Azincourt Energy Corp V.AAZ

Recent News

[SkywalkerofLuke]

Some great recent news for #nuclear with Trudeau proposing the largest package of tax incentives available to nuclear energy and manufacturing to date from the federal government.

AAZ.v AZURF (up 12% today) recently finished their 2023 exploration program at the East Preston #uranium project in the Athabasca Basin and had some significant results.

Highlights

- 3,066m drilled in 13 holes

- Dravite clay alteration identified in K and H-zones

- Over 600 samples sent for analysis

Reason AAZ considers the drilling results to be significant is because a number of major uranium discoveries in the Athabasca Basin were primarily the result of drill testing of strong alteration zones related to conductor features. 

https://www.azincourtenergy.com/news/news-releases/2023/323-zincourtnergyompletesthe2023rillrogramatthea20230328053202.html

[waves1]

It's notably that McArthur River, Key Lake, and Millennium are the other major uranium discoveries in the Athabasca Basin that were primarily the result of drill testing of strong alteration zones related to conductor features; if AAZ's could replicate these discoveries, I'd expect a significant re-rating