Tillkännagivande • Mar 19
Purepoint Uranium Group Inc., Annual General Meeting, Jun 04, 2026 Purepoint Uranium Group Inc., Annual General Meeting, Jun 04, 2026. Tillkännagivande • Jan 27
Purepoint Uranium Group Inc. Commences 2026 Drilling Program At Dorado Following Nova Uranium Discovery Purepoint Uranium Group Inc. announced that drilling has commenced at the Dorado Project as part of the Purepoint and IsoEnergy Ltd. joint venture, marking the start of a focused winter program designed to expand the high-grade Nova Uranium Discovery and advance additional priority targets across the property. The winter drill program represents the first phase of a fully approved multi campaign exploration program at Dorado and is a direct follow up to the 2025 Nova Discovery, which returned uranium grades of up to 8.1% UO over 0.4 metre within 2.1 metres of 1.6% UO in hole PG25 07A. Drilling will focus on systematic step-outs along the steeply dipping mineralized structure, which remains open in all directions. Highlights. Drilling has commenced on the 2026 winter exploration program at the Dorado Project following the high-grade Nova Discovery. Winter program includes up to 10 drill holes totaling approximately 4,300 metres focused on expanding Nova. Drilling will target the corridor between holes PG25-03 and PG25-07A, an 800-metre strike length with strongest mineralization currently toward the northeast. The Nova mineralized structure remains open along strike and at depth. Winter access and drill pad construction have been completed in advance of drilling. The winter program represents the first Phase of a broader 2026 program that also includes district scale summer drilling and geophysical surveying. Winter 2026 Nova Expansion Program. The winter drill program is utilizing skidder supported drilling to test 30 to 50 metre step-outs along the interpreted mineralized structure hosting the Nova Discovery. Initial drilling will focus on the northeastern extension of the system where the strongest uranium mineralization has been encountered to date. Results from this phase will guide follow up drilling later in the winter and inform target prioritization for the summer drilling campaign. Advancing a District Scale Opportunity. Beyond Nova, the Dorado Project hosts multiple priority target areas defined by conductive corridors, fault structures, and favorable graphitic lithologies. A planned airborne magnetotellurics survey later this winter or early spring will refine deeper structural targets across several grids, supporting continued district scale evaluation of the joint venture land package. A helicopter supported summer drill program is planned to test additional targets across the Dorado Project, subject to winter results. Tillkännagivande • Sep 19
Isoenergy Ltd. and Purepoint Uranium Group Inc. Announce the Receipt of Partial Assay Results from the Summer Drill Program At the Companies' 50/50 Joint Venture Dorado Project IsoEnergy Ltd. and Purepoint Uranium Group Inc. announced the receipt of partial assay results from the summer drill program at the companies' 50/50 joint venture Dorado Project (the "Dorado Project"), located on the southeastern margin of Saskatchewan's Athabasca Basin. A total of 5,030 metres were completed across 11 holes before wildfires curtailed the planned 5,400-metre summer drill program. Additional drilling at Serin and Turaco targets, within the Dorado Project, has provided valuable data for calibration of the project's geophysics. Celeste project drill program deferred due to ongoing wildfire risks across northern Saskatchewan. As a result, drilling at the nearby Celeste project, also a Purepoint-IsoEnergy joint venture, has been deferred to a future program. Two holes (TUR25-01 and TUR25-02) totaling 832 metres were completed at the Turaco Grid, targeting two parallel, newly reinterpreted airborne electromagnetic (EM) conductors within Zone 3. Both hole encountered anomalous radioactivity, but both the results will help calibrate the Dorado Project's updated geophysical model. Next steps: Purepoint and IsoEnergy are now awaiting the full suite of geochemical assays and structural interpretations for the 2025 drill program. The results will support detailed planning for follow-up drilling in 2026, focused on expanding Nova and testing priority corridors across the broader Dorado Project property. Location of the Q48 Nova Discovery, Second Quarter, Turaco & Serin Target areas, the initial focus of the 2025 drill program, highlighted. Location of the Q48N Discovery, Second Quarter, TurAC & Serin Target areas, The initial focus of the 2025 drill programs. Tillkännagivande • Sep 06
Purepoint Uranium Group Inc. announced that it has received CAD 6 million in funding On September 5, 2025. Purepoint Uranium Group Inc. announced that it has closed the transaction. In connection with the closing of the final tranche of the Private Placement, the Company paid Ventum Financial Corp., Stephen Avenue Securities Inc., and Canaccord Genuity Corp. finders' fees consisting of, in aggregate, CAD 106,662.14 in cash and 264,111 non-transferable compensation warrants. Tillkännagivande • Aug 13
Purepoint Uranium Group Inc. announced that it expects to receive CAD 3 million in funding Purepoint Uranium Group Inc. announced a non-brokered private placement of Saskatchewan flow-through units at a price of CAD 0.65 per SFT unit and National flow-through units at a price of CAD .59 per NFT Unit for gross proceeds of CAD 3,000,000 on August 13, 2025. Each SFT Unit consisting of one common share of the Company to be issued on a "flow through" basis and one common share purchase warrant, each NFT Unit consisting of one common share of the Company to be issued on a "flow through" basis and one Warrant. Each Warrant entitles its holder to purchase one common share of the Company at an exercise price of CAD 0.50 per share for a period of 24 months from the date of issuance. The completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and corporate approvals, including the approval of the listing of the FT Shares and the Warrant Shares on the TSX Venture Exchange. Resale of the securities of the Company distributed under the Offering will be subject to a statutory hold period in Canada of four months and one day following the closing date of the Offering. Tillkännagivande • Jul 08
IsoEnergy Ltd. and Purepoint Uranium Group Inc. Confirm Uranium Discovery in Initial Drilling at the Dorado Joint Venture Project IsoEnergy Ltd. and Purepoint Uranium Group Inc. announced a highly encouraging start to the inaugural drill program at their 50/50 Dorado project ("Dorado" or the "Project'"), located in Saskatchewan's world-class Athabasca Basin. Initial drilling at the Q48 target on the Project, completed by Purepoint as the operator of the program, intersected uranium mineralization in two holes, with downhole gamma probe readings up to 79,800 counts per second (CPS). The intercepts occur within strongly altered basement rocks - suggesting an active uranium-bearing hydrothermal system. Highlights. Initial drillholes at the Q48 target, located in the southern portion of the Project, have intersected uranium mineralization, confirming the zone as a significant uranium-bearing structure. Drillholes PG25-04 and PG25-05 intersected a steeply dipping, north-south trending mineralized structure at vertical depths of 60 and 20 metres below the unconformity, respectively. Radioactivity readings from downhole probe measurements averaged 11,050 cps over 3.7 metres with a maximum of 74,800 in PG25-04, and 27,750 over 2.3 metres with a maximum of 79,800 in PG25-05. Mineralization is hosted within strongly clay-altered basement rocks -cons considered key indicators of a uranium-bearing hydrothermal System consistent with known Athabasca-style deposits. Q48 was originally highlighted as a high-priority target based on historic drilling that encountered structurally disrupted, altered basement rocks with weak radioactivity, and further confirmed in 2022 by IsoEnergy's identification of brittle faults, shearing, and alteration along the conductive trend. A third follow-up hole is underway to further track the mineralized structure along the Q48 conductive corridor to the northeast. Approximately 5,400 metres in 18 drill holes are planned for the Project in 2025. Tillkännagivande • Jun 19
Purepoint Uranium Group Inc. announced that it has received CAD 1 million in funding On June 18, 2025. Purepoint Uranium Group Inc. has closed the transaction. In connection with the closing of the private placement, the Company paid Red Cloud Securities Inc. and Accilent Capital Management Inc. finders' fees consisting of, in aggregate, CAD 62,378.76 in cash and 271,212 non-transferable compensation warrants. Tillkännagivande • May 21
Purepoint Uranium Group Inc. announced that it expects to receive CAD 1 million in funding Purepoint Uranium Group Inc announced a non-brokered private placement to issue 4,347,826 flow-through units at an issue price of CAD 0.23 per unit for gross proceeds of CAD 999,999.98 on May 20, 2025. Each Flow-Through Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles its holder to purchase one common share at an exercise price of CAD 0.30 per share for a period of 24 months from the date of issuance. The completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and corporate approvals, including the approval of the listing of the FlowThrough Shares and the Warrant Shares on the TSX Venture Exchange. Resale of the securities of the Company distributed under the Offering will be subject to a statutory hold period in Canada of four months and one day following the closing date of the Offering. Tillkännagivande • Mar 18
Purepoint Uranium Group Inc., Annual General Meeting, May 29, 2025 Purepoint Uranium Group Inc., Annual General Meeting, May 29, 2025. Tillkännagivande • Dec 25
Purepoint Uranium Group Inc. announced that it has received CAD 1.000005 million in funding Purepoint Uranium Group Inc. announced a non-brokered private placement that it has issued up to 2,857,157 flow-through units at a price of CAD 0.35 per unit for the gross proceeds of up to CAD 1,000,004.95 on December 24, 2024. Each Flow-Through Unit consists of one common share in the capital of the Company and one common share purchase warrant. Each warrant entitles its holder to purchase one common share in the capital of the Company at an exercise price of CAD 0.40 per share for a period of 24 months from the date of issuance. n connection with the closing of the Private Placement, the Company paid finder's fees consisting of, in aggregate, CAD 45,000.90 in cash and 128,574 non-transferable compensation warrants. All securities issued in connection with the closing of the Private Placement are subject to a four-month hold period pursuant to the applicable securities laws with an expiry date of April 24, 2025. Tillkännagivande • Nov 29
Purepoint Uranium Group Inc. and Cameco Approve 2025 Drill Program for Smart Lake Joint Venture Purepoint Uranium Group Inc. announced the approval of a $1.2 million drilling program at the Smart Lake Joint Venture (JV) Project, marking a significant return to this highly prospective project within the southwestern Athabasca Basin, Saskatchewan, Canada. The Smart Lake JV, jointly owned by Cameco Corporation (73%) and Purepoint (27%), exemplifies Purepoint's strategy of advancing high-potential projects through partnerships with industry leaders. As operator of the joint venture, Purepoint continues to provide its proven exploration expertise while leveraging Cameco's technical support and financial resources. JV relationships enable efficient and well-supported exploration while preserving Purepoint's strong financial position and offering a clear path to potential development. Revisiting a Proven Uranium Target: The 2025 drill program builds on the results of Purepoint's initial drill campaign at Smart Lake in 2008, during which uranium mineralization was first identified. Initial holes, including SMT08-01, intersected strongly altered basement structures associated with elevated radioactivity, highlighting the potential for large-scale uranium mineralization. SMT08-05 returned 147 ppm U over 15.4 metres (153.0 to 168.4 metres) from a fault zone defined by multiple intervals of hematite breccia, shearing, gouge, poor core recovery and elevated radioactivity. Although subsequent exploration efforts shifted to Hook Lake following regional discoveries by neighboring projects, the Smart Lake property has remained a priority within Purepoint's portfolio for its untested conductors and compelling geological parallels to high-grade deposits. 2025 Drill Program and Geophysical Survey: The approved drilling program will focus on high-priority targets within the northern Groomes Lake target area. The strong Groomes Lake electromagnetic conductor remains largely untested despite evidence of a favourable structural setting. The ongoing TEM survey, scheduled for completion by year-end, will provide detailed insights into subsurface conductors, optimizing drill targeting and efficiency. Tillkännagivande • Nov 28
Purepoint Uranium Identifies New Exploration Targets At Russell South with Recent Airborne Geophysical Results Purepoint Uranium Group Inc. reported the identification of eight high- priority exploration targets following the completion of two advanced airborne geophysical surveys at its 100% owned Russell South project, located in the Athabasca Basin, SK, Canada. The new exploration targets have been refined to focus on conductive areas associated with potential hydrothermal alteration and favorable structures, bolstering the project's potential for significant uranium discovery. A high-resolution airborne magnetic survey is scheduled to commence late Spring 2025, enhancing the structural interpretation and further refining drill targets within the eight defined zones. The 100% owned Russell Lake Project is located near the south-central edge of the Athabasca Basin covering an area of 13,320 hectares. Eight target areas have now been identified at the project. The target zones are coincident airborne gravity low and magnetic low responses, interpreted as favourable rock types and/or alteration zones, that are proximal to structurally complex areas. The western Treleaven target area hosts historic coincident geochemical anomalies possibly related to a dilational zone lying between the interpreted north-south faults. The Russell Lake project is approximately 20 km ENE of the Key Lake Mine that produced over 200 million pounds of uranium at a grade averaging 2.3% U3O8 between 1983 and 1997. In addition, the project adjoins the Moore Lake Project owned by SkyHarbour Resources Ltd. with their high-grade Maverick Zone and Rio Tinto's Russell Lake Project to the west and south. Tillkännagivande • Nov 25
Purepoint Uranium Group Inc. announced that it has received CAD 2.2 million in funding from IsoEnergy Ltd. On November 25, 2024, Purepoint Uranium Group Inc. closed the transaction. The closing is subject to final acceptance by the TSX Venture Exchange of the Private Placement. In connection with the closing of the Private Placement, the company paid an aggregate of CAD 53,699.96 in cash and 178,999 non-transferable compensation warrants. All securities issued in connection with the closing of the Private Placement are subject to a four-month hold period pursuant to the applicable securities laws with an expiry date of March 23, 2025. IsoEnergy Ltd. acquired 3,333,334 Units pursuant to the Private Placement. Tillkännagivande • Oct 23
Purepoint Uranium Group Inc. announced that it expects to receive CAD 2 million in funding from IsoEnergy Ltd. Purepoint Uranium Group Inc. announced non-brokered private placement offering of up to 6,666,667 units at a price of CAD 0.30 per unit for gross Proceeds of up to CAD 2,000,000 on October 22, 2024. Each unit will consist of one post-consolidation share and one warrant exercisable at CAD 0.40 to acquire one post consolidation share for a period of three years. The transactions, including the formation of the Joint Venture, the Consolidation, and Concurrent Financing, remains subject to approval by the TSXV. The Joint Venture will take effect following the satisfaction of certain conditions, including but not limited to the completion of the Consolidation, closing of the Concurrent Financing, and receipt of all necessary regulatory approvals, including approval of the TSXV. The transaction will include participation from IsoEnergy Ltd. for CAD 1,000,000. Tillkännagivande • Apr 05
Purepoint Uranium Group Inc. Announces Completion of its Winter Drill Program at Hook Lake Joint Venture at Carter Corridor Purepoint Uranium Group Inc. announced the completion of its winter drill program at the Hook Lake Joint Venture at the Carter Corridor. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) and lies on trend with high-grade uranium discoveries including Fission Uranium's Triple R Deposit and NexGen's Arrow Deposit. Highlights: CRT24-10, the most northern drilled hole of the program, intersected a 13 metre wide zone of altered brecciation and shearing that returned 0.29% U3O8 over 0.9 metres (at a true vertical depth of 375 metres), including 0.68% U3O8 over 0.3 metre. CRT24-08A, a 200 metre step out from CRT23-05 towards the northeast, encountered a 28 metre wide graphitic shear zone with clay alteration and local brecciation between 330 and 358 metres. Mineralization was intersected within a breccia zone that returned peak radioactivity of 7,370 cps and averaged 2,760 cps over 1.4 metres. All the 2024 drill holes were collared northeast of CRT23-05 that intersected 0.08% U3O8 over 0.4 metres within a 15 metre wide graphitic shear zone with local brecciation and intense clay alteration. All 2024 drill holes encountered elevated radioactivity. With the exception of the expediated CRT24-10 analyses, all assays are still pending. The 2024 diamond drill program was completed in four holes and one lost hole for a total of 2,332 metres to test the newly identified Lightning Zone of the Carter Corridor. CRT24-07 was collared approximately 800 metres northeast of CRT23-05 and the unconformity was intersected at 325 metres. Weak to moderately sheared, strongly paleoweathered, diorite gneiss was encountered to a depth of 336 metres followed by an interval of weakly mineralized brecciation. An average reading of 1,040 cps over 0.7 metres with a peak reading of 1,660 cps was returned between 334.8 and 335.5 metres. The hole was completed at 461 metres. CRT24-08A was collared approximately 200 metres northeast of CRT23-05 and 600 metres southwest of CRT24-07. The unconformity was intersected at 299 metres. A 28 metre wide graphitic shear zone with clay alteration and local brecciation, was hosted by diorite gneiss between 330 and 358 metres. A brecciation zone returned an average reading of 2,760 cps over 1.4 metres with a peak reading of 7,370 cps. A 19 metre wide zone of brecciated graphitic diorite gneiss with weak shearing was then encountered between 393 and 412 metres. The hole was completed at 527 metres. CRT24-09 was collared 50 m behind CRT24-08A on the same section line and the unconformity was intersected at 305 metres. Three graphitic shear zones, ranging between 6 and 15 metres in width and hosted by sericitized granodiorite, were encountered between 470 and 531 metres. Although the downhole gamma probe returned anomalous radioactivity from the hole, the radioactivity is not associated with the structures intersected and may be mainly attributed to thorium. The hole was completed at 581 metres. CRT24-10 was collared approximately 1,600 m northeast of hole CRT23-05 and the unconformity was intersected at 354 m. A major structure, consisting of an 8 metre wide zone of brecciated and altered graphitic diorite gneiss followed by 5 metres of strong graphitic shearing, was encountered starting at 430 metres. The brecciated zone hosted 0.29% U3O8 over 0.9 metres from 430.6 to 431.5 metres and included 0.68% U3O8 over 0.3 metres. The hole was completed at 539 metres. Gamma Logging and Geochemical Assaying: A Mount Sopris 2PGA-1000 downhole total gamma probe was utilized for radiometric surveying. The total gamma results were selected using a cutoff of 750 cps over a 0.3 metre width. Core sampling is facilitated using a RS-125 Handheld Gamma-Ray Spectrometer that provides a readout of equivalent % K, ppm of U and Th. All drill intercepts are core width and true thickness is yet to be determined. Core samples are submitted to the Saskatchewan Research Council (SRC) Geoanalytical Laboratories in Saskatoon. The SRC facility is ISO/IEC 17025:2005 accredited by the Standards Council of Canada (scope of accreditation #537). The samples are analyzed using partial and total digestion inductively coupled plasma methods, for boron by Na2O2 fusion, and for uranium by fluorimetry. Hook Lake The Carter Corridor: The Hook Lake JV Project is owned jointly by Cameco Corp. (39.5%), Orano Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%) as operator and consists of nine claims totaling 28,598 hectares situated in the southwestern Athabasca Basin. The Hook Lake JV Project is considered one of the highest quality uranium exploration projects in the Athabasca Basin due to its location along the prospective Patterson Lake trend and the relatively shallow depth to the unconformity. The Patterson Lake area was recently flown by an airborne gravity survey (Boulanger, Kiss and Tschirhart, 2019) that was funded by the Targeted Geoscience Initiative (TGI), a collaborative federal geoscience program. The gravity results show the southern portion of the Carter corridor as being associated with the same gravity high response as the Triple R and Arrow uranium deposits. The gravity low response west of the Carter corridor reflects the geologically younger, Clearwater Domain intrusions. The TGI (Potter et al., 2020) considers the Clearwater Domain intrusions as being high-heat-producers that warmed and circulated hydrothermal fluids over the structural corridors. Prolonged interaction of oxidized uranium-bearing fluids with basement rocks via reactivated faults is thought to have formed the high-grade uranium deposits. Tillkännagivande • Mar 22
Purepoint Uranium Group Inc., Annual General Meeting, Jun 04, 2024 Purepoint Uranium Group Inc., Annual General Meeting, Jun 04, 2024. Tillkännagivande • Dec 05
Purepoint Uranium Group Inc. announced that it has received CAD 0.35 million in funding On December 4, 2023, Purepoint Uranium Group Inc., closed the transaction. All securities issued in connection with the closing of the private placement are subject to a four-month hold period, pursuant to the applicable securities laws, with an expiry date of April 5, 2024. Tillkännagivande • Nov 22
Purepoint Uranium Group Inc. Announces the Approval of the 2024 Exploration Program for the Smart Lake Jv Project Jointly Owned by Cameco Corporation Purepoint Uranium Group Inc. announced the approval of the 2024 exploration program for the Smart Lake JV Project that is jointly owned by Cameco Corporation (73%) and Purepoint (27%). The Smart Lake Project is located approximately 18 km west-northwest of the Hook Lake Project and 60 km south-southwest of Orano's former Cluff Lake mine within the western Athabasca Basin, Saskatchewan, Canada. The 2024 exploration program is scheduled for Q1-2024 and will include transient electromagnetic (EM) surveys targeting the Groomes Lake conductor. The Smart Lake property includes two claims with a total area of 9,860 hectares situated in the southwestern portion of the Athabasca Basin, approximately 60 km south of the former Cluff Lake mine and 18 km west-northwest of Purepoint's Hook Lake JV Project. Depth to the unconformity, where it occurs, is relatively shallow at less than 350 metres. Tillkännagivande • Oct 26
Purepoint Uranium Group Inc. Provides Update on Exploration Activities Purepoint Uranium Group Inc. provided an update on its current exploration activities and plans for the coming winter season. As the price of uranium continues to rise, Purepoint is placing considerable emphasis on ensuring that it will be able to maximize the 2024 exploration drilling across its considerable portfolio of advanced projects in Canada's Athabasca Basin. Highlights: Tabbernor Project: Purepoint is currently finalizing a 2,667 line-km airborne MobileMT (Mobile MagnetoTellurics) geophysical survey focused on the 50-kilometre graphitic corridor that cuts through the project. Also, a detailed soil geochemical survey covering approximately 2.5 kilometres of the electromagnetic (EM) conductor within a prospective area was completed earlier this month. Drilling on an adjacent property recently identified significant mineralization associated with the Tabbernor graphitic structure; Field Reconnaissance: The company's geological teams recently completed field mapping of drill target areas at the Red Willow Project, the Carson Project and the Tabbernor Project to determine appropriate access to proposed drill sites. Hook Lake & Smart Lake Projects: In early November, Purepoint and its Joint Venture partners, Cameco Corporation and Orano Canada Inc., will meet to review proposals and budgets for its January drilling and geophysical programs. At Hook Lake, the Company plans to follow up on this past winter's successful drill program at the Carter Corridor, where it encountered significant boron associated with uranium mineralization, a key pathfinder element for uranium deposits. Drill Program Scheduling: Hook Lake is most easily accessed in the winter and drilling at Red Willow and Carson will be scheduled for late Spring as numerous targets will only be accessible by helicopter that limits work to longer days of the year. The Turnor Lake, Tabbernor and Russell South drill programs are planned for the late summer/early fall timeframe. Tillkännagivande • May 26
Purepoint Uranium Group Inc. Releases Airborne Gravity Survey Results for Denare West Project, Hanson Lake Area, Eastern Saskatchewan Purepoint Uranium Group Inc. provided results from an airborne gravity survey across its 100% owned Denare West Volcanogenic Massive Sulphide (VMS) project located approximately 9 kilometres southeast of Foran Mining Corp's McIlvenna Bay Cu-Zn-Au deposit in the Hanson Lake area of eastern Saskatchewan. The Denare West Project area was identified by Purepoint in 2018 as a highly prospective and valuable base and precious metal exploration opportunity that was on strike with the Hanson Lake and McIlvenna Bay deposits. The Denare West property was subsequently staked and is currently comprised of 10 claims covering an area of 21,066 hectares. To Purepoint's advantage, these dispositions remained in good standing for an extended time, due to COVID-19 relief provided by the Saskatchewan Government, while Foran advanced the McIlvenna Bay project. Purepoint recently carried out an airborne gravity survey in order to determine a potential relationship between the project and the McIlvenna Bay resource . The results of the gravity survey are interpreted as showing a direct geologic association between the McIlvenna Bay VMS deposit and Company's Denare West project. Highlights: The Denare West project is 100% owned by Purepoint and on trend with the nearby McIlvenna Bay VMS deposit that is on a path to production; Purepoint has completed its initial review of the 1,100 line-kilometre, FALCON® Airborne Gravity Gradiometer survey results collected across its Denare West project; The Hanson Lake and McIlvenna Bay deposits are located along the eastern edge of a prominent gravity high response that extends onto Denare West project; To best prioritize exploration target areas, an airborne deep-penetrating EM survey using advanced technology is planned for this year. Tillkännagivande • Jan 20
Purepoint Uranium Group Inc. Begins Drill Program At Red Willow Purepoint Uranium Group Inc. announced the commencement of drilling at its 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan, Canada. Red Willow Project: The 100% owned Red Willow property is situated on the northern edge of the eastern Athabasca Basin mine corridor in Northern Saskatchewan, Canada. The property is near several uranium deposits including Orano Resources Canada Inc.'s JEB mine, approximately 10 kilometres to the southwest, and Cameco's Eagle Point mine that is approximately 10 kilometres due south. Red Willow consists of 17 mineral claims having a total area of 40,116 hectares. Geophysical surveys conducted by Purepoint have included airborne magnetic and electromagnetic (VTEM) surveys, an airborne radiometric survey, ground gradient array IP, pole-dipole array IP, fixed-loop and moving-loop transient electromagnetics, and gravity. The detailed airborne VTEM survey provided magnetic results that are an excellent base on which to interpret structures while the EM results outlined over 70 kilometres of conductors that in most instances represent favourable graphitic lithology. Tillkännagivande • Jan 12
Purepoint Uranium Group Inc. Begins Winter Drill Program At Hook Lake Joint Venture Purepoint Uranium Group Inc. announced that drilling has commenced at the Hook Lake Joint Venture located on the southwestern edge of Canada's Athabasca Basin. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) and lies on trend with high-grade uranium discoveries including Fission Uranium's Triple R Deposit and NexGen's Arrow Deposit. Hook Lake - The Carter Corridor: The Hook Lake JV Project is owned jointly by Cameco Corp. (39.5%), Orano Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%) as operator and consists of nine claims totaling 28,598 hectares situated in the southwestern Athabasca Basin. The Hook Lake JV Project is considered one of the highest quality uranium exploration projects in the Athabasca Basin due to its location along the prospective Patterson Lake trend and the relatively shallow depth to the unconformity. The Patterson Lake area was recently flown by an airborne gravity survey (Boulanger, Kiss and Tschirhart, 2019) that was funded by the Targeted Geoscience Initiative (TGI), a collaborative federal geoscience program. The gravity results show the southern portion of the Carter corridor as being associated with the same gravity high response as the Triple R and Arrow uranium deposits. The gravity low response west of the Carter corridor reflects the geologically younger, Clearwater Domain intrusions. The TGI (Potter et al., 2020) consider the Clearwater Domain intrusions as being high-heat-producers that warmed and circulated hydrothermal fluids over the structural corridors. Prolonged interaction of oxidized uranium-bearing fluids with basement rocks via reactivated faults is thought to have formed the high-grade uranium deposits. Purepoint completed three drill holes in the southern portion of the Carter corridor (HK08-01 to 03) during 2008. HK08-01 intersected very strong sericite and silica alteration and returned a maximum of 17 ppm U within basement rock but missed the conductor source. HK08-02 returned locally promoted radioactivity from 20 to 30 metres below the unconformity while HK08-03 intersected 60 metres of intense hematite alteration below the unconformity. 
