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Purepoint Uranium Provides First Update at Red Willow Drill Program
Purepoint Uranium Provides First Update at Red Willow Drill Program Canada News...
About this update from Purepoint Uranium Group Inc.
[{"type":"text","content":"\n \n \n \n Purepoint Uranium Provides First Update at Red Willow Drill Program\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n June 1, 2021\n \n /CNW/ - Purepoint Uranium Group Inc. (TSXV: PTU)\n \n (\"Purepoint\"\n \n or the\n \n \"Company\"\n \n ) today provided an update on its ongoing drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the\n \n Athabasca\n \n Basin, Saskatchewan Canada.  The 2021 Red Willow drill program has conducted follow-up testing of the \"Hinge fault\" within the Osprey Zone, a target zone where Purepoint has identified a lens of uranium mineralization that returned up to 0.20% eU3O8 over 5.8 metres from a shallow depth of 70 metres.\n \n \n \n \n \n \n \n \n \n \"Starting at the Osprey Zone, we intend to perform follow up on multiple targets prior to the completion of the program.\" explained\n \n Scott Frostad\n \n , VP Exploration at Purepoint. \"Having isolated nine distinct target zones within the Red Willow project, we need to properly prioritize these areas to ensure our exploration dollars are spent where the potential for discovery is greatest.\"\n \n \n \n Osprey Zone 2021 Drill Results\n \n \n \n The 2021 Red Willow program has conducted follow-up drilling within the Osprey Zone with three holes collared approximately one kilometre WSW of Purepoint's hole RW-13 that intersected 0.12% U3O8 over 4.2 metres (\n \n see Osprey Section A – A'\n \n ). The RW-13 intercept, and the more easterly RW-07 intercept of 0.20 eU3O8 over 5.8 metres, are associated with strong hydrothermal alteration at a depth of 60 to 70 metres below surface. The weakly radioactive \"Hinge fault\", intersected in 2010, was also shown to be associated with strong hydrothermal alteration and therefore a possible conduit for fluids carrying uranium. Hydrothermal fluids are responsible for the presence of clay, hematite and silicification as shown in the\n \n Hinge Section B – B'\n \n .\n \n \n Current drilling targeted the Hinge fault towards ...