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One to watch: IsoEnergy Ltd’s Uranium exploration and development at the Larocque East property

07 Dec 2020 | by: Kirsteen Mackay

ISOENERGY INC (TSXV:ISO | OTC:ISENF)

Uranium Explorer IsoEnergy Drills Best Hole to Date

When cash is thin on the ground and businesses are going belly up, a cash rich company is worth its weight in gold. Here we have IsoEnergy Ltd (TSXV:ISO | OTC:ISENF), a Uranium exploration and development company worth watching. With $11.8M in the bank, it’s a company well-funded and ready to rock.


To read more of IsoEnergy’s (TSXV:ISO | OTC:ISENF) latest news CLICK HERE


Final Summer Drill Results Delight!

ISOENERGY INC (TSXV:ISO | OTC:ISENF)

IsoEnergy just announced it’s thrilled with its final chemical assay results from its summer drill program. It completed this program at the end of October, at its recently discovered Hurricane zone. This is an area of high-grade uranium mineralization, discovered on IsoEnergy’s 100% owned Larocque East property. The Hurricane zone is in the Eastern Athabasca Basin of Saskatchewan, Canada, where the company owns several assets.

The most noteworthy of the summer drill program results is drill hole LE20-76 drill hole which intersected 7.5m of uranium mineralization. This averages almost 39% U3O8. It also detected 3.5m of off-scale radioactivity averaging 74% U3O8. And for those potential investors reading, it’s worth taking note that this is IsoEnergy’s best performing drill hole to date!

“ENDING THE PROGRAM WITH THE BEST DRILL HOLE TO DATE IS A REMARKABLE WAY TO CONCLUDE OUR SUMMER DRILLING PROGRAM, WHICH HAS DEMONSTRATED THAT HURRICANE IS A MAJOR NEW HIGH-GRADE URANIUM DISCOVERY. WE LOOK FORWARD TO ADDITIONAL HIGH-GRADE DRILLING IN THE NEW YEAR AND CONTINUING TO DELIVER FOR OUR SHAREHOLDERS.”

– CRAIG PARRY, CHIEF EXECUTIVE OFFICER

Meanwhile, the most southerly drill hole on the property, intersected 8m of uranium mineralization, averaging 2.6% U3O8. Senior Geologist Andy Carmichael led the summer drill program, which expanded drilling over 24 drill holes. Its purpose was to extend the high-grade area of uranium mineralisation on the western side of the Hurricane zone. The results were better than expected, delighting the team and all invested.

“THE HARD WORK OF OUR TALENTED TECHNICAL TEAM LED BY ANDY CARMICHAEL (SENIOR GEOLOGIST) AND JUSTIN RODKO (PROJECT GEOLOGIST) RESULTED IN A SAFE AND VERY SUCCESSFUL SUMMER DRILLING PROGRAM AS EXEMPLIFIED BY THESE FINAL ASSAYS. THEIR UNDERSTANDING OF THE CONTROLS ON MINERALIZATION AT THE HURRICANE ZONE IS THE PRIMARY REASON FOR OUR SUCCESS. FURTHER, OUR PROGRAMS HAVE BENEFITTED FROM MANY SERVICE PROVIDERS, THE MOST IMPORTANT OF WHICH HAVE BEEN BRYSON DRILLING AND LITTLE ROCK ENTERPRISES (CAMP AND EXPEDITING).”

– STEVE BLOWER, VICE PRESIDENT OF EXPLORATION

READ OUR INSIDE REPORT AND DISCOVER HOW ISOENERGY IS POSITIONED TO TAKE THE URANIUM MARKET BY STORM.


Great Track Record of Success

ISOENERGY INC (TSXV:ISO | OTC:ISENF)

The leading management team and experienced board has a top-notch record of success in uranium exploration, development and operations. NexGen Energy Ltd (TSE: NXE) is a Canada-based corporation with its focus on the acquisition, exploration and development of Canadian uranium projects. It was the founder of IsoEnergy and continues to back and fully support the team today as a major shareholder.

Onwards and Upwards

ISOENERGY INC (TSXV:ISO | OTC:ISENF)

The IsoEnergy share price has risen 252% year-to-date! It’s a lucrative sector to be investing in and one to watch as the world strives to transition to clean energy. Uranium is a dramatically undersupplied market and demand is set to soar as nations and companies strive to find cost-effective solutions to the climate crisis.

Now that all the results from the summer drill program are concluded, the IsoEnergy team is drawing up budgets and plans for its 2021 program of events. It hopes to run a winter drilling program at Larocque East after freeze-up in January.

There is a lot for investors to like in this company and the potential returns available to loyal shareholders.


GET OUR FREE IN-DEPTH REPORT TO DISCOVER THE INS AND OUTS OF URANIUM INVESTMENT!


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