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Azincourt reports initial uranium drilling results at Snegamook

Two holes returned radiometric eU3O8 equivalent values; these are not chemical assay grades, and no current resource estimate exists for the property.

The source does not state the event date; the period shown is the source review period.

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Azincourt Energy on October 14 reported initial results from the first two holes drilled at the Snegamook site in Labrador, totaling 540 metres. Radiometric readings were reported as 0.07% eU3O8 over 0.6 metres, including 0.14% over 0.2 metres in SN0045, and 0.05% eU3O8 over 0.5 metres in SN0046. eU3O8 is a radiometric equivalent indicator, not a chemical assay result.

The company said Snegamook has no current or historical mineral resource. A possible maiden estimate depends on additional data and verification of historic drilling records. The results therefore should not be read as a discovered or measured resource.

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Azincourt reports initial uranium drilling results at Snegamook

Azincourt reports initial uranium drilling results at Snegamook

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    Azincourt reports initial uranium drilling results at Snegamook

    Azincourt Energy on October 14 reported initial results from the first two holes drilled at the Snegamook site in Labrador, totaling 540 metres. Radiometric readings were reported as 0.07% eU3O8 over 0.6 metres, including 0.14% over 0.2 metres in SN0045, and 0.05% eU3O8 over 0.5 metres in SN0046. eU3O8 is a radiometric equivalent indicator, not a chemical assay result.

Methodology

Figures are transcribed from the source release; company plans are not presented as results.

Updated:

Table

Reported radiometric-equivalent intercepts

eU3O8 is a radiometric-equivalent indicator, not a chemical assay. Depths are measured down-hole.

SN0045100.250.60.07
SN0045100.450.20.14
SN0046204.950.50.05
Methodology

Selected radiometric values and intervals transcribed from the company release.

Updated:

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