Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s): PTUUF

Energy

Purepoint Uranium Group Inc. is a uranium exploration company focused on precision exploration of its projects in the Athabasca Basin. The Company’s flagship project is the Hook Lake, a joint venture with Cameco Corporation and Orano Canada Inc. Together with its flagship project, the Company operates nine projects across 222,423 hectares (ha) of claims throughout the Athabasca Basin. Its projects include Hook Lake Project, Smart Lake Project, Red Willow Project, Turnor Lake Project, Henday Project, Carson Lake Project, Russell South Project, Tabbernor Block, and Tower Project. The Hook Lake Project resides along-strike and adjacent to two high-grade uranium deposits and consists of about nine claims totaling approximately 28,683 ha, including the Spitfire high-grade discovery. The Smart Lake property includes two claims with a total area of about 9,860 ha situated in the southwestern portion of the Athabasca Basin, approximately 60 kilometers south of the former Cluff Lake mine.

TSXV:PTU - Post by User

Purepoint Uranium Group Inc

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Comment by crabhouse8on Mar 26, 2013 4:47pm

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Post# 21170871

RE: PTU moving?

I doubt that new's is coming. All the price has done is reflect the interest in nearby properties to Alpha/Fis. Purepoint has interest shared with Areva/Cameco in the land directly northeast of Alpha. All the adjoining junior's have had a penny or two boost. Fis/Alpha seems to lead southeast. Anyway maybe a day will come and Purepoint will drill as close as possible and find out for sure or Cameco will buy out fis/alpha and all adjoining properties before it get's too rich to entertain an offer.

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