IsoEnergy Intersects Elevated Radioactivity at the Geiger Property
IsoEnergy Intersects Elevated Radioactivity at the Geiger Property
Vancouver, BC, March 5, 2018 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is
pleased to announce that it has intersected a zone of elevated radioactivity during an ongoing core drilling
program at its 100% owned Geiger property (the “Property”) in the Eastern Athabasca Basin region of
Saskatchewan.
A zone of elevated radioactivity has been intersected in drill hole GG18‐08. Figure 1 shows the location of the
drill hole on the Geiger property. The zone was intersected within basement pelitic gneiss, approximately 15
metres beneath the base of the Athabasca sandstone. Radioactivity measured with a 2PGA‐1000 total gamma
down‐hole probe averages 4,500 counts per second (CPS) over 2.1 metres. The maximum probe value within
the interval is just over 14,000 CPS. Figure 2 is a cross‐section showing the location of the mineralization
relative to the interpreted geology. Analysis of the 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 GG18‐08 is a 50 metre step‐out (along strike to the northeast) from historic mineralized drill hole HL‐
76. HL‐76 intersected 0.65% U3O8 over 0.1 metres in basement gneiss approximately 43 metres beneath the
base of the Athabasca sandstone. GG18‐08 is the furthest hole to the northeast along the northeast trending
HL11S conductor. Therefore, the mineralized zone is wide open to the northeast and at depth. According to
historical geophysical surveys, the HL11S conductor might extend up to 2.5 kilometres to the northeast beyond
GG18‐08. Drill hole GG18‐08 is the seventh of an eight‐hole program, which should be completed by March
9th.
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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release.
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nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale
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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 and completion of the acquisition of the Property. Generally, but not always, forward‐looking
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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 and that the acquisition of the Property will be completed on
the terms currently agreed to. 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