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IsoEnergy Ltd.
Summary
| Project: | Larocque East | |
|---|---|---|
| Deposit: | Hurricane Zone | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 3/31/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-3-2020: IsoEnergy Ltd. announces an Exploration/Drilling Update report for its Hurricane Zone deposit at the Larocque East project. Drilling results incl. 7.5m @ 14.5% U3O8, 3.5% Ni from 322.5m. Vancouver, BC, March 31, 2020 – IsoEnergy Ltd. (“IsoEnerg | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andy Carmichael (Internal) | |
| ABSTRACT: | Vancouver, BC, March 31, 2020 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to report additional assay results from the winter 2020 drilling program at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization 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: “These results come at an important time for the uranium mining industry. With the suspension of operations at several uranium mines and mills around the world including at the world’s largest mine - Cameco’s Cigar Lake – we are starting to see uranium prices in the spot market rise strongly in recent days. Should these mines stay offline for an extended period we see further upward pressure on prices as utilities move to secure supply. IsoEnergy continues to be one of the most active uranium explorers globally and the great results from these holes are further evidence of the high-grade nature and significance of the Hurricane discovery. We currently have $3.7 million on hand and so are well funded for 2020 and beyond.” | |
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