Azincourt Energy Completes Initial Work Program on the Harrier Uranium Project

Core Insights - Azincourt Energy has completed its initial work program on the Harrier Uranium Project in Labrador, Canada, which is a significant step in advancing its exploration efforts [2][5]. Project Overview - The Harrier Project encompasses 49,400 hectares and includes the Snegamook deposit, positioning it as one of the largest land holdings in the Central Mineral Belt of Labrador [3][8]. - The project is strategically located near other significant uranium projects, enhancing its potential for discovery [3][8]. Mineralization and Exploration - The Harrier Project features over a dozen known uranium mineralization zones, with surface rock samples showing grades up to 7.48% U₃O₈, and more than 1.0% U₃O₈ in 10 distinct zones [4][8]. - Historical drilling has been limited, with only 124 drill holes completed, indicating substantial opportunity for new discoveries using modern exploration techniques [4][8]. Recent Work Program - The 2025 summer work program included reconnaissance of existing uranium occurrences and prospecting of identified radiometric anomalies, aimed at expanding the target inventory [5][6]. - Eleven previously identified uranium showings were visited, and two new showings were discovered, with assay results pending [6][8]. Future Plans - A high-priority target for diamond drilling is the Snegamook Uranium Deposit, where previous drilling intersected significant uranium mineralization [9][10]. - The company plans to update the Snegamook resource to NI 43-101 compliance in conjunction with the 2026 field program [10][23]. Geological Context - The Central Mineral Belt is recognized as one of Canada's most underexplored yet promising uranium regions, with a growing interest due to the demand for secure domestic uranium supply [26][28]. - The region hosts multiple large-scale uranium discoveries, indicating its exceptional uranium endowment [27][28].