Azincourt Energy Samples 6.28% U3O8 at Harrier Uranium Project

Core Insights - Azincourt Energy Corp. has received assay results from its summer 2025 prospecting program at the Harrier Uranium Project, indicating significant potential for high-grade uranium deposits [1][4]. Project Overview - The Harrier Project spans 49,400 hectares and includes the Snegamook Uranium Deposit, strategically located near other significant uranium deposits such as Atha Energy's Moran Lake and Paladin Energy's Michelin deposit [2]. - The project features over a dozen known uranium mineralization zones, with surface rock samples showing grades up to 7.48% U₃O₈, indicating a combination of high grade and geological continuity [2]. 2025 Summer Work Program - The summer 2025 work program involved helicopter-supported reconnaissance and prospecting of identified radiometric anomalies [3]. Assay Results and Mineralization - Assay results confirmed high-grade uranium mineralization across the Harrier Project, with notable grades including 6.28% U₃O₈ at the Brook showing and 2.27% U₃O₈ along the Moran Heights trend [6]. - The Snegamook Uranium Deposit area showed a check sample from drill hole SN-08-06 returning a grade of 2.71% U₃O₈, validating historical results and highlighting the potential for higher-grade lenses within the deposit [5][6]. Future Drilling Plans - The Snegamook Uranium Deposit is prioritized for the 2026 drilling campaign, with plans for approximately 2,000 meters of drilling across 6-10 drill holes [14]. - Additional drilling will target other showings, including Anomaly 7 and Boiteau Lake, which are considered drill-ready [14]. Resource Estimation - The 2026 drill program aims to prepare an updated NI 43-101 compliant resource estimate for the Snegamook Uranium Deposit, which has historical drilling data indicating mineralization over 20-50 meters [15][16]. Industry Context - The Central Mineral Belt in Labrador is recognized as a highly prospective uranium region, with increasing interest due to global demand for secure uranium supply as countries expand nuclear power capacity [22][26].