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Purepoint Uranium Outlines Upcoming Exploration Session
Toronto, Ontario--(Newsfile Corp. - May 16, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (...
About this update from Purepoint Uranium Group Inc.
[{"type":"text","content":"Purepoint Uranium Outlines Upcoming Exploration SessionToronto, Ontario--(Newsfile Corp. - May 16, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (\"Purepoint\" or the \"Company\") today outlined their remaining 2022 exploration plans for the Hook Lake Joint Venture and eight of their 100% owned projects in the Athabasca Basin, Saskatchewan Canada. These plans include follow-up drilling at the Company's Red Willow project where this winter's program outlined an astounding 1.2 kilometres of continuous elevated radioactivity (see news release April 19, 2022). \"By the end of the year we will have completed updated field work at all of our ten, 100% owned uranium projects. This work has included follow-up drilling at some of our high priority targets, inaugural drilling at our more advanced prospects and initial geophysical work over our earlier stage properties,\" noted Chris Frostad, President & CEO of Purepoint. \"Although we continue to advance our entire portfolio, we are most excited about returning to our newest priority at Red Willow's Osprey Zone. The discovery of a clearly defined continuous zone of radioactivity extending across such a long distance, with peaks exceeding 33,000 counts per second, provides an exciting preview of what our next program may demonstrate.\"HighlightsDrilling at Red Willow will resume in September following up on the last program's final hole OSP22-15 which encountered numerous structures with hematite alteration and silicification representing a highly prospective setting for uranium deposition.Time allowing, the Company expects to complete the Fall drill season in early November at Turnor Lake, testing numerous initial targets including the Serin Zone that resides on trend with IsoEnergy's Hurricane deposit. Fall drilling will utilize helicopter support as many of the primary targets (and access) at both Red Willow and Turnor Lake reside in wet, marshy areas. Drilling will focus on priority follow-up and some first pass targets. More extensive drilling will follow next winter. On May 4, 2022, the Company filed an updated National Instrument 43-101 compliant technical report on the Hook Lake Joint Venture project (https://purepoint.ca/projects/hook-lake/ - \"Technical Report on the Hook Lake Project, Northern Saskatchewan, Canada April 19, 2022\").In June, Purepoint will c...