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Purepoint Uranium Group Inc V.PTU

Alternate Symbol(s):  PTUUD

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

Post by wallybobon Feb 06, 2021 1:10pm
174 Views
Post# 32493262

some memory lane drill holes

some memory lane drill holesOperated by Purepoint since 2007, the project consists of nine claims totaling 28,598 hectares including the Spitfire high-grade discovery (53.3% U3O8 over 1.3 metres including a 10 metres interval of 10.3% U3O8).
The Kianna deposit is east-west trending, steeply dipping basement mineralization that follows the Kianna Fault which crosscuts the Saskatoon Conductor and extends to depths of greater than 200 metres below unconformity. The Kianna mineralization is associated with clay and strong chlorite alteration and the best basement intercept was 4.1% U3O8 over 45.0 metres.

Spitfire High Grade Results

Hole ID From (m) To (m) Width (m) U3O8 (wt %)
HK15-27 389.0 391.8 2.8 2.23
includes 390.4 390.8 0.4 12.9
HK16-37 269.6 275.0 5.5 1.21
includes 269.6 270.2 0.6 9.87
HK16-43 244.05 247.6 3.1 4.07
includes 245.2 245.5 0.3 40.3
HK16-47 216.5 236.6 20.1 0.88
includes 218.4 230.2 11.8 1.32
HK16-52 240 250.0 10.0 1.28
includes 246 250.0 4.0 3.07
HK16-53 237.6 251.9 14.3 7.57
includes 241.6 245.8 1.3 53.3
HK16-55 221.9 231.4 9.5 2.90
includes 227.2 228.7 1.5 13.3
HK17-60 208.2 218.7 11.0 0.47
includes 217.0 217.7 0.7 3.07

New maps and diagrams are now available on our website www.purepoint.ca.
just  to list a few

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