Strong First Pass Drill Testing at PLN; Excellent Target Inventory for Next Drill Program

April 7, 2014By adminCEO Blog

“PLN Winter Program Complete – Results Warrant Follow Up” – Uranium analyst, David Talbot (Dundee Securities) following the results of our first JV winter drill, geophysics and radon survey program at PLN in Canada’s Athabasca Basin. The drill program (just under 2000m in seven holes) focused on three separate basement electromagnetic (EM) conductors. We are … Read More

Rising Pressure on Uranium

March 10, 2014By adminCEO Blog

As you can imagine, here at Azincourt we keep a pretty close eye on overall sentiment regarding uranium – whether it comes from journalists, analysts, producers, explorers and investors. In my opinion, attitude towards uranium as a commodity has been slowly and steadily improving for some time now and I wanted to share a few … Read More

Japan – Potential Reactor Restarts in Summer

February 19, 2014By adminCEO Blog

In an article published recently, The Japan News reported that the government of Japan aims to restart about 10 of the nation’s idle nuclear reactors by this summer. This follows the election, by a wide margin, of former health minister Yoichi Masuzoe as the Governor of Tokyo. Masuzoe is a supporter of Japan’s ruling party, which … Read More

Report on Chinese Nuclear Expansion Plans

January 28, 2014By adminCEO Blog

“We believe China is entering a stage of rapid development in nuclear power. From our channel checks, we believe China will lift its installed nuclear power capacity from 13GW in 2012 to 40GW by 2015 and to 60-70GW by 2020.” The statement above is from a recent Merrill Lynch report entitled “China’s five-fold nuclear power … Read More

Exploration and Development – Timing is Key

December 16, 2013By adminCEO Blog

As we come up to the end of the year, it’s worth taking stock of Azincourt’s progress and our plans for next year. The last six months have seen us enter a joint venture agreement with Fission Uranium to explore the PLN (Patterson Lake North) project as well as make the acquisition of two projects … Read More

China’s Uranium Binge

November 12, 2013By adminCEO Blog

China displaced Germany as the world’s top exporter in 2009, exporting almost $1 trillion in goods in that year. However, the country’s need for energy to fuel its export economy has resulted in heavy dependency on fossil fuels, particularly oil. To tackle the increasing requirement for clean energy and to reduce reliance on energy supplies … Read More

Megatons to Megawatts Expiration Signals US Uranium Shortage

November 4, 2013By adminCEO Blog

Nuclear power accounts for 19% of US electricity consumption. But did you know that 10% of all electricity generated in the US comes from a Russian source? Thanks to the Megatons to Megawatts program, decommissioned Russian nuclear warheads have been providing uranium since 1995 to American nuclear plants as fuel. Now, 20 years later 475.2 … Read More