Historic Uranium Data Reveals Untapped Potential in Labrador’s Central Mineral Belt

Azincourt Energy Corp. (AAZ:TSX.V; AZURF:OTC) has completed the acquisition and compilation of historical data for the Snegamook uranium project, located in Newfoundland and Labrador . The project, which contains known uranium mineralization, is positioned near key discoveries in the region, including the Two Time, Moran, Kitts, and Jacques Lake deposits.

Historical drilling conducted by Silver Spruce Resources between 2006 and 2008 identified multiple uranium mineralized lenses over a 300-meter strike length and to a depth of 200 meters. The drill results reported uranium grades ranging from 225 to 771 parts per million (ppm) U3O8, with higher-grade zones, such as 0.11% U3O8 over three meters. A preliminary resource estimate was prepared in 2008 but was never finalized or filed under National Instrument 43-101 compliance. Azincourt aims to verify and expand upon these findings through further exploration and drilling efforts.

The Snegamook project consists of 17 contiguous mineral claims covering 423 hectares within […]

Click here to view original web page at www.streetwisereports.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.