ProfitQuotes.com
symbol lookup  commodity list
Bookmark This Page
Daily Dividend Report: PLD, SRE, DLR, ABT, CCI

Fri, 22 Feb 16:36:19 GMT
Thursday 2/21 Insider Buying Report: VLO, BKD

Thu, 21 Feb 15:31:32 GMT
Portfolio Channel
Free Energy Dividend Stock Report
Free Dividend Report - Top Ranked Stocks
Free Dividend Paying Gold/Metals Stocks Report
Get a quote box (like the one below) for your site!
ProfitQuotes.com Commodities Quotes
commodity quotes list
energy quotes  gold quotes
uranium stocks  
solar power stocks

wind power stocks

Industry focus:

advertising stocks,
space stocks,
aerospace stock,
aerospace sector,
list of aerospace companies,
largest chemical companies,
chemical stock,
chemical news,
best agriculture stocks,
ag stocks,
chinese agriculture stocks,
top agriculture companies,
agriculture stocks,
agricultural stocks,
agricultural stock,
stocks agriculture,
agriculture markets,
agriculture index,
agriculture industries,
agricultural investment,
agriculture investment,
agricultural industry,
farm stock,
airline stock symbols,
airline stock prices,
airline stock,
airlines stock,
clothing stock,
fashion stocks,
publicly traded fashion companies,
clothing company stocks,
apparel stock,
apparel companies,
application software stocks,
asset management stocks,
auto stocks,
auto industry stocks,
chinese auto stocks,
auto stock prices,
automotive stock,
auto parts stocks,
community bank stocks,
regional bank stocks,
canadian bank stocks,
banking stock,
national bank stocks,
commercial bank stock,
banks stock,
bank stock quote,
bank stocks,
banking industry,
alcohol stocks,
beverage stock,
global wine stocks,
wine stocks,
liquor stock,
biotech stocks list,
biotechnology investing,
public biotech companies,
top biotech stocks,
nanotechnology stock,
largest biotech companies,
biotechnology stock,
biotech investing,
investing in biotech,
best biotech companies,
bio stocks,
biotech sector,
biotechnology investment,
biopharma companies,
new biotech companies,
biotech investment,
biotechnology industries,
nanotech stocks,
biotech stocks,
biotechnology articles,
biotechnology news,
business stocks,
service stocks,
chemical companies,
chemical industries,
chemical industry,
chemical company,
chemicals company,
cigarette stock,
cigarette company stocks,
cigarette stock symbols,
tobacco company stocks,
tobacco stock,
cigar stocks,
communications stocks,
communication stock,
computer peripherals companies,
computer peripherals,
computers stocks,
computer stock,
computer web,
internet stocks,
construction stocks,
machinery stocks,
builders stocks,
building stocks,
consumer goods stocks,
consumer services stocks,
consumer services companies,
lending stocks,
mortgage banking,
lending companies,
mortgage bankers,
loan services,
mortgage services,
mortgage bank,
loan bank,
defense stocks,
defensive stock,
department store stocks,
diagnostic company,
diagnostic companies,
pharmaceuticals stocks,
drug stocks,
drug company stocks,
pharma stock,
education stocks,
college stock,
electric utility stocks,
electric company stocks,
electric utilities stocks,
utility stocks,
utilities stocks,
power equipment companies,
electrical supply companies,
electronic stocks,
entertainment stock,
movie stocks,
movies companies,
movie company,
cefs,
open ended and closed ended mutual funds,
closed ended investment,
closed ended fund,
bonds fund,
closed end,
food stock,
game stock,
gambling stocks,
casino stocks,
gaming stocks list,
gaming stocks,
gas utility companies,
gas company stocks,
construction industries,
builders contractors,
construction services,
construction industry,
grocery store stocks,
supermarket stock,
drug store stocks,
home stocks,
furniture stock,
home improvement stocks,
medical company stocks,
top medical stocks,
medical stock,
hospital stock,
medical supply stocks,
medical technology stocks,
medical device stocks,
medical equipment stocks,
copper mining,
palladium mining stocks,
mining metals,
mining,
mining news,
gold exploration,
mining share price,
lithium mines,
mining industries,
international mining companies,
mining information,
molybdenum mining companies,
nickel mining companies,
metals and mining stocks,
gold and silver mining stocks,
copper mining companies,
rare earth mining companies,
rare metals stocks,
rare earth stocks,
metals stocks,
welding stock,
nonprecious metals,
non metallic mining,
office supplies companies,
office supply companies,
oil services stocks,
oil pipeline stocks,
gas pipeline stocks,
gas pipeline companies,
pipeline companies,
natural gas pipeline companies,
oil services companies,
oil field services,
oil service stocks,
natural gas pipelines,
oilfield service companies,
oil and gas pipeline companies,
oil gas pipeline,
oil exploration stocks,
oil exploration sector,
oil exploration companies,
oil drilling stocks,
oil drilling companies,
oil production companies,
china oil companies,
brazil oil companies,
china oil stocks,
brazil oil stocks,
oil companies,
oil stocks,
oil drilling,
oil exploration,
offshore oil drilling companies,
list of oil drilling companies,
oil and gas exploration,
oil and gas drilling,
oil and gas stocks,
oil and gas drilling companies,
oil refining companies,
oil marketing companies,
oil refining stocks,
oil refining sector,
oil refinery companies,
oil refinery stocks,
major oil companies,
oil sector,
oil refinery,
oil refinery company,
oil company,
oil marketing company,
oil refining company,
oil refining industry,
major oil companies list,
oil and gas companies,
crude oil stocks,
packaging companies,
container companies,
packaging stocks,
packaging sector,
container sector,
pulp stocks,
paper stocks,
timber stocks,
pulp companies,
paper companies,
timber companies,
timber trusts,
cardboard companies,
paper sector,
timber sector,
paper companies list,
silver mining companies,
gold mining companies,
gold mining sector,
precious metal stocks,
mining companies,
exploration sector,
mining sector,
exploration stocks,
mining stocks,
silver stocks,
gold stocks,
gold mining stocks,
silver mining stocks,
silver mining company,
canadian mining companies,
gold mining,
gold mining company,
mining company,
list of mining companies,
gold stocks list,
largest gold mining companies,
silver mining,
printing companies,
printing stocks,
printing sector,
newspaper stocks,
newspaper sector,
newspaper companies,
publishing stocks,
publishing sector,
publishing companies,
digital media companies,
digital media stocks,
digital media sector,
book publishing companies,
digital media company,
publishing company,
railroad stocks,
railroad sector,
railroad companies,
railroad company,
railroad investment,
major railroad companies,
real estate companies,
real estate stock,
real estate public companies,
real estate investing,
real estate investments,
real estate sector,
commercial real estate investing,
real estate investment firms,
real estate investing guide,
REITs,
real estate investment trust,
REIT sector,
REIT stocks,
REITs sector,
REITs stock,
public REITs,
real estate investment trusts,
real estate investment trust companies,
real estate investment trusts REITs,
real estate investment companies,
real estate investment company,
real estate investment trust REIT,
rubber stocks,
plastic stocks,
rubber companies,
plastic companies,
rubber sector,
plastic sector,
plastic manufacturing companies,
rubber company,
plastic company,
semiconductor stocks,
semiconductor investments,
semi stocks,
semiconductor companies,
semiconductor sector,
shipping stocks,
dry bulk stocks,
container stocks,
dry bulk shipping,
dry bulk shipping companies,
tanker stocks,
shipping companies,
shipping sector,
specialty retail,
retail stocks,
retail investing,
retail store stocks,
consumer stocks,
consumer investment,
retail companies,
retail sector,
sports stocks,
sports investing,
sporting goods stocks,
sports investments,
sporting goods companies,
sporting goods sector,
stock message boards,
television stocks,
television investment,
radio stocks,
radio invest,
media stocks,
media invest,
media investment,
media investing,
television companies,
television sector,
radio sector,
radio companies,
media companies,
media sector,
textile stocks,
apparel stocks,
textile investment,
textile companies,
textile sector,
apparel sector,
freight investment,
transportation investment,
truck investment ,
freight stocks,
transportation stocks,
trucking stocks,
trucking companies,
trucking sector,
waste management stocks,
waste stocks,
recycling stocks,
waste investment,
waste companies,
waste sector,
water stocks,
water utilities,
water investing,
water investment,
water companies,
water sector

Home Oil & Gas Electricity Metals Treasuries Stocks My Portfolios Forex
News - Full Story
 Related Quotes
 Isoenergy LTD. Ordinary Shares Canada  0.3645   0.0098  2.62%
 Isoenergy Ltd  0.475   0.01  2.06%
 Enter Symbols: 
IsoEnergy Intersects Strong Pitchblende Uranium Mineralization in First Along-Strike Step-out at the Hurricane Zone

VANCOUVER, Feb. 11, 2019 /CNW/ - IsoEnergy Ltd. ("IsoEnergy" or the "Company") (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has intersected an interval of strong (>20,000 total cps on an RS-125 hand-held spectrometer) uranium mineralization at the Hurricane zone in the first follow-up drill hole (LE19-06) completed along-strike of last summer's intersection in drill hole LE18-01A.  The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property in the eastern Athabasca Basin of northern Saskatchewan. 

Drilling Highlights

  • The first along-strike step-out from the discovery section has intersected strong pitchblende uranium mineralization in drill hole LE19-06
  • Also, mineralization in drill hole LE19-04 extends the width of the Hurricane zone on the discovery section to at least 38 metres
  • The company is fully funded for the current drill program and subsequent follow-up in 2019

Leigh Curyer, Chairman of the Board commented: "The founding of ISO to focus on exploring and securing properties in the eastern side of the Athabasca Basin has proven incredibly successful with Craig and his team targeting and intersecting high grade mineralization.  The exploration methodology and disciplines developed in the NexGen / ISO group of which Craig has been a member since the incorporation of NexGen, are proving very effective in terms of targeting, intersecting and developing mineralization in a timely and cost-effective manner."

Craig Parry, Chief Executive Officer commented: "The team has done a tremendous job in targeting and successfully finding high-grade mineralization at Hurricane. Based on my experience, I am very encouraged by these results given the extent of mineralization in only 6 holes to date.  The 38 metre width of the zone on the discovery section is particularly impressive and initial radioactive intervals at Hurricane are certainly on par with other discoveries in the basin. The mineralization remains open in both directions along-strike and there is great potential for more good results from the ongoing program." 

Drill Hole LE19-06

Drill hole LE19-06 was designed to evaluate the potential for expansion of the Hurricane zone on section 4585E, along-strike to the east of discovery drill hole LE18-01A.  The drill hole penetrated overburden and Athabasca sandstone to 336.0 metres and then basement metasedimentary gneiss to the end of the hole at 443 metres.  Substantial uranium mineralization was intersected in the drill hole, 30 metres east of the mineralization in drill hole LE18-01A.  The radioactive intervals (>1000 total cps on an RS-125 hand-held spectrometer) are summarized in Table 1 and are shown on a cross section in Figure 2.  They include a 2.0-metre-long zone of uranium mineralization perched in the sandstone and centered about seven metres above the unconformity, and a 4.0-metre-long zone of stronger uranium mineralization that measures >5,000 cps (RS-125) and lies immediately above the sub-Athabasca unconformity.  Mineralization is visually similar to the drill holes on the discovery section 4560E and includes fracture controlled, disseminated and replacement styles of pitchblende with hematite and clay.  Within the lower interval is a 2.0-metre-long subinterval of stronger radioactivity that measures >10,000 cps on the RS-125.  Within the 2.0-metre-long subinterval is a 0.5-metre-long zone of dark grey to black uranium mineralization that averages 28,000 cps (RS-125).  Basement rocks immediately beneath the mineralization consist of bleached and clay-rich graphitic cordierite augen gneiss with several major fault zones. 

Drill Holes LE19-04 and LE19-05

Drilled as an additional step-out on the discovery section 4560E, 12.5 metres north of previously disclosed follow-up drill hole LE19-02, drill hole LE19-04 was designed to evaluate the potential for continued expansion of the Hurricane zone to the north.  The drill hole penetrated overburden and then Athabasca sandstone to 333.5 metres.  Weak uranium mineralization was intersected in two narrow intervals at the unconformity that are summarized in Table 1 and shown on Figure 3.  These results demonstrate that mineralization at the Hurricane zone has a minimum cross-strike width of 38 metres, extending from drill hole LE19-03 in the south to LE19-04 in the north.

Drill hole LE19-05 intersected the sub-Athabasca unconformity 25 metres to the north of drill hole LE19-04, also on the discovery section 4560E.  Substantial alteration in the sandstone suggests that additional targets are present north of this drill hole, however no significant mineralization was intersected.

Table 1 – Hurricane Zone Radioactive Intervals





Hole-ID

From (m)

To (m)

Length (m)

Radioactivity1,2 (CPS)

Location




LE19-023

316.5

320.0

3.5

>1,000

Discovery Section, 12.5 m north of LE18-01A




and3

326.5

330.0

3.5

>1,000





incl.3

328.5

330.0

1.5

>20,000





incl.3

329.0

329.5

0.5

>50,000





LE19-033

324.0

324.5

0.5

>1,000

Discovery Section, 12.5 m south of LE18-01A




and3

326.5

329.5

3.0

>1,000





incl.3

328.5

329.5

1.0

>5,000





incl.3

329.0

329.5

0.5

>20,000





LE19-04

329.0

329.5

0.5

>1,000

Discovery Section, 12.5 m north of LE19-02





333.0

333.5

0.5

>1,000





LE19-05

No significantly elevated radioactivity

Discovery Section, 25 m north of LE19-04




LE19-06

328.0

330.0

2.0

>1,000

30 m step-out along-strike east of LE18-01A




and

332.0

336.0

4.0

>5,000





incl.

333.5

335.5

2.0

>10,000





incl.

333.5

334.0

0.5

>20,000





Notes:

1.  Radioactivity is total gamma from drill core measured with an RS-125 hand-held scintillometer.





2.  Measurements of total gamma cps on drill core are an indication of uranium content, but may not correlate with uranium chemical assays.


3.  Previously disclosed.






Larocque East

Larocque East consists of 6 mineral claims totaling 3,200 hectares and was purchased in May, 2018.  The Property is owned 100% by IsoEnergy and is not encumbered by any royalties or other interests.  Larocque East is immediately adjacent to the north end of IsoEnergy's Geiger property and is 35 kilometres northwest of Orano Canada's McClean Lake uranium mine and mill. 

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 in several occurrences to the southwest of the Larocque East property.  The closest of these are the Larocque Lake and Larocque North zones, which are located 6.5 kilometres and 0.4 kilometres, respectively, to the southwest of the western Larocque East property boundary.  Drilling at Cameco's Larocque Lake zone has returned historical intersections of up to 29.9% U3O8 over 7.0 metres in drill hole Q22-040.  Drilling at the Cameco's Larocque North zone has returned intersections of up to 2.05% U3O8 over 0.6 metres in drill hole Q22-16.  Like the nearby Geiger property, Larocque East is located adjacent to the Wollaston-Mudjatik transition zone - a major crustal suture related to most of the major uranium deposits in the eastern Athabasca Basin.  Importantly, the sandstone cover is thin, ranging between 140 metres and 330 metres in previous drilling. 

A total of 23 historical drill holes have been completed on the Property along approximately 22 kilometres of graphitic conductors.  Five of the historical holes have intersected weak uranium mineralization on the Larocque East property to date, including drill holes KER-07 (0.12% U3O8 over 0.1 metre) and KER-11 (0.06% U3O8 over 0.5 metre) near the western property boundary, within the general vicinity of the Hurricane zone. 

Next Steps

Additional drilling will be completed on the 4585E cross-section to the north and south of drill hole LE19-06.  This will be followed by along-strike step-outs to the west of the discovery section.  Geochemical results from the new drill holes reported herein are expected within six weeks.  Drill hole LE19-06 is the fifth of a planned 10-hole program.  Following a $5.5M financing that closed in December, 2018, the company is fully funded for the current drill program and subsequent follow-up in 2019.

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

Figure 2 – Cross-Section 4585E (CNW Group/IsoEnergy Ltd.)

Figure 3 – Discovery Cross-Section 4560E (CNW Group/IsoEnergy Ltd.)

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 National Instrument 43-101 – Standards of Disclosure for Mineral Projects).  Mr. Carmichael has verified the data disclosed.  This news release refers to properties other than those in which the Company has an interest. Mineralization on those other properties is not necessarily indicative of mineralization on the Company's properties.  An RS-125 hand-held spectrometer was used to verify that the radioactivity is due to uranium.  As the drill holes reported herein are vertical or near-vertical, and the mineralization is interpreted to be horizontal, the true thickness is expected to be within 90% of the cored intervals.

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 historic inferred mineral resource estimate at the Mountain Lake uranium deposit in Nunavut.  IsoEnergy is led by a Board and Management team with a track record of success in uranium exploration, development and operations.  The Company was founded and is supported by the team at its major shareholder, NexGen Energy Ltd.

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,  alternative 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.  The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

IsoEnergy Ltd. (CNW Group/IsoEnergy Ltd.)

SOURCE IsoEnergy Ltd.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2019/11/c0025.html

<  back


TickerTech.com Private-label branded pages powered by TickerTech.com. Copyright © 2019 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX/COMEX data is at least 30 minutes delayed. Please read other important disclaimer information.

"The successful producer of an article sells it for more than it cost him to make, and that's his profit. But the customer buys it only because it is worth more to him than he pays for it, and that's his profit. No one can long make a profit producing anything unless the customer makes a profit using it." - Samuel B. Pettengill
Google
 

© Ticker Technologies, all rights reserved. Profitquotes.com is wholly owned by Ticker Technologies and serves to demonstrate the company's products to prospective clients. All quotes are in US Eastern Time (EST) and delayed at least 15 minutes. NYMEX/COMEX data delayed at least 30 minutes. Data is presented for informational purposes only and not intended for investment purposes. Nothing on this site should be considered advice, opinions, recommendations, or endorsements from ProfitQuotes.com or Ticker Technologies, Inc. Full Disclaimer.