Azincourt Energy Names Trevor Perkins Exploration Manager
21 October 2020 - 12:00AM
AZINCOURT ENERGY CORP. (“Azincourt” or the
“Company”)
(TSX.V:
AAZ, OTC: AZURF), is
pleased to announce it has retained C. Trevor Perkins in the role
of Exploration Manager. Mr. Perkins is a Professional Geologist
with wide-ranging experience in planning and executing mineral
exploration programs and managing exploration teams. He brings a
proven track record of discovery and results from a successful
25-year career in mineral exploration in some of the world’s most
prolific mining regions.
For the past five years Mr. Perkins held the
title of Exploration Manage for UEX Corporation, responsible for
overseeing exploration in the Athabasca Basin, Saskatchewan. As a
Qualified Person for UEX’s uranium and cobalt projects, he was
responsible for several 43-101 technical reports and resource
estimates for both the Christie Lake and West Bear Projects. In
addition, he managed the team that made the Ōrora Uranium Deposit
discovery 2017.
Mr. Perkins was also Senior Geoscientist with
Rio Tinto and spent a decade with Cameco Corporation. At Cameco he
served as Vice President, Exploration for Cameco Mongolia, District
Geologist for Europe and Asia, Senior Project Geologist for Arnhem
Land in Australia, and a Project Geologist for Cameco’s Athabasca
projects. As Project Geologist for the McArthur River project, he
lead the team that discovered the McArthur River North Extension
zones (110Mlb U3O8) and as Senior Project Geologist based in
Darwin, Australia, he led the team that discovered the Angulari
Uranium Deposit (20Mlb U3O8).
“We’re extremely pleased to add Trevor to the
team, he will have an immediate impact on our operational plans,”
said CEO, Alex Klenman. “His resume is impressive, particularly in
the uranium space. He has been directly involved in significant
discoveries, and has vital, relevant, project management experience
on a large scale. As we enter the next phase of exploration at East
Preston, we’re confident Trevor’s experience and expertise will aid
us in vectoring towards meaningful discovery,” continued Mr.
Klenman.
“I am exited to be joining the Azincourt Energy
team,” said Mr. Perkins. “The East Preston project has many
promising targets and has the right geological setting to host
basement uranium deposits. I look forward to adding value to the
East Preston Property and our portfolio of projects,” continued Mr.
Perkins.
Mr. Perkins will immediately begin overseeing
the scheduled follow up geophysics program at East Preston and he
will begin preparation work for winter 2020-21 drill plans. Details
on upcoming work programs will be made available in the coming
weeks.
Figure 1: Project Location – Western Athabasca Basin,
Saskatchewan,
Canada: https://www.globenewswire.com/NewsRoom/AttachmentNg/4232b449-ec33-4521-a95b-a69a5be5bb7e
About East Preston
Azincourt is currently earning towards 70%
interest in the 25,000+ hectare East Preston project as part of a
joint venture agreement with Skyharbour Resources (TSX.V: SYH), and
Dixie Gold Inc (TSX.V: DG) (Figure 2: Project Location – Western
Athabasca Basin, Saskatchewan, Canada). Three prospective
conductive, low magnetic signature corridors have been discovered
on the property. The three distinct corridors have a total strike
length of over 25 km, each with multiple EM conductor trends
identified. Ground prospecting and sampling work completed to date
has identified outcrop, soil, biogeochemical and radon anomalies,
which are key pathfinder elements for unconformity uranium deposit
discovery.
The East Preston Project has multiple long
linear conductors with flexural changes in orientation and offset
breaks in the vicinity of interpreted fault lineaments – classic
targets for basement-hosted unconformity uranium deposits. These
are not just simple basement conductors; they are clearly
upgraded/enhanced prospectivity targets because of the structural
complexity.
The targets are basement-hosted unconformity
related uranium deposits similar to NexGen’s Arrow deposit and
Cameco’s Eagle Point mine. East Preston is near the southern edge
of the western Athabasca Basin, where targets are in a near surface
environment without Athabasca sandstone cover – therefore they are
relatively shallow targets but can have great depth extent when
discovered. The project ground is located along a parallel
conductive trend between the PLS-Arrow trend and Cameco’s
Centennial deposit (Virgin River-Dufferin Lake trend).
About Azincourt Energy
Corp.
Azincourt Energy is a Canadian-based resource
company specializing in the strategic acquisition, exploration, and
development of alternative energy/fuel projects, including uranium,
lithium, and other critical clean energy elements. The Company is
currently active at its joint venture East Preston uranium project
in the Athabasca Basin, Saskatchewan, Canada, and the Escalera
Group uranium-lithium project located on the Picotani Plateau in
southeastern Peru.
ON BEHALF OF THE BOARD OF
AZINCOURT ENERGY
CORP.
“Alex Klenman”Alex Klenman, President
& CEO
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 & CEOTel:
604-638-8063info@azincourtenergy.com
Azincourt Energy Corp.1430 – 800 West Pender
StreetVancouver, BC V6C
2V6www.azincourtenergy.com
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