Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s): PTUUD

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 jeho1on Jan 15, 2018 9:47am

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Post# 27357983

RE:RE:RE:RE:With the backing that this stock

News will be out shortly. They drilled three holes on Spitfire and one at Dragon (2017 finished).
2018, budget 4$M and 9,000 drilling for 16 holes, started with one drill at Spitfire and one at Dragon. So focus is on Spitfire and Dragon (and some work on Derkson). Seems rational. No work at other properties at the moment.
Hopefully they hit again like HK16-53 (10.0m of 10.3% U3O8), that should be nice.

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