IsoEnergy Stakes New Uranium Exploration Property in the Athabasca Basin
IsoEnergy Stakes New Uranium Exploration Property in the Athabasca
Basin
Vancouver, BC, February 6, 2018 – IsoEnergy Ltd. (“ IsoEnergy ” or the “ Company ”) (TSXV: ISO; OTCQX: ISENF )
is pleased to announce that it has acquired through staking a new 100% owned property called Whitewate r
(the “ Property ”), in the Athabasca Basin region of Saskatchewan.
Garrett Ainsworth, a Director of IsoEnergy, comments: “I’m very excited about this addition to the IsoEnergy
property portfolio. The Whitewater Property area s hares some geological features with the southwest
Athabasca basin region around the Rook 1 property, held by NexGen Energy Ltd. (“ NexGen ”). Supracrustal
rocks of the Tantato domain at Whitewater have been described by several researchers as correlative wi th
those of the Taltson domain that host NexGen’s Arro w deposit at Rook 1. Add to that, the presence of the
uranium-fertile Grease River shear zone and numerous uranium occurrences, and you have all the ingredients
of a highly prospective uranium exploration property.”
Steve Blower, Vice President of Exploration at IsoEnergy, comments: “The addition of the Whitewater Property
is a great example of the benefit of the Company’s affiliation with NexGen, as we’re able to leverage Garrett
Ainsworth’s experience discovering uranium mineralization in prospective, off-basin settings adjacent to the
Athabasca Basin margin.”
Whitewater
The Whitewater Property was staked on January 16 th and consists of 15 contiguous claims totaling 25,9 66
hectares located along the northern rim of the Athabasca basin. Figure 1 shows the location of the Property
relative to IsoEnergy’s other Saskatchewan uranium exploration properties. The entire Property is located just
off-basin, therefore there is no sandstone cover. At its closest point, the Whitewater Property bound ary is
within 5 kilometres of the edge of the Athabasca basin.
The Property covers over 26 kilometres of the Grease River shear zone which separates the Beaverlodge, Train
and Dodge domains to the northwest from the Tantato domain to the southeast. This prominent, long-lived,
crustal-scale structure is known to host Athabasca basin related uranium mineralization at the nearby Fond du
Lac deposit 26 kilometres along-strike to the south west. Uranium mineralization is also present on th e
Property. The Saskatchewan government’s Mineral De posits Index lists a total of 25 uranium occurrence s
located within the Whitewater property boundary. F igure 2 shows the prominent geological features and
uranium occurrences in the general area of the Property.
Initial work will involve a short period of data compilation, which will likely be followed by airborne geophysical
surveying to prioritize target areas for more detailed exploration.
Figure 1 – Property Location Map
Figure 2 – Whitewater Property Map
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 ot her
properties is not necessarily indicative of mineralization on the Company’s properties.
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
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+1 604 684 6730
www.isoenergy.ca
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policies of the TSX Venture Exchange) accepts respo nsibility 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 secu rities,
nor shall there be any sale of any securities in an y 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 acti vities, 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
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 act ivities are as anticipated, the price of uranium, t he
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, equ ipment 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 th e acquisition of the Property will be completed on
the terms currently agreed to. Although the assumpt ions 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 inv olve 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 o r implied by such forward-looking information or
statements, including, among others: negative opera ting 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 i ssues, 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 miner al exploration industry, environmental risks,
changes in laws and regulations, community relation s and delays in obtaining governmental or other
approvals.
Although the Company has attempted to identify impo rtant 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 und ue 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