Make Kitco Your Homepage

IsoEnergy intersects 74% U3O8 at Larocque East

Kitco News

Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!

Larocque East property, Saskatchewan. Image credit: IsoEnergy.

(Kitco News) - IsoEnergy (TSX-V: ISO | OTCQX: ISENF) today reported exceptionally high-grade results from the final assays of its summer drilling program completed in late October at the Hurricane zone.

The Hurricane zone is a recent discovery of high-grade uranium mineralization on the Company’s 100% owned Larocque East property in the Eastern Athabasca Basin of Saskatchewan.

South extension drill hole LE20-76 intersected 7.5m of uranium mineralization that averages 38.8% U3O8, including 3.5m of off-scale radioactivity that averages 74.0% U3O8.

The most southerly drill hole on section 4460E, LE20-77, intersected 8.0m of uranium mineralization that averages 2.6% U3O8.

The three westernmost sections are open to the south.

CEO Craig Parry commented: “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.”

IsoEnergy is a well-funded uranium exploration and development company with a portfolio of prospective projects in the eastern Athabasca Basin in Saskatchewan, Canada. The company recently discovered the high-grade Hurricane Zone of uranium mineralization on its 100% owned Larocque East property in the Eastern Athabasca Basin. The company was founded and is supported by the team at its major shareholder, NexGen Energy.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.