AAZ Azincourt Energy Corp

Azincourt Resources Inc. (TSX VENTURE:AAZ) (the "Company" or "Azincourt")
announces that, in keeping with its focus on uranium exploration at the
Patterson Lake North project and in light of the moderate results from
operations to date, it has assigned all of its interests in an option to acquire
the Forgold gold exploration property (the "Forgold Property") to an arm's
length private mineral exploration company ("Privco") in consideration of Privco
assuming all of Azincourt's obligations under its option agreement, and the
grant to Azincourt of a 2.0% net smelter returns royalty upon Privco earning an
interest in the Forgold Property.


The Forgold Property is comprised of 25 contiguous mineral claims located in the
Iskut River District in northwestern British Columbia. The Company was granted
an option in June 2011 to acquire a 100% ownership interest in the Forgold
Property, subject to a 2.0% NSR. The Company has carried out an initial
exploration program on this property, in accordance with a work program
recommended under a technical report dated November 14, 2011 (as amended) and as
described in the Company's prospectus dated January 31, 2012.


ON BEHALF OF THE BOARD OF DIRECTORS.

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Azincourt Resources Inc.
Dwane Brosseau
Investor Relations
Direct: 604 662 4955
dwane@azincourturanium.com
www.azincourturanium.com

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