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PUREPOINT URANIUM GRP INC - $PTUUF STOCK NEWS

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Purepoint Uranium Group Inc. Launches Strategic Drill Program at Turnor Lake Project Targeting the La Rocque Structural Corridor - Purepoint Uranium Group Inc. (PTUUF) has announced the commencement of a comprehensive drill program at their 100%-owned Turnor Lake Project, specifically targeting the La Rocque Structural Corridor known for hosting high-grade uranium deposits. The company aims to explore priority targets along this geological feature with the goal of uncovering substantial uranium mineralization akin to neighboring high-grade finds. The project entails approximately 5,000 meters of helicopter-supported diamond drilling over 12 to 15 strategically placed holes, with drilling activities scheduled to commence later in the week. More detailed project insights can be accessed in the Company's 2023 Portfolio Handbook.

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Purepoint Uranium Group Inc. completes winter drill program at Hook Lake Joint Venture, discovering significant uranium mineralization. The program yielded 0.9 metres of 0.29% U3O8, including 0.3 metres of 0.68% U3O8. The basement-hosted mineralization is within an altered breccia matrix near a 10-metre wide graphitic shear, showcasing the project's economic potential.
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Purepoint Uranium Group Inc. initiates an airborne Mobile Magnetotellurics survey at Russell South Uranium Project in Saskatchewan, Canada. The survey aims to detect resistivity contrasts of geological structures and boundaries, covering 1,064 kilometers of flight. Results are expected in May 2024. The project is strategically located near prominent uranium projects, with four high-value target regions identified. The company plans a series of exploration activities and announcements in the upcoming months.
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Purepoint Uranium Group Inc. announced the commencement of drilling at the Hook Lake Project, a joint venture with Cameco Corporation and Orano Canada Inc. The project is located in Canada's Athabasca Basin and is adjacent to high-grade uranium discoveries. Approximately 2,500 meters of diamond drilling are planned in five holes to follow up on last year's breakthrough at the Carter Corridor. The program will focus on testing the Carter Corridor, which represents a long-lived, reactivated fault zone. The Hook Lake JV Project is considered one of the highest quality uranium exploration projects in the Athabasca Basin due to its location and relatively shallow depth to the unconformity.
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Purepoint Uranium Group Inc. announces exploration plans for 2024, focusing on drilling and geophysical programs at its joint ventures and 100% owned projects in Canada's Athabasca Basin. The company aims to identify new sources of uranium in response to production shortfalls in Kazakhstan, highlighting long-term challenges in the nuclear fuel pipeline.
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Purepoint Uranium Group Inc. (PTU) approves the issuance of 10,500,000 options at $0.055 per common share, expiring in five years.
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Purepoint Uranium Group Inc. (PTU) announced the approval of the 2024 exploration program for the Smart Lake JV Project, jointly owned by Cameco Corporation and Purepoint. The program will include transient electromagnetic surveys targeting the Groomes Lake conductor, with a focus on identifying uranium mineralization. The Smart Lake Project is located in the western Athabasca Basin, Saskatchewan, Canada, and has shown promising exploration successes in recent years.
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Purepoint Uranium Group Inc. (PTU) Enters Option Agreement with Foran Mining Corporation (FOM) for Denare West Project, Including Investment and Equity Participation
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Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) announced the approval of the exploration program for the Hook Lake Project for the upcoming winter season. The joint venture project with Cameco Corporation and Orano Canada Inc. will see approximately 2,500 metres of diamond drilling across 5 holes at the Carter Corridor. The drilling is scheduled to commence in January 2024 and will follow up on hole CRT23-05, which returned an assay of 0.08% U3O8 over 0.4 metres and a significant boron halo over 35 metres. The Project is located in Canada's Athabasca Basin, adjacent to high-grade uranium discoveries.
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Purepoint Uranium Group Inc. reported the completion of an airborne Mobile MagnetoTellurics (MobileMT) survey on the Tabbernor Project, adding approximately 8,865 hectares to the property. The survey confirmed the Central electromagnetic (EM) conductor and identified a significant EM anomaly continuing to the east beyond the claim line. The project consists of 34 claims totaling 79,463 hectares, with additional land staked to capture all of the Central EM conductor that crosscut and possibly extended beyond the projects.
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PUREPOINT URANIUM GRP INC

OTC:PTUUF

PTUUF Rankings

PTUUF Stock Data

18.29M
489.62M
2.22%
1.27%
Uranium
Energy
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United States of America
Toronto