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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Post by grassyknollguyon Aug 24, 2016 5:23pm

202 Views

Post# 25173735

Re: continuity of NXE onto PTU

It appears to me that the whole nature of the FCU-NXE-PTU (hopefully) mineral belt is similar to a string of beads with the beads being high grade deposits interspersed between relatively low grade "strings". It would be interesting to know if there is some sort of average continuity of the bead lengths to determine the liklihood of the NXE hit extending into the PTU lands.

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