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Azincourt Energy Pursuing the Next Uranium Discovery in Saskatchewan's Prolific Athabasca Basin
Azincourt Energy is developing critical alternative energy projects for uranium and lithium. It's core projects are in the clean energy space focusing on uranium exploration projects in the Athabasca Basin, Saskatchewan.
More importantly they have 3rd party validation through institutional financing and ownership, to the tune of $6,405,000 through a recent raise, and that is an important indicator to understanding a companies prospects. You need viable projects to attract funding, and in this case it is a large sum of money being devoted to a help Azincourt make a discovery. They clearly have support.
Azincourt controls 70+% of the East Preston Uranium project located in the Athabasca basin in Saskatchewan that has numerous Uranium deposits, as well as mines operated by major mining companies. Saskatchewan has been a prolific jurisdiction for Uranium mining and production for 40+ years and contains 10 to 100 times the world average Uranium grades.
This makes finding an economic discovery feasible. That is part of the 3rd party validation that makes Azincourt compelling in the clean energy space.
Azincourt's plans are to add to the discoveries made in this prolific basin They have priority drill targets identified within 30+ kilometers of prospective exploration corridors and have established a 2021-2022 drill program plan of 6,000 –7,000metres in 30 planned holes.
The funding & permits are in place, and being strategically located in the Athabasca Basin provides a leverage to discovery few early entrants to the space can demonstrate.
Why is Azincourt exploring in These areas? Quite simply the world needs clean energy.
The Uranium Market is demonstrating limited supply and growing demand and this provides a growth platform for explorco’s to capitalize on the need for uranium as Nuclear power is one of the safest forms of electricity generation. Nuclear power capacity worldwide is increasing steadily, with about 50 reactors under construction.
Take a seat ans have a listen to this great interview with Alex Klenman, President & CEO of Azincourt Energy (TSX.V: AAZ / OTC: AZURF) as he takes us through the steps why Azincourt may be the next Smallcap discovery in the Saskatchewan's prolific Athabasca Basin.
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