VANCOUVER, BC, Oct. 27, 2020 /CNW/ – IsoEnergy Ltd. (“IsoEnergy” or the “Company“) (TSXV: ISO) (OTCQX: ISENF) is pleased to announce that it has entered into a binding Heads of Agreement (the “Agreement“) with 92 Energy Pty. Ltd. (“92 Energy“) for 92 Energy to acquire a 100% interest in IsoEnergy’s Clover, Gemini, and Tower uranium properties in Saskatchewan, Canada (the “Properties“).
The Properties are located in the Eastern Athabasca Basin, Saskatchewan, and were staked by IsoEnergy in May, 2020 (see Figure 1). The Clover property is 23,959ha and contains over 40km of electromagnetic geophysical conductors. The Gemini property is 5,783ha and is located along the eastern basin margin 60km northeast of the Key Lake uranium mill. The Tower property is 6,301ha and is located 11km southeast of the Cigar Lake uranium mine.
92 Energy is a privately held