- Permits to allow drilling through 2026
- Planning underway for next drill program
Azincourt looks forward to a continued close working relationship with CRDN and other rights holders to ensure that any potential impacts and concerns are addressed and that the communities can benefit from activities in the area through support of local business, employment opportunities, and sponsorship of select community programs and initiatives. Local businesses are engaged to provide services and supplies and members of the Clearwater River Dene Nation and surrounding communities have been directly employed on site or to provide support and services to keep the camp and programs running.
“We are very excited to continue working at the
Winter 2024 Program
Planning is underway for a winter 2024 drill program focusing on the alteration zone associated with the K- and H-Zones. The exact size, scope, and budget of this program is still to be determined and will be communicated as decisions are finalized and confirmed.
East Preston Targets
The primary target area on the
Drilling has confirmed that identified geophysical conductors comprise structurally disrupted zones that are host to accumulations of graphite, sulphides, and carbonates. Hydrothermal alteration, relevant clays*, anomalous radioactivity, and elevated uranium have now been demonstrated to exist within these structurally disrupted conductor zones.
* Illite and kaolinite are both indicators of hydrothermal alteration typically found within alteration halos of unconformity uranium deposits. Dravite is a boron-rich clay which is typically found within a larger clay package in close proximity to uranium mineralization in the system. Both illite and dravite have been identified as being significant vectors for the recent
Figure 1: East Preston Project Location –
Figure 2: Road access to the
Figure 3: 2023-24 Target areas at the
About
Azincourt controls a majority 85% interest in the 25,000+ hectare
The targets are basement-hosted unconformity related uranium deposits similar to NexGen’s Arrow deposit and Cameco’s
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
About
Azincourt 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 joint venture
ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.
“Alex Klenman”
Neither the
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:
Tel: 604-638-8063
info@azincourtenergy.com
1430 –
www.azincourtenergy.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/7aba8b72-7772-4395-a4b9-2ae51d78c659
https://www.globenewswire.com/NewsRoom/AttachmentNg/c9ad8b20-705b-4ac7-941a-334412ee18a3
https://www.globenewswire.com/NewsRoom/AttachmentNg/518e010e-b461-417a-a0b5-9ce825caca43
Figure 1: East Preston Project Location – Western Athabasca Basin , Saskatchewan, Canada
Figure 1: East Preston Project Location – Western Athabasca Basin , Saskatchewan, Canada
Figure 2: Road access to the East Preston Uranium Project , Western Athabasca Basin Saskatchewan
Figure 2: Road access to the East Preston Uranium Project , Western Athabasca Basin Saskatchewan
Figure 3: 2023-24 Target areas at the East Preston Uranium Project . Primary target area of dravite and kaolinite clay alteration highlighted in red.
Figure 3: 2023-24 Target areas at the East Preston Uranium Project . Primary target area of dravite and kaolinite clay alteration highlighted in red.
2023 GlobeNewswire, Inc., source