After the company made a major announcement yesterday, the Azincourt Energy Corp (OTCMKTS:AZURF) stock emerged as a notable gainer on the markets yesterday and ended the day with gains of as much as 12%. The company announced yesterday that it had been successful in completing the airborne radiometric survey.
In addition to that, Azincourt also provided updates with regards to the preparations that it had made with regards to the drilling program at the East Preston uranium project for 2021-2022. The uranium project is located in the Western Athabasca Basin in the province of Saskatchewan in Canada.
The company had contracted the services of Terralogic Exploration Inc for the purposes of conducting the airborne radiometric survey. The survey was conducted at the southern part of the property that is owned by the company. In addition to that, Terralogic also conducted a range of field investigations in order to look into the resulting anomalies.
The announcements from Azincourt were both vital for the future of the company and provided some much needed clarity to investors with regards to the future course of action. At this point in time, it might be a good move for investors to keep track of the Azincourt stock.