Azincourt Energy - Potential Uranium Discovery with Radioactivity Identified in 800m Alteration Zone

Azincourt Energy is developing critical alternative energy projects for  uranium and lithium. It's core projects are in the clean energy space  focusing on uranium exploration projects in the Athabasca Basin,  Saskatchewan. More importantly they have 3rd party validation  through institutional financing and ownership, to the tune of $8M+, and  that is an important indicator to understanding a companies prospects.  You need viable projects to attract funding, and in this case it is a  large sum of money being devoted to a help Azincourt make a discovery. They clearly have support. Azincourt  controls 70+% of the East Preston Uranium project located in the  Athabasca basin in Saskatchewan that has numerous Uranium deposits, as  well as mines operated by major mining companies. Saskatchewan has been a  prolific jurisdiction for Uranium mining and production for 40+ years  and contains 10 to 100 times the world average Uranium grades. This  makes finding an economic discovery feasible. That is part of the 3rd  party validation that makes Azincourt compelling in the clean energy  space. Azincourt may have already justified the attention and  investment received in advance of their current drill program as they  just announced some very telling early indicators pointing toward a  potential Uranium discovery. On the K-Zone drilling has  intersected extensive hydrothermal hematite alteration in all holes,  indicating this alteration zone is at least 800 meters long. Drill hole  EP0035 intersected an extensive zone of hydrothermal hematite more than  100 meters thick. Within this zone localized elevated radioactivity  identified from both hand-held scintillometers and a downhole gamma  probe was also encountered. Analysis of samples from this zone will be  sent to the lab to evaluate the significance of the elevated  radioactivity in this area. Additional drilling is underway to evaluate  the significance of this alteration zone and to follow-up the elevated  radioactivity identified. On the G-Zone where eight holes have  been completed and one hole is in progress, Extensive alteration and  evidence of east-west cross-cutting structures have been intersected,  along the southern portion of the zone. Additional drilling will be  undertaken to evaluate the significance of this alteration and  associated cross cutting structure. 2 separate zones, 2 Possible  discoveries. Shareholders should pay very close attention to these early  results. Being strategically located in the Athabasca Basin provides a  leverage to discovery few early entrants to the space can demonstrate. Why is Azincourt exploring in These areas? Quite simply the world needs clean energy. The  Uranium Market is demonstrating limited supply and growing demand and  this provides a growth platform for explorco’s to capitalize on the need  for uranium as Nuclear power is one of the safest forms of electricity  generation. Nuclear power capacity worldwide is increasing steadily,  with about 50 reactors under construction. Take a seat ans have a  listen to this great interview with Alex Klenman, President & CEO  of Azincourt Energy (TSX.V: AAZ / OTC: AZURF) as he takes us through the  steps why Azincourt may be the next Smallcap discovery in the  Saskatchewan's prolific Athabasca Basin.