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IsoEnergy Commences 2026 Winter Drilling Program at the Larocque East Project, Athabasca Basin

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TORONTO, Jan. 20, 2026 /PRNewswire/ - IsoEnergy Ltd. ("IsoEnergy", or the "Company") (NYSE American:...

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AI Summary

IsoEnergy has initiated its 2026 winter exploration program at the Larocque East project, targeting resource expansion at the high-grade Hurricane deposit. Positive outcomes could significantly boost its uranium resources, impacting its market position favorably as uranium prices rise.

Sentiment Rationale

Successful exploration outcomes can significantly enhance resource estimates, mirroring historical behaviors seen in the sector where positive drill results lead to price spikes.

Trading Thesis

Consider bullish on ISOU for the next 6-12 months based on exploration potential.

Market-Moving

  • Winter exploration results could drive ISOU price volatility.
  • Positive drill results may improve market perception and stock valuation.
  • Emerging greenfield targets add further growth potential in upcoming reports.
  • Exploration successes might attract institutional interest in ISOU.

Key Facts

  • IsoEnergy has begun its 2026 winter exploration program on Larocque East.
  • The program includes 5,200 m of diamond drilling in high-grade areas.
  • Hurricane deposit has a current resource of 48.6 Mlb U₃O₈ indicated.
  • Successful drilling may lead to enhanced resource expansion and new discoveries.
  • The project benefits from excellent infrastructure and shallow mineralization.

Companies Mentioned

  • Energy Fuels (UUUU): IsoEnergy has a toll milling arrangement with Energy Fuels.

Corporate Developments

This fits within 'Corporate Developments' as it details IsoEnergy's strategic exploration initiatives, demonstrating their commitment to expanding their resource base, which is critical in the capital-intensive mining sector.

IsoEnergy Launches 2026 Winter Drilling Program at Larocque East Project

IsoEnergy Ltd. ("IsoEnergy" or the "Company") (NYSE American: ISOU; TSX: ISO) has announced the commencement of its 2026 winter exploration program at the Larocque East project, located in the eastern Athabasca Basin, Canada. This exciting initiative targets the high-grade Hurricane deposit and involves approximately 5,200 meters of diamond drilling across up to 13 drill holes, aiming to expand the resource base and explore new greenfield targets extending three kilometers east along trend.

Current Mineral Resource and Project Infrastructure

The Hurricane deposit boasts a significant mineral resource of 48.6 million pounds of U₃O₈ at 34.5% U₃O₈ indicated and 2.7 million pounds of U₃O₈ at 2.2% U₃O₈ inferred. Boasting robust infrastructure, the Larocque East project is strategically located approximately 40 kilometers northwest of the McClean Lake mill, featuring relatively shallow mineralization at around 325 meters depth, which enhances both exploration and future development potential.

Key Highlights of the Winter Drilling Program

  • Mobilization for winter drilling has commenced, targeting resource expansion at the Hurricane deposit and greenfield targets.
  • Resource expansion targets will focus on the North and South trends where previously successful drill holes demonstrated substantial mineralization.
  • The South trend is highlighted by previous drill hole LE25-207, yielding 1.61% U₃O₈ over 0.5 meters and additional intervals returning 1.71% and 0.486% U₃O₈, showcasing strong potential for continued exploration success.
  • Greenfield targets will follow up on drill hole LE25-202, which found 1.05% U₃O₈ over 0.5 meters, marking the strongest intersection on the project outside the Hurricane deposit area.

Expert Perspectives on the Program

Dan Brisbin, Vice President of Exploration at IsoEnergy, commented, "Our project team has mobilized to the Larocque camp, and we are excited to launch our winter exploration program. Planned drilling is expected to build on positive 2025 results and focus on testing deposit expansion targets around the margins of the Hurricane deposit while searching for new deposits along the highly prospective Larocque Trend."

Details of Resource Expansion and Target Areas

The drilling will concentrate on promising resource expansion targets within the North and South trends adjacent to the Hurricane deposit. These areas are characterized by low seismic velocity anomalies that may indicate prospective alteration zones. Significant mineralization was previously encountered in drill holes along these trends, providing a strong foundation for further exploration.

North Trend

The North Trend has shown continuous uranium mineralization linked to geological features such as discontinuous faults and anomalous uranium geochemistry. Notably, drill hole LE25-218 intersected 0.312% U₃O₈ over 0.5 meters, promoting optimism for future exploration.

South Trend

Exciting mineralization results were also reported in the South Trend, including drill hole LE25-207, which returned 1.61% and 1.71% U₃O₈ over distinct intervals, thus underscoring the prospectivity of this area. Current plans involve extensive testing at both the North and South trends, as multiple intervals show significant mineralization.

Greenfield Exploration

Notably, drill hole LE25-202, completed 2.8 kilometers east of the Hurricane deposit, showcased remarkable potential by intersecting the project's best mineralization outside the Hurricane area with results of 1.05% U₃O₈ over 0.5 meters. Despite challenges such as drilling on a lake, the company aims to further explore these promising targets.

Qualified Person Statement

The scientific and technical information in this release has been reviewed and approved by Dr. Dan Brisbin, P.Geo., IsoEnergy's Vice President of Exploration, who qualifies as a "Qualified Person" per NI 43-101 standards. Additional exploration results and methodologies are available in previous press releases and technical reports.

About IsoEnergy Ltd.

IsoEnergy (NYSE American: ISOU; TSX: ISO) is a leading, globally diversified uranium company, recognized for its substantial current and historical mineral resources. The company continues to focus on delivering sustainable value through effective exploration and development strategies.

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