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Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUD

Purepoint Uranium Group Inc. is a resource company engaged in the acquisition, exploration and development of properties for the purpose of producing uranium. Its flagship project is the Hook Lake joint venture with Cameco and Orano, and the Smart Lake joint venture solely with Cameco. Together with its flagship projects, the Company operates nine advanced projects within the Athabasca Basin in Canada. 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 Company also holds the VHMS project, which is optioned to and strategically positioned adjacent to and on trend with Foran Corporation's Mcllvena Bay Project. The Hook Lake Project is located approximately 75 km south-southwest of Orano Canada Inc. The Smart Lake property includes two claims with a total area of 9,860 hectares situated in the southwestern portion of the Athabasca Basin.


TSXV:PTU - Post by User

Bullboard Posts
Post by investclubon Jul 23, 2013 8:59am
431 Views
Post# 21623918

Fission Announces Summer Exploration Program for PLN

Fission Announces Summer Exploration Program for PLNPLN is immediately adjacent to Fission's joint venture PLS property (Fission 50% / Alpha 50) and 5.7km north of where Fission has discovered high-grade uranium in bedrock in three separate pods. To date, $4.7m has been spent at PLN, principally on airborne and ground geophysics.
What is very interesting is the fact Fission has chosen this tract of land adjacent to Purepoint's Hook Lake venture project. Again looking at the maps we can see those major trend lines don't run thru their PLN property but go right thru Hook Lake mind you I'm not saying there isn't more deposits in the PLN section what I do say is Hook has a far better shot of coming up with more of the PLS type discoveries then PLN could.
Bottom line is Fission is now to the immediate south & west of Hook Lake ... where do you think the mother lode is?
  

Bullboard Posts