Azincourt Energy Commences Initial Work Program on the Harrier Uranium Project High-Grade Targets : The Harrier Project hosts over a dozen uranium zones with surface samples up to 7.48% U O , and 10 zones above 1% U O Snegamook Uranium Deposit
Azincourt Energy Commences Initial Work
Program on the Harrier Uranium Project
High-Grade Targets
: The Harrier Project hosts over a dozen uranium zones with surface samples
up to
7.48% U
O
, and
10 zones above 1% U
O
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 7.48% U
O
(and >1.0% U
O
in 10 distinct zones), offers a rare combination of grade,
scale, and geological continuity. Notably, only 124 drill holes (19,851 metres total, over half of this on the
former Snegamook project area) have ever been completed across the combined property — leaving
ample opportunity for new discovery with modern methods.
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 U
3
O
8
, 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
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6137/262275_1a98eb3264fdab5a_002full.jpg
Figure 2: Azincourt's Harrier Project.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6137/262275_1a98eb3264fdab5a_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/6137/262275_1a98eb3264fdab5a_004full.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 U
O
), the Moran Lake C Deposit (historical resource of 9.6 Mlbs U
O
and
11.8 Mlbs V
O
), and the Anna Lake Deposit (historical resource of 4.9 Mlbs U
O
). 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
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.
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