Uran-Aktie mit Chance auf mehrere 100% ?
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Lest euch bitte folgenden Artikel durch:
http://www.wallstreet-online.de/nachricht/...uranium-athabasca-becken
Alles weitere über Azincourt Uranium findet ihr auf der Homepage:
http://www.azincourturanium.com/de/zuhause/
Ich bin gespannt auf die weitere Entwicklung und hoffe hier auch eine einigermaßen vernünftige und sachliche Diskussion.
Azincourt Uranium Inc
PLN Winter Program Planning Underway
Nachrichtenquelle: Marketwired
| 21.10.2014, 15:00 | 15 Aufrufe | 0 | druckversion
SASKATOON, SASKATCHEWAN--(Marketwired - Oct. 21, 2014) - AZINCOURT URANIUM INC. ("Azincourt" or "the Company") (TSX VENTURE:AAZ), is pleased to provide a corporate update and announce that planning is underway on the PLN project for the winter 2015 follow up drill program. The winter program will focus on the encouraging uranium mineralization encountered during the summer drill program as well as finalizing targets on the untested northern N conductor trend and southern Broach Lake conductor system.
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Corporate Update Highlights
◦PLN winter 2015 exploration program planning and targeting underway; approximately 3200 m of diamond drilling is being planned within a budget framework of $1.5 million.
◦The 2014 summer Program was extremely successful with the JV intersecting its first uranium mineralization on the central A1 conductor. The winter 2015 drill program will follow up this mineralization.
◦Winter 2015 drill program to also test targets that have been established on two previously untested areas with multiple conductor systems (N Conductors and Broach Lake Conductors).
◦Peru transaction with Macusani Yellowcake Inc. has been completed - Macusani shares have been distributed to Azincourt shareholders, returning the equivalent of $0.09 per Azincourt share, based on recent Macusani share price.
◦Cost-cutting measures implemented in July have cut overheads almost in half with no on-going costs in Peru.
◦Azincourt continues to review uranium projects, companies and opportunities for sensible growth.
Ted O'Connor, President and CEO of Azincourt, commented:
"Azincourt is committed to completing the Year 2 earn-in at PLN alongside our partner, Fission 3.0. The uranium mineralization and positive features intersected in the summer drilling combined with the two newly developed untested target areas elsewhere on the property highlight PLN is a great project."
"We have successfully distributed proceeds from our Peru projects returning value with future up-side potential to our shareholders through the Macusani consolidation."
"The cost-cutting measures implemented aim to preserve our treasury to better weather the poor, but improving near-term uranium market while meeting our commitments to follow-up the successful and encouraging results at PLN. After building a successful uranium exploration and development company with quality projects and resources in spite of the weak uranium market over the past year, we will continue to focus on exploration, discovery and development to enhance value for our shareholders. Azincourt was very lean to begin with. We have chosen to become even leaner now."
PLN Project Background and Planning
Azincourt completed Year 1 - $1.5 million exploration earn-in funding commitment in June 2014 to earn a 10% interest in PLN from Fission 3.0, the project operator. The Year 1 exploration program enhanced the project prospectivity with encouraging drill results along the central A1 conductor system. Sufficiently encouraged, the Company immediately pushed forward with Year 2 of the option agreement. Azincourt has already funded $1.5 million of the $3 million Year 2 commitment through targeting geophysical surveys and diamond drilling completed during summer 2014.
The summer Program was extremely successful with the JV intersecting its first uranium mineralization on the central A1 conductor in the right rocks with encouraging pathfinder element signatures, alteration and structure indicative of unconformity uranium mineralizing systems. Further follow-up drilling is planned in the central A1-A4 conductor area for winter 2015.
Drill targets have also been established on two previously untested priority target areas with multiple conductor systems. One is located in the northern project area (N Conductor Trend) and the second in the southern project area (Broach Lake Conductor system).
Figure 1 - Patterson Lake North Location of Conductors and Conductive Trends Map: http://media3.marketwire.com/docs/patrerson_lake_map.pdf
The N conductor trend is a newly discovered 8.5 km long system comprising 3 separate west-dipping conductors in northeastern PLN. The Broach Lake system represents shallow-depth, north-easterly trending conductive targets with a similar orientation and flexural trend to the PLS discovery trend.
The untested B conductors at Hodge Lake are also planned to be tested if ice conditions cooperate this winter.
The winter program currently being planned anticipates approximately 3200 m of diamond drilling within a $1.5 million budget framework. This work will satisfy Azincourt's Year 2 exploration funding commitment under the earn-in agreement towards earning a total of 20% interest in the PLN project.
Macusani Transaction
Azincourt vended Minergia SAC, the Peruvian company holding uranium projects and resources in Peru to Macusani Yellowcake Inc. (Macusani) in exchange for shares in Macusani (see Azincourt News Release dated September 4, 2014). The Macusani shares Azincourt received have been distributed to our shareholders as a return of capital.
Shareholders holding Azincourt shares received approximately 1.31415 shares in Macusani for each Azincourt share held, or the equivalent of $0.085 per Azincourt share. Azincourt shareholders can now also participate in the anticipated uranium price and market upside through Macusani, which is a uranium explorer-developer stage company focused on Peru.
Cost Cutting Highlights
◦Director, Officer and Management remuneration cut
◦Contract staff reduction and streamlining Investor Relations programs & consultants
◦Results in 48% Monthly G&A reduction from Q1/2014 levels
◦Additional cost reduction through elimination of Peru costs averaging $35K/month
Opportunities for Growth
Azincourt continues to review projects and opportunities to add quality projects to our portfolio. Despite presently depressed valuations, opportunities must still possess technical and prospectivity merits with good explorability and reasonable likelihood that discoveries can be economic. Azincourt continues to seek these opportunities, and with our global uranium expertise, we are confident we can continue to grow strategically and sensibly.
Patterson Lake North Property
The Patterson Lake North property (PLN) lies adjacent to and north of the Patterson Lake South property, owned by Fission Uranium Corp. (TSX VENTURE: FCU) where uranium mineralization has been traced by core drilling at PLS over 2.24km (east-west strike length) in four separate mineralized "zones" (See Fission Uranium news release August 26, 2014)
PLN was acquired by staking in 2004 and became part of the Fission 3.0 portfolio as part of the Fission Uranium/Alpha Minerals agreement in December 2013. It comprises 27,408 Ha, and is located about 30 km immediately south of the UEX/AREVA Anne and Collette uranium deposits at Shea Creek.
Azincourt has a staged, four year option agreement with Fission 3.0 dated April 29, 2013 whereby Azincourt can earn up to a 50% interest in the PLN project through a combination of option payments and exploration work funding. Approximately $4.7 million has been spent on prior exploration of the property by Fission Uranium. Azincourt has completed Year 1 funding of the option and presently holds a 10% interest. Fission 3.0 is the operator and project manager.
Qualified Person
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Ted O'Connor, P.Geo. President and CEO of Azincourt, a qualified person.
About Azincourt Uranium Inc.
Azincourt is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Vancouver, British Columbia. Azincourt currently holds a 10% interest in the PLN exploration project joint venture with Fission 3.0 in northern Saskatchewan, with an option to earn up to 50% of the project.
ON BEHALF OF THE BOARD OF AZINCOURT URANIUM INC.
Ted O'Connor, CEO and President
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.
Azincourt Uranium Inc.
Ted O'Connor
President & CEO
604-683-8063
ted@azincourturanium.com
There has been a huge sell-off in certain junior companies, especially uranium juniors in Canada these past few weeks. This is in spite of the spot Uranium price rebounding from $28.00 up to $36.50 in the past several weeks and continuing positive news about restarting the Sendai reactors in Japan.
Und sie sammlen gerade für ein neues Project ein.
Ted OConnor, President and CEO of Azincourt, commented,
The shallow basement uranium mineralization and positive results from the summer drilling combined with targets generated on the two new untested areas highlight PLN is an exciting project. The success and large resource identified by Fission Uranium at Paterson Lake South solidifies the area as one of the most compelling high-grade uranium regions in the world. Azincourt is committed to completing the Year 2 earn-in at PLN alongside our partner, Fission 3.0 and we are in the midst of financing efforts to fund the remaining $1.45 million required under the JV agreement, to earn 20% project interest in PLN.
Key Program Details (see Figure 1 PLN 2015 Winter Work Location Map)
7 hole/3,250m of drilling
2 holes on A1 EM Conductor in the SW area of property. Previous drilling on the A1 conductor returned results indicative of a uranium mineralized system. The two new holes will be located 50m and 150m north of hole PLN14-019 which intersected uranium mineralization of 397 ppm uranium over 0.5m within a broader 6.0m interval, targeting the A1 conductor.
2 holes will target the N EM conductors in previously untested north area of property. The N system consist of 3 parallel northwest southeast trending basement EM conductors, interpreted to dip steeply to the west. Geophysics surveys have identified a strong resistivity anomaly associated with the conductors, possibly representing an area of alteration in bedrock. Uranium mineralization in the Athabasca Basin is often associated with large scale structural / alteration systems.
1 hole on the Hodge Lake target a high priority 2014 winter target untested due to unfavorable weather conditions at time of program.
2 holes at Broach Lake target in the south-east area of property. EM conductors at Broach Lake trend in an East-North-East orientation, which is a similar trend to the EM conductors of the Patterson Lake Corridor to the south on Fission Uranium Corps PLS property including the PL3-B conductor, which hosts the very large high-grade Triple R uranium deposit 9.5 km to the south-east.
Ground Geophysics
2 line-km of SMLTEM ground geophysics survey on two prospective EM conductors identified from previously-flown VTEM airborne survey located in the northern region of the property.
PNV-3A EM Conductor: 26 line-km SMLTEM ground geophysics survey. This EM conductor is located in the central region of the property. It has an arcuate shape to it which might be reflective of focal point of 2 major litho-structural orientations coming together (NW-SE and NE-SW fabric), which is a structural setting favorable for deposit development.
PNV-4A EM Conductor: 9.2 line-km SMLTEM ground geophysics survey. This EM conductor is located in the NW area of the property and appears to have a NNW orientation similar to the A1 conductor 7km further to the south, which host the alteration and mineralized system.
Patterson Lake North Property
The Patterson Lake North property (PLN) lies adjacent and to the north of the Patterson Lake South property, owned by Fission Uranium Corp. (TSX:FCU) where the largest undeveloped high-grade deposit in the Athabasca Basin Region was recently announced after just two years of drilling. (See Fission Uranium news release January 9, 2015.) PLN comprises approximately 27,408 ha and is located approximately 30 km immediately south of the UEX/AREVA Anne and Collette uranium deposits near Shea Creek.
Azincourt has a staged, four year option agreement with Fission 3.0 dated April 29, 2013 whereby Azincourt can earn up to a 50% interest in the PLN project through a combination of option payments and exploration work funding. Approximately $4.7 million has been spent on prior exploration of the property by Fission Uranium. Azincourt has completed Year 1 funding of the option and presently holds a 10% interest. Fission 3.0 is the operator and project manager.
Qualified Person
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Ted OConnor, P.Geo. President and CEO of Azincourt, a qualified person.
About Azincourt Uranium Inc.
Azincourt is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Vancouver, British Columbia. Azincourt currently holds a 10% interest in the PLN exploration project joint venture with Fission 3.0 in northern Saskatchewan, with an option to earn up to 50% of the project.
ON BEHALF OF THE BOARD OF AZINCOURT URANIUM INC.
Ted OConnor
Ted OConnor, CEO and President
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 managements best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially.
also auf www.azincourt.com schauen.
Azincourt Uranium Inc.'s board of directors has approved a consolidation of the company's issued and outstanding common shares on the basis of one new common share for every four existing common shares.
Currently, there are 51,640,088 common shares issued and outstanding, and upon completion of the consolidation, there will be approximately 12,910,022 common shares, subject to adjustment for fractional shares.
All outstanding warrants and options will be equitably adjusted, with the number outstanding being reduced by dividing their number by four and their exercise prices being increased by multiplying by four.
The proposed consolidation is subject to TSX Venture Exchange approval.
Azincourt's board and management believe the share consolidation is necessary and is in the best interest of shareholders as it will improve Azincourt's ability to attract new investors and to raise the additional capital necessary to complete year two of its earn-in, and advance the Patterson Lake North property joint venture with Fission 3.
Ted O'Connor, president and chief executive officer of Azincourt, commented: "Azincourt remains committed to completing the year two of our earn-in at PLN alongside our partner, Fission 3.0, and following this necessary share consolidation, we are continuing our financing efforts to fund the remaining $1.5-million required under the JV agreement, to earn 20-per-cent project interest in PLN. The shallow basement uranium mineralization and positive results encountered in the summer drilling, combined with new targets generated on the two untested areas, highlight PLN is an exciting project. The success and large resource identified by Fission Uranium at Patterson Lake South solidifies the area as one of the most compelling high-grade uranium regions in the world."
Patterson Lake North property
The Patterson Lake North property lies adjacent and to the north of the Patterson Lake South property, owned by Fission Uranium Corp., where the largest undeveloped high-grade deposit in the Athabasca basin region was recently announced after just two years of drilling. (See Fission Uranium news release dated Jan. 9, 2015.) PLN comprises approximately 27,408 hectares and is located approximately 30 kilometres immediately south of the UEX/AREVA Anne and Collette uranium deposits near Shea Creek.
Azincourt has a staged, four-year option agreement with Fission 3.0 dated April 29, 2013, whereby Azincourt can earn up to a 50-per-cent interest in the PLN project through a combination of option payments and exploration work financing. Approximately $4.7-million has been spent on prior exploration of the property by Fission Uranium. Azincourt has completed year one financing of the option and currently holds a 10-per-cent interest. Fission 3.0 is the operator and project manager.
We seek Safe Harbor.
2015-02-17 18:29 ET - Rollback
Pursuant to a special resolution passed by directors on Feb. 2, 2015, Azincourt Uranium Inc. has consolidated its capital on a 1:4 new basis. The name of the company has not been changed.
Effective at the opening, Wednesday, Feb. 18, 2015, the shares of will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a mineral exploration/development company.
Postconsolidation
Capitalization: unlimited shares with no par value of which 12,910,022 shares are issued and outstanding
Escrow: nil
Transfer agent: Equity Financial Trust Company
Trading symbol: AAZ (unchanged)
Cusip No.: 05478R110 (new)