IsoEnergy Ltd. (TSX-V: ISO; OTCQX: ISENF) is a well-funded uranium exploration company with a large portfolio of prospective projects in the Athabasca Basin in Saskatchewan, Canada. In 2018 the Company announced the discovery of a high-grade pitchblende uranium deposit – the Hurricane Deposit – on its Larocque East property. IsoEnergy is led by a team with a track record of success in uranium exploration, development and operations. The Company was founded and is supported by the team at its major shareholder NexGen Energy Ltd (TSX: NXE; NYSE: NXE).
Aggressive exploration programs in 2019 included over 12 km of core drilling in 29 drill holes spread over two campaigns. Results include numerous high-grade uranium intersections, the best of which was 7.0m @ 5.4% U3O8 in drill hole LE19-16A. Hurricane zone mineralization is shallow (330m below surface) and now extends over 500m of strike length, is up to 40m across and up to 10m thick.
IsoEnergy provides investors exposure to the Athabasca Basin’s most recent high-grade uranium discovery, numerous highly prospective projects and high-impact drill targets, all against a backdrop of continued supply cuts, increasing demand and improving uranium prices. Our access to deals, capital and our aggressive approach to acquisitions and exploration are what sets the company up as a major beneficiary of the emerging uranium bull market.
Following the success of our winter and summer 2019 exploration programs, IsoEnergy plans to continue to explore the high-grade Hurricane Deposit trend with drilling set to resume in early 2020.
To learn more about IsoEnergy, please contact: