Purepoint Uranium Group Inc. announced today the completion of its drill program at the 100%-owned Umfreville uranium project and the staking of additional ground to increase Umfreville's footprint to a total of 26,139 hectares. The Company also provided an introduction to its four new projects that make up the 100% owned Tabbernor Block, all of which lie on the eastern edge of the Athabasca Basin, Saskatchewan Canada [...]
Purepoint Uranium Group Inc. today announced the commencement of a drill program at the 100%-owned Umfreville uranium project which lies on the northeastern edge of the Athabasca Basin, Saskatchewan Canada. "We have performed airborne geophysical surveys followed by geochemical surveys over select areas at Umfreville and feel we have identified a high priority target for potential uranium deposition" said Scott Frostad [...]
Purepoint Uranium Group Inc. today provided an update on its drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. The 2021 Red Willow drill program has conducted follow-up testing of the "Geneva Shear" within the Geneva Zone, a target zone where previous operators have identified uranium mineralization associated with a hydrothermally [...]
Purepoint Uranium Group Inc. today provided an update on its ongoing drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. The 2021 Red Willow drill program has conducted follow-up testing of the "Hinge fault" within the Osprey Zone, a target zone where Purepoint has identified a lens of uranium mineralization that returned up to 0.20 [...]
Purepoint Uranium Group Inc. today announced that it has commenced drilling at its 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. The Red Willow project is 40,116 hectares in size and located close to several uranium deposits including Orano Resources Canada Inc.'s JEB mine, approximately 10 kilometres to the southwest, and Cameco's Eagle Point mine that [...]
Purepoint Uranium Group Inc. today provided an overview of the exploration targets scheduled to be initially drill tested on its 100%-owned Red Willow project in the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. By far, the Company's largest project, Red Willow is located close to several uranium deposits including Orano Resources Canada Inc.'s JEB mine, approximately 10 kilometres to the [...]
Purepoint Uranium Group Inc. today provided an update of this winter's exploration program at the Hook Lake Project, a joint venture between Cameco Corporation , Orano Canada Inc. and Purepoint in the Patterson Uranium District, Saskatchewan Canada. The Hook Lake Project lies on the southwestern edge of Saskatchewan's Athabasca Basin and is adjacent to and on trend with recent high-grade uranium discoveries including [...]
Purepoint Uranium Group Inc. today provided an update on its 100%-owned Turnor Lake project in the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. Initial focus will be on the Serin conductor which lies adjacent to and on trend with IsoEnergy Ltd.'s Hurricane Zone along the La Rocque Uranium Corridor. "Our Turnor Lake project hosts a complex geological setting associated with numerous, nearby [...]
Purepoint Uranium Group Inc. today released its exploration schedule for the remainder of the year, focusing on its large portfolio of 100% owned uranium projects strategically located across Canada's Athabasca Basin; host to the world's highest grade uranium resources. "There has been significant investment flowing into uranium companies over the past six months, signaling a potential near-term revival of uranium prices [...]
Purepoint Uranium Group Inc. announced the closing of its brokered private placement previously announced on March 17, 2021 with Red Cloud Securities Inc. pursuant to which Red Cloud acted as lead agent and sole bookrunner. In connection with the closing, the Company issued 20,404,095 flow-through units at a price of $0.105 per unit and 31,750,778 hard-dollar units at a price of $0.09 per unit for aggregate gross proceeds [...]
Purepoint Uranium Group Inc. today announced that plans are now underway to recommence exploration on some of the more advanced, 100% owned projects on the eastern side of the Athabasca Basin. The Company also announced an update on its flagship Hook Lake Project, a project owned jointly by Cameco Corp. , Orano Canada Inc. and Purepoint Uranium Group Inc. . Chris Frostad, President and CEO stated: "In light of the success [...]
Purepoint Uranium Group Inc. is pleased to announce that it has entered into an engagement letter agreement with Red Cloud Securities Inc. pursuant to which Red Cloud will act as lead agent and bookrunner to sell up to C$5.0 million in units of the Company at a price of C$0.09 per Unit and flow-through units of the Company at a price of C$0.105 per FT Unit on a fully marketed, private placement basis . Under the Offering [...]
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