Azincourt Energy Announces Commencement of Work Program on East Preston Project JV
1430 – 800 West Pender Street
Vancouver, BC V6C 2V6
www.azincourtenergy.com
Azincourt Energy Announces Commencement of Work Program on East
Preston Project JV
Vancouver B.C., January 22, 2018 - AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”;
TSXV: AAZ, OTC: AZURF) is pleased to announce the commencement of the previously announced
exploration work program at the Company’s East Preston uranium project with option partners
Skyharbour Resources Ltd. and Clean Commodities Corp. The East Preston project is a highly
prospective uranium project located in the western Athabasca Basin, Saskatchewan, Canada.
Figure 1 – East Preston Project Location Map
East Preston Program highlights
Extensive re-interpretation of historical helicopter-borne VTEM and ground geophysical data by
expert geophysical consultants highlights untested conductor systems and corridor trends
Ground geophysical program planned to refine drill targets over prospective conductor trends
Grid establishment, Horizontal Loop Electromagnetic (HLEM) and Gravity surveys to be used
Temporary Camp & Exploration Work permits received from Saskatchewan Ministry of
Environment and contractors are mobilizing to start the work program
East Preston Project 2017 Geophysical Program
Azincourt engaged a highly experienced geophysical consultant, Mr. Lawrence Bzdel, PGeo, to
interpret the extensive historical airborne and ground geophysical data set and build on the already
rich, previous work. The re-interpretation work has identified and prioritized numerous conductor
trends, with the highest priorities being the A, B and D trends, respectively.
Figure 2 - East Preston Survey Grid Location
Trend A is a very long, wide N to NE trending conductive corridor with an observed flexure bound
and crosscut by interpreted E-W cross-faults. Trend B is a long linear conductor system coincident
with an interpreted NE trending fault. Trend D is a NNW trending conductor system parallel to an
interpreted fault.
Grid establishment will precede the planned surveys. The grid lines will be perpendicular to the
interpreted VTEM conductive trends. The HLEM and Gravity surveys will consist of 50-line km of
each method.
The HLEM data will be collected with a 200 m Transmitter-Receiver separation, and 50 m station
intervals. The survey is designed to accurately identify multiple conductor systems in this shallow
depth to basement environment. Unconformity-related uranium deposits are often associated in
proximity to basement conductive trends, and represent a first order criteria for discovery.
The Gravity survey will record measurements at 50 m station intervals. Subtle gravity low anomalies
can highlight areas of alteration and structural disruption. Gravity highs may represent basement
topography, which are also associated with unconformity-related uranium deposits.
This initial ground geophysical program is expected to yield drill targets within previously untested
corridors. The Company expects to generate enough targets for several drill programs.
“We are happy to get to work at East Preston, the timing is excellent,” said Alex Klenman, president
and CEO. “With the uranium sector poking it’s head out of an extended hibernation, we feel that
along with the addition of lithium and other critical clean energy elements to our expanding project
portfolio, Azincourt is poised to continue its growth pattern into 2018 and beyond,” continued Mr.
Klenman.
Qualified Person
The technical information in this news release has been prepared in accordance with the Canadian
regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of the
company by Ted O’Connor, P.Geo. a director of Azincourt Energy Corp., as well as a qualified
person.
About Azincourt Energy Corp.
Azincourt Energy is a Canadian-based resource company specializing in the strategic acquisition,
exploration and development of alternative energy/fuel properties, including uranium, lithium, cobalt
and other elements.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release includes “forward-looking statements”, including forecasts, estimates, expectations and
objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of
which are beyond the control of Azincourt. Investors are cautioned that any such statements are not
guarantees of future performance and that actual results or developments may differ materially from those
projected in the forward-looking statements. Such forward-looking information represents management’s best
judgment based on information currently available. No forward-looking statement can be guaranteed and
actual future results may vary materially.
For further information please contact:
Alex Klenman, President & CEO
Tel: 604-638-8063