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Purepoint Uranium Defines Eight Drill Targets at 100% Owned Carson Lake and Russell South Projects
Toronto, Ontario--(Newsfile Corp. - September 14, 2022) - Purepoint Uranium Group Inc. (TSXV...
About this update from Purepoint Uranium Group Inc.
[{"type":"text","content":"Purepoint Uranium Defines Eight Drill Targets at 100% Owned Carson Lake and Russell South ProjectsToronto, Ontario--(Newsfile Corp. - September 14, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (\"Purepoint\" or the \"Company\") today released the interpreted results of its summer airborne gravity/magnetic survey over their 100% owned Carson Lake and Russell South Uranium Projects which lie on the eastern edge of the Athabasca Basin, Saskatchewan Canada.\"We are excited to add these new prospects to our pipeline of drill-ready projects and will be evaluating them for inclusion in our 2023 drill programs,\" said Scott Frostad, VP Exploration at Purepoint. \"These targets are considered to be associated with major uranium finds along the eastern part of the Basin and the completion of the airborne geophysical surveying has provided a clear path to commence drilling.\"HighlightsPurepoint completed airborne Gravity Gradiometer, Gravity and Magnetic Surveys across both Carson Lake and Russell South this summer.The surveys covered 1,364 kilometres of flight at 100 metre spacings.Final interpretation in conjunction with previous surveys have outlined three targets at Carson Lake and five targets at Russell South.For more information on Carson Lake, including location map, visit: https://purepoint.ca/projects/carson-lake/. For more information on Russell South, including location map, visit: https://purepoint.ca/projects/russell-south/.Carson Lake ProjectThe 100% owned, 4,972 hectare, Carson Lake Project adjoins ValOre Metals Hatchet Lake Project on the north-eastern edge of the Athabasca Basin. The project covers a historic airborne geophysical electromagnetic (EM) survey that outlined a strong northeast trending EM conductor approximately 10 kilometres in length. The survey covered two of the primary target areas.To the north, the Killock target is presumed to be graphitic pelite that has been incorporated into the north-south trending Killock Fault. Brittle structures such as the Killock fault intersecting ductile rock types, such as graphitic pelite, can create favourable dilation zones and allow uranium-rich fluids to become trapped.The Lejour target is located where the north-south trending Lejour Fault crosscuts the main conductive trend. Gravity results suggest that the conductive trend is associated with a lit...