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IsoEnergy Ltd. reports uranium exploration, development and financing activity tied to its portfolio in Canada, the United States and Australia. The company advances the Larocque East project in the Athabasca Basin, including the Hurricane deposit, and issues drilling updates from mineralized trends, fault zones and greenfield targets.
Company updates also cover U.S. uranium work in southeast Utah, including the Flatiron project near the past-producing Tony M mine and a portfolio of permitted past-producing conventional uranium and vanadium mines with a toll milling arrangement. Recurring capital-markets news includes bought deal financings, private placements, at-the-market equity programs and use-of-proceeds disclosures for mineral property development, exploration and corporate purposes.
IsoEnergy (NYSE American: ISOU) has started a bulk sample program at its 100%‑owned Tony M uranium mine in Utah to collect technical, operational, and economic data toward a potential production restart.
The program will extract up to 2,000 tons of mineralized material over a 12–14 week period (commenced late December 2025) and will use contract mining by GenX with toll‑processing at Energy Fuels’ White Mesa Mill. Recent work reduced the SITLA royalty from 8% to 3%, and testwork shows >90% uranium recovery in two processing tests, supporting lower capital intensity and restart economics.
IsoEnergy (NYSE American: ISOU) acquired 2,135,760 common shares and warrants to buy 2,708,627 shares of Premier American Uranium (PUR) in exchange for 100,000 IsoEnergy shares issued at a deemed price of $11.58 per share, representing aggregate consideration of $1,158,000.
After the Transaction IsoEnergy holds 6,381,601 PUR shares and warrants to acquire 2,876,335 shares, representing approximately 9.42% of PUR on a non-diluted basis and 13.11% on a partially-diluted basis (before conversion of compressed PUR shares). Assuming conversion of compressed shares, those holdings equal about 8.09% non-diluted and 11.32% partially-diluted.
The securities are held for investment and IsoEnergy filed an early warning report under National Instrument 62-103.
IsoEnergy (NYSE American: ISOU) reported 2025 exploration results from Larocque East and Hawk, with 15,597 m in 39 holes year-to-date and summer drilling of 9,561 m in 22 holes. Multiple holes returned strong uranium geochemistry including LE25-202: 1.05% U3O8 over 0.5 m (2.8 km east of Hurricane), LE25-207: 1.61% and 1.71% U3O8 over 0.5 m near the Hurricane South trend, and LE25-194: 0.872% U3O8 over 0.5 m on the Main trend.
Winter 2026 drilling plans anticipate 5,200 m in 13 holes; additional 2026 geophysics and targeting planned across multiple projects. IsoEnergy also appointed Misty Urbatsch as VP, Strategy and Commercial.
IsoEnergy (NYSE American: ISOU) agreed to acquire Toro Energy (ASX: TOE) via a scheme of arrangement announced Oct 12–13, 2025.
Under the SID, Toro shareholders will receive 0.036 ISO Shares per Toro Share (A$0.584 implied), valuing Toro at ~A$75.0M (C$68.1M). Pro forma ownership is ~92.9% IsoEnergy and 7.1% Toro on a fully diluted in‑the‑money basis.
The combined group holds NI 43‑101 resources of 55.2 Mlbs U3O8 M&I plus 4.9 Mlbs Inferred, and JORC resources of 78.1 Mlbs M&I and 34.6 Mlbs Inferred, adding Toro's Wiluna Uranium Project to IsoEnergy's pipeline.
IsoEnergy (NYSE American: ISOU) and Purepoint Uranium reported significant uranium discoveries from their summer drill program at the 50/50 joint venture Dorado Project in Saskatchewan's Athabasca Basin. The standout result came from drill hole PG25-07A, which yielded 2.1 metres grading 1.6% U₃O₈, including an impressive 0.4 metres at 8.1% U₃O₈, plus an additional 4.9 metres at 0.52% U₃O₈.
The companies completed 5,030 metres across 11 holes before wildfires forced an early end to the planned 5,400-metre program. Additional drilling at Serin and Turaco targets provided valuable geophysical calibration data. The planned Celeste project drilling was deferred due to wildfire risks. Follow-up programs are scheduled for early 2026 pending final assays and interpretations.
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.
IsoEnergy (NYSE American: ISOU) has launched its 2025 U.S. exploration program, focusing on uranium projects in southeast Utah. The program includes 10 surface rotary holes totaling 15,000 feet at the Flatiron claims in the Henry Mountains uranium district. The company's 8,800-acre Flatiron project is strategically positioned near the Tony M and Bullfrog deposits, in a district that has historically produced 1.4 million lbs of U3O8.
The exploration will target the Salt Wash Member of the Morrison Formation, with potential for both uranium and vanadium mineralization. Additionally, IsoEnergy continues fieldwork at its Daneros and Sage Plain past-producing mines, focusing on understanding the sedimentary framework to guide future exploration efforts. The company aims to position itself as a key domestic uranium supplier, particularly relevant amid discussions about expanding the U.S. Strategic Uranium Reserve.
IsoEnergy (NYSE American: ISOU) and Purepoint Uranium reported significant uranium mineralization from initial assays at their joint venture Dorado project's Nova Discovery in Saskatchewan's Athabasca Basin. Drill hole PG25-05 yielded 2.2% U₃O₈ over 1.0 metre, including an impressive 5.4% U₃O₈ over 0.3 metres, while PG25-04 returned 1.0% U₃O₈ over 0.6 metres.
The discovery confirmed high-grade uranium in a steeply dipping, brittle basement fault that remains open to the northeast. Notably, assays from PG25-07, which recorded the strongest radioactivity readings to date (peaking at 110,800 CPS), are still pending. The companies plan follow-up drilling to extend the mineralized trend northeast during winter when frozen ground enables land-based access.
IsoEnergy (NYSE American: ISOU) and Purepoint Uranium reported significant drilling results from their 50/50 Dorado joint venture project in Saskatchewan's Athabasca Basin. The latest drill hole, PG25-07A, extended the "Nova Discovery" mineralization by 70 metres northeast, delivering the strongest intercept to date with an average of 11,100 CPS over 14.0 metres and a peak reading of 110,800 CPS.
The mineralization remains open to the northeast, with increasing radioactivity noted. Due to wet marsh conditions, further drilling is postponed until winter. The drill rig has been moved to the Turaco target, 8 km northeast of Q48, where up to four holes are planned as part of the 5,400-metre drill program for 2025.
IsoEnergy (NYSE: ISOU) and Purepoint Uranium (OTCQB: PTUUF) have reported significant drilling results from their 50/50 Dorado joint venture project in Saskatchewan's Athabasca Basin. The latest drill hole, PG25-07A, extended the "Nova Discovery" at the Q48 target by 70 metres northeast, revealing strong uranium mineralization averaging 11,100 CPS over 14.0 metres, with a peak reading of 110,800 CPS.
The mineralization remains open to the northeast, where radioactivity is increasing, but drilling has been temporarily paused due to wet marsh conditions. The joint venture partners have approved a 5,400-metre drill program for 2025, with operations now moving to the Turaco target, located 8 km northeast of Q48, where up to four holes are planned.