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Azincourt Energy Completes 2023 Drill Program at the East Preston Uranium Project
3,066 m completed in 13 drill holes Dravite clay alteration identified in K and H-Zones Over 600 samples sent for analysis VANCOUVER, British Columbia, March 28

About this update from Azincourt Energy Corp
[{"type":"text","content":" 3,066 m completed in 13 drill holes Dravite clay alteration identified in K and H-Zones Over 600 samples sent for analysis VANCOUVER, British Columbia, March 28, 2023 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF), is pleased to announce that the 2023 exploration program has been completed at the East Preston uranium project in the Athabasca Basin, Saskatchewan, Canada. Drilling for the 2023 program at the East Preston Project commenced on February 2nd and was complete on March 8th. In total 3,066 metres has been completed in 13 drill holes. After some initial startup delays due to extreme weather variations, two drill rigs were able to complete 12 drill holes and one abandoned due to drilling difficulties. Drilling was focused on the G, K, H, and Q zones with prior progress reported in a news release dated February 28th, 2023. Demobilization of the drill equipment is complete, and the teardown of the camp is underway. Decommissioning of the road is expected to be complete by the first week in April. Winter 2023 Diamond Drilling Program The winter 2023 drill program was executed by TerraLogic Exploration Inc. under the guidance and supervision of Azincourt’s Vice President, Exploration, Trevor Perkins, P.Geo, and Jarrod Brown, M.Sc., P.Geo, Chief Geologist and Project Manager with TerraLogic Exploration. Field activities were supervised by Laura Tennent, B.Sc., Geologist and Project Manager with TerraLogic Exploration. Increased program costs associated with road construction, fuel, supplies, and weather led to an overall reduction in planned meterage and the Joint Venture partners increasing the program budget to facilitate getting as much information as possible this field season. The priority of the drill program was to continue to evaluate the alteration zones and elevated uranium identified in the winter of 2022 with a focus on the G, K, H and Q Zones (Figure 3). Drilling on the northeast trending G-Zone (Figure 3) consisted of three holes to follow up 2022 results. Extensive hydrothermal alteration and evidence of east-west cross-cutting structures have been intersected along the southern portion of the zone. The alteration zone is highlighted with intervals of hydrothermal hematite alteration and extensive evidence for a steep east-west fault cross-cutting the main no...