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An update from IsoEnergy ( (TSE:ISO) ) is now available.
IsoEnergy Ltd. and Purepoint Uranium Group Inc. have announced promising initial assay results from their joint venture Dorado project’s Nova Discovery in Saskatchewan’s Athabasca Basin. The assays from the first two drill holes reveal significant uranium mineralization, with grades up to 5.4% U₃O₈, underscoring the potential of the Nova Discovery. The results validate the presence of a robust uranium-bearing structure, and further drilling is planned to extend the mineralized trend, which could enhance the project’s value and impact the companies’ market positioning in the uranium sector.
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 primarily engaged in discovering and advancing uranium deposits in the Athabasca Basin, a region known for high-grade uranium resources.
Average Trading Volume: 123,542
Technical Sentiment Signal: Sell
Current Market Cap: C$461.4M
See more data about ISO stock on TipRanks’ Stock Analysis page.