WHY ARE THE ELEMENTS OF POWER DRIVING MASSIVE INVESTMENTS?
- There is a paradigm shift happening right now
- The future of lithium-ion Battery Grid Storage is here now
- The Electric Vehicle revolution is on the cusp of breaking out
- Lithium is an essential metal to power EVs
- Lithium demand to increase 2,898% in a 100% EV World
- Electricity demand to increase 76% by 2030, 150% by 2035
- Reactor Builds are at a 25 year high
Better supply chains of Lithium and Uranium are necessary
Azincourt Energy is determined to be part of the solution to the increasing demand for battery metals, for today and tomorrow’s EV revolution.
“The lithium market is obviously very strong right now, and the near-term future for lithium demand remains extremely positive. Our decision to expand Azincourt’s focus to include lithium and other materials is something we feel strongly about. To get a foothold and exposure in this environment, at this time, is an important and strategic step for us."
- Azincourt Energy Chairman, Ian Stalker.
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EAST PRESTON URANIUM PROJECT HIGHLIGHTS
- Azincourt may acquire a 70% interest the Eastern portion of the Preston Project consisting of approximately 25,329 contiguous hectare
- The Preston Project is one of the largest tenure land positions in the Paterson Lake region and currently consists of 121,148 hectares strategically located near NexGen Energy Ltd’s high-grade Arrow deposit, Fission Uranium Corp’s Triple R deposit and AREVA/Cameco/Purepoint’s joint venture (Spitfire).
- AREVA recently optioned 49,635 hectares of the Preston Project for up to $7.3 million in exploration expenditures (see Skyharbour News Release dated March 9, 2017).
- Over CDN$2 million in exploration expenditures on the East Preston Project over the past three years.
- Several high priority drill targets identified within multiple prospective exploration corridors delineated through recent geophysics and ground evaluation.
PATTERSON LAKE NORTH URANIUM PROJECT, ATHABASCA BASIN, SASKATCHEWAN, CANADA
The highly prospective Patterson Lake (PLN) project JV with Fission 3.0.
Prior exploration on PLN includes airborne and ground geophysics and first-pass drilling of a few select targets. 3 separate target areas of PLN are drill-ready with other areas identified for future ground geophysical surveys.
Fission Uranium Corp.’s high-grade uranium discovery at PLS is just 5.7km south of PLN. The two properties are immediately adjacent. The PLS discovery includes high-grade mineralization in bedrock in 3 separate pods, including drill hole intersections as large as 6 m at 35.0% U3O8 in 49.5 m at 6.26% U3O8.
The Athabasca Basin in Saskatchewan, Canada, is the world’s largest source of high grade uranium and supplies over 19% of global uranium requirements.
Leading Technical Team
Fission 3.0 is the Operator at PLN. The Fission technical team has made two major discoveries in three years. The team is led by chief geologist Ross McElroy who has been instrumental in four of the last nine major discoveries in the Athabasca Basin.
Management and Board
Experienced board, management and technical teams with a history of success and a track record of delivering shareholder value.