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Azincourt Energy Samples Up to 3.3% Li2O at Lithium Two Project; Confirms Over 100 Pegmatites at Lithman Properties, Manitoba, Canada
Samples return 0.9% to 3.3% Li2O at the FD5 Pegmatite Samples return 0.5% to 2.9% Li2O at the Eagle Pegmatite High purity Spodumene blade sample from FD5 assays
About this update from Azincourt Energy Corp
[{"type":"text","content":" Samples return 0.9% to 3.3% Li2O at the FD5 Pegmatite Samples return 0.5% to 2.9% Li2O at the Eagle Pegmatite High purity Spodumene blade sample from FD5 assays 7.62% Li2O Over 100 pegmatites now mapped at Lithman East/Lithman East Extension projects; assays from more than 200 samples pending VANCOUVER, British Columbia, Aug. 16, 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 provide details on the current lithium exploration program underway in the Winnipeg River Pegmatite Field, Manitoba, Canada. Lithium Two Project – Sample Results The first assays from the summer exploration program have been received and reviewed. Channel samples obtained at the Eagle Pegmatite returned values from 0.5 to 2.9% Li2O (“Lithium Oxide”) (See Table 1). Assays from the FD5 Pegmatite returned values from 0.9 to 3.3% Li2O (See Table 2). The Lithium Two Project contains several known Spodumene bearing pegmatites. The 1100-meter long Eagle Pegmatite was drilled in 1947 with an historic (non-43-101 compliant) tonnage estimate of 544,460 tonnes grading 1.4% Li2O* to the 61-meter level and remains open to depth. The FD5 Pegmatite, located east of the Eagle Pegmatite, has never been drilled. All samples recently obtained at Lithium Two returned lithium values, with 14 samples returning greater than 1000 ppm Li. Highlights from grab samples obtained from the Eagle and FD5 pegmatites are tabled below: Eagle Pegmatite – 2018 Assay Results (> 1000 ppm Li) Sample # UTM E UTM N Type Li2O % Cs ppm Rb ppm Ta ppm 172772 325650 5609759 Assay 0.84 52.1 1640 134 172773 325855 5609806 Assay 2.88 32 551 40.9 172774 325898 5609795 Assay 1.86 43.1 1160 75.9 172775 325804 5609786 Assay 0.87 26.2 658 57.4 172791 325855 5609806 Assay 0.52 54 1020 39.3 Table 1: Eagle Pegmatite – 2018 Assay Highlights FD5 Pegmatite – 2018 Assay Results (> 1000 ppm Li) Sample # UTM E UTM N Type Li2O % Cs ppm Rb ppm Ta ppm 172755 326393 5609879 Assay 0.94 1180 1180 340 172756 326395 5609878 Assay 3.25 217 607 75 172763 326396 5609879 Assay 3.10 158 470 77.7 172764 326397 5609884 Assay 2.97 392 997 213 172766 326396 5609875 Assay 0.25 618 781 116 172767 326403 5609877 Assay 2.00 1...