Monday, September 15, 2025

Azincourt Energy Cuts Winter 2021 Drill Campaign Short Due To Weather Conditions

Azincourt Energy (TSXV: AAZ) this morning announced that it was forced to cut its winter 2021 drill program short as a result of warm weather at its East Preson uranium project in Northern Saskatchewan. The result, is that approximately half of the planned drill program was conducted as a result of safety precautions.

The drill program, which was planned to be a minimum of 10 holes and 2,500 metres of drilling, was cut short at just 1,195 metres completed in five holes. The program was forced to end early as a result of unseasonably warm weather during the first two weeks of March, which negatively impacted ice crossings over rivers and swamps in the region.

The meterage of the program as a result has been delayed until later this year. Options are currently being explored, with such options including a summer 2021 drill campaign, or an expanded winter 2021/2022 drill campaign. Both instances are subject to community consultations and permit approval.

Core is currently being logged from the five holes that were completed, which will then be sent for analysis. Preliminary data from the cores suggest a thick graphitic package and associated structural pattern, which has been indicated as being ideal for uranium mineralization.

Azincourt Energy last traded at $0.10 on the TSX Venture.


Information for this briefing was found via Sedar and Azincourt Energy. The author has no affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Uranium Squeeze: Devastating for Consumers, Windfall for Producers

Uranium is our hot topic in this episode of the Daily Dive featuring Joe Kelly,...

Friday, December 3, 2021, 01:30:00 PM

IAEA Says 2.5 Tons Of Uranium Has “Gone Missing” From Libyan Sites

The International Atomic Energy Agency (IAEA) of the United Nations has reported that roughly 2.5...

Thursday, March 16, 2023, 11:13:25 AM

Orano’s $1.6B Mongolia Uranium Project in Limbo Over Political Tensions

A $1.6 billion uranium mining deal between France and Mongolia, aimed at diversifying France’s nuclear...

Monday, February 26, 2024, 02:05:41 PM

Good Projects Always Find Funding, Even in Bad Markets with Lobo Tiggre

In this interview, Lobo Tiggre, founder of Independent Speculator, provides insights into the junior mining...

Tuesday, October 15, 2024, 01:30:00 PM

Kazatomprom’s Uranium Shortfall Sparks Speculation of Russian Takeover on Supply

Kazatomprom, Kazakhstan’s national atomic company and the world’s largest producer of uranium, is facing significant...

Sunday, August 25, 2024, 09:35:00 AM