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Azincourt Uranium Inc. (TSXV:AAZ) has agreed to continue funding exploration work into the second year of its earn-in option at its PLN project. The project is operated by Azincourt’s joint venture partner, Fission 3.0 Corp (TSXV:FUU), and exploration work will start ahead of the mid June anniversary date, with diamond drill holes planned for summer/fall testing.
As quoted in the press release:
The initial exploration program completed in 2014 was successful at proving the prospectivity of the conductive/structural systems that were drill tested, as well as identifying the brand new 8.5 km northern conductor system target and refining targets throughout the entire project area.
Azincourt CEO, Ted O’Connor, said:
The results from the winter program were very encouraging and have increased the prospectivity of PLN. The goal of the initial program was to confirm the geological setting necessary for economic uranium deposit discovery, which the joint venture achieved. The work planned will start immediately and is intended to advance all three project areas this summer with a combination of additional geophysics to refine targets. This will be followed immediately by drilling on land-based targets with additional drilling this coming winter. We are happy to be continuing on into Year 2 of our joint venture with the excellent team at Fission 3.0.
Click here to read the Azincourt Uranium Inc. (TSXV:AAZ) press release
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