Purepoint Uranium Hits 1.3 Metres of 53.5% U3O8 Within 10.0 TORONTO, ONTARIO--(Marketwired - Apr 21, 2016) - Purepoint Uranium Group Inc. (the "Company" or "Purepoint") (TSX VENTURE:PTU) today reported the strongest uranium mineralization drilled to date within the Spitfire Zone intersected by hole HK16-53 returning an assay result of 53.3% U3O8 over 1.3 metres within a 10.0 metre interval that assayed 10.3% U3O8. Purepoint is the operator of the Hook Lake project on behalf of its Joint Venture partners Cameco Corp. and AREVA Resources Canada Inc.
The HK16-53 mineralized intercept is situated only 220 metres below surface and is approximately 10 metres east of the HK16-43 mineralization.
"The structure hosting the shallow, high-grade uranium at Spitfire remains open in most directions," said Scott Frostad, V.P. Exploration at Purepoint. "This winter's program further defined the structural controls of the Spitfire mineralization allowing us to anticipate further success as we continue to test the mineralized structure along strike and to depth."