IsoEnergy Launches 2026 Summer Exploration Program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 11 2026
0mins
IsoEnergy announced the commencement of its 2026 summer exploration program on the Larocque East project, which hosts the high-grade Hurricane deposit in the eastern Athabasca Basin, Canada. The program is planned to comprise approximately 8,000 m of diamond drilling across up to 20 drill holes, focused on following up high-grade winter 2026 results. Hurricane hosts a current Mineral Resource of 48.6 Mlb U3O8 at 34.5% U3O8 Indicated, and 2.7 Mlb U3O8 at 2.2% U3O8 Inferred. Winter 2026 drilling returned 4.21% UO over 3.5 m, including 11.61% UO over 1.0 m, with additional intercepts of 2.75% UO over 0.5 m and 1.75% UO over 0.5 m, approximately 525 m east of the resource envelope. Summer drilling is designed to test the South Trend which intersected high grade mineralization along the J-L fault corridor. In addition to Larocque East, IsoEnergy has 14 prospective early-stage projects in the eastern Athabasca Basin on which a pipeline of drill targets is being developed.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ISOU?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ISOU
Wall Street analysts forecast ISOU stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 11.130
Low
14.37
Averages
16.17
High
17.96
Current: 11.130
Low
14.37
Averages
16.17
High
17.96
About ISOU
IsoEnergy Ltd. is a Canada-based diversified uranium company. The principal business activity of the Company is the acquisition, exploration and evaluation of uranium mineral properties. Its portfolio includes the Larocque East property, located in Saskatchewan, Canada; the Hawk property, located in Saskatchewan, Canada; the Geiger property, located in Saskatchewan, Canada; the Thorburn Lake property, located in Saskatchewan, Canada; the Radio project, located in Saskatchewan, Canada; the Tony M mine, located in Utah, USA ; the Daneros mine, located in Utah; the RIM mine, located in Utah, USA; the Sage plain property located in Colorado; the Coles Hill project located in Virginia; the Matoush project located in Quebec; the Dieter Lake project located in Quebec; the Milo Uranium, Copper, Gold, Rare Earth project located in Australia; the Ben Lomond uranium project located in Australia; the Queensland projects, located in Australia, and the Yarranna uranium project, located in Australia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
IsoEnergy's Acquisition of Toro Energy Receives Shareholder Approval
- Acquisition Approval: Toro Energy shareholders voted in favor of IsoEnergy's subsidiary Iso Australia Operations acquiring all outstanding Toro share capital, paving the way for court approval and subsequent delisting from the Australian Stock Exchange in June, thereby enhancing IsoEnergy's market position.
- Project Integration: The all-stock acquisition announced by IsoEnergy in October last year incorporates Toro's high-quality Wiluna uranium project into its portfolio, further enriching its resource base in Western Australia and strengthening its competitive edge in the uranium market.
- Exploration Program Launch: IsoEnergy has initiated its 2026 summer exploration program in Canada's eastern Athabasca Basin, planning approximately 8,000 meters of diamond drilling focused on the Hurricane deposit, aiming to further confirm resource potential following high-grade results from winter 2026.
- Clear Drilling Objectives: The program includes up to 20 drill holes targeting follow-up on high-grade results from winter 2026, demonstrating IsoEnergy's proactive approach in uranium resource development, which could lay the groundwork for future growth.
See More
IsoEnergy Shareholders Approve All Proposals at Annual Meeting
- Meeting Results: At the annual general meeting on June 10, 2026, IsoEnergy's shareholders approved all proposals, with 38,225,197 common shares represented, accounting for 63.05% of the issued shares, indicating strong shareholder support for corporate governance.
- Successful Director Elections: All six nominated directors were elected, with Philip Williams receiving 97.17% of the votes, reflecting shareholder confidence in the management team and ensuring stable leadership for the company's future.
- Auditor Reappointment: KPMG LLP was reappointed as the company's auditor with 99.97% support, highlighting shareholders' emphasis on audit quality, which enhances the company's transparency and trustworthiness.
- Toro Transaction Update: IsoEnergy's acquisition plan for Toro Energy received 92.89% shareholder approval, expected to take effect on June 16, 2026, further solidifying IsoEnergy's position in the uranium market and enhancing its resource base.
See More
IsoEnergy Enters C$50 Million Equity Distribution Agreement
- Equity Distribution Agreement: IsoEnergy has signed an equity distribution agreement with Virtu Canada Corp. and Virtu Americas LLC, allowing the company to distribute up to C$50 million of common shares through agents, thereby enhancing its capital market flexibility to support future growth.
- Strong Financial Position: With a cash reserve of $135.1 million and an equity portfolio valued at C$52.6 million, IsoEnergy demonstrates its ability to leverage the ATM program strategically without immediate capital needs, preserving optionality for future initiatives.
- Market Sales Mechanism: Common shares will be sold through ordinary broker transactions on the NYSE American and the Toronto Stock Exchange, ensuring the company can respond flexibly to favorable market conditions and optimize its capital structure.
- Planned Use of Proceeds: The net proceeds from the ATM program will be allocated for general corporate purposes, including project expenditures, debt repayment, and technical studies, reflecting the company's focus on future projects and its ability to seize market opportunities.
See More
IsoEnergy Announces 2026 Winter Exploration Results at Larocque East Project
- Exploration Program Expansion: IsoEnergy expanded its winter exploration program at the Larocque East project from an initial 13 drill holes to 17, totaling 6,804 meters, aimed at resource expansion at the Hurricane deposit, reflecting the company's strong confidence in future resource growth.
- Significant Radioactivity Results: Drill hole LE26-248 recorded an average radioactivity of 30,050 cps over 1.0 meter, with local peaks exceeding 65,500 cps, indicating substantial mineralization potential along the Hurricane South Trend, which may drive future exploration and development.
- Mineralization Corridor Discovery: Multiple drill holes along the Hurricane South Trend have intersected mineralization up to 540 meters away, suggesting a broader mineralization trend than previously interpreted, potentially leading to new resource discoveries for the company.
- Infrastructure Advantage: The project is located approximately 40 kilometers from the McClean Lake mill, with mineralization at a depth of about 325 meters, providing excellent infrastructure that supports efficient exploration and future development options, enhancing the company's competitiveness in the uranium market.
See More
Jaguar Uranium Outlines 2026 Exploration Strategy for Argentina and Colombia
- Exploration Strategy Overview: Jaguar Uranium's 2026 exploration strategy focuses on advancing uranium projects in Argentina and Colombia, aiming to define initial mineral resources while unlocking the value of historic exploration, particularly at a site with historical production.
- Argentina Focus Projects: In Argentina, Jaguar prioritizes exploration at the Laguna Salada Uranium Project, covering approximately 230,000 hectares, one of the largest uranium exploration land packages in the country, with recent Environmental Impact Assessment approval enabling field work to commence in the coming weeks.
- Colombia Historic Drilling: In Colombia, the Berlin Project represents a significant uranium exploration asset where Jaguar plans to systematically review and re-analyze historic drill core, providing a strong technical foundation for advancing the project toward the potential definition of initial mineral resources.
- Strong Financial Position: Jaguar is well-positioned financially, with current cash resources sufficient to support planned exploration activities for approximately two years, backed by significant industry shareholders, including IsoEnergy Ltd., indicating a solid positioning in the recovering uranium market.
See More
IsoEnergy Completes Private Placement Financing
- Financing Size: IsoEnergy completed a non-brokered private placement issuing 1,666,667 common shares at C$15 each, raising a total of C$25 million, which will be used for mineral development and general corporate purposes, thereby enhancing the company's financial flexibility.
- Shareholder Equity Maintenance: This financing allows NexGen Energy to maintain its ownership stake at approximately 30%, ensuring that its interests in IsoEnergy are not diluted, reflecting the company's commitment to its major shareholders.
- Compliance and Transparency: IsoEnergy adhered to MI 61-101 regulations during this financing, as the amount raised was below 25% of the company's market capitalization, thus exempting it from formal valuation and minority shareholder approval, ensuring compliance and efficiency in the transaction.
- Market Positioning: IsoEnergy holds a significant position in the global uranium market, particularly in the development of high-quality mineral resources in Canada, the U.S., and Australia; with the completion of this financing, the company will accelerate the advancement of its Larocque East project, further enhancing its competitive edge in the market.
See More
IsoEnergy's Acquisition of Toro Energy Receives Shareholder Approval
- Acquisition Approval: Toro Energy shareholders voted in favor of IsoEnergy's subsidiary Iso Australia Operations acquiring all outstanding Toro share capital, paving the way for court approval and subsequent delisting from the Australian Stock Exchange in June, thereby enhancing IsoEnergy's market position.
- Project Integration: The all-stock acquisition announced by IsoEnergy in October last year incorporates Toro's high-quality Wiluna uranium project into its portfolio, further enriching its resource base in Western Australia and strengthening its competitive edge in the uranium market.
- Exploration Program Launch: IsoEnergy has initiated its 2026 summer exploration program in Canada's eastern Athabasca Basin, planning approximately 8,000 meters of diamond drilling focused on the Hurricane deposit, aiming to further confirm resource potential following high-grade results from winter 2026.
- Clear Drilling Objectives: The program includes up to 20 drill holes targeting follow-up on high-grade results from winter 2026, demonstrating IsoEnergy's proactive approach in uranium resource development, which could lay the groundwork for future growth.
See More
IsoEnergy Shareholders Approve All Proposals at Annual Meeting
- Meeting Results: At the annual general meeting on June 10, 2026, IsoEnergy's shareholders approved all proposals, with 38,225,197 common shares represented, accounting for 63.05% of the issued shares, indicating strong shareholder support for corporate governance.
- Successful Director Elections: All six nominated directors were elected, with Philip Williams receiving 97.17% of the votes, reflecting shareholder confidence in the management team and ensuring stable leadership for the company's future.
- Auditor Reappointment: KPMG LLP was reappointed as the company's auditor with 99.97% support, highlighting shareholders' emphasis on audit quality, which enhances the company's transparency and trustworthiness.
- Toro Transaction Update: IsoEnergy's acquisition plan for Toro Energy received 92.89% shareholder approval, expected to take effect on June 16, 2026, further solidifying IsoEnergy's position in the uranium market and enhancing its resource base.
See More
IsoEnergy Enters C$50 Million Equity Distribution Agreement
- Equity Distribution Agreement: IsoEnergy has signed an equity distribution agreement with Virtu Canada Corp. and Virtu Americas LLC, allowing the company to distribute up to C$50 million of common shares through agents, thereby enhancing its capital market flexibility to support future growth.
- Strong Financial Position: With a cash reserve of $135.1 million and an equity portfolio valued at C$52.6 million, IsoEnergy demonstrates its ability to leverage the ATM program strategically without immediate capital needs, preserving optionality for future initiatives.
- Market Sales Mechanism: Common shares will be sold through ordinary broker transactions on the NYSE American and the Toronto Stock Exchange, ensuring the company can respond flexibly to favorable market conditions and optimize its capital structure.
- Planned Use of Proceeds: The net proceeds from the ATM program will be allocated for general corporate purposes, including project expenditures, debt repayment, and technical studies, reflecting the company's focus on future projects and its ability to seize market opportunities.
See More
IsoEnergy Announces 2026 Winter Exploration Results at Larocque East Project
- Exploration Program Expansion: IsoEnergy expanded its winter exploration program at the Larocque East project from an initial 13 drill holes to 17, totaling 6,804 meters, aimed at resource expansion at the Hurricane deposit, reflecting the company's strong confidence in future resource growth.
- Significant Radioactivity Results: Drill hole LE26-248 recorded an average radioactivity of 30,050 cps over 1.0 meter, with local peaks exceeding 65,500 cps, indicating substantial mineralization potential along the Hurricane South Trend, which may drive future exploration and development.
- Mineralization Corridor Discovery: Multiple drill holes along the Hurricane South Trend have intersected mineralization up to 540 meters away, suggesting a broader mineralization trend than previously interpreted, potentially leading to new resource discoveries for the company.
- Infrastructure Advantage: The project is located approximately 40 kilometers from the McClean Lake mill, with mineralization at a depth of about 325 meters, providing excellent infrastructure that supports efficient exploration and future development options, enhancing the company's competitiveness in the uranium market.
See More
Jaguar Uranium Outlines 2026 Exploration Strategy for Argentina and Colombia
- Exploration Strategy Overview: Jaguar Uranium's 2026 exploration strategy focuses on advancing uranium projects in Argentina and Colombia, aiming to define initial mineral resources while unlocking the value of historic exploration, particularly at a site with historical production.
- Argentina Focus Projects: In Argentina, Jaguar prioritizes exploration at the Laguna Salada Uranium Project, covering approximately 230,000 hectares, one of the largest uranium exploration land packages in the country, with recent Environmental Impact Assessment approval enabling field work to commence in the coming weeks.
- Colombia Historic Drilling: In Colombia, the Berlin Project represents a significant uranium exploration asset where Jaguar plans to systematically review and re-analyze historic drill core, providing a strong technical foundation for advancing the project toward the potential definition of initial mineral resources.
- Strong Financial Position: Jaguar is well-positioned financially, with current cash resources sufficient to support planned exploration activities for approximately two years, backed by significant industry shareholders, including IsoEnergy Ltd., indicating a solid positioning in the recovering uranium market.
See More
IsoEnergy Completes Private Placement Financing
- Financing Size: IsoEnergy completed a non-brokered private placement issuing 1,666,667 common shares at C$15 each, raising a total of C$25 million, which will be used for mineral development and general corporate purposes, thereby enhancing the company's financial flexibility.
- Shareholder Equity Maintenance: This financing allows NexGen Energy to maintain its ownership stake at approximately 30%, ensuring that its interests in IsoEnergy are not diluted, reflecting the company's commitment to its major shareholders.
- Compliance and Transparency: IsoEnergy adhered to MI 61-101 regulations during this financing, as the amount raised was below 25% of the company's market capitalization, thus exempting it from formal valuation and minority shareholder approval, ensuring compliance and efficiency in the transaction.
- Market Positioning: IsoEnergy holds a significant position in the global uranium market, particularly in the development of high-quality mineral resources in Canada, the U.S., and Australia; with the completion of this financing, the company will accelerate the advancement of its Larocque East project, further enhancing its competitive edge in the market.
See More
