Although no further mineralization is expected, the drilling is still in progress at 258m, the company said.

PLN14-019 tested the prospective A1 electromagnetic (EM) conductor, and has intersected two narrow intervals of radioactivity with maximum peak measurements up to a 1450cps over 0.5m.

The holes, PLN14-016, 017, 018, yielded anomalous hydrothermal clay altered intervals, associated with structurally disturbed sections.

Azincourt Uranium president and CEO Ted O’Connor said: "Intersecting radioactivity in graphitic basement structures along the A1 EM conductor proves the fertility of this system and enhances the known prospectivity of the central PLN project area."

Comprising five drill holes, the 1600m 2014 summer drill program at the PLN project follows the results of the winter 2014 program that enabled the refinement of high priority drill targets.