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IsoEnergy Ltd.
Summary
| Project: | Radio | |
|---|---|---|
| Deposit: | Geiger | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 3/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-3-2018: IsoEnergy Ltd. announces an Exploration/Drilling Update report for its Geiger deposit at the Radio project. Drilling results incl. 19.3m @ 1370 CPS from 203.1m. Vancouver, BC, March 13, 2018 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steve Blower (Internal) | |
| ABSTRACT: | Vancouver, BC, March 13, 2018 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has intersected a second zone of elevated radioactivity during a core drilling program at its 100% owned Geiger property (the “Property”) in the Eastern Athabasca Basin region of Saskatchewan. The additional zone of elevated radioactivity has been intersected in drill hole GG18‐09. GG18‐09 is located 1.7 kilometres southwest of drill hole GG18‐08, which recently intersected a zone of elevated radioactivity reported in a news release dated March 5, 2018. Figure 1 shows the location of both drill holes on the Geiger property. The elevated radioactivity in GG18‐09 is relatively thick and straddles the sub‐Athabasca unconformity. Radioactivity measured with a 2PGA‐1000 total gamma down‐hole probe averages 1,370 counts per second (CPS) over 19.3 metres from 203.1‐222.4 metres. The maximum probe value within the interval is just over 7,300 CPS. Figure 2 is a cross‐section showing the location of the mineralization relative to the interpreted geology. The zone of elevated radioactivity is associated with well‐developed and locally massive clay alteration and significant core loss. Analysis of the recovered drill core with a hand‐held spectrometer indicates the radioactivity is due to uranium, but geochemical analysis is needed for final confirmation. The drill core has been sampled and geochemical results are pending. | |
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