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IsoEnergy Intersects Strongest Uranium Mineralization to Date at the Hurricane Zone

Drill holes LE20-34 and LE20-32A both intersected thick intervals of semi-massive to massive pitchblende marking the most significant intercepts to date

ID: 1555859
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(PresseBox) - IsoEnergy Ltd. (?IsoEnergy? or the ?Company?) (TSXV: ISO; OTCQX: ISENF - ) is pleased to report two new intersections of strong radioactivity in initial drill holes of the winter drilling program at the Hurricane zone.


Drill hole LE20-34 intersected 8.5m of uranium mineralization (>500CPS on the RS-125 hand-held spectrometer, the ?RS-125?), including 0m of massive to semi-massive pitchblende measuring >65,000CPS (off-scale on the RS-125). This is the most significant and strongest mineralization drilled to date on the property.

Drill hole LE20-32A also intersected 8.5m of uranium mineralization (>500CPS RS-125), including 5m of massive to semi-massive pitchblende measuring >65,000CPS (off-scale on the RS-125).

The two drill holes are located on the west end of the Hurricane zone, approximately 75m apart.

Geochemical assays are expected within four weeks.

The Company remains well-funded with over C$6 million in the treasury.

Craig Parry, Chief Executive Officer commented: ?I want to congratulate our technical team and particularly our field crew for safely and efficiently delivering outstanding drill results early in this drilling program. f higher prices.?

Steve Blower, Vice President of Exploration commented: ?It is gratifying to see these substantial thicknesses of strong pitchblende mineralization in the drill core from Drill 1 early in our winter program.

Drill Hole LE20-34 (Drill 1)

Drill hole LE20-34 was completed as a 25m step-out along-strike to the west of drill hole LE20-30, which was the first drill hole of this winter 2020 campaign (see news release dated February 4, 2020).>500CPS (RS-125) from 326.0 to 334.5m (Figures 2 and 3).>65,000CPS).

Drill Hole LE20-32A (Drill 1)

The objective of drill hole LE20-32A was to test a 50m along-strike gap between 2019 mineralized drill holes LE19-09 (4.5m (at) 4.2% U3O8, 1.1% Ni, 0.8% Co) and LE19-12 (8.5m (at) 3.2% U3O8, 2.1% Ni, 0.2% Co).>500CPS (RS-125) from 329.5-338.0m (Figures 2 and 5).>65,000CPS).

Drill Holes LE20-31 and LE20-33 (Drill 2)

Encouraging initial results have been received from Drill 2, 200m east of the current Hurricane zone footprint.

Next Steps

Drill 1 will remain on the west end of the Hurricane zone, continuing to test the current footprint of the zone and extending the mineralization to the property boundary and to the north and south where it remains open.

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).e the Technical Report dated effective May 15, 2019 on the Company?s profile at

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.

Craig Parry

Chief Executive Officer

IsoEnergy Ltd.

+1 778 379 3211


Investor Relations

Kin Communications

+1 604 684 6730


In Europe:

Swiss Resource Capital AG

Jochen Staiger


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,ntractors, 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.

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Date: 02/11/2020 - 08:11
Language: English
News-ID 1555859
Character count: 2446
Firma: Swiss Resource Capital AG
Ansprechpartner: Feedback to about Pressrelease-id:
Stadt: Vancouver, BC


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