IsoEnergy Makes High-Grade Discovery Ahead of the Expected Uranium Bull Market
The hottest commodity discovery in Canada could come at the end of 2020… and it may have nothing to do with gold.
While gold has had a major run throughout the year, one commodity could show even more promising results for investors.
That’s why Bloomberg says, “Uranium surges 31%… to become the year’s top commodity.”
Barron’s is reporting, “Commodities were hit by the perfect storm this year. Except this one [uranium].”
And one analyst at MorningStar is touting that they expect uranium spot market prices to double from their current prices… all after already having an incredible year.
Uranium prices have spiked recently, in part, because of the huge shift in supply and demand in the markets recently.
In 2018, nuclear power plants consumed about 194 million lbs. of uranium to help produce electricity.
But thanks to mass closures from some of the world’s biggest uranium producers, we may be on track to produce roughly 60% of that – just 120 million lbs. – by the end of the year.
That means nuclear reactors around the world will be looking for more uranium to help power their operations.
In years past, shortages haven’t been a problem because there had been an oversupply of uranium in the markets, leading to a stockpile these consumers could rely on.
But with the biggest mines shut down, that stockpile has been draining quickly.
Which is why prices have gone up from $23.50/lb. to an incredible $34/lb., and experts are expecting they will continue to rise to over $65/lb. in the near future.
If history has taught us anything, it’s shown that uranium prices can shoot up quickly… and when they do, profits from major discoveries can pile up in a flash.
At its highs, uranium prices went from $9 all the way to $160 in 2009. That’s a 17x increase in less than a year.
And because raising uranium prices would serve as great motivation to producers to help refill that stockpile, many analysts are expecting uranium prices will continue to jump in the months ahead.
IsoEnergy investors have already been enjoying the beginning of this expected uranium bull market with quick gains.
Earlier this year they discovered an intersection at what has been touted as the 2nd best drill hole of any commodity, assayed at 8.5m at 34% uranium.
To put that into context with gold discoveries, that would be like drilling 8.5m at over 11 ounces per tonne gold!
Shares are up an impressive 129% just since the beginning of the year, but that could be only the beginning.
As uranium prices continue to trend higher, investors are now eagerly awaiting results of their winter 2020 drilling program.
And their list of stockholders includes a “who’s who” in the uranium markets.
NexGen Energy Ltd. holds 53% of their shares, and they’re joined by Cameco and several other billionaire investors well-versed in today’s booming uranium markets.
But as IsoEnergy continues their major drilling campaign, they have plenty of reason to be excited about the upside based on their prime location in the world’s biggest uranium hotspot.
READ OUR EXCLUSIVE REPORT On how investors could tap into IsoEnergy’s potential Uranium breakthrough.
The Heart of Uranium Country
All of IsoEnergy’s properties are located in the world-renowned Athabasca Basin in northern Saskatchewan, Canada.
The Athabasca Basin is home to the highest grade uranium on the planet, with two of the biggest uranium mines in the world in Cameco’s Cigar Lake and McArthur River mines.
The uranium ore in this impressive region is estimated to be assayed at up to 100x the world’s average grade, and it provides about 15% of the world’s uranium supply.
Not only is this abundance of high-grade uranium promising news for IsoEnergy, but they also have the benefit of being located in Canada’s friendliest province for mining.
That means many of the difficulties that other mining companies face in other provinces or countries – like bureaucratic “red tape,” transportation issues, and more – won’t be an issue for IsoEnergy.
Saskatchewan has been rated as the best jurisdiction for mining in each of the past 4 years by the Fraser Institute Survey of Mining Executives.
That’s because the province is politically stable, incredibly supportive of the mining industry, and has excellent infrastructure – allowing uranium to be mined, milled, and moved much easier than in other regions.
In this mining-friendly province, we’ve seen several high-grade uranium discoveries lead to huge gains for early investors.
Take for example the discovery NexGen made at their Arrow property.
In 2016, NexGen discovered the Arrow Deposit with an estimated 256.6 million lbs. of uranium at impressive grades up to 17.85% at its highs, making it some of the highest grade uranium in the world.
After their maiden resource results were announced, they saw shares jump an incredible 244% in just a few months.
Now, IsoEnergy has the chance to follow a similar path as they continue their drilling program at the newly discovered Hurricane Zone on their Larocque East property.
Their share prices have already more than doubled this year, but with a promising path ahead in their current drilling program, prices could soar if they continue to uncover more high-grade intersections or expand on the ones they’ve already discovered.
And they’ll be moving ahead with discovery with the help of an experienced team, with decades of experience leading other high-grade uranium discoveries in the region.
For example, Steve Blower, the VP of Exploration, previously served as VP of Exploration for Denison Mines, where he led the team at the Gryphon and Phoenix deposits.
Add to that their respected board members, including the Chairman, Leigh Curyer, the current CEO of NexGen, and the other directors who were all founding board members at NexGen as well.
Plus, IsoEnergy just added Peter Longo to the team to help lead development. He brings valuable experience to IsoEnergy’s projects, having worked at both the McClean Lake and the world-famous Cigar Lake mines.
Prior to joining IsoEnergy, Peter was the VP Project Development at Denison Mines and VP Operations at Claude Resources.
At Denison Peter led the advancement of the Wheeler River project, including the In-Situ Recovery (ISR) mining method for high-grade unconformity hosted uranium at the Phoenix deposit.
IsoEnergy has already discovered several intersections of extremely high-grade uranium in their summer 2020 campaign – some of the thickest and highest grade intersections of the past few years.
This is exciting news for IsoEnergy as this could make them the newest acquisition target on a list of lucrative cash-only acquisitions in this high-grade uranium region.
For example, Rio Tinto Ltd. acquired Canadian minor, Hathor Exploration, in 2012 for an enormous $587 million in an all-cash deal.
But with IsoEnergy’s current market cap sitting at just $92 million, this could serve as a significant catalyst for shares to soar if a major were to acquire them in a deal even half as rich as the Rio Tinto deal.
With things heating up in the Athabasca Basin, IsoEnergy has been making big moves to increase their stake in the area… and it could mean big news for investors in the months ahead.
Learn how investors could tap into IsoEnergy’s potential Uranium breakthrough – READ OUR EXCLUSIVE REPORT
The Next Uranium Bull Market?
After discovering some of the highest grade drill holes of any commodity throughout the year so far, IsoEnergy is quickly expanding their footprint in the area.
They started with only 5 small properties but have doubled down on their plan to tap as much of the uranium-rich Athabasca Basin as possible.
They’re now up to 27 properties, with a land package similar to some of the major mining companies in the area.
But being a smaller mining company, that means even more upside for IsoEnergy and their investors as they move ahead with their winter drilling program.
Part of the excitement comes after a massive paradigm shift around 2012 opened the door for even more opportunity across the region.
Prior to NexGen’s Arrow discovery, miners weren’t aware that large uranium deposits could be found in the basement structures and left these areas untapped in previous drilling campaigns.
But after large deposits were discovered in these structures at Arrow, it’s had plenty of folks in the industry circling back to retest old drill holes and see what they may have missed.
That’s exactly what IsoEnergy is doing at their primary drilling target at their Larocque East property and with some impressive initial results.
They acquired their property in May 2018 from Cameco, and within 6 short weeks, VP of Exploration Steve Blower had rigs on the property.
Two weeks later, they discovered the Hurricane Zone – their newest and most promising drill target.
This is the kind of insight and quick action that has investors so enthusiastic about the potential IsoEnergy is tapping into in this region.
Their biggest discovery to date has been in hole LE20-34, assayed at 8.5m at 34% uranium.
Again, putting this in terms of gold discoveries, that would be like drilling 8.5m at 496 g/t gold.
These are grades almost unheard of in other parts of the world, but these are the kinds of discoveries we’ve come to expect in much of the Athabasca Basin.
But that’s not the only target they’ve got their eyes on.
With 27 total properties and counting, IsoEnergy has several others showing lots of promise in the days ahead.
Their Geiger property, for example, could still have plenty of high-grade uranium hiding in their 56 historical drill holes.
After the industry’s paradigm shift, they plan to return to these holes and follow up to determine if there may be more high-grade uranium hiding in plain sight.
At IsoEnergy’s Radio property, they’re eager to see what’s beneath the surface as this lies just 2 km from Rio Tinto’s Roughrider uranium deposit.
That’s the same deposit that was acquired for $587 million – and the Radio property is directly on-trend with this multi-million dollar uranium hotspot.
Finally, they’ve got their Thorburn Lake Property, which was previously NexGen’s highest priority target before the enormous discovery at Arrow.
That’s because it’s within 7 km of other major uranium deposits like Sand Lake, Thorburn Lake, and Cigar Lake – the latter being one of the largest high-grade uranium deposits in the world.
With their discovery in a prime location near the world’s greatest uranium deposits, IsoEnergy is chomping at the bit to advance the project.
And with the benefit of having NexGen as a majority shareholder, IsoEnergy has plenty of financial resources to fund their drilling programs in the months ahead.
They currently have $14.5 million in the bank, and they’re fully financed for their current exploration, giving them plenty of cash on hand to tap into the exciting project at the Hurricane Zone.
With IsoEnergy being the only junior with a new high-grade uranium discovery, investors are keeping a close eye on what they discover in this world-renowned uranium region.
And with many analysts expecting uranium prices to more than double in the near future, IsoEnergy’s shares could soar if they continue to make the high-grade discoveries they’ve seen close by.
DOWNLOAD OUR NEW REPORT To discover why this could be the most exciting phase for investors in IsoEnergy’s Uranium project.
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