Azincourt Energy Lithium One Exploration Update
AZINCOURT ENERGY LITHIUM ONE EXPLORATION UPDATE
Vancouver B.C., September 27, 2018 - AZINCOURT ENERGY CORP. (“Azincourt” or the
“Company”) (TSX.V: AAZ, OTC: AZURF) , is pleased to provide an update on the current
exploration program at the Lithium One project. L ithium One is one of eight lithium exploration
projects currently being explored under a joint ven ture agreement between Azincourt and New Age
Metals (TSX.V: NAM), located in the Winnipeg River Pegmatite Field (see figure 1).
Reconnaissance field exploration in 2016 returned a ssays from surface exposed pegmatites up to
4.33% Li2O from the Silverleaf Pegmatite, located at the Lithium One project (see New Age Metals
News Release, December 8, 2016). There are several clusters of pegmatites at Lithium One that are
currently being mapped and sampled as part of the 2018 field program.
The Annie Pegmatite (see Figure 2), is a primary ar ea of interest, and is generally underlain by a
broad continuous multiphase unit of pegmatitic gran ite. Detailed mapping has revealed at least two
distinct structurally orientations of evolved pegma tite units that may be strataform or oblique along
fault structures that offset established stratigrap hy. Lithium bearing mineralogy has been
discovered in these strataform and oblique evolved pegmatitic structures.
Figure 1: Project Location Map – Winnipeg River Pegmatite Fie ld. Lithium One is the southern most land
package.
Sampling and mapping at Lithium One are ongoing. N umerous pegmatites are currently being
explored (see Figure 3) and several batches of samp les have been sent to Actlabs in Ancaster,
Ontario for analysis. Analysis for lithium and oth er mineralogical content at observed sites within
the Annie Pegmatite is being performed, with explor ation targeting recommendations to follow.
These targeting recommendations will help define po tential structural connection implications
between the Annie and Silverleaf showings, should t hey exist. Sample results will be released once
received, reviewed and verified.
Figure 2: Annie Pegmatite showing in outcrop with abundant SQUI (Spodumene Quartz Intergrowths)
mineralization – The pen in the photo is 8 cm in le ngth.
Figure 3: Pegmatite Location Map. Lithium One Project – Manit oba. The circle in the top left of the map is
around the two pegmatite showings – Silverleaf and Annie on the Lithium One Project.
The Silverleaf Pegmatite (see Figure 4) is one of t he most visually spectacular and mineralogically
complex pegmatites known on the property. Figure 4 is a photo of the prominent spodumene-
lepidolite mineralization seen on surface. Numerous other pegmatites of interest have been mapped
with the focus being to confirm the presence of lit hium bearing spodumene, with the goal to
understand and increase the lithium resource potential.
Figure 4: White spodumene blades in a matrix of lepidolite (Lithium Mica) from the Silverleaf showing.
Azincourt Energy – New Age Metals Lithium Joint Ven ture
The pegmatites in this region of southeast Manitoba are described as being a part of the Winnipeg
River Pegmatite Field. Several large lithium-bearin g pegmatites exist in this region and exploration
activity in the region is increasing. This pegmatit e field is host to the world-class Tanco Pegmatite,
which is a highly fractionated Lithium-Cesium-Tanta lum (LCT Type) pegmatite and has been
mined in varying capacities since 1969. The LCT-typ e pegmatites can contain large amounts of
spodumene (one of the primary ores used in hard roc k lithium extraction) and are a primary
geological target in hard rock lithium exploration. They also can contain economic qualities of
tantalum and cesium as well as other lithium bearin g minerals such as mica. With eight projects
totalling over 14,000 hectares the Azincourt-New Ag e JV is the largest claim holder for Lithium
Projects in the Winnipeg River Pegmatite Field. Fo r a map of the project locations please visit
www.azincourtenergy.com .
Qualified Person
The contents contained herein that relate to Explor ation Results or Mineral Resources is based on
information compiled, reviewed or prepared by Carey Galeschuk, a consulting geoscientist for New
Age Metals. Mr. Galeschuk is the Qualified Person as defined by National Instrument 43-101 and
has reviewed and approved the technical content of this news release.
About Azincourt Energy Corp.
Azincourt Energy is a Canadian-based resource compa ny specializing in the strategic acquisition,
exploration and development of alternative energy/f uel projects, including uranium, lithium, and
other critical clean energy elements. The Company is currently active at its joint venture lithium
exploration projects in the Winnipeg River Pegmatit e Field, Manitoba, Canada, at its East Preston
and Patterson Lake North uranium projects in the At habasca Basin, Saskatchewan, Canada, and at
the Escalera Group of uranium/lithium exploration projects, located in Southeastern Peru.
ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.
“Alex Klenman”
Alex Klenman, President & CEO
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts r esponsibility for the adequacy or accuracy of
this release.
This press release includes “forward-looking statem ents”, including forecasts, estimates,
expectations and objectives for future operations t hat are subject to a number of assumptions, risks
and uncertainties, many of which are beyond the con trol of Azincourt. Investors are cautioned that
any such statements are not guarantees of future pe rformance and that actual results or
developments may differ materially from those proje cted in the forward-looking statements. Such
forward-looking information represents management’s best judgment based on information
currently available. No forward-looking statement can be guaranteed and actual future results may
vary materially.
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