Azincourt Energy Targeting Major Uranium Discovery Via 2023 Drill Program

Azincourt Energy is developing critical alternative energy projects and currently exploring for uranium in Saskatchewan's Athabasca Basin, targeting Canada’s next uranium discovery. They are one step closer to that  distinction with the announcement of a 2023 drill program at their flagship East Preston project.   Why is Azincourt pursuing this?   The world needs clean energy and the demand for Uranium is stronger  than available supply, creating a stable price environment and economic reasoning to explore for it. Power  capacity worldwide is increasing with ~50 reactors under construction  and a reduction in overall mining production is pressure on available  supply. This in turn provides confidence for companies looking to make a  discovery. Where is the best place to make discovery? A place where  there is a 40 year history of mining and production. Saskatchewan owns a rich history of Uranium production and up 10 to  100 times the world average Uranium grade that make economic discovery feasible.   is where Azincourt is making it's play, planning an extensive drill program for the winter of  2022-2023. The program will consist of approximately 6,000  meters of drilling in 20+ diamond drill holes. The priority will be to  continue to evaluate 2 alteration zones identified that contain elevated uranium in the last drill program.  The  selection of these trends is based on a compilation of results from the  2018 through 2020 ground-based EM and gravity surveys, property wide  VTEM and magnetic surveys, and the 2019 through 2022 drill programs. The  2020 HLEM survey indicates multiple prospective conductors and  structural complexity along these corridors.  To date, drilling has confirmed that identified geophysical conductors  comprise structurally disrupted zones that are host to accumulations of  graphite, sulphides, and carbonates.  Hydrothermal alteration, anomalous  radioactivity, and elevated uranium have been demonstrated to exist  within these structurally disrupted conductor zones. Key components of the program are road access, camp construction and  diamond drilling. Preparing the access road is expected to commence  immediately, with camp construction commencing by early January. Drill  mobilization to site is expected in mid-January and the program is  expected to be complete by the first week in April.   More  importantly they have 3rd  party validation through institutional ownership up to 30%. This is an  important indicator to  understand a companies’ prospects. You need viable projects to attract  funding, and in this case institutions have demonstrated a continued  desire to support Azincourt's vision of making a major uranium discovery  in Canada   Take a seat and have a listen to this great interview with Alex  Klenman, President & CEO of Azincourt Energy (TSX.V: AAZ / OTC:  AZURF) as he explains how they may be on the verge of a major discovery in Saskatchewan's prolific Athabasca Basin.