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Azincourt Energy Samples High-Grade Li2O up to 3.83% at the Eagle Pegmatite, Lithium Two Project, Manitoba
Additional phase two samples include 2.65% and 3.64% Lithium Oxide (Li2O) Ground work extends Eagle Pegmatite outcropping 300m to the west Abundance of drill ta
About this update from Azincourt Energy Corp
[{"type":"text","content":" Additional phase two samples include 2.65% and 3.64% Lithium Oxide (Li2O) Ground work extends Eagle Pegmatite outcropping 300m to the west Abundance of drill targets established for upcoming maiden drill program VANCOUVER, British Columbia, Oct. 30, 2018 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), in conjunction with its JV partner, New Age Metals (TSX.V: NAM), is pleased to report recent results from the ongoing 2018 exploration program at the Lithium Two project, Cat Lake, in south eastern Manitoba, Canada. Lithium Two Project – Phase Two Results The Lithium Two Project contains several known spodumene bearing pegmatites, most notably the Eagle Pegmatite. Channel samples obtained during the phase two program at the Eagle Pegmatite returned values from 0.12 to 3.8% Li2O (“Lithium Oxide”). In addition, phase two surface reconnaissance and detailed mapping of the western extension as revealed up to 300m of additional outcropping of the Eagle Pegmatite. Samples obtained at the Eagle Pegmatite returned significant lithium values, with many returning greater than 1000 ppm Li. Phase two assay results from the Eagle Pegmatite are outlined in the following table. All samples were analyzed for lithium (lithium oxide), and other elements including Cesium (Cs), Rubidium (Rb) and Tantalum (Ta): Sample # UTM E UTM N Li2O % Cs ppm Rb ppm Ta ppm 172157 325522 5609762 1.57 81.5 2600 230 172159 325522 5609762 3.64 48.7 1320 101 172161 325614 5609749 0.12 53.9 1220 173 172162 325674 5609772 0.12 100 3480 44 172163 325640 5609767 3.83 28.8 789 52 172164 325624 5609767 1.13 77.6 1650 89.2 172165 325624 5609767 1.32 89 1680 104 172166 325450 5609761 0.77 42.3 1180 125 172173 325518 5609674 0.85 96.8 2400 66.5 172275 325803 5609788 1.03 36.7 1060 66 172276 325803 5609788 2.65 47.3 1320 55.6 172277 325855 5609806 0.89 69.3 1290 52.4 172278 325895 5609802 0.84 66.8 2310 43.9 172158 325522 5609762 0.26 46.5 1190 95.9 Table 1: Eagle Pegmatite – Phase Two 2018 Assay Highlights Phase one sampling results from the Lithium Two Project, as reported in the Company news release of August 16, 2018, included values from 0.5% to 2.9% Li2O at the Eagle Pegmatite, and 0.9% to 3.3% Li2O at the FD5 Pegmatite. In addition, a...