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IsoEnergy ( (TSE:ISO) ) has provided an announcement.
IsoEnergy Ltd. and Purepoint Uranium Group Inc. have announced significant progress in their Dorado joint venture project in Saskatchewan’s Athabasca Basin. The latest drilling results from the Nova Discovery zone indicate a substantial extension of high-grade uranium mineralization, with a peak reading of 110,800 CPS. This development suggests a promising expansion of the mineralized structure, although further drilling is currently paused due to ground conditions. The companies plan to resume drilling in winter, aiming to further explore the potential of this significant discovery.
The most recent analyst rating on (TSE:ISO) stock is a Buy with a C$22.00 price target. To see the full list of analyst forecasts on IsoEnergy stock, see the TSE:ISO Stock Forecast page.
More about IsoEnergy
IsoEnergy Ltd. operates in the uranium mining industry, focusing on exploration and development of uranium projects. The company is engaged in joint ventures to expand its resource base, particularly in the Athabasca Basin, a region known for high-grade uranium deposits.
Average Trading Volume: 110,685
Technical Sentiment Signal: Sell
Current Market Cap: C$517.2M
Learn more about ISO stock on TipRanks’ Stock Analysis page.