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Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUF

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 grassyknollguyon Mar 16, 2016 1:32pm
132 Views
Post# 24665391

NR Snoozer ?

NR Snoozer ?

Actually, NR didn't seem bad. Results are across true widths and, in any other part of the world would be considered excellent. Just remember the Athabaska Basin is ,basically, beyond belief when it comes to grades (FCU , NXE et al) so don't let very good grades dissuade consideration of PTU's potential. Consider also that the deposit formations are open to length and depth and along strike to FCU/NXE discoveries. Still looking good to me.

Bullboard Posts