Azincourt Energy Provides Update for East Preston Uranium Project, Athabasca Basin, Saskatchewan - Seite 2

Drilling has confirmed that identified geophysical conductors comprise structurally disrupted zones that are host to accumulations of graphite, sulphides, and carbonates. Hydrothermal alteration, anomalous radioactivity, and elevated uranium have been demonstrated to exist within these structurally disrupted conductor zones.

The first drill holes will be placed on the south end of the G-Zone, to follow up alteration and cross structures intersected in Holes EP0030 and EP0037. When the second trill rig arrives on site, it will commence drilling on the K and H Zones where a significant alteration package has been identified.

“We are excited to return to the property and continue drilling where our 2022 program left off. The previous program has shown that we have a significant alteration system present on the property,” said Azincourt’s VP, Exploration, Trevor Perkins. “The next step is finding the extent of this system and identifying where within that system the alteration fluids are focusing and where we need to chase the increasing intensity. We need to focus in on the most responsive areas, and confirm what these anomalous areas have to offer,” continued Mr. Perkins.

2022 Drill Target Areas at the East Preston Uranium Project:
https://www.skyharbourltd.com/_resources/images/2022-Drill-Holes-and-T ...

Drilling has confirmed that identified geophysical conductors comprise structurally disrupted zones that are host to accumulations of graphite, sulphides, and carbonates. Hydrothermal alteration, anomalous radioactivity, and elevated uranium have been demonstrated to exist within these structurally disrupted conductor zones.

“We’re eager to continue to explore these highly prospective corridors,” said Azincourt’s CEO, Alex Klenman. “Each program to date has continued to vector in the right direction. Last year for the first time we were able to delineate substantial zones of hematite alteration, some of it almost 200 metres wide. We started to get into the clays and hit some elevated zones of uranium enrichment. These are incrementally positive results, and we are hopeful targeting specific areas within these zones will continue to get us closer to impactful discovery,” continued Mr. Klenman.