Azincourt Announces Summer Exploration Program for PLN

AZINCOURT URANIUM INC. ("Azincourt" or "the Company") (TSX VENTURE:AAZ), and its
Joint Venture partner Fission Uranium Corp. ("Fission") (TSX VENTURE:FCU)
announces an update for their summer exploration plan at Patterson Lake North
("PLN") in the Athabasca Basin. The program, budgeted at $0.53m and expected to
commence early August, will consist of airborne VTEM max and ground Time Domain
Electromagnetic (TDEM) and Magnetotellurics (MT) geophysical surveys. The
surveys will assist in identifying and prioritizing drill targets for the
anticipated 2014 winter program. 


The total budget for the summer and winter programs planned at PLN has been set
at $1.5m, with approximately $1m to be spent on the winter drill program.
Azincourt recently completed a $1.5m private placement to fund the PLN project
work (see news release June 19, 2013).


PLN is immediately adjacent to Fission's joint venture PLS property (Fission 50%
/ Alpha 50%) and 5.7km north of where Fission has discovered high-grade uranium
in bedrock in three separate pods. To date, $4.7m has been spent at PLN,
principally on airborne and ground geophysics.


Ted O'Connor, President and CEO of Azincourt, commented, 

"The purpose of the summer program is to investigate specific key areas on the
project identified from previous exploration and to establish drill targets for
future drill testing. The PLN property is strategically located between the PLS
high-grade uranium discovery to the south and the Shea Creek deposits to the
north. There are a number of positive features on the regional and project scale
that lead us to believe the property is highly prospective, and we are looking
forward to the start of the program." 


Key Program Details

Aeroquest Airborne of Aurora Ontario has been contracted to conduct a 400m
line-spaced VTEM max survey for a total of 303 line-km, to cover the northern
half of the property. The VTEM max survey is designed to provide high resolution
to anomalous conductive areas of interest identified from a previous airborne
magnetic-electromagnetic survey. In addition, a single line 6.3 line-km ground
based magnetotellurics survey is planned as a follow-up to the airborne survey.


Both large loop and small loop time domain electromagnetic (TDEM) surveys are
planned for the southern part of the property to cover a number of highly
prospective EM conductors that have been identified within an interpreted
structurally complex area. Results from the TDEM surveys are expected to provide
sufficient resolution for targeting drill holes.


High grade uranium occurrences in the Athabasca Basin generally occur within
metasedimentary basement terrains with metapelitic lithologies and are
associated with reactivated structural traps with hydrothermal alteration. These
lithological-structural corridors can be prospective for hosting high grade
uranium deposits. Modern geophysical surveys are capable of distinguishing and
identifying lithology, structural features and alteration zones. Proper
interpretation of these survey results can be used to effectively target drill
holes.


PLN Property Setting 

PLN lies within a large basin scale north-east NE trending gravity low
structural corridor coincident with the Clearwater Domain (granite and felsic
gneisses) that also incorporates the adjacent PLS property. The former Cluff
Lake mine and the UEX-Areva Shea Creek deposits (42 km and 27 km to the north
respectively) lie along the western margin of this structural feature. The
recently discovered high-grade uranium mineralization found at PLS located 5.7
km to the south, also lies within this structural corridor. Coincidentally, PLN
also lies within a complex magnetic corridor showing magnetic highs and lows and
breaks in regional major features. Several EM anomalies are evident within PLN,
including what may be interpreted to be the southern extension of the Saskatoon
Lake EM conductor, which itself is associated with the Shea Creek deposit to the
north.


PLN Property 

PLN was acquired by staking in 2004 and became part of the Fission Uranium Corp.
portfolio as part of the Fission Energy/Denison Mines agreement in April 2013.
It comprises approximately 25,000 Ha, and is located about 30 km immediately
south of the UEX/AREVA Anne and Collette uranium deposits near Shea Creek.


PLN is prospective for hosting structurally controlled high-grade uranium
mineralization that is often associated with basement graphitic shear zones
within clay altered metasedimentary basement lithologies. These features have
unique characteristics that can be identified by geophysical surveys.


Qualified Person

The technical information in this news release has been prepared in accordance
with the Canadian regulatory requirements set out in National Instrument 43- 101
and reviewed on behalf of the company by Ted O'Connor, P.Geo. President and CEO
of Azincourt Uranium Corp., a qualified person.


About Azincourt Uranium Inc. 

Azincourt Uranium Inc. is a Canadian based resource company specializing in the
strategic acquisition, exploration and development of uranium properties and is
headquartered in Vancouver, British Columbia. Common Shares are listed on the
TSX Venture Exchange under the symbol "AAZ".


ON BEHALF OF THE BOARD OF AZINCOURT RESOURCES INC.

Ted O'Connor, CEO and President

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


This press release includes "forward-looking statements", including forecasts,
estimates, expectations and objectives for future operations that are subject to
a number of assumptions, risks and uncertainties, many of which are beyond the
control of Azincourt. Investors are cautioned that any such statements are not
guarantees of future performance and that actual results or developments may
differ materially from those projected in the forward-looking statements. Such
forward-looking information represents management's best judgment based on
information currently available. No forward-looking statement can be guaranteed
and actual future results may vary materially.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Azincourt Uranium Inc.
800-789 West Pender Street
Vancouver, BC V6C 1H2
604-662-4955
http://www.azincourturanium.com/
Azincourt Energy (TSXV:AAZ)
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