Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s): PTUUF

Energy

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.

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Purepoint Uranium Group Inc

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Comment by moon56on Feb 26, 2016 12:40pm

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Post# 24599025

RE:RE:drill result

As far as I know, today's HK 16-34 is third hole. 11 more hole reports to come. Am I right? Please correct me if I am wrong.

winr88 wrote: Hey Jamal this is what I know.

From the news report of this winter drill program

A drilling budget of $2,700,000 has been approved by the Hook Lake Joint Venture partners (AREVA Resources Canada Inc. and Cameco Corp.) for this winter's program that is being operated by Purepoint;

It is anticipated that the program will deliver a minimum of 6,000 metres of drilling across 14 holes;