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IsoEnergy Ltd.

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Summary

Project:

Larocque East

Deposit:Hurricane Zone
Location:Canada
Commodities:Uranium-Nickel-Cobalt
Date:4/16/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-4-2019: IsoEnergy Ltd. announces an Exploration/Drilling Update report for its Hurricane Zone deposit at the Larocque East project. Drilling results incl. 8.5m @ 3.2% U3O8, 2.1% Ni, 0.2% Co from 320.5m. Vancouver, BC, April 16, 2019 – IsoEnergy Ltd. (“
Resources:x
CP/QP:[Overall Report]: Andy Carmichael (Internal)
ABSTRACT:Vancouver, BC, April 16, 2019 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce assay results for the last drill holes from the winter 2019 drilling program. Drill hole LE19‐ 12 was collared 75m to the west of the discovery section and intersected 8.5m of 3.2% U3O8, 2.1% Ni and 0.2% Co, including 1.0m of 14.3% U3O8 and 1.1% Ni. The final drill hole of the program, LE19‐13, was collared 75m east of the discovery section and intersected 2.5m of 0.6% U3O8, 0.2% Ni and 0.5% Co, including 0.5m of 1.6% U3O8, 0.4% Ni and 1.1% Co. The Hurricane zone is a new discovery of shallow (330m below surface), high‐grade uranium mineralization on the Company’s 100% owned Larocque East property (the “Property”) in the eastern Athabasca Basin of northern Saskatchewan (Figure 1). The Company recently completed the first follow‐up drilling program after the discovery intersection in July 2018. Eleven of the twelve drill holes in the follow‐up winter campaign intersected significant uranium mineralization. Hurricane now measures 150m (long) x 38m (wide) x up to 8.5m thick. The zone is open on all five sections drilled to date and along strike in both directions. The Company, having raised $5.5 million in December 2018, remains fully funded for a follow‐up drilling campaign that is planned for the summer.

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