financetom
Business
financetom
/
Business
/
IsoEnergy Identifies Six New Drill Targets at Larocque East Project in Athabasca Basin
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
IsoEnergy Identifies Six New Drill Targets at Larocque East Project in Athabasca Basin
Aug 15, 2024 5:21 AM

08:14 AM EDT, 08/15/2024 (MT Newswires) -- IsoEnergy ( ISENF ) ( ISO.TO) said Thursday that it generated six new "high-priority" drill targets at the Larocque East project in the Athabasca Basin after completing Ambient Noise Tomography (ANT) surveys at the site.

The company said the surveys between May and August 2024 covered 20 square kilometers and over seven kilometers of the prospective conductor corridor to the east of the Hurricane deposit, "designed to assess the remaining eastern extent of the property which has seen limited previous drilling".

IsoEnergy ( ISENF ) said it will expand its current summer drilling program to include the new target areas. To date, 23 diamond drill holes of the planned 27-hole program have been completed as part of the ongoing summer exploration program, totaling 9,660 meters, the results of which will be forthcoming on completion of the program anticipated in late August.

"As our summer exploration program continues, we are encouraged by the recent ANT survey results, which highlight that the potential of the mineralizing system extends further to the east than was identified by historical exploration at Larocque East, uncovering numerous high-priority targets," said Darryl Clark, IsoEnergy's ( ISENF ) executive vice president for exploration and development.

ISO rose 3.85% yesterday to $2.96.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Wesco International Acquires entroCIM
BRIEF-Wesco International Acquires entroCIM
Jun 5, 2024
June 5 (Reuters) - Wesco International Inc ( WCC ): * WESCO INTERNATIONAL ACQUIRES ENTROCIM, AN INNOVATOR IN DATA CENTER AND BUILDING INTELLIGENCE SOFTWARE * WESCO INTERNATIONAL INC ( WCC ): INITIAL PURCHASE PRICE WAS $30 MILLION WITH OPPORTUNITY FOR AN ADDITIONAL EARNOUT BASED ON PERFORMANCE * WESCO INTERNATIONAL INC ( WCC ): ADDITIONAL TERMS OF TRANSACTION WERE NOT DISCLOSED...
Two Cogent Communications Units Plan $300 Million Unregistered Senior Unsecured Notes Offering
Two Cogent Communications Units Plan $300 Million Unregistered Senior Unsecured Notes Offering
Jun 5, 2024
08:30 AM EDT, 06/05/2024 (MT Newswires) -- Cogent Communications Holdings ( CCOI ) said Wednesday its Cogent Communications Group and Cogent Finance units intend to launch an unregistered offering of $300 million of 7.000% senior unsecured notes due 2027 to qualified institutional buyers. The company said Cogent Communications Group plans to use about $110 million of the net proceeds from...
BRIEF-Ambac Financial To Sell Legacy Financial Guarantee Business To Funds Managed By Oaktree Capital
BRIEF-Ambac Financial To Sell Legacy Financial Guarantee Business To Funds Managed By Oaktree Capital
Jun 5, 2024
June 5 (Reuters) - Ambac Financial Group Inc ( AMBC ): * AMBAC FINANCIAL GROUP, INC. ( AMBC ) TO SELL LEGACY FINANCIAL GUARANTEE BUSINESS TO FUNDS MANAGED BY OAKTREE CAPITAL MANAGEMENT, L.P. * AMBAC FINANCIAL GROUP INC ( AMBC ): SALE FOR $420 MILLION IN CASH * AMBAC FINANCIAL GROUP INC ( AMBC ): OAKTREE WILL RECEIVE WARRANTS TO...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell as Focus Shifts to Market Reports This Week
Exchange-Traded Funds, Equity Futures Higher Pre-Bell as Focus Shifts to Market Reports This Week
Jun 5, 2024
08:19 AM EDT, 06/05/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.3% and the actively traded Invesco QQQ Trust (QQQ) was 0.6% higher in Wednesday's premarket activity, as traders shifted their focus to the slew of market reports due this week. US stock futures were also higher, with S&P...
Copyright 2023-2026 - www.financetom.com All Rights Reserved