Azincourt Energy reports initial drilling results at Snegamook uranium deposit in Labrador
Bitget2026/10/14 07:06- Azincourt Energy reported initial radiometric results from its 2026 drilling at the Snegamook uranium deposit in Labrador’s Central Mineral Belt.
- Two diamond holes totaling 540 meters intersected multiple zones of elevated radioactivity within brecciated monzodiorite gneiss over 25–30 meter intervals.
- Best intercepts included 0.07% eU3O8 over 0.6 meters in SN0045, 0.05% eU3O8 over 0.5 meters in SN0046.
- Program scope cut to about 2,000 meters across 6–7 holes due to a late start, targeting data for a potential future resource.
- Snegamook has no current NI 43-101 resource; historical drilling outlined uranium mineralization in a 20–50 meter-wide altered breccia zone.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers
In September, Anthropic directly acquired Caterpillar equipment orders worth 3.4 billion USD, securing 1.7 GW of gas generator units, marking the largest single purchase of power generation equipment in AI history. This move bypassed utility middlemen, capturing scarce capacity at prices set years ago with near-term delivery. It is part of Anthropic's plan to invest over 895 billion USD in computing infrastructure by 2045.
Why Nintendo Stock Is One to Watch Ahead of the Holiday Season
A wallet address sold 1.44 million TRX via SunSwap in exchange for 460,000 USDT.
Data: Whales have cumulatively withdrawn approximately 13.4 million USDT from a certain exchange.
Crypto prices
More
