Azincourt Energy Reports Significant High-Grade Uranium Intersections at Harrier Project, Newfoundland & Labrador
**Vancouver, British Columbia – January 21, 2026** – Azincourt Energy Corp. (OTCQB: AZURF) has announced compelling assay results from its 2025 prospecting program at the Harrier Uranium Project. The findings bolster the project’s potential for district-scale uranium mineralization, particularly in the Central Mineral Belt of Newfoundland & Labrador.
Key highlights from the program include exceptional grades from surface and core samples, confirming robust uranium mineralization across multiple zones. Notably, the Brook showing yielded a remarkable assay of 6.28% U3O8. Further validation came from a check sample at the Snegamook deposit, which returned 2.71% U3O8, reinforcing historical findings. Additional sampling along the Moran Heights trend also returned high-grade results, reaching up to 2.27% U3O8.
The Harrier Project encompasses a substantial 49,400-hectare land package strategically positioned within a highly prospective geological setting. This vast area hosts numerous known mineralized zones and is situated adjacent to, and on-trend with, significant uranium deposits such as Atha Energy’s Moran Lake and Anna Lake projects, and Paladin Energy’s Michelin deposit. This places Azincourt Energy at the epicenter of a developing and recognized uranium exploration corridor.
**Exploration Successes and Future Plans**
The 2025 summer work program focused on helicopter-supported reconnaissance of known uranium occurrences and prospecting of radiometric anomalies. The positive results from this initiative have paved the way for a focused 2026 exploration strategy.
“We are extremely encouraged by the outcomes of the 2025 program,” stated Trevor Perkins, Azincourt Energy’s VP of Exploration. “These assay results clearly demonstrate the significant potential for high-grade uranium deposits across the Harrier Project. We have identified numerous targets that warrant further investigation through drilling to unlock their full potential.”
The Snegamook Uranium Deposit is slated to be the primary focus of the 2026 diamond drilling campaign, which is expected to comprise approximately 2,000 meters across 6 to 10 drill holes. The program aims to twin historical holes to confirm existing mineralization and gather data necessary for a maiden NI 43-101 compliant resource estimate. Historically, drilling at Snegamook in 2007 and 2008 intersected uranium mineralization over widths of 20 to 50 meters within a brecciated and altered monzodiorite, consistent with the geological setting of nearby deposits. A preliminary resource estimate for Snegamook was prepared in 2008 but was never formally finalized or filed.
In addition to the Snegamook drilling, the 2026 program will include ground-based radiometric surveys and soil sampling over several showings to refine drill targeting. The Anomaly 7 and Boiteau Lake areas are considered drill-ready, while the Brook and Minisinakwa showings, which have also produced promising assay results, will require additional prospecting to precisely define drill targets.
The company also reported the identification of two new uranium showings: Boiteau Lake North Extension and Anomaly 7 East. Boulders sampled in the Minisinakwa claim group returned grades of 1.02% and 1.79% U3O8, indicating potential source mineralization in the area.
**Project Context and Market Opportunity**
The Central Mineral Belt (CMB) of Labrador is recognized as one of Canada’s most underexplored yet highly prospective uranium regions. With a growing global emphasis on nuclear power as a clean energy source, demand for secure, domestic uranium supply is intensifying. The CMB’s established uranium endowment, evidenced by discoveries like the Michelin deposit, coupled with its stable political jurisdiction, positions it as a key exploration frontier.
Azincourt Energy’s strategy leverages this opportune market dynamic by advancing its portfolio of promising uranium assets. The company’s experienced management team is focused on unlocking shareholder value through strategic exploration and development.
**About Azincourt Energy Corp.**
Azincourt Energy Corp. is a Canadian-based resource company focused on the acquisition, exploration, and development of critical energy and mineral projects. The company is actively engaged in advancing its uranium projects, including the East Preston project in Saskatchewan’s Athabasca Basin, and the Snegamook and Harrier uranium projects in Newfoundland & Labrador’s Central Mineral Belt.
**Qualified Person**
The technical information contained within this release has been reviewed and approved by C. Trevor Perkins, P.Geo., Vice President, Exploration for Azincourt Energy. Mr. Perkins is a Qualified Person as defined by National Instrument 43-101.
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