Business
Azincourt Energy Planning Geophysics Program at East Preston Project, Athabasca Basin
The East Preston uranium project is one of two strategic Canadian uranium projects being advanced...
About this update from Azincourt Energy Corp
[{"type":"text","content":"Azincourt Energy Planning Geophysics Program at East Preston Project, Athabasca BasinThe East Preston uranium project is one of two strategic Canadian uranium projects being advanced by AzincourtThe Company intends to conduct follow up exploration at clay alteration zones discovered at East Preston in 2023/2024 Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - AZINCOURT ENERGY CORP. (TSXV: AAZ) (OTCQB: AZURF) (\"Azincourt\" or the \"Company\"), provides an update on proposed exploration activities at the East Preston uranium project in the Athabasca Basin, Saskatchewan, Canada. SUMMARYThe East Preston uranium project is being advanced by Azincourt in addition to its recently acquired Snegamook Uranium Deposit - which the Company intends to advance to resource status in its 2025 work program. The East Preston project is located near the southern edge of the western Athabasca Basin, along a parallel conductive trend between the PLS-Arrow trend and Cameco's Centennial deposit (Virgin River-Dufferin Lake trend).Three prospective conductive, low magnetic signature corridors have been discovered at East Preston. The targets are basement-hosted unconformity related uranium deposits similar to NexGen's Arrow deposit and Cameco's Eagle Point mine.Azincourt intends to conduct follow-up exploration programs to continue testing the clay alteration zones with elevated uranium that were identified in the winters of 2023 and 2024, with a focus on the K and H Zones (areas of dravite and kaolinite clay alteration zones - see figures 2, 3 below). Fall 2025 Geophysical ProgramThe Company is planning a geophysical program for the fall of 2025 on portions of the East Preston project. The feasibility of a radon flux survey over portions of the K- and H-Zones to assist in refining drill targets within previously identified alteration zones is being explored. This type of survey has been useful in highlighting radon anomalies which have either confirmed or led to the discovery of several uranium showings and deposits, including Azincourt's recently acquired Snegamook Deposit in the Central Mineral Belt in Labrador. Winter 2026 Diamond Drilling ProgramThe Company is also planning for a potential follow-up drill program for the winter of 2026, consisting of up to 1,500 meters of drilling in 5 diamond drill holes. The focus of this program w...