Azincourt Energy Completes Initial Exploration Program at the BIG Hill Lithium Project, Newfoundland
AZINCOURT ENERGY COMPLETES INITIAL EXPLORATION
PROGRAM AT THE BIG HILL LITHIUM PROJECT, NEWFOUNDLAND
• Significant Pegmatite Field Discovered
Vancouver B.C., September 26, 2023 - AZINCOURT ENERGY CORP. (“Azincourt” or the
“Company”) (TSX.V: AAZ, OTCQB: AZURF), is pleased to announce that it has completed its
preliminary phase of mineral exploration at its Big Hill Lithium Project in southern Newfoundland,
Canada. The initial program was conducted under the guidance and participation of its project
partner, Atlantis Battery Metals Corp.
Exploration Program
The helicopter-assisted program was conducted over 21 days during a 29-day period by a team of five
geologists and one prospector. Approximately 70 fresh, unaltered, bedrock samples were collected
for lithium and associated element geochemistry in addition to basic petrography and petrology. The
Burgeo Intrusive Suite in this area is cut by numerous crosscutting granite dikes and rare pegmatites.
Granite and aplite dykes typically trend about east-west and are generally steeply oriented.
A significant pegmatite field was discovered in the southern edge of claim 035342M which spans for
~400m trending NNE. Coincidently, these pegmatites were identified around a government mapped
mafic unit with an estimated age of Late Silurian. These mafic units could potentially create sufficient
space for pegmatite intrusions to intrude the early Silurian to Early Devonian Burgeo granites.
There appears to be multiple distinct pegmatitic generations present on the property. One moderately
dipping pegmatite type is characterized by green quartz resembling beryl. These dikes are generally
thin (i.e., equal to or less than 30 cm ). The other pegmatite dike generations range between 30 -100
cm wide.
“The first round of exploration on the Big Hill Project was successful in identifying pegmatites on
the property,” said VP, Exploration Trevor Perkins. “The area is significantly underexplored and will
require additional detailed work to examine the pegmatites identified, the extents of the systems, and
determine if there are lithium bearing phases within the system. I was fortunate to spend a few days
in the field with the team and recognize that we have barely scratched the surface on examining the
property,” continued Mr. Perkins.
The Big Hill Project
The Big Hill Lithium Project is a Lithium- Cesium-Tantalum (LCT) exploration property located in
southwestern Newfoundland, Canada, along the south side of the Hermitage Flexure, approximately
5 km south of the Benton/Sokoman JV partnership discovery of the Kraken Lithium Pegmatite Field
(1.04% Li2O over 15.23 metres, 8.4 metres of 0.95% Li2O, and 5.5 metres of 1.16% Li2O). The
Benton/Sokoman JV partnership has also discovered the cesium -tantalum-rubidium-lithium Hydra
Dyke which is located 12 km northeast of the Kraken Lithium Pegmatite Field. Channel samples
returned results as high as 8.76% Cs2O, 0.41% Li2O, 0.025% Ta2O5, and 0.33% Rb2O over 1.20
metres.
The Big Hill Lithium property consists of three contiguous exploration licences consisting of 100
claims each for a total of 300 claims covering 7,500 hectares. The property lies adjacent to the Kraken
Lithium and the Hydra cesium discoveries. The three licenses were map staked for potential
spodumene-bearing pegmatites based on a compilation of geological map information in the area and
on their proximity to the high-grade, spodumene-bearing, Kraken lithium discovery by the Sokoman
Minerals – Benton Resources Alliance in 2021, and the subsequent discovery of high- grade cesium
in pegmatite from the Hydra Zone.
The Kraken lithium discovery is located approximately 6.5 kilometers north of license 035340M.
The high- grade cesium discovery is located approximately 15 kilometers to the west of license
035342M.
Each of the three licenses are underlain by the Burgeo granite and occur at the northwestern margin
of the intrusive suite located close to the Kraken lithium discovery. The marginal area of these mixed
intrusive phases is expected to have developed lithium and critical metal-bearing pegmatites.
The property encompasses a large tract of ground lying immediately south of the Hermitage Flexure
in predominantly granite intrusive suites. The generalized bedrock geology is shown below in Figure
1. Mineralization in the area is character ized by W, Mo, Pb, F, Zn, Cu, Au, Ag, Sn, Ba, Bi, and U
mineralization.
The Big Hill claims are found dominantly within the Burgeo Intrusive Suite . The Burgeo intrusive
suite is a polyphase intrusive body of batholithic proportions composed of a continuum of
compositions, from gabbro through tonalite and granodiorite to granite. The most observed lithology
in the field were granites and minor felsic and mafic dikes.
Several hundred Remote Sensing and LiDAR targets in Figure 2 were examined during this
exploration program. Targets ranged up to approximately 100 metres in length and several of them
occur only as point sources (Figure 2).
Additional Exploration Plans
Additional exploration is under consideration, potentially split into two phases:
Phase I
• Helicopter-assisted prospecting, geological mapping, and geochemical sampling.
• Preliminary geochemistry survey for LCT pegmatite lithium path -finder elements using a
portable XRF unit to help minimize the potentially large number of samples.
• MMI geochemistry.
• Soil geochemistry.
• A glacial till survey to concentrate spodumene from tills.
Phase II (based on results from Phase I)
• High-resolution geophysical survey that may in part include, EM/Mag, radiometric, and lidar,
surveys.
• A high-resolution drone survey should be carried out over targeted pegmatite areas to obtain
low-altitude, high-resolution photography to assist more rapid ground mapping.
• Selected trenching should be considered in areas where overburden is thin, and pegmatites are
shown to be covered.
• An initial 1,500 metres diamond drilling program
Figure 1: Location of the Big Hill Lithium Project showing other significant mineralization, Southern
Newfoundland, Canada
Figure 2: Big Hill property showing the location of the Kraken lithium -bearing pegmatites with
exploration targets.
Figure 3: Two zones of pegmatite occurrences discovered during initial exploration program.
Figure 4: (a)- 1.5-2m wide pegmatite boulder, (b) contact between pegmatite dike and host granite,
(c) false bleached granite caused by vegetation being removed by ice, snow, and wind.
a b
c d
Figure 5: Geologists examining pegmatites and gossan zones. (a) Azincourt VP Exploration sampling
pegmatite, (b) geologists examining long narrow pegmatite, (c) geologist on gossan zone in felsic
dike, and (d) geologists and prospectors discussing local lithologies.