register free | resend password


IsoEnergy Plans Aggressive Twenty Hole Winter Drilling Program at the Hurricane Uranium Zone

Largest Program to Date Following Up on Athabasca Basin's Newest High-Grade Uranium Discovery

ID: 1554806
recent pressrelease next pressrelease

(PresseBox) - IsoEnergy Ltd. (?IsoEnergy? or the ?Company?) (TSXV: ISO; OTCQX: ISENFhttps://www.commodity-tv.com/play/iso-energy-well-financed-for-further-uranium-exploration-at-hurricane-zone-discovery/ ) is pleased to provide additional details on its core drilling plans for the Hurricane zone.& 2).

The fully funded $2M planned drill program includes the addition of a second rig, to complete 20 drill holes for an estimated 8,500 m of core drilling. With all permits in hand, the program is anticipated to begin in early January to complete infill and expansion drilling.

Steve Blower, Vice President of Exploration commented: ?Planning for our winter core drilling program at the Hurricane zone is largely complete and we?re looking forward to getting started in January.

Program Details

The planned winter core drilling campaign will begin in January and will consist of a total of 8,500 m in approximately 20 drill holes.

Infill

The first objective is to infill the current 500 m long footprint of the Hurricane zone.

Expansion

The second primary objective is to evaluate the potential to expand the zone to the east.

Next Steps

Drilling plans will be fine tuned over the next few weeks.

The Larocque East Property and the Hurricane Zone

The 100% owned Larocque East property consists of 20 mineral claims totaling 8,371 ha 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).ding 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 historical 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

Investor Relations

Kin Communications

+1 604 684 6730

iso(at)kincommunications.com

www.isoenergy.ca

In Europe:

Swiss Resource Capital AG

Jochen Staiger

info(at)resource-capital.ch

www.resource-capital.ch

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release shall not constitute an offer to sell or a solicitation of any offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities referenced herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the ?U.S. Securities Act?), and such securities may not be offered or sold within the United States absent registration under the U.S. Securities Act or an applicable exemption from the registration requirements thereunder.

Forward-Looking Information

The information contained herein contains ?forward-looking statements? within the meaning of the United States Private Securities Litigation Reform Act of 1995 and ?forward-looking information? within the meaning of applicable Canadian securities legislation. ?Forward-looking information? includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as ?plans?, ?expects?, ?is expected?, ?budget?, ?scheduled?, ?estimates?, ?forecasts?, ?intends?, ?anticipates?, or ?believes? or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results ?may?, ?could?, ?would?, ?might? or ?will be taken?, ?occur? or ?be achieved? or the negative connotation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the price of uranium, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company?s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, the influence of a large shareholder,ive sources of energy and uranium prices, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals.

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.



More information:
http://https://



Keywords (optional):



Company information / Profile:

PressRelease by

Requests:



PressContact / Agency:



published by: PresseBox
print pressrelease  send to a friend  

Date: 12/17/2019 - 10:01
Language: English
News-ID 1554806
Character count: 12495
Kontakt-Informationen:
Firma: Swiss Resource Capital AG
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: Vancouver, BC
Telefon:

Meldungsart:
Versandart:
Freigabedatum:
Comments:



Number of hits: 290

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 438
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 61


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.