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IsoEnergy Ltd.
Summary
| Project: | Larocque East | |
|---|---|---|
| Deposit: | Hurricane Zone | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 7/11/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-7-2019: IsoEnergy Ltd. announces an Exploration/Drilling Update report for its Hurricane Zone deposit at the Larocque East project. Drilling results incl. 7.0m @ > 1,000CPS (measured with a RS-125 hand-held spectrometer). Vancouver, BC, July 11, 2019 – | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andy Carmichael (Internal) | |
| ABSTRACT: | Vancouver, BC, July 11, 2019 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to report results from drill holes LE19‐15, 16A, 17 and 18. The results include 3.0m of strong uranium mineralization (>1,000 CPS, including 1.0m at >10,000 CPS) in step‐out drill hole LE19‐18, located 100m east of previous drilling plus a 7.0m long intersection (>1,000 CPS, including 6.0m at >5,000 CPS) of strong uranium mineralization in drill hole LE19‐16A. The Hurricane zone is located on the Company’s 100% owned Larocque East property (the “Property”) in the Eastern Athabasca Basin of Saskatchewan (Figure 1). Craig Parry, Chief Executive Officer commented: “The high‐grade Hurricane zone continues to deliver outstanding results with a high discovery rate and low discovery cost. A significant number of the intercepts in holes LE19‐16A and LE19‐18 are greater than 10,000 CPS which is often referred to as being off‐scale. In a short period of time the zone has expanded to a significant body of high‐grade uranium mineralization that measures at least 250m long, 40m across, and is up to 8.5m thick with potential to significantly expand the body in all directions.” Steve Blower, Vice President of Exploration commented: “Based on both radioactivity and thickness, drill hole LE19‐16A cored one of the best intersections drilled to date at the Hurricane zone. Even more impressive is the presence of high‐grade uranium mineralization in LE19‐18, a 100m step‐out to the east. With abundant faulting, alteration and elevated radioactivity in the sandstone above the intersection, we interpret this as an overshoot of the main part of the zone. We eagerly await the results of the follow‐up hole currently being drilled, which will evaluate the potential for thicker mineralization north of LE19‐18.” | |
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