• Azincourt Energy (AAZ) begins the drill program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada
  • The first hole of the 2021 program is designated to test a strongly disrupted portion of the A-Zone conductor
  • TerraLogic Exploration and Bryson Drilling have been contracted to execute the drill program
  • Azincourt currently controls a 70 percent interest in the 25 thousand plus hectare East Preston project
  • Azincourt is a Canadian-based resource company specializing in the strategic acquisition and development of alternative energy/fuel projects
  • Azincourt Energy (AAZ) is up 4.35 per cent and is trading at C$0.12 at 10:21 am EST

Azincourt Energy (AAZ) begins the drill program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada.

The 2021 drill program is the conductive corridor from the A-Zone through to the G-Zone and is based on a compilation of results from the 2019-2020 drill programs.

2018 through 2020 ground-based EM and gravity surveys, and property-wide VTEM and magnetic surveys.

Drilling has commenced south of the A-Zone and will continue southwest along with the AB and G-Zones.

The first hole of the 2021 program is designated to test a strongly disrupted portion of the A-Zone conductor in the vicinity of a left-lateral fault offset and transition from northwest to north-trending controlling structure.

The target is further strengthened by a localized gravity low feature at depth.

The hole is located 500m north of 2019 hole EP19001, which successfully intersected graphite-quartz-pyrite laden fault zones.

“We are excited to begin seeing results from the 2021 drill program,” said Exploration Manager Trevor Perkins.

“These drill results will confirm and refine our exploration model for the East Preston Project,” added Perkins.

The 2021 exploration program will comprise a minimum of a 10-12 hole, 2 thousand to 2500 meter diamond drill campaign.

TerraLogic Exploration and Bryson Drilling have been contracted to execute the drill program, which is being conducted under the guidance and supervision of Azincourt’s Exploration Manager, Trevor Perkins, P.Geo, and Jarrod Brown, M.Sc., P.Geo, Chief Geologist and Project Manager with TerraLogic Exploration.

The 2020 HLEM survey completed in December indicates multiple prospective conductors and structural complexity along the eastern edge of this corridor.

Drilling in the A zone suggests this structural corridor hosts significant graphitic packages within strongly sheared and faulted host lithologies, indicating an environment conducive to the fluid movement and uranium deposition.

Azincourt currently controls a 70 percent interest in the 25 thousand plus hectare East Preston project as part of a joint venture agreement with Skyharbour Resources (TSXV:SYH) and Dixie Gold Inc. (TSXV:DG).

The East Preston Project has multiple long linear conductors with flexural changes in orientation and offset breaks in the vicinity of interpreted fault lineaments – classic targets for basement-hosted unconformity uranium deposits.

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.

Azincourt Energy (AAZ) is up 4.35 per cent and is trading at C$0.12 at 10:21 am EST.

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