IsoEnergy Intersects 5.4% U3O8 over 7.0m in Drill Hole LE19-16A, Including 15.9% U3O8 over 2.0m
(PresseBox) - IsoEnergy Ltd. (?IsoEnergy? or the ?Company?) (TSXV: ISO; OTCQX: ISENF -https://www.commodity-tv.net/c/search_adv/?v=299169 ) is pleased to provide an update on the ongoing drilling program on the Hurricane zone at the Larocque East property.
Highlights
Drill Hole LE19-16A returned the best interval to date at the Hurricane zone, comprised of 5.4% U3O8 over 7.0m, including 15.9% U3O8 over 2.0m
Uranium mineralization was intersected in drill hole LE19-18C1, with an intersection of 5.0m >1,000 CPS, including 0.5m >10,000 CPS
Drill Hole LE19-19, a 250m eastern step-out drill hole designed to locate key structures beneath the Hurricane zone trend, successfully intersected several faults to be targeted by follow-up drilling
Steve Blower, Vice President of Exploration commented: ?Hurricane continues to deliver exceptional results, including the best mineralized interval to date in drill hole LE19-16A.
Craig Parry, CEO commented: ?The team has done a tremendous job of further testing and extending the Hurricane Deposit. The system is showing it has high-grade potential and now strike extent and scale. I?m particularly excited to see the results from our eastern most pathfinder hole LE19-19 and we look forward to reporting further results from the program where we have a further eight drill holes planned.?
Drill Hole LE19-16A Assays (Section 4635E)
Drill hole LE19-16A intersected the Hurricane zone 13.5m south of winter drill hole LE19-13.photo of the mineralization.
Drill Hole LE19-18C1 Mineralization (Section 4735E)
Drill hole LE19-18C1 is a wedge off-cut from mineralized parent drill hole LE19-18.>1,000 CPS, including 0.5m >10,000 CPS.
Drill Hole LE19-18 Assays (Section 4735E)
Drill hole LE19-18 (Figures 2 and 5) was completed as an along-strike step-out 100m to the east of drill hole LE19-16A.
Drill Hole LE19-19 (Section 4985E)
Completed as an under-cutting, along-strike step-out 250m east of drill holes LE19-18 and LE19-18C1, drill hole LE19-19 (Figures 2 and 6) was designed to locate the favourable structures and graphitic rock types associated with the Hurricane zone mineralization.westernmost Hurricane zone drill hole, LE19-12.
Drill Hole LE19-20 (Section 4735E)
Drill hole LE19-20 (Figures 2 and 5) was completed on section with, and 12.5m north of, drill hole LE19-18C1.
Next Steps
Eight drill holes remain in the fully funded summer drilling program, as originally planned.
The Larocque East Property
The 100% owned Property consists of 20 mineral claims totaling 8,371ha and is not encumbered by any royalties or other interests.
Along with other target areas, the Property covers a 15-kilometre-long northeast extension of the Larocque Lake conductor system; a trend of graphitic metasedimentary basement rocks that is associated with significant uranium mineralization at the Hurricane zone, and in several occurrences on Cameco Corp.?s neighbouring property to the southwest of Larocque East.
Qualified Person Statement
The scientific and technical information contained in this news release was prepared by Andy Carmichael, P.Geo., IsoEnergy?s Senior Geologist, who is a ?Qualified Person? (as defined in NI 43-101 ? Standards of Disclosure for Mineral Projects). ing its quality assurance and quality control procedures, please see the Technical Report dated effective May 15, 2019 on the Company?s profile at www.sedar.com.
About IsoEnergy
IsoEnergy is a well-funded uranium exploration and development company with a portfolio of prospective projects in the eastern Athabasca Basin in Saskatchewan, Canada and a historic inferred mineral resource estimate at the Mountain Lake uranium deposit in Nunavut.
Craig Parry
Chief Executive Officer
IsoEnergy Ltd.
+1 778 379 3211
cparry(at)isoenergy.ca www.isoenergy.ca
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www.isoenergy.ca
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Jochen Staiger
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Forward-Looking Information
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Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.
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Datum: 25.07.2019 - 05:22 Uhr
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