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Azincourt Energy Receives Results of 2023 Drilling Program at East Preston Uranium Project

Elevated uranium, dravite clay alteration identified in K and H-Zones VANCOUVER, British Columbia, Aug. 17, 2023 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Az

articleAzincourt Energy CorpAugust 17, 20235/company/azincourt-uranium-inc/news/azincourt-energy-receives-results-of-2023-drilling-program-at-east-preston-uranium-project
Azincourt Energy Receives Results of 2023 Drilling Program at East Preston Uranium Project

About this update from Azincourt Energy Corp

[{"type":"text","content":" Elevated uranium, dravite clay alteration identified in K and H-Zones VANCOUVER, British Columbia, Aug. 17, 2023 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF), is pleased to announce that the sample analysis has finally been received from the 2023 exploration program at the East Preston uranium project in the Athabasca Basin, Saskatchewan, Canada. Drilling for the 2023 program at the East Preston Project consisted of a total of 3,066 meters completed in 13 drill holes between February and March 2023.   Drilling was focused on the G, K, H, and Q zones (Figure 3) with results reported in a news release dated March 28th, 2023.   Winter 2023 Diamond Drilling Program Highlights A total of 687 samples were collected throughout the program and sent to the Geoanalytical Laboratory at the Saskatchewan Research Council in Saskatoon, Saskatchewan for analysis. As was reported in a news release dated July 11, 2023, there was a delay with the analytical results. After a review of the initial data received from the lab, there were significant quality control issues noted within the results. As part of the quality control process, standards with a known concentration of uranium are inserted in the sample batches. These samples are analyzed to confirm that the results for that batch of samples are within an acceptable range based on the results of the standards. The issues noticed manifested as anomalous results occurring in the samples analyzed immediately following several of the standards. As a result, these samples were reanalyzed. Once the issue was identified, confirmed, and resolved, the company requested that all samples of the affected batches be run through the process to ensure a complete consistent data set. Analysis of the results shows uranium enrichment within the previously identified clay alteration zones along the K, and H- target zones. Uranium enrichment is identified as uranium (U) values and a uranium/thorium ratio (U/Th) above what would normally be expected in the given rock type or area. Drilling on the northeast trending G-Zone (Figure 2) identified extensive hydrothermal alteration and evidence of east-west cross-cutting structures along the southern portion of the zone. The primary rock types in the alteration zone are granodiorite and diorit...

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