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IsoEnergy Ltd.
Summary
| Project: | Radio | |
|---|---|---|
| Deposit: | Radio | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 4/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-4-2017: IsoEnergy Ltd. announces an Exploration/Drilling Update report for its Radio deposit at the Radio project. Drilling results incl. 0.2m @ 143 ppm U from 240.5m. Vancouver, BC, April 11, 2017 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steve Blower (Internal) | |
| ABSTRACT: | Vancouver, BC, April 11, 2017 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV:ISO) is pleased to report on exploration drilling results at the Radio uranium project in the eastern Athabasca Basin of Saskatchewan. Results include the intersection of elevated uranium geochemistry in drill hole RD17-27, and elevated nickel, a common uranium pathfinder element, in several other drill holes. IsoEnergy has completed a two-stage drilling program at Radio, where land accessible targets were drilled during the period September to October 2016, whilst drilling of targets accessible upon ice formation was completed in Q1 2017. IsoEnergy has an exclusive right to earn a 70% interest in the Radio property, which is located 2 kilometres east of the Roughrider uranium deposit. A total of 3,913 metres of drilling was completed in 10 drill holes on the Radio property during January and February, 2017. The focus of the program was to evaluate extensions of the moderate to strong basement clay alteration zone discovered in October, 2016 for high grade basement hosted uranium mineralization. Depth to the sub-Athabasca unconformity at Radio ranges from 170 to 190 metres. Eight of the 10 drill holes targeted the basement clay alteration zone. Some of the drilling infilled gaps on sections tested in 2016, but most consisted of 200 metre step-outs along-strike or 50-100 metre step-outs updip and down-dip. Drill hole RD17-27, a 50 metre step-out up-dip of 2016 drill hole RD16-21A, is the first drill hole at Radio to encounter elevated uranium geochemistry. It intersected 143 ppm uranium over 0.2 metres (240.5-240.7 metres) in a clay altered graphitic fault within the broader zone of basement clay alteration. | |
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