Purepoint Uranium Commences 1,200 Metre Drill Program At Red Willow

Purepoint Uranium Group Inc. (TSXV: PTU) today reported that it has commenced drilling at its Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan. The company intends to drill approximately 1,200 meters at Red Willow, starting at the Osprey Zone.

Drilling at Osprey will focus on a region where prior drilling discovered mineralization that consisted of up to 0.20% eU3O8 over 5.8 metres, with mineralization being intersected at just 70 metres depth. The conductor is viewed as having potential at depth and to the west.

Purepoint also hopes to also test the Geneva and 333 Zones, however drilling these areas is largely dependent on conditions and results. Based on ground geophysics and first pass drilling previously conducted, the Geneva Zone is viewed as a priority target.

Purepoint Uranium last traded at $0.14 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Tudor Gold x American Creek: Consolidating A Massive Gold Project

Aura Minerals: The Era Dorada Underground PEA

Gold Is Now Smart Money’s End Game | Doug Casey

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

IsoEnergy Starts Drilling At Larocque East Project

IsoEnergy Ltd. (TSXV: ISO) announced this morning that it has started drilling at its flagship...

Friday, September 3, 2021, 09:21:00 AM

Key Greenland Election Could Affect Investor Perceptions of Mine Operators

On April 6, Greenland will hold a national election which will have significant consequences for...

Sunday, April 4, 2021, 09:00:00 AM

Germany Will Have No Choice But To Allow Russian Uranium Shipment

The German government’s hands are tied and it has no choice but to permit the...

Wednesday, September 14, 2022, 12:51:00 PM

Cameco Signs MOU With GE Hitachi, Synthos Green Energy For Uranium Supply Chain Servicing Potential SMRs In Poland

Cameco (TSX: CCO) announced this morning that it has entered into a memorandum of understanding...

Thursday, September 23, 2021, 09:46:00 AM

Uranium: Athabasca Basin Continues To See Explorers Stake Claims

Land continues to trade hands and be staked in the prolific Athabasca basin region of...

Monday, February 5, 2024, 09:15:00 AM