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Azincourt Energy to Conduct Summer Exploration Program at Big Hill Lithium Project, Newfoundland
VANCOUVER, British Columbia, July 11, 2023 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF), is pleased to p
About this update from Azincourt Energy Corp
[{"type":"text","content":" VANCOUVER, British Columbia, July 11, 2023 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF), is pleased to provide an update on summer exploration plans at the Big Hill Lithium Project in southern Newfoundland, Canada. The Big Hill Lithium Project is a 7,500-hectare Lithium-Cesium-Tantalum (“LCT”) exploration property located in southwestern Newfoundland, Canada. The project is located along the south side of the Hermitage Flexure, approximately five kilometres south of the Benton/Sokoman JV partnership (“the Alliance”) discovery of the Kraken Lithium Pegmatite Field (Figure 1). The project lies within the Burgeo Plutonic Complex and numerous granite dykes can be seen cutting the Burgeo granites. Coarse-grained pegmatite dykes greater than 2 meters wide and 20 meters long occur south of the property and are anticipated to be present on the Big Hill exploration licenses. Figure 1: Location of the Big Hill Lithium Project, Southern Newfoundland, Canada Images: Outcrops at the Big Hill Lithium Project Devonian plutonic suites in the Canadian Appalachians are locally associated with Sn, W, Mo, and Indium mineralization in breccias, stockworks and vein type settings. In southwestern Newfoundland, some of the most mineralogically prospective plutons are part of the Burgeo intrusive suite and host Lithium-bearing pegmatites adjacent to their intrusive-metasedimentary-metavolcanic boundaries. This relationship suggests that there may be tectonic and/or structural controls on pluton emplacement and localization of mineralization. Preliminary prospecting at Big Hill has identified four known target areas, based on extrapolation of bedrock geology, structural disaggregation of stratigraphic blocks, and apparent folding and late shear faulting. Similar structural elements are observed in the Kraken Lithium Pegmatite field although the host rocks differ in terms of deformation. These targets are known as the River, Road, MK, and Ridge Targets and will be the focus of the initial exploration. Other information suggesting potential for lithium-bearing pegmatite mineralization comes from extrapolation and evaluation of multiple shear fault orientations projected onto the property. The strike length of the targets ranges up to approximately 200 meters. Summer Exploration Plans No lithium speci...