Core Insights - IsoEnergy and Purepoint announced high-grade uranium mineralization at the Nova Discovery in the Dorado project, with assay grades reaching up to 5.4% U3O8 from initial drill holes [1][3][6] - The results from drill holes PG25-04 and PG25-05 confirm the significance of the mineralization at the Q48 target, with PG25-05 returning 1.0 metre grading 2.2% U3O8, including 0.3 metres at 5.4% U3O8 [1][4][10] - Assays from PG25-07 are pending, which are expected to provide further insights into the mineralized system [1][3][6] Summary by Sections Assay Results - Initial assays from drill holes PG25-04 and PG25-05 confirmed high-grade uranium mineralization, with PG25-05 showing 1.0 metre at 2.2% U3O8 and PG25-04 showing 0.6 metres at 1.0% U3O8 [1][4][6] - The assay results validate the mineralization first intersected at Q48, which is hosted in a steeply dipping, brittle basement fault [6][10] Drilling Details - The Dorado project encompasses over 98,000 hectares of uranium exploration ground, including the former Turnor Lake, Geiger, Edge, and Full Moon properties [21][32] - The drilling program is designed to extend the mineralized trend northeast, with follow-up drilling planned for winter when ground conditions are favorable [6][22] Company Profiles - IsoEnergy is a globally diversified uranium company with significant resources in top mining jurisdictions and is advancing its Larocque East project in the Athabasca basin [32] - Purepoint Uranium Group focuses on uranium exploration in the Athabasca Basin and operates advanced projects in partnership with industry leaders [33][34]
IsoEnergy and Purepoint Report Assay Grades of up to 5.4% U3O8 from Initial Holes at the Nova Discovery on the Dorado JV