Best Drill Hole To Date At High-Grade Uranium Discovery
IsoEnergy Ltd (TSXV: ISO) has received promising final chemical assay results from the summer drilling programme completed in late October at the recent Hurricane zone high-grade uranium discovery on the company’s 100% owned Larocque East property in the Eastern Athabasca Basin of Saskatchewan.
Highlights:
- South extension drill hole LE20-76 intersected 7.5m of uranium mineralisation 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 mineralisation that averages 2.6% U3O8
- The three westernmost sections are open to the south
“Ending the programme with the best drill hole to date is a remarkable way to conclude our summer drilling programme, which has demonstrated that Hurricane is a major new high-grade uranium discovery,” CEO Craig Parry said.
“We look forward to additional high-grade drilling in the New Year and continuing to deliver
The company’s expanded 24 drill hole northern summer programme was focused on extending the high-grade area on the western side of the Hurricane zone. It was successful, with many of the best intersections at the zone to date being reported. These include:
- LE20-76: 7.5m @ 38.8% U308, including 3.5m @ 74.0% U308
- LE20-72: 6.0m @ 6.2% U308, including 1.5m @ 20.7% U308
- LE20-68: 11.0m @ 6.9% U308, including 1.5m @ 49.3% U308
- LE20-64: 5.0m @ 48.8% U308 including 4.0m @ 57.5% U308
- LE20-62: 4.5m @ 6.2% U308 including 2.5m @ 11.1% U308
- LE20-57: 10.0m @ 11.7% U308 including 2.5m @ 46.0% U308
- LE20-54: 9.0m @ 12.8% U308 including 4.0m @ 27.1% U308
Budgets and plans for 2021 activities at Larocque East are being finalised and will be announced in due course. A northern winter drilling programme is anticipated that will begin after freeze-up in January.
The 100% owned Larocque East property consists of 31 mineral claims totalling 15,878ha that are not encumbered by any royalties or other interests. Larocque East is immediately adjacent to the north end of IsoEnergy’s Geiger property and is 35km northwest of Orano Canada’s McClean Lake uranium mine and mill.
