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Energy
Azincourt Energy Corp. (TSXV: AAZ) Enters Agreement for Harrier Uranium Project Expansion
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Highlights
Azincourt Energy Corp. (TSXV: AAZ) (OTCQB: AZURF) has entered into an agreement with Koba Resources Limited and Uranidor Resources Limited to acquire and expand its holdings in the Harrier Uranium Project, located in the Central Mineral Belt of Labrador, Canada. The project’s expansion is part of Azincourt’s ongoing exploration strategy to increase its uranium portfolio.
Under the terms of the assignment and amendment agreement, Koba has transferred its option to acquire a 100% interest in the Harrier Project. This transfer includes the mineral claims comprising 48,975 hectares of land. The Harrier Project is situated adjacent to Azincourt’s existing Snegamook uranium project, which increases the company’s total land holdings to 49,400 hectares. The project hosts 12 zones with known uranium mineralization, including high-grade assays reaching up to 7.48% U3O8.
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