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IsoEnergy Stakes Three New Uranium Exploration Properties in the Eastern Athabasca Basin and Adds Additional Claims at Geiger
IsoEnergy Stakes Three New Uranium Exploration Properties in the Eastern Athabasca Basin a...
About this update from Isoenergy Ltd.
[{"type":"text","content":"\n\n\n\nIsoEnergy Stakes Three New Uranium Exploration Properties in the Eastern Athabasca Basin and Adds Additional Claims at Geiger\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 28, 2017\n\n\n\nVANCOUVER, Nov. 28, 2017 /CNW/ - IsoEnergy Ltd. (\"IsoEnergy\" or the \"Company\") (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has staked three new properties: Fox, East Rim and Full Moon in the Eastern Athabasca Basin of Saskatchewan. Each of these properties is 100% held by the Company. Figure 1 shows the location of the new properties relative to IsoEnergy's other Saskatchewan properties and each of them is described in more detail below. The Company has also staked additional claims that have been added to its high priority Geiger project purchased from AREVA Resources Canada (AREVA), Cameco Corp. (Cameco) and JCU (Canada) Exploration Ltd. (JCU) in August of this year.\n\nFox\n\nThe Fox property was staked on October 26th and consists of two contiguous claims totaling 1,374 hectares located 15 kilometres north of Cameco's Key Lake uranium mill (Figure 2).  Fox is surrounded by over 425M lbs of uranium (U3O8) at an average grade of 5.2% U3O8 in mined-out and undeveloped deposits at Key Lake, (Cameco and AREVA), Millennium (Cameco and JCU) and Wheeler River's Phoenix and Gryphon deposits (Denison Mines Corp., Cameco and JCU) all of which are within 25 kilometres of the Fox property.  Importantly, both Millennium and Gryphon are primarily basement hosted deposits.  Infrastructure in the area is excellent, with the southern edge of the claims being within one kilometer of Fox Lake road which provides year-round exploration access.  \n\nAccording to Saskatchewan government records, no exploration drill holes have ever been completed within the boundary of the Fox property, despite the presence of a 4.5-kilometre-long zone of low magnetic susceptibility that spans the property in a north-south direction and may indicate the presence of prospective metasedimentary basement rocks.  Mineralizati...