- Purepoint Uranium Group (PTU) has completed the Fall 2022 drill program at its Red Willow and Turnor Lake projects
- The 100-per-cent-owned projects are situated within the eastern uranium mine district of the Athabasca Basin, Saskatchewan, Canada
- The company completed a total of six drill holes on these two projects and one hole was lost for a total of 2,080 metres
- Purepoint Uranium Group Inc. actively operates an exploration pipeline of 12 advanced projects in Canada’s Athabasca Basin
- Purepoint Uranium Group Inc. opened trading at $0.06
Purepoint Uranium Group (PTU) has completed the Fall 2022 drill program at its Red Willow and Turnor Lake projects.
The 100-per-cent-owned projects are situated within the eastern uranium mine district of the Athabasca Basin, Saskatchewan, Canada.
The company completed a total of six drill holes on these two projects and one hole was lost for a total of 2,080 metres.
“With the completion of this four-hole program, we are ready to conduct refined follow-up drill testing during the cost-effective winter months,” noted Chris Frostad, President and CEO of Purepoint.
“Drilling this season confirmed our conductor is associated with favourable rock types and alteration and that more drilling is certainly warranted,” he added.
The objective of the Red Willow drill program this fall was to define the extent of anomalous uranium mineralization associated with the Osprey conductor towards the northern property boundary.
Four drill holes tested over 800 metres of strike length of the Osprey conductor for a total of 942 metres. The electromagnetic (EM) conductor continued to be explained by the intersection of a strong graphitic shear zone within all holes.
The objective of the 2022 Turnor Lake drill program was to initiate first-pass testing of the 2.3 km long Serin EM conductor which lies adjacent to and on-trend with IsoEnergy Ltd.’s Hurricane Zone along the LaRocque corridor.
The Hurricane deposit is located approximately 10 km west-southwest of the Turnor Lake project boundary and has an Indicated Mineral Resource of 48.61 million lbs of U3O8 based on 63,800 tonnes grading 34.5 per cent U3O8.
Purepoint Uranium Group Inc. actively operates an exploration pipeline of 12 advanced projects in Canada’s Athabasca Basin.
Purepoint Uranium Group Inc. opened trading at $0.06.