Azincourt Partners with FOBI to Utilize AI and Data Analytics at the East Preston Uranium Project

Azincourt Energy Corp. ("Azincourt" or the "Company") (TSX.V: AAZ, OTC: AZURF) is pleased to announce that it has entered into a data consulting agreement with FOBI AI Inc. (TSX.V: FOBI), a global leader in providing real-time data analytics through artificial intelligence ("AI") to drive operational efficiencies and profitability.

FOBI will assist Azincourt in the development of an operational intelligence platform to help transform legacy and in some cases antiquated but commonly used practices in the mining and exploration sector.   FOBI will introduce the use of artificial intelligence applications and data mining techniques that analyze vast amounts of aggregated data, detecting patterns and consistencies that may not be readily apparent otherwise, and can potentially provide more efficient road maps to allow the Company to generate more impactful drill holes in less time, and with less cost.

The 1-year, $250,000 contract with FOBI will allow Azincourt to benefit from FOBI's experience developing and deploying real-time applications and operational solutions across various data applications at scale. FOBI will architect and deploy it's established AI and operational applications in an effort to support Azincourt's goal of making discovery and delineating a resource at its East Preston uranium project.

"This partnership with FOBI AI gives Azincourt  the opportunity to apply leading edge technologies to our efforts at East Preston," said CEO, Alex Klenman. "I think it's incumbent upon us to explore new exploration techniques that can help guide us towards significant discoveries. Artificial Intelligence, machine learning algorithms and rapid big data analysis clearly have a place in our future and we're eager to apply these new techniques to uranium exploration. There are multiple applications we can utilize here, and I'm excited to begin working with FOBI and their innovative team. I think this is a tremendous opportunity to Azincourt," continued Mr. Klenman

"I see the exploration and mining sector as a very lucrative opportunity for FOBI," said Rob Anson, CEO of FOBI. "This agreement with Azincourt will allow FOBI  to demonstrate the power of our real-time operational data applications and real time analytics and insights to provide Azincourt with leading edge technology, strategies, and necessary applications to streamline and automate manual current applications. FOBI will continue to drive new innovation and best practices to improve the industries existing antiquated operational and data systems. The powerful combination of FOBI's artificial intelligence and real time big data applications will be key to enabling Azincourt to make faster, smarter, data driven decisions which ultimate will be key to driving further success in regard to the Company's operational efficiencies and performance," continued Mr. Anson.

About FOBI

FOBI is a cutting-edge data intelligence company that helps clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. FOBI's unique IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premises platforms creating highly scalable solutions for our global clients. FOBI partners with some of the largest companies in the world to deliver best-in-class solutions and operates globally in the retail, telecom, sports & entertainment, casino gaming, and hospitality & tourism industries. For more information, please visit www.fobi.ai .

About Azincourt Energy Corp.

Azincourt Energy is a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements. The Company is currently active at its majority-owned East Preston uranium project in the western Athabasca Basin, Saskatchewan, Canada, and the Escalera Group uranium-lithium project located on the Picotani Plateau in southeastern Peru.

ON BEHALF OF THE BOARD OF Azincourt Energy Corp.

"Alex Klenman"
Alex Klenman, President & CEO
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:

Alex Klenman, President & CEO
Tel: 604-638-8063
info@azincourtenergy.com

Azincourt Energy Corp.
1430 – 800 West Pender Street
Vancouver, BC V6C 2V6
www.Azincourtenergy.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

New Age Metals

New Age Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
New Age Metals

New Age Metals

Overview

New Age Metals Inc. (TSXV:NAM; OTCQB:NMTLF; FSE:P7J.F) is a green metals exploration company with two mineral divisions. Their Platinum Group Metal (PGM) Division is currently developing its flagship 100% owned River Valley PGM project in the Sudbury mining district of Ontario, Canada.

The River Valley project is the largest undeveloped primary PGM deposit in North America. In January 2019, an updated NI-43 101 calculation stated pit-constrained measured and indicated resources of 2.37 million ounces of PGMs and gold which is 2.86 million ounces of palladium equivalent. This is complimented by an inferred resource of 0.84 million ounces of PGMs and gold and 1.05 million ounces of palladium equivalent. This updated resource included a four-kilometer extension to the previous mineralized zone, which was acquired in the 2016 and now called the River Valley Extension.

Keep reading...Show less

Developing PMG and Lithium Properties in Canada

Stallion Uranium Announces Grant of Options

Stallion Uranium Announces Grant of Options

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Stallion Uranium Corp. (the " Company " or " Stallion " ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that under the Company's stock option plan dated October 8, 2024 (the " Plan "), the Company has granted a total of 3,100,000 stock options (" Options ") to certain directors, officers and consultants of the Company.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Purepoint Uranium Closes Final Tranche of $6 Million Private Placement

Purepoint Uranium Closes Final Tranche of $6 Million Private Placement

Purepoint Uranium Group Inc. (TSXV: PTU,OTC:PTUUF) (OTCQB: PTUUF) ("Purepoint" or the "Company") announces the closing of the final tranche of its previously announced private placement (the "Private Placement") comprising of a combination of:

  • 5,768,824 Saskatchewan charity flow through units (the "SK Flow Through Units") at a price of $0.65 per unit for aggregate gross proceeds of $3,749,735.60; and
  • 3,041,295 National charity flow through units (the "NT Flow Through Units", together with the SK Flow Through Units, the "Flow Through Units") at a price of $0.59 per unit for aggregate gross proceeds of $1,794,364.05.

"This final tranche not only completes our raise but strengthens our alignment with IsoEnergy and reinforces our shared commitment to long-term uranium discovery in the Basin," said Chris Frostad, President & CEO of Purepoint. "With exploration now underway across several properties, this financing ensures we can move into the fall and winter seasons with both momentum and flexibility."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Alvopetro Announces August 2025 Sales Volumes

Alvopetro Announces August 2025 Sales Volumes

Alvopetro Energy Ltd. (TSXV: ALV,OTC:ALVOF) (OTCQX: ALVOF) announces August sales volumes of 2,375 boepd, based on field estimates. In Brazil August sales volumes averaged 2,257 boepd, including natural gas sales of 12.7 MMcfpd, associated natural gas liquids sales from condensate of 132 bopd and oil sales of 9 bopd. The large relative contribution of production from our 100% Murucututu field in August relates to the start of production from our 183-D4 well which commenced production later in August. From August 20 through September 3 the 183-D4 well produced at an average rate of 162 e 3 m 3 d (5.7 MMcfpd, 954 boepd) and we recovered 5,482 barrels of completions fluid and 1,033 barrels of natural gas liquids from condensate. Over the past 24 hours the well is producing through a constant 3664"choke at an average rate of 179 e 3 m 3 d (6.3 MMcfpd, 1,052 boepd) with a 1,015 psi flowing wellhead pressure and recovered 151 barrels of condensate (total well production 1,203 boepd) and 117 barrels of completions fluid. There are 10,322 barrels of 15,806 barrels of completions fluid left to recover. Given these extremely strong production results we are currently producing the Murucututu field from this single well as we are limited by our current facility capacity at Murucututu. As we continue to monitor these initial flow results, we will be evaluating options to improve production capacity of the system to allow for more production from the Murucututu field.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Stallion Uranium Completes Second and Final Tranche of Oversubscribed $15,000,000 Non-Brokered Private Placement

Stallion Uranium Completes Second and Final Tranche of Oversubscribed $15,000,000 Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Stallion Uranium Corp. (the " Company " or " Stallion " ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that it has closed a second and final tranche of its previously announced non-brokered private placement of units and flow-through units (the " Offering "). This closing consisted of 22,305,600 units of the Company (each a " NFT Unit ") at a price of $0.20 per NFT Unit for aggregate gross proceeds of $4,461,120 and 30,139,600 flow-through units (each a " FT Unit ") at a price of $0.20 per FT Unit for aggregate gross proceeds of $6,027,920.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
New Age Metals

New Age Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×