
IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) and Purepoint Uranium Group Inc. (TSX-V: PTU) (OTCQB: PTUUF) are pleased to announce the commencement of their 2025 exploration program, supported by a $5,000,000 budget for the newly formed 50/50 joint venture.
The Joint Venture spans over 98,000 hectares and consolidates 10 high-valued uranium projects into three distinctive areas in Saskatchewan’s eastern Athabasca Basin: the Dorado Project, the Aurora Project and the Celeste Block (Figure 1).
Figure 2: Location of the Larocque Trend which hosts the high-grade Hurricane deposit and high-grade uranium occurrences on the newly formed Dorado Project, the primary focus of 2025. * See Qualified Person Statement below. (CNW Group/IsoEnergy Ltd.)
Dorado Project: Unlocking the Potential of the Larocque Trend
Aurora Project: Shallow Uranium Targets Along the Athabasca Basin’s Edge
Celeste Block: Preparing Southern Targets for Exploration
“The 2025 Joint Venture program underscores our focus on advancing Dorado within the Larocque Trend, an area of exceptional potential,” said Chris Frostad, President and CEO of Purepoint. “While Dorado is the centerpiece of this coming year’s efforts, we are also performing critical work on the Aurora and Celeste Block projects to ensure these promising targets remain ready for future exploration. Purepoint is excited to execute on the program as the operator, with IsoEnergy’s oversight providing valuable guidance and expertise.”
Qualified Person Statement
The scientific and technical information contained in this news release relating to IsoEnergy was reviewed and approved by Dr. Dan Brisbin, P.Geo., IsoEnergy’s Vice President, Exploration, who is a “Qualified Person” (as defined in NI 43-101 – Standards of Disclosure for Mineral Projects).
For additional information with respect to the current mineral resource estimate for IsoEnergy’s Hurricane Deposit, please refer to the Technical Report prepared in accordance with NI 43-101 entitled “Technical Report on the Larocque East Project, Northern Saskatchewan, Canada” dated August 4, 2022, available under IsoEnergy’s profile at www.sedarplus.ca.
This news release refers to properties other than those in which IsoEnergy and Purepoint have an interest. Mineralization on those other properties is not necessarily indicative of mineralization on the Joint Venture properties.
About IsoEnergy Ltd.
IsoEnergy (TSX: ISO) (OTCQX: ISENF) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada, the U.S. and Australia at varying stages of development, providing near-, medium- and long-term leverage to rising uranium prices. IsoEnergy is currently advancing its Larocque East project in Canada’sAthabasca basin, which is home to the Hurricane deposit, boasting the world’s highest-grade indicated uranium mineral resource.
IsoEnergy also holds a portfolio of permitted past-producing, conventional uranium and vanadium mines in Utah with a toll milling arrangement in place with Energy Fuels. These mines are currently on standby, ready for rapid restart as market conditions permit, positioning IsoEnergy as a near-term uranium producer.
About Purepoint Uranium Group Inc.
Purepoint Uranium Group Inc. (TSX-V: PTU) (OTCQB: PTUUF) is a focused explorer with a dynamic portfolio of advanced projects within the renowned Athabasca Basin in Canada. The most prospective projects are actively operated on behalf of partnerships with industry leaders including Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd.
Additionally, the Company holds a promising VHMS project currently optioned to and strategically positioned adjacent to and on trend with Foran Corporation’s McIlvena Bay project. Through a robust and proactive exploration strategy, Purepoint is solidifying its position as a leading explorer in one of the globe’s most significant uranium districts.
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