Purepoint Uranium Group Inc V.PTU

The sum of the parts is currently worth more than the whole

[buyholdsell002]

So much potential with this company...its time to unlock some of it. This article is a great summary.... getting zero credit for any of these properties...not even taking into account spitfire or the carbonatite. Should be trading/valued much higher than it's peers. https://www.northernminer.com/news/uranium-snapshot-uranium-companies-to-watch/1003813310/. Purepoint Uranium Group (TSXV: PTU) is an Athabasca basin-focused uranium explorer that holds 10 active projects within the basin. The Hook Lake project, located within the Patterson uranium district, is jointly owned by Purepoint (21%), Cameco (at 39.5%) and Orano Canada (a private French company, with a 39.5% stake). The 286 sq. km project features the high-grade Spitfire discovery and has been operated by Purepoint since 2007. Three prospective structural corridors have been found on the property. This year, exploration at Hook Lake will involve drilling targets that were identified last year through airborne gravity surveying, as well as additional electromagnetic surveys. Purepoint also holds a 27% interest in the Smart Lake project, as part of a joint venture with Cameco. The 98.6 sq. km property sits in the southern part of the Athabasca basin and hosts the Athabasca unconformity at depths of less than 350 metres. Magnetic patterns at Smart Lake appear to show an extension of the patterns underlying the Shea Creek deposit (UEX [TSX: UEX] 49.1%; 50.9%, French-owned AREVA) located 55 km north. In addition, Purepoint wholly owns the Red Willow project, located on the northern edge of the basin. The 401.2 sq. km property is within 10 km of Camecos Eagle Point deposit. Geophysical surveys on the property have outlined over 70 km of conductors that indicate favourable rock characteristics, with 21 exploration targets identified. The 100%-owned Turnor Lake property covers 97 sq. km and lies in the eastern part of the Athabasca basin. The graphitic conductors at this project are associated with uranium showings on adjoining properties. Turnor Lake is close to Rio Tintos Roughrider deposit and Denison Mines Midwest and McClean Lake projects. Purepoints 122 sq. km Umfreville project overlies prospective crosscutting faults, with a number of drill targets identified at the site. In addition, the companys Henday Lake property is near the Roughrider and Midwest Lake deposits. The juniors undrilled McArthur East project, which adjoins Camecos McArthur River project, features a prospective conductor identified through airborne geophysics. An assessment of the historic work at the companys Rene Lake, Shearwater and Langley Lake projects is underway, with initial exploration plans for the properties to follow. Purepoint Uranium has a $12.3-million market capitalization.

[Unicorn9000]

Spitfire gave us .18 a few years back dont know why this below.15 but if drill produces I am sure they can't ignore us any longer