from andesite and basaltic andesite to ignimbrites and rhyolite. The prospect is along trend of, and in a similar geologic setting as the Moran Lake C uranium deposit.
The showing itself is identified from outcrop and an exploration pit along the southeast side of a high northeast trending ridge. Extensive work was conducted sporadically between 1979 and 2006 consisting of trenching and diamond drilling. One sample collected from the pit in 2024 assayed
Boiteau Lake Group
The Boiteau Lake Group is the northernmost block of the Harrier Project and straddles the Kanariktok Bay Shear Zone (KSZ, Figure 1). The licences are underlain by a sequence of sandstone, conglomerate, and massive volcanic flows. The Boiteau Lake is located in a different structural setting than the rest of the Harrier Project.
Airborne magnetics, Landsat imagery, air photo interpretation and ground investigation identified a 12 km long, northeast trending structural corridor located in the heart of the Boiteau claims. Significant uranium mineralization was found in 2008 in nine separate bedrock showings over a strike length of nearly 4.5 km. Samples returned very high grades, including
At the south end of the Boiteau trend, the Boiteau Main showing has pitchblende and secondary uranium disseminated in metasedimentary rocks associated with steep west trending fractures dipping to the north. Samples from this area collected in 2024 returned up to
The Boiteau Central showing consists of a sequence of steeply dipping splayed fractures containing pitchblende (Figure 4) in slatey grey metasediments in the footwall of a significant southwest trending fault and trending perpendicular to that fault. Samples from 2024 in these fractures returned grades of up to
The Boiteau North showing consists of pitchblende veins in a grey metasediment dipping moderately to the west-northwest on the southeast side in the footwall of a southwest trending fault. Samples collected by Koba in 2024 returned
A new uranium showing has been identified during Azincourt's 2025 summer program, approximately 200 m to the northeast of the Boiteau Main showing. This outcrop extends at least 30 m with anomalous radioactivity identified reading up to 7,200 cps on a Radiation Solutions RS-120 "Super-Scint" scintillometer. This outcrop is to the west of the ridge marking the footwall of the structure and location of the Boiteau Main showing and may indicate the presence of mineralization in the hanging wall of the fault. Assay results are pending for samples collected from this outcrop.
Anomaly 7
The Anomaly 7 Prospect was first discovered in the 1970s. Mineralization has been mapped over 3.5km of strike. In 2024, an outcrop sample returned values of
Mineralization appears as pitchblende and secondary uranophane hosted in north-northwest trending steeply dipping veins where these veins intersect a series of parallel east-northeast trending hematite altered breccias. Old drill pads were found along the edge of the anomaly, but there is an indication that some of these holes never went deep enough to intersect the mineralization.
Other Showings
The Anomaly 17, Brook, Fish Hawk North, and Fish Hawk South showings were examined and have similar structural settings as Anomaly 7, with intersecting fractures hosting pitchblende mineralization. Historical core was discovered in the woods from the Fish Hawk South showing, however the condition of the core precludes its usefulness for helping to interpret the area.
The Minisinakwa showing has good grades returned from boulders along an east-west trending splay fault. Mineralization is hosted in a magnetite rich metasediment. Drilling underneath boulder trend identified the magnetite rich lithologies, but not the mineralization.
"I was excited to get into the field with the crew and have a good look at the Harrier Project," commented Trevor Perkins, Vice President of Exploration. "The structural setting seems relatively straightforward. We have targets at some of these showings that I would consider drill-ready," continued Mr. Perkins. "At the same time, this is a huge land package with many additional anomalies yet to be examined. Our next step is planning a diamond drilling program for 2026."
Figure 1: Azincourt land position overlain on the geology of the Central Mineral Belt, Labrador, Canada
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6137/268612_2599387a040c69a3_002full.jpg
Figure 2: Azincourt's Harrier Project
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6137/268612_2599387a040c69a3_003full.jpg
Figure 3: Snegamook and Two Time Zone mineralization map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6137/268612_2599387a040c69a3_004full.jpg
Figure 4: Picture of mineralized fractures in the Boiteau Lake Central area
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6137/268612_2599387a040c69a3_005full.jpg
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, Moran 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/268612
FAQ
What are the key findings from Azincourt Energy's (AZURF) Harrier Project in 2025?
How large is Azincourt Energy's (AZURF) Harrier Uranium Project and where is it located?
What are Azincourt Energy's (AZURF) plans for the Snegamook zone?
What are the next steps for Azincourt Energy (AZURF) at the Harrier Project?
How much historical drilling has been done at Azincourt Energy's (AZURF) Harrier Project?
