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Mining & Metals

Purepoint Uranium Starts Its Summer Drill Program at Dorado

Purepoint Uranium Group (PTU.V) on Wednesday said it started drilling at the Dorado project, the flagship asset of Purepoint's 50/50 joint venture with IsoEnergy (ISO.TO, ISOU), located in Saskatchewan's Athabasca Basin.Seven drill holes totaling about 3,150 meters are planned through July and August. Summer drilling is targeting expansion of the high-grade Nova Discovery, where previous drilling returned assays of up to 8.1% U3O8 and defined a one-kilometer structural corridor hosting radioactivity that remains open along strike, at depth and toward the unconformity, it said.Summer drilling will test the interpreted plunge of the Nova mineralized structure and include step-outs toward the unconformity, while also evaluating additional high-priority conductive targets across the broader Dorado land package, the company said. Winter drilling confirmed a peak downhole gamma reading of 73,100 CPS.Shares of the company were last seen unchanged at $0.35 on the TSX Venture Exchange.

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IsoEnergy Maintained at Buy a Stifel Canada Following Larocque-East Drill Results; Price Target Kept at C$27.00

Stifel Canada on Wednesday maintained its buy rating on the shares of IsoEnergy (ISO.TO) and its C$27.00 price target after the company reported drilling results from its Larocque-East project in northern Saskatchewan."Winter 2026 drilling at Larocque-East returned a high-grade step-out intercept along the Hurricane South Trend in Hole LE26-248 that returned 4.21% U3O8 over 3.5m within the newly re-interpreted L-Fault Zone. Other supporting intercepts include 2.75% U3O8 over 0.5m (LE26-234) and 1.75% U3O8 over 0.5m (LE26-243) with mineralization now confirmed across an approx. strike of 540m. Results exceed the prior-best step-out of 1.71% U3O8 over 0.5m at LE25-207 in both grade and width. A summer 2026 follow-up program of approx. 8,000m in 20 holes will target further South Trend expansion. Hurricane is situated approx. 40km from the McClean Lake mill in shallow mineralization (approx. 325m depth) along a regional structure that holds the Cameco/Orano JV Dawn Lake target. The current Hurricane Mineral Resource Estimate (MRE) stands at 48.6Mln lbs at 34.5% U3O8 (Indicated) and 2.7Mln lbs at 2.2% U3O8 (Inferred)," analyst Ralph Profiti wrote..(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $17.17, Change: $-0.12, Percent Change: -0.69%

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Mining & Metals

IsoEnergy Confirms High-Grade Uranium Mineralization on Hurricane South Trend in Canada

IsoEnergy (ISO.TO) confirmed high-grade uranium mineralization on the Hurricane South trend at the Larocque East project in Canada's eastern Athabasca Basin, the company said Tuesday.Assays include 4.21% triuranium octoxide (U3O8) over 3.5 meters, including 11.61% U3O8 over 1.0 m, from hole LE26-248."The LE26-248 intersection is important as it is located along the southernmost known fault strands within the Hurricane fault zone, where drill hole density is lower than on faults to the north that host the high-grade Hurricane uranium mineralization," Vice President of Exploration Dan Brisbin said.Operations at the Larocque East project are not currently impacted by the ongoing flooding in Saskatchewan, the company said.Price: $17.72, Change: $-0.37, Percent Change: -2.05%

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Mining & Metals

IsoEnergy Continues Drill Testing at Flatiron, Targets Growth Near Tony M Mine; Provides Bulk Sample Update

IsoEnergy (NYSE American: ISOU and ISO.TO) continues its U.S. exploration program, focused on advancing its uranium projects in southeast Utah, the company said Thursday.The 2026 program will include the completion of seven additional surface rotary drill holes with core tails, totaling 11,000 feet on the Flatiron Project, located in the Henry Mountains uranium district, approximately seven miles northwest of the company's past-producing Tony M uranium mine, IsoEnergy said in a statement. Drill mobilization to the project is complete and drilling is expected to begin shortly, it added.This program builds on three drill holes completed late in 2025 and represents the next phase of systematic drilling at Flatiron, targeting follow-up of historical regional exploration conducted by Plateau Resources in the early 1980s. IsoEnergy staked the 370 lode claims that comprise the project in 2024, later adding two Utah state leases to bring the total land position to 8,800 total acres. The project is one of the largest contiguous land positions in the historical Henry Mountain District, where approximately 1.4 million lbs of U3O8 has been produced to date, Thursday's statement noted.The mining component of the bulk sample at the Tony M Mine, announced on Jan. 7, 2026, has been completed, IsoEnergy said. Working with Gen X Mining Contractors, near 2,100 tons of mineralized material were mined without any injuries or lost time and the material is safely stored at Tony M., it added.Philip Williams, CEO and Director, said: "Restarting drilling at Flatiron and the completion of the Tony M Bulk Sample represent two important components of IsoEnergy's U.S. strategy. Our exploration program is focused on systematically building on decades of historical work to unlock the potential of the Henry Mountain District, while the results from the bulk sample simultaneously aid in de-risking Tony M for production. The data we are generating today will directly shape the economics of our PEA and our path to becoming a uranium producer."Shares in IsoEnergy rose 6.8% in Canada and 7.2% in the United States yesterday. They were at last look down 2.3% in US premarket trade amid losses across US futures markets.

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Mining & Metals

IsoEnergy Says Continues Systematic Drill Testing at Flatiron, Targeting Growth Near Tony M Mine, Utah and Provides Bulk Sample Update

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Mining & Metals

IsoEnergy Announcing New At-The-Market Equity Program

IsoEnergy (ISO.TO) over the weekend said it entered into an equity distribution agreement with Virtu Canada Corp and Virtu Americas LLC.The company said that, pursuant to the distribution agreement, it may distribute up to C$50 million (or its equivalent in other currencies) of common shares in the capital of the company, from time to time through the agents. The company further said that this ATM program replaces its previous at-the-market equity program announced on June 2, 2025, which has since been terminated.The company added that the TSX has conditionally approved the listing of the common shares that may be issued under the ATM program, and the company has applied for authorization from the NYSE American for the listing of such common shares."The ATM Program will be effective until the earlier of the issuance and sale of all of the Common Shares issuable pursuant to the ATM Program and the date that the ATM Program is otherwise terminated pursuant to the terms of the Distribution Agreement," said the company.The company plans to use the net proceeds from the ATM program, if any, for general corporate purposes, which may include funding of corporate and project overhead expenses, financing of capital expenditures, repayment of indebtedness, technical studies and exploration in the United States and Australia and additions to working capital."Maintaining an at-the-market equity program provides IsoEnergy with additional financial flexibility and an efficient supplemental capital markets tool that can be used selectively, if and when appropriate," said Philip Williams, Chief Executive Officer and Director of IsoEnergy. "With a strong cash position of $135.1 million and equity portfolio of $52.6 million, we are well funded to execute on our current plans, and the ATM Program is not being established to address any immediate capital requirements. Instead, it preserves optionality, allowing the Company to act opportunistically in support of future growth, strategic initiatives, and balance sheet strength."

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Mining & Metals

IsoEnergy Announced Over Weekend a New At-The-Market Equity Program

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