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Azincourt Energy Provides Update on Drilling at the East Preston Uranium Project
Extensive clay alteration discovered in K-Zone Over 1,500 meters drilled in 8 holes VANCOUVER, British Columbia, Feb. 28, 2023 (GLOBE NEWSWIRE) -- AZINCOURT ENE
About this update from Azincourt Energy Corp
[{"type":"text","content":" Extensive clay alteration discovered in K-Zone Over 1,500 meters drilled in 8 holes VANCOUVER, British Columbia, Feb. 28, 2023 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF), is pleased to provide an update on the 2023 exploration program at the East Preston winter program in the Athabasca Basin, Saskatchewan, Canada. Drilling at the East Preston Project commenced on February 2nd, and to date, 1,686 metres has been completed in 8 drill holes. After some initial startup delays due to extreme weather variations, two drill rigs are now operational on the project. Six drill holes are complete and two are in progress. Drills are currently turning on both the K and H Zones. “We are excited to be continuing where our 2022 program left off. The previous program has shown that we have a significant alteration system present on the property” said VP, Exploration, Trevor Perkins. “Finding the extents of this system and identifying where within that system the alteration fluids are focusing is very important. We need to focus in on the most responsive areas, and confirm what these anomalous areas have to offer,” continued Mr. Perkins. Winter 2023 Diamond Drilling Program The Company is conducting an extensive drill program for the winter of 2023, as reported in news releases dated December 13th, 2022 and January 26th, 2023. Terralogic Exploration Inc. is executing the program 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. The program is planned for approximately 3,000 meters of drilling in 12+ diamond drill holes. The priority will be to continue to evaluate the alteration zones and elevated uranium identified in the winter of 2022 with a focus on the G, K and H Zones (Figure 3). Drilling on the northeast trending G-Zone (Figure 3) was halted with three holes completed 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 northeast trending structure and graphiti...