IsoEnergy released an analytical geochemistry results report from samples collected from drill holes at IsoEnergy’s wholly owned Geiger property in Saskatchewan’s Eastern Athabasca Basin region.
IsoEnergy (TSXV: ISO) has released a report highlighting the analytical geochemistry results from samples collected from drill holes GG18-08 and GG18- 09, following a recently completed core drilling program at IsoEnergy’s wholly owned Geiger property in Saskatchewan’s Eastern Athabasca Basin region. Highlights include a sample containing 0.35 percent U3O8 over 0.2 metres in drill hole GG18-08, within a larger 2.0 metre interval (above a cutoff of 100 ppm U3O8) that averages 0.11 percent U3O8 from 271.2 to 273.2 metres. Additionally, drill hole GG18-09 returned a 15.0 metre interval (also above a cutoff of 100 ppm U3O8) that averages 0.03 percent U3O8 from 207.0 to 222.0 metres. Both drill holes also intersected elevated uranium pathfinder elements.
IsoEnergy will commence a summer drilling program to follow up on the results in drill holes GG18-08 and GG18-09. Drilling will likely begin in June and will consist of 8-10 holes targeting both areas.
As quoted in the press release:
“The geochemical results from both drill holes GG18- 08 and GG18-09 are encouraging, and further support our view that the Geiger property remains highly prospective for the discovery of economic uranium deposits. I’m particularly encouraged by the robustness of the intersections and the open nature of the mineralization. Our technical team that includes Senior Geologist Andy Carmichael and Geologist Justin Rodko, has done a terrific job of identifying and prioritizing drill targets at Geiger and has delivered outstanding follow-up results,” said Steve Blower, vice president of exploration.
“I’m pleased to see our strategy of building on our portfolio of exploration properties in the highly prospective eastern Athabasca Basin is yielding exciting exploration results. The recent closing of our fund raising puts us in an excellent position to follow up these results with a summer drill program and we look forward to reporting on this work when it commences,” Craig Parry, CEO of IsoEnergy noted.