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IsoEnergy Ltd.
Summary
| Project: | Larocque East | |
|---|---|---|
| Deposit: | Hurricane Zone | |
| Location: | Canada | |
| Commodities: | Uranium-Nickel | |
| Date: | 4/15/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-4-2020: IsoEnergy Ltd. announces an Exploration/Drilling Update report for its Hurricane Zone deposit at the Larocque East project. Drilling results incl. 7.5m @ 22.7% U3O8, 0.4% Ni from 318.5m. Vancouver, BC, April 15, 2020 – IsoEnergy Ltd. (“IsoEnerg | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andy Carmichael (Internal) | |
| ABSTRACT: | Vancouver, BC, April 15, 2020 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to report final assay results from the winter 2020 drilling program at the Hurricane zone. Discovered in 2018 at the Larocque East property, the Hurricane zone is a recent discovery of high-grade uranium mineralization. Larocque East is 100% owned by IsoEnergy and is located in the prolific Eastern Athabasca Basin of Saskatchewan (Figure 1). Craig Parry, Chief Executive Officer commented: “I’d like to congratulate our technical team on these latest results and on the highly successful winter drilling program. Drilling has continued to deliver long intervals of high-grade pitchblende uranium mineralization, confirming Hurricane as major discovery. It is worth noting that the Hurricane deposit is in an exceptional location in the eastern Athabasca close to key infrastructure and only 40km from Orano’s McLean Lake Mill. These latest results from our winter program come at a crucial time for the uranium exploration and mining sector. In recent days we have seen the major producers announce extended closures of their mines and mills which we estimate has reduced global uranium production volumes by over 50%. | |
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