The bad vibes from the coronavirus scare continued Wednesday to filter in and spread a pall on markets everywhere.
Thus, it was eye-popping when Vancouver-based IsoEnergy Ltd. (TSX-Venture: ISO) came out with additional results from the winter 2020 drilling program at the Hurricane zone.
The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property in the Eastern Athabasca Basin of Saskatchewan.
Assays received from previously reported drill hole LE20-40 average 20.5% U3O8 over four metres from 322.5 to 326.5 metres.
Assays from the final six drill holes at the Hurricane zone are still pending.
Exulted CEO Craig Parry, "I'd like to congratulate our field crews on a very successful drilling program. The program was delivered safely and efficiently whilst generating many intersections of strong uranium mineralization."
ISO shares rocketed 5.5 cents, or 21.5%, near noon EDT Wednesday, to 31.5 cents, on volume of 65,000 shares.
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