AAZ.v retests support @ $.05 With Azincourt Energy (TSXV: AAZ) shares returning for a retest of support at $.5, we could be in for another rebound. When shares bounced from this price in July, they recovered over 60% reaching a price of $.85.
The company will be heading into some big exploration projects this winter. Follow-up drilling is planned for the East Preston Project, where the company is hopeful it will be able to identify the zones of highest uranium concentration on the property.
AAZ is also preparing for its first drill campaign at the Hatchet Lake project this fall. Three target areas have been selected on the Hatchet Lake property for initial work. The priority drill targets are the SW Scrimes and Upper Manson areas, which are considered drill ready once some initial ground reconnaissance is completed. Drilling will focus on conductive packages with associated radioactive boulders to identify and vector towards potential sources for said boulders.
AAZ.v is currently trading at $.5, valued at $11.37 million.
https://twitter.com/AzincourtAAZ/status/1570114808703516672