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.

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Purepoint Uranium Group Inc > CCO

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Post by plimbo23on Sep 04, 2023 10:57pm

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Post# 35619264

CCO

``At the Cigar Lake mine, we now expect to produce up to 16.3 million pounds of uranium concentrate (U3O8) (100% basis) this year, a reduction from the previous forecast of 18 million pounds U3O8 (100% basis). Production from the McArthur River/Key Lake operations for 2023 is anticipated to be 14 million pounds U3O8 (100% basis), down from the previous forecast of 15 million pounds U3O8 (100% basis).``

https://stockhouse.com/news/press-releases/2023/09/03/cameco-provides-production-and-market-update

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