Azincourt Energy Hits Radioactive Zones in First Snegamook Holes as Uranium Term Prices Reach Nominal Record
Pune, India, October 22nd, 2026, FinanceWire
Disseminated on behalf of Azincourt Energy Corp. (TSXV: AAZ) (OTCQB: AZURF) (FSE: A0U0)
Azincourt Energy Corp. (TSXV: AAZ) (OTCQB: AZURF) (FSE: A0U0) said the first two holes of its 2026 drill program at the Snegamook uranium deposit in Labrador intersected zones of elevated radioactivity. The company is working to confirm historical drilling at the site and assess a possible first resource estimate.
The results, released Oct. 14, come as the long-term uranium contract price trades at a record high in nominal terms.
Hole SN0045 twinned historical hole SN-08-06. It cut multiple radioactive zones over a 30 metre interval, the company said. The best result was 0.07% eU3O8 over 0.6 metres, including 0.14% eU3O8 over 0.2 metres. Hole SN0046, drilled...
