IsoEnergy Provides Update on its U.S. Mine Restart Plans with Advancement of the Tony M Mine in Utah
SASKATOON, SK, Feb. 29, 2024 /PRNewswire/ – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO) (OTCQX: ISENF) is pleased to announce its strategic decision to reopen access to the underground at our Tony M uranium mine (“Tony M” or the “Mine) in the first half of 2024 (“H1-2024“), with the goal of restarting uranium production operations in 2025, should market conditions continue as expected. The decision to advance Tony M is underpinned by rising uranium prices, the climate of increasing support and demand for nuclear energy, and the recent announcement by Energy Fuels Inc. (“EFR“) to restart its uranium circuit at the White Mesa Mill (the “Mill“), with whom IsoEnergy has a toll milling agreement.
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