Azincourt Energy AAZ.V
AAZ News Releases
Hello! To those who have previously received this newsletter, thank you for your continued support and bearing with us. Since our last newsletter, our subscriber base has quadrupled! We thought it best to send out information on our most recent holding Azincourt Energy once again.
Our interest in this company comes from their flagship project: “East Preston” in the Athabasca Basin Saskatchewan, Canada. CEO Alex Klenman had the foresight to orchestrate a joint venture deal for this highly prospective property at a significant discount years ago while uranium prices were still battered. This land package is well positioned with companies such as ORANO, CAMECO and NEXGEN - (all of whom have market caps in the $100 Million plus range and proven resources) in the area. Azincourt being able to seize a premium property in close proximity to major producers is certainly a feather in their cap.
A drilling program of 2000m to 2500m is scheduled for Early 2021 as a result of extensive HLEM, VTEM(tm) and gravity geophysical survey mapping. Multiple high priority targets have been identified ensuring the program is conducted in an time-efficient, cost effective manner. Please see our overview below for additional details.
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Azincourt Energy AAZ.V
Sector: Mining/ Renewable energy
Focus: Uranium, Lithium
Azincourt Energy currently has a 70% stake in the eastern portion of the Preston uranium project with partner Skyharbour Resources. This project is located in the Athabaska Basin, Saskatchewan, Canada which possesses one of the highest concentrations of uranium in the world.
Flagship Project: East Preston (Athabaska basin) Saskatchewan, Canada
Key Points:
Partnered with Skyharbour Resources and Dixie Gold Inc. for the project with a current 70% stake.
The Athabasca basin historically has the highest, richest concentrations of uranium in the world. Up to 100 times the world average.
Exploration companies have been in the area for over forty years.
Expansive land package over 450 Km2 in size.
Over $6 Million invested in drilling and defining targets over the last 3 years.
Large multi-million dollar producers with proven resources such as Cameco, Orano, Nexgen Energy, Fission, Denison among others with extensive land packages are in close proximity to Azincourt’s East Preston project.
Multiple high interest targets have been defined through a combination of HLEM, VTEM(tm) and gravity geophysical surveys throughout the entirety of the property.
The combination of these detailed scans and surveys produced an extensive target-map of the property allowing the geology team to coordinate efficient drilling programs.
Permits are in hand for a 2000m to 2500m drill program scheduled for early 2021.
Drill program is fully funded.
If you have any further questions about this company, please do not hesitate to contact us. We are more than happy to assist you with real-time, up to date information.