Welcome to our dedicated page for Purepointuranium news (Ticker: PTUUD), a resource for investors and traders seeking the latest updates and insights on Purepointuranium stock.
Purepoint Uranium (PTUUD) maintains this dedicated news hub for stakeholders tracking developments in uranium exploration. Our repository aggregates official announcements, technical progress reports, and strategic partnership details from the Athabasca Basin region.
Investors and industry observers will find timely updates on geophysical survey results, joint venture milestones, and exploration program expansions. The curated collection includes press releases about resource targeting methodologies, collaborative project updates, and operational advancements.
This resource serves as a centralized reference for understanding PTUUD's systematic approach to uranium discovery. Regular updates ensure access to critical information about airborne survey outcomes, ground exploration initiatives, and partnership-driven developments in Canada's premier uranium district.
Bookmark this page for direct access to verified updates about Purepoint's exploration strategies, technical achievements, and industry collaborations. Check regularly for new insights into the company's progress in identifying high-potential uranium targets through advanced geological methods.
Purepoint Uranium has identified eight high-priority exploration targets at its Russell South project in the Athabasca Basin following two advanced airborne geophysical surveys. The company completed a VTEM Plus survey by Geotech and a MobileMT survey by Expert Geophysics , leading to the refinement of original Akal and Amber targets into four smaller zones and the addition of two new exploration areas. The targets focus on conductive zones potentially indicating clay or hydrothermal alteration with strong cross-cutting structural features. A high-resolution airborne magnetic survey is planned for Spring 2025 to enhance structural interpretation and refine drill targets.
Purepoint Uranium and Cameco have approved a $1.2 million drilling program at the Smart Lake Joint Venture Project in Saskatchewan's Athabasca Basin. The program, set for 2025, will include approximately 2,500 metres of diamond drilling targeting the northern Groomes Lake conductor. Cameco owns 73% of the JV while Purepoint holds 27% and operates the project. A 39-line-km transient electromagnetic survey is currently underway to refine drill targets. The program builds on previous exploration success from 2008, where initial drilling revealed uranium mineralization, including an intersection of 147 ppm U over 15.4 metres in hole SMT08-05.
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