Turnor Lake is geologically connected to Cameco’s high-grade La Rocque showings and IsoEnergy’s Hurricane deposit. It is located on the eastern edge of the Athabasca Basin, near several uranium deposits, including Orano’s mined-out JEB deposit (approximately 10 km southwest) and Cameco’s Eagle Point deposit (about 10 km south).
This joint venture consolidates a large land position immediately east of the Larocque East project, covering several kilometers of the highly prospective Larocque trend, a significant regional structure that hosts the world-class Hurricane deposit and other high-grade occurrences, including those in Cameco/Orano’s Dawn Lake joint venture.
The Athabasca Basin is home to some of the world’s largest and most profitable uranium mines, including the McArthur River and Cigar Lake mines, and it produces roughly 20% of the world’s uranium supply.
As part of the agreement, IsoEnergy will invest $1…
