IsoEnergy Intersects Additional Elevated Radioactivity at the Geiger Uranium Property
IsoEnergy Intersects Additional Elevated Radioactivity at the Geiger
Uranium Property
Vancouver, BC, March 13, 2018 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF)
is pleased to announce that it has intersected a second zone of elevated radioactivity during a core drilling
program at its 100% owned Geiger property (the “Property”) in the Eastern Athabasca Basin region of
Saskatchewan.
The additional zone of elevated radioactivity has been intersected in drill hole GG18‐09. GG18‐09 is located
1.7 kilometres southwest of drill hole GG18‐08, which recently intersected a zone of elevated radioactivity
reported in a news release dated March 5, 2018. Figure 1 shows the location of both drill holes on the Geiger
property. The elevated radioactivity in GG18‐09 is relatively thick and straddles the sub‐Athabasca
unconformity. Radioactivity measured with a 2PGA‐1000 total gamma down‐hole probe averages 1,370 counts
per second (CPS) over 19.3 metres from 203.1‐222.4 metres. The maximum probe value within the interval is
just over 7,300 CPS. Figure 2 is a cross‐section showing the location of the mineralization relative to the
interpreted geology. The zone of elevated radioactivity is associated with well‐developed and locally massive
clay alteration and significant core loss. Analysis of the recovered drill core with a hand‐held spectrometer
indicates the radioactivity is due to uranium, but geochemical analysis is needed for final confirmation. The
drill core has been sampled and geochemical results are pending.
Drill hole GG18‐09 is a 50 metre step‐out (along strike to the southwest) from historic mineralized drill hole
HL‐50. HL‐50 intersected 2.7% U3O8 over 1.2 metres in basement gneiss just beneath the base of the Athabasca
sandstone. The closest drill hole along‐strike to the southwest is located 150 metres to the southwest, and
likely missed the target horizon given the reported basement geology. Therefore, the mineralized zone is wide
open to the southwest and at depth. With the completion of drill hole GG18‐09, the winter drilling program at
Geiger is now complete. A summer core drilling program to follow up on the results in drill holes GG18‐08 and
GG18‐09 is being planned.
Craig Parry, Chief Executive Officer commented: “I’m very pleased with the results from IsoEnergy’s maiden
drilling program on the Geiger property, which was only acquired late last year. With two zones of elevated
radioactivity and strong alteration which is open in several directions, follow‐up drilling during the summer
season is clearly warranted on the property.”
Qualified Person Statement
The scientific and technical information contained in this news release was prepared by Steve Blower, P.Geo.,
IsoEnergy’s Vice President, Exploration, who is a “qualified person” (as defined in National Instrument 43‐101
– Standards of Disclosure for Mineral Projects). Mr. Blower 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.
Figure 1 – Geiger Property Map
Figure 2 – GG18‐08 Interpreted Cross Section
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.
Craig Parry
Chief Executive Officer
IsoEnergy Ltd.
+1 778 379 3211
www.isoenergy.ca
Investor Relations
Kin Communications
+1 604 684 6730
www.isoenergy.ca
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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
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approvals required to conduct the Company’s planned exploration activities will be available on
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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
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