IsoEnergy To Drill Up A Storm In Follow Up Of Hurricane Uranium Discovery
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IsoEnergy To Drill Up A Storm In Follow Up Of Hurricane Uranium Discovery

Two Rigs And 20 Holes Planned For C$2 Million Drill Programme

byColin Sandell-Hay, Contributor - The Assay
6 years ago
Reading Time: 2 mins read
IsoEnergy To Drill Up A Storm In Follow Up Of Hurricane Uranium Discovery

Figure 1 – Larocque East Property Map (CNW Group/IsoEnergy Ltd.)

IsoEnergy Ltd (TSXV: ISO; OTCQX: ISENF) is fast-tracking core drilling plans for the recent Hurricane high-grade uranium discovery at the company’s 100% owned Larocque East property in the Eastern Athabasca Basin of Saskatchewan

The fully funded C$2 million drill programme will include the addition of a second rig, to complete 20 drill holes for an estimated 8500m of core drilling.

Vice President of Exploration Steve Blower reported that with all permits in hand, the programme is anticipated to begin in early January to complete infill and expansion drilling.

“Planning for our winter core drilling programme at the Hurricane zone is largely complete and we’re looking forward to getting started in January,” Mr Blower said.

“With two main objectives to satisfy (infill and expansion) and a large amount of drilling to complete, we’ve added a second drill rig for the programme.

“The Hurricane zone remains open in most directions and is located on a large land package near some of the largest uranium mines in the world.

“We look forward to completing our largest drill programme to date and expect to generate a large amount of news flow beginning early in the new year,” Mr Blower said.

IsoEnergy’s first objective in the programme is to infill the current 500m long footprint of the Hurricane zone.

Mr Blower said most cross-sections remain open, including section the drill hole which intersected 5.4% U3O8 over 7.0m.

Infill drilling will also target along-strike gaps of up to 250 m between drill sections

The second primary objective is to evaluate the potential to expand the zone to the east.  This will include following up the strong alteration and elevated geochemistry in step-out drill hole LE19-26, the only drill hole completed by the company to date that is beyond the 500m long Hurricane zone footprint.

Mr Blower said drilling plans will be fine-tuned over the next few weeks.  Winter road construction is scheduled to begin in the near term as ice conditions permit, which should allow drilling to commence in January.

Tags: SaskatchewanUranium
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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