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Azincourt Energy Announces Commencement of Work Program on East Preston Project JV
VANCOUVER, British Columbia, Jan. 22, 2018 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSXV:AAZ) is pleased to announce the comme
About this update from Azincourt Energy Corp
[{"type":"text","content":"VANCOUVER, British Columbia, Jan. 22, 2018 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSXV:AAZ) is pleased to announce the commencement of the previously announced exploration work program at the Company’s East Preston uranium project with option partners Skyharbour Resources Ltd. and Clean Commodities Corp. The East Preston project is a highly prospective uranium project located in the western Athabasca Basin, Saskatchewan, Canada. East Preston Program highlights Extensive re-interpretation of historical helicopter-borne VTEM and ground geophysical data by expert geophysical consultants highlights untested conductor systems and corridor trends Ground geophysical program planned to refine drill targets over prospective conductor trends Grid establishment, Horizontal Loop Electromagnetic (HLEM) and Gravity surveys to be used Temporary Camp & Exploration Work permits received from Saskatchewan Ministry of Environment and contractors are mobilizing to start the work program East Preston Project 2017 Geophysical Program Azincourt engaged a highly experienced geophysical consultant, Mr. Lawrence Bzdel, PGeo, to interpret the extensive historical airborne and ground geophysical data set and build on the already rich, previous work. The re-interpretation work has identified and prioritized numerous conductor trends, with the highest priorities being the A, B and D trends, respectively. Trend A is a very long, wide N to NE trending conductive corridor with an observed flexure bound and crosscut by interpreted E-W cross-faults. Trend B is a long linear conductor system coincident with an interpreted NE trending fault. Trend D is a NNW trending conductor system parallel to an interpreted fault. Grid establishment will precede the planned surveys. The grid lines will be perpendicular to the interpreted VTEM conductive trends. The HLEM and Gravity surveys will consist of 50-line km of each method. The HLEM data will be collected with a 200 m Transmitter-Receiver separation, and 50 m station intervals. The survey is designed to accurately identify multiple conductor systems in this shallow depth to basement environment. Unconformity-related uranium deposits are often associated in proximity to basement conductive trends, and represent a first order criteria for discovery. The Gravity survey...