IsoEnergy and Purepoint Intersect up to 8.1% U3O8 at Dorado Project
Purepoint Uranium (OTCQB: PTUUF) and IsoEnergy announced significant uranium discoveries at their 50/50 joint venture Dorado Project in Saskatchewan's Athabasca Basin. The highlight comes from drill hole PG25-07A, which yielded exceptional results of 2.1 metres grading 1.6% U₃O₈, including 0.4 metres at 8.1% U₃O₈ and an additional 4.9 metres at 0.52% U₃O₈ at the Nova discovery zone.
The companies completed 5,030 metres across 11 holes before wildfires forced an early end to the planned 5,400-metre summer drill program. Additional drilling at Serin and Turaco targets provided valuable geophysical calibration data. Follow-up programs are planned for early 2026, pending final assays and interpretations.
Purepoint Uranium (OTCQB: PTUUF) e IsoEnergy hanno annunciato significativi ritrovamenti di uranio nel loro progetto Dorado, una joint venture 50/50, situato nel Bacino di Athabasca, Saskatchewan. Il punto culminante proviene dal pozzo di perforazione PG25-07A, che ha fornito risultati eccezionali di 2,1 metri con una densità di 1,6% U₃O₈, tra cui 0,4 metri a 8,1% U₃O₈ e ulteriori 4,9 metri a 0,52% U₃O₈ nella zona Nova Discovery.
Le aziende hanno completato 5.030 metri distribuiti su 11 pozzi prima che gli incendi boschivi costringessero una chiusura anticipata del programma di trivellazione estiva da 5.400 metri. Ulteriori trivellazioni nei target Serin e Turaco hanno fornito preziosi dati di calibrazione geofisica. I programmi di follow-up sono pianificati per l'inizio del 2026, in attesa dei finali degli assay e delle interpretazioni.
Purepoint Uranium (OTCQB: PTUUF) e IsoEnergy anunciaron hallazgos significativos de uranio en su proyecto Dorado, una empresa conjunta 50/50 en la Cuenca Athabasca, Saskatchewan. El punto más destacado proviene del pozo de perforación PG25-07A, que arrojó resultados excepcionales de 2,1 metros con 1,6% de U₃O₈, incluyendo 0,4 metros al 8,1% de U₃O₈ y un adicional de 4,9 metros al 0,52% de U₃O₈ en la zona Nova Discovery.
Las compañías completaron 5.030 metros en 11 agujeros antes de que los incendios forestales obligaran a terminar prematuramente el programa de perforación de verano de 5.400 metros. Perforaciones adicionales en los targets Serin y Turaco proporcionaron valiosos datos de calibración geofísica. Se planifican programas de seguimiento para principios de 2026, a la espera de los ensayos finales e interpretaciones.
Purepoint Uranium (OTCQB: PTUUF) 및 IsoEnergy는 Saskatchewan의 Athabasca Basin에 위치한 50/50 공동 투자 Dorado 프로젝트에서 중요한 우라늄 발견을 발표했습니다. 하이라이트는 시추구멍 PG25-07A에서 나왔으며, 1.6% U₃O₈를 2.1미터로, 0.4미터에서 8.1% U₃O₈, 그리고 추가로 4.9미터에서 0.52% U₃O₈가 Nova 발견 구역에서 확인되었습니다.
회사들은 산불로 여름 탐사 프로그램의 5,400미터를 앞당겨 종료되기 전까지 11개의 구멍에 걸쳐 5,030미터를 완성했습니다. Serin과 Turaco 타깃에서의 추가 시추는 귀중한 지구물리 보정 데이터를 제공했습니다. 추후 프로그램은 2026년 초를 목표로 계획되어 있으며, 최종 분석 및 해석에 따라 확정될 것입니다.
Purepoint Uranium (OTCQB: PTUUF) et IsoEnergy annoncent des découvertes significatives d’uranium sur leur projet Dorado, une coentreprise à parts égales dans le bassin Athabasca au Saskatchewan. Le point culminant provient du forage PG25-07A, affichant des résultats exceptionnels de 2,1 mètres à 1,6% U₃O₈, dont 0,4 mètre à 8,1% U₃O₈ et un supplément de 4,9 mètres à 0,52% U₃O₈ dans la zone Nova Discovery.
Les sociétés ont terminé 5 030 mètres sur 11 forages avant que les incendies de forêt n’obligent une fin anticipée du programme estival de forage de 5 400 mètres. Des forages supplémentaires sur les cibles Serin et Turaco ont fourni des données précieuses de calibration géophysique. Les programmes de suivi sont prévus pour le début de 2026, en attendant les analyses finales et les interprétations.
Purepoint Uranium (OTCQB: PTUUF) und IsoEnergy gaben bedeutende Uranfundorte bei ihrem 50/50 Joint Venture Dorado-Projekt im Athabasca-Becken von Saskatchewan bekannt. Der Höhepunkt stammt aus Bohrloch PG25-07A, das außergewöhnliche Ergebnisse von 2,1 Metern mit 1,6% U₃O₈ ergab, einschließlich 0,4 Meter bei 8,1% U₃O₈ und zusätzlich 4,9 Meter bei 0,52% U₃O₈ in der Nova-Entdeckungszone.
Die Unternehmen haben 5.030 Meter über 11 Bohrungen abgeschlossen, bevor Waldbrände das geplante Sommer-Drillprogramm mit 5.400 Metern vorzeitig beenden ließen. Weitere Bohrungen bei den Zielen Serin und Turaco lieferten wertvolle geophysikalische Kalibrierdaten. Folgeprogramme sind für Anfang 2026 geplant, vorbehaltlich der endgültigen Assays und Interpretationen.
Purepoint Uranium (OTCQB: PTUUF) و IsoEnergy أعلنتا عن اكتشافات مهمة لليورانيوم في مشروع Dorado المشترك بنسب 50/50 في حوض Athabasca بسياركنشج. أبرز النتائج تأتي من بئر الحفر PG25-07A، الذي أظهر نتائج استثنائية تبلغ 2.1 متر بتركيز 1.6% U₃O₈، بما في ذلك 0.4 متر عند 8.1% U₃O₈ و 4.9 متر عند 0.52% U₃O₈ في منطقة Nova Discovery.
أكملت الشركتان 5,030 مترًا عبر 11 بئرًا قبل أن تجبرها حرائق الغابات على إنهاء برنامج الحفر الصيفي المقرر بطول 5,400 متر مبكرًا. حفقات إضافية في أهداف Serin وTuraco وفرت بيانات معايرة جيوفزيائية قيمة. من المخطط برامج متابعة في مطلع 2026، رهناً بالتحليلات والتفسيرات النهائية.
Purepoint Uranium（OTCQB: PTUUF） 与 IsoEnergy 宣布在他们的 Dorado 项目（萨斯喀彻温省 Athabasca 盆地，50/50 合资）取得重大铀矿发现。亮点来自钻孔 PG25-07A，取得的结果为 2.1 米，U₃O₈ 含量 1.6%，其中 0.4 米为 8.1% U₃O₈，在 Nova 探区还另外获得 4.9 米，0.52% U₃O₈。
两家公司在夏季钻探计划中完成了 11 根钻孔 共 5,030 米，但野火迫使计划中的 5,400 米钻探提前结束。对 Serin 和 Turaco 目标的进一步钻探提供了宝贵的地球物理校准数据。后续计划于 2026 年初启动，待最终分析和解释结果出炉后再作决定。
- Exceptional uranium grades discovered with up to 8.1% U₃O₈ in drill hole PG25-07A
- Multiple high-grade intersections confirm strong mineralization at Nova discovery zone
- Successful completion of 5,030 metres of drilling across 11 holes
- Additional drilling at Serin and Turaco targets provided valuable calibration data for future exploration
- Planned 5,400-metre summer drill program cut short due to regional wildfires
- Celeste project drilling deferred due to wildfire risks
- No significant uranium mineralization encountered in Turaco Grid drilling
Insights
Significant high-grade uranium discovery at Dorado Project with excellent 8.1% U3O8 results indicating strong economic potential.
The assay results from the Dorado Project represent a significant uranium discovery with impressive grades. The highlight intersection of 8.1% U3O8 over 0.4 meters within a broader 2.1-meter zone grading 1.6% U3O8 is particularly noteworthy in the uranium sector. These are exceptional grades when you consider that many economic uranium deposits operate at grades below 1%.
The Nova discovery zone is showing multiple mineralized intervals in the same drill hole (PG25-07A), with an additional 4.9 meters at 0.52% U3O8 including higher-grade sections. This pattern of stacked mineralization suggests a robust hydrothermal system capable of concentrating uranium in multiple horizons.
From a geological perspective, this discovery appears to be in the basement rocks below the Athabasca Basin's unconformity (given the depths of 380+ meters), which is consistent with other significant uranium deposits in the region. While the release doesn't specify the deposit style, the high grades and structural controls suggested in the release are typical of unconformity-related uranium deposits that the Athabasca Basin is famous for.
The interrupted drilling program due to wildfires is unfortunate but not uncommon in northern Saskatchewan. Despite completing only 5,030 meters of the planned 5,400 meters, the program has achieved its primary objective of confirming high-grade mineralization. The deferral of the Celeste project drilling is a minor setback but reasonable given the safety concerns.
The joint venture structure (50/50) between IsoEnergy and Purepoint provides balanced exposure to this discovery for both companies, with shared costs and risks. For Purepoint, as the smaller partner, this discovery could be particularly transformative to their overall asset portfolio and market valuation.
High-grade uranium discovery provides Purepoint with significant upside potential amid improving uranium market fundamentals.
These initial assay results demonstrate exceptional uranium grades that significantly enhance the economic potential of the Dorado Project. The 8.1% U3O8 over 0.4 meters is particularly impressive when compared to the global average uranium grade of approximately 0.1-0.2% for operating mines. Even the broader intervals of 1.6% over 2.1 meters and 0.52% over 4.9 meters represent grades well above what would typically be considered economic.
From an investment perspective, the timing of this discovery is especially favorable. The uranium market has been strengthening with prices rising from the $20s/lb earlier this decade to around $60-70/lb currently, driven by supply constraints and growing nuclear power demand for clean energy. High-grade discoveries like Nova become substantially more valuable in this pricing environment.
For Purepoint specifically, as the smaller market cap partner in this 50/50 joint venture, this discovery could be transformative. Junior explorers with significant high-grade uranium discoveries in the Athabasca Basin have historically seen substantial market revaluations. The partnership with IsoEnergy, which has a stronger balance sheet, also ensures the project can be advanced without immediate capital constraints.
The multiple mineralized zones identified in PG25-07A suggest potential for a sizeable resource with continued drilling. While the wildfire interruption is unfortunate, the company has still managed to establish a solid foundation for follow-up work. The assay results provide hard evidence of the system's potential, reducing investor risk for the next phase of exploration.
Investors should note that the Nova discovery appears to be open in multiple directions based on the longitudinal section and planned follow-up drilling mentioned. This suggests significant resource growth potential in 2026 drilling programs, creating a compelling catalyst timeline for both companies.
Toronto, Ontario--(Newsfile Corp. - September 18, 2025) - IsoEnergy Ltd. (NYSE American: ISOU) (TSX: ISO) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") today announced the receipt of partial assay results from the summer drill program at the companies' 50/50 joint venture Dorado Project (the "Dorado Project"), located on the southeastern margin of Saskatchewan's Athabasca Basin. The highlight comes from drill hole PG25-07A, which returned 2.1 metres grading
"Eight percent uranium is an excellent grade from the centre of the very strong radioactive interval drilled by hole 7A," said Chris Frostad, President and CEO of Purepoint Uranium. "These assays reinforce the strength of this newly discovered system and provide a solid anchor point as we continue to test the mineralized structure in all directions."
Highlights:
Drill hole PG25-07A intersected 0.4 metres at
8.1% U₃O₈ from within 2.1 metres of1.6% U₃O₈ at the Nova discovery zone. The hole also returned an additional 4.9 metres at0.52% U₃O₈, that included 0.4 metres at2.9% U₃O₈.Select samples from PG25-07A were fast-tracked for assay to confirm uranium grades and mineral composition. Full assays from all holes remain pending.
A total of 5,030 metres were completed across 11 holes before wildfires curtailed the planned 5,400-metre summer drill program.
Additional drilling at Serin and Turaco targets, within the Dorado Project, has provided valuable data for calibration of the project's geophysics.
Celeste project drill program deferred due to ongoing wildfire risks across northern Saskatchewan.
Follow-up programs planned for early 2026 pending final assays and geologic/geophysical interpretation.
Despite having time and budget remaining, the program was cut short due to regional wildfires that limited helicopter access and created hazardous field conditions. As a result, drilling at the nearby Celeste project, also a Purepoint-IsoEnergy joint venture, has been deferred to a future program.
Table 1: Assay Results of Nova Discovery Drill Holes Received to Date
| Hole ID | From (m) | To (m) | Length | % U3O8 |
| PG25-07A | 384.3 | 386.4 | 2.1 | 1.62 |
| Includes | 386.0 | 386.4 | 0.4 | 8.13 |
| 391.8 | 396.7 | 4.9 | 0.52 | |
| Includes | 392.6 | 392.9 | 0.3 | 2.47 |
| Includes | 394.5 | 394.9 | 0.4 | 2.92 |
| 399.4 | 399.7 | 0.3 | 0.24 | |
| 402.2 | 402.8 | 0.6 | 0.25 | |
| Previously Reported Assays | ||||
| PG25-04 | 386.3 | 386.9 | 0.6 | 0.96 |
| 409.1 | 409.5 | 0.4 | 0.15 | |
| PG25-05 | 328.9 | 329.9 | 1.0 | 2.19 |
| Includes | 329.2 | 329.5 | 0.3 | 5.38 |
| 399.3 | 399.6 | 0.3 | 0.10 | |
Turaco Grid Drilling
Two holes (TUR25-01 and TUR25-02) totaling 832 metres were completed at the Turaco Grid, targeting two parallel, newly reinterpreted airborne electromagnetic (EM) conductors within Zone 3. Neither hole encountered anomalous radioactivity, but both the results will help calibrate the Dorado Project's updated geophysical model. The highest radioactivity returned from the downhole probe was 578 CPS.
Serin Grid Drilling
Two holes (SL25-10 and SL25-11) were drilled at the Serin Grid, totaling 1,032 metres. While uranium mineralization was not encountered in SL25-10, anomalous radioactivity was hosted by a 6-metre-wide chloritized pegmatite in SL25-11 and returned up to 1,200 CPS from the downhole gamma probe. The drill hole results provide valuable insights into the basement geology and structural context that will guide future targeting.
Next Steps
Purepoint and IsoEnergy are now awaiting the full suite of geochemical assays and structural interpretations for the 2025 drill program. The results will support detailed planning for follow-up drilling in 2026, focused on expanding Nova and testing priority corridors across the broader Dorado Project property.
Figure 1: Location of the Q48 Nova Discovery, Q2, Turaco & Serin Target areas, the initial focus of the 2025 drill program, highlighted
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* See Qualified Person Statement below.
Figure 2: Location Map of 2025 Drill Program at Q48 Target Area and the new Nova Discovery
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Figure 3: Vertical Longitudinal Section of the Nova Discovery
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About the Dorado JV Project
The Dorado Project (Figure 3) is the flagship project of the IsoEnergy-Purepoint 50/50 joint venture, a partnership encompassing more than 98,000 hectares of prime uranium exploration ground. The Dorado Project includes the former Turnor Lake, Geiger, Edge, and Full Moon properties, all underlain by graphite-bearing lithologies and fault structures favorable for uranium deposition.
Recent drilling by IsoEnergy east of the Hurricane Deposit has intersected strongly elevated radioactivity in multiple holes. The anomalous radioactivity confirms the continuity of fertile graphitic rock package and further highlights the opportunity for additional high-grade discoveries across the region.
The shallow unconformity depths across the Dorado Project property—typically between 30 and 300 metres—allow for highly efficient drilling and rapid follow-up on results.
Figure 4: IsoEnergy and Purepoint Uranium Joint Venture including, Dorado Project, Aurora Project and Celeste Block
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* See Qualified Person Statement below.
Gamma Logging and Geochemical Assaying
A Mount Sopris 2PGA-1000 downhole total gamma probe was utilized for radiometric surveying. All drill intercepts are core width and true thickness is yet to be determined.
Core samples are submitted to the Saskatchewan Research Council ("SRC") Geoanalytical Laboratories in Saskatoon. The SRC facility is independent of IsoEnergy and Purepoint and is ISO/IEC 17025:2005 accredited by the Standards Council of Canada (scope of accreditation #537). The samples are analyzed for a multi-element suite, including uranium, using partial and total digestion and inductively coupled plasma (ICP) mass spectroscopy (MS) and optical emission spectroscopy (OES) methods. Boron sample analysis includes by fusion in a Na2O2/NaCO3 flux. followed by solution in deionized water and analysis by ICP-OES. The U3O8% values reported here are derived from uranium-total (Ut) results measured by total digestion preparation followed by ICP-OES analysis. The Ut results are reported by SRC in parts per million (ppm) and are converted to U3O8% by multiplying by 1.17924 and dividing by 10,000.
The basement rock drill core is NQ in size and samples are created in the field by spitting the core in half. Field duplicate samples are also created in the field by spitting every 30th sample of remaining core; one quarter is sent to the laboratory and one quarter of the core remains in the core box. Data verification includes internal SRC laboratory quality assurance and quality control (QA/QC), blanks, comparison of results of the duplicate samples and variance of standard samples.
References
Alonso, D., Dalidowicz, F., Mondy, J., 1991: Henday Lake Project 1991 Winter Activities and Results, Cogema Canada Limited. Saskatchewan Mineral Assessment File Number 74I-0053.
Cutts, C. and Lesiczka, M., 2007: Henday Lake Project 2007 Activities and Results, Areva Resources Canada Inc. Saskatchewan Mineral Assessment File Number 74I08-0071.
Donmez, S., 2013: Hatchet Lake Project, Richardson Lake Area, Winter 2013 Diamond Drilling Program, Denison Mines Corp. Saskatchewan Mineral Assessment File Number MAW00308
Goulet, D., Pascal, M., and Donmez, S., 2015: Murphy Lake Diamond Drilling Program and Slingram Moving Loop Surface Transient Electromagnetic Survey, Denison Mines Corp., Saskatchewan Mineral Assessment File Number MAW01724
Munholland, P. and Bingham, D., 1999: Henday Lake Project 1999 Activities and Results, Cogema Resources Inc. Saskatchewan Mineral Assessment File Number 74I09-0062.
Qualified Person Statement
The scientific and technical information contained in this news release relating to IsoEnergy and Purepoint was reviewed and approved by Dr. Dan Brisbin, P.Geo., IsoEnergy's Vice President, Exploration and Scott Frostad BSc, MASc, P.Geo., Purepoint's Vice President, Exploration, who are "Qualified Persons" (as defined in NI 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")).
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 (NYSE American: ISOU) (TSX: ISO) 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's Athabasca 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
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) is a focused explorer with a dynamic portfolio of advanced projects within the renowned Athabasca Basin in Canada. Highly prospective uranium 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 VMS project currently optioned to and strategically positioned adjacent to and on trend with Foran Mining Corporation's McIlvenna 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.
For more information, please contact:
IsoEnergy Ltd.
Philip Williams, CEO and Director
(833) 572-2333
info@isoenergy.ca
www.isoenergy.ca
Purepoint Uranium Group Inc.
Chris Frostad, President & CEO
Phone: (416) 603-8368
Email: cfrostad@purepoint.ca
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". This forward-looking information may relate to additional planned exploration activities, including the timing thereof and the anticipated results thereof; and any other activities, events or developments that the companies expect or anticipate will or may occur in the future.
Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Such assumptions include, but are not limited to, that planned exploration activities are completed as anticipated; the anticipated costs of planned exploration activities, the price of uranium; that general business and economic conditions will not change in a materially adverse manner; that financing will be available if and when needed and on reasonable terms; and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Joint Venture's planned activities will be available on reasonable terms and in a timely manner. Although each of IsoEnergy and Purepoint have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
Such statements represent the current views of IsoEnergy and Purepoint with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by IsoEnergy and Purepoint, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include but are not limited to the following: the inability of the Joint Venture to complete the exploration activities as currently contemplated; ; uncertainty of additional financing; no known mineral resources or reserves; aboriginal title and consultation issues; reliance on key management and other personnel; actual results of technical work programs and technical and economic assessments being different than anticipated; regulatory determinations and delays; stock market conditions generally; demand, supply and pricing for uranium; and general economic and political conditions. Other factors which could materially affect such forward-looking information are described in the risk factors in each of IsoEnergy's and Purepoint's most recent annual management's discussion and analyses or annual information forms and IsoEnergy's and Purepoint's other filings with the Canadian securities regulators which are available, respectively, on each company's profile on SEDAR+ at www.sedarplus.ca. IsoEnergy and Purepoint do not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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FAQ
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