Toronto, Ontario – June 28, 2022 (Newsfile Corp.) (Investorideas.com Newswire) Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Firm”) right this moment introduced the graduation of an airborne gravity/magnetic survey over their 100% owned Carson Lake Uranium Challenge which lies on the north-eastern fringe of the Athabasca Basin, Saskatchewan, Canada.
The Carson Lake venture covers the northeast extension of a significant conductive development that can be current on Purepoint’s Purple Willow venture. The present airborne gravity survey outcomes will assist additional outline north-south trending buildings and geologic contacts interpreted from prior magnetic survey outcomes. Interpreted buildings that crosscut the conductive development are thought-about potential exploration goal areas as structural complexity might have developed and trapped uranium-rich fluids.
Highlights
- Purepoint might be conducting an airborne Gravity Gradiometer, Gravity and Magnetic Survey throughout the venture.
- The survey will cowl 390 kilometres of flight at 100 metre spacings.
- Outcomes and interpretations needs to be full by early July.
Carson Lake Challenge
The 100% owned Carson Lake Challenge is situated close to the north-eastern fringe of the Athabasca Basin and covers an space of 4,972 hectares. Exploration is targeted on basement-hosted uranium mineralization targets just like the Eagle Level deposit located 50 kilometers south-southwest of Carson Lake.
About Purepoint
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) actively operates an exploration pipeline of 12 superior tasks in Canada’s Athabasca Basin. Along with its flagship three way partnership venture at Hook Lake with companions Cameco and Orano and a second three way partnership with Cameco at Good Lake, Purepoint additionally holds ten, 100% owned tasks with confirmed uranium exploration targets. With an aggressive exploration program underway on a number of tasks, Purepoint is rising because the preeminent uranium explorer on the earth’s richest uranium district.
Scott Frostad BSc, MASc, PGeo, Purepoint’s Vice President, Exploration, is the Certified Individual accountable for technical content material of this launch.
For extra data, please contact:
Chris Frostad, President & CEO
Cellphone: (416) 603-8368
E mail: [email protected]
For extra data please go to our new web site at https://purepoint.ca, our Twitter feed: @PurepointU3O8 or our LinkedIn web page @Purepoint-Uranium.
Neither the Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the Trade) accepts duty for the adequacy or accuracy of this Press launch.
Disclosure concerning forward-looking statements
This press launch comprises projections and forward-looking data that contain numerous dangers and uncertainties concerning future occasions. Such forward-looking data can embody with out limitation statements based mostly on present expectations involving quite a few dangers and uncertainties and should not ensures of future efficiency of the Firm. These dangers and uncertainties may trigger precise outcomes and the Firm’s plans and targets to vary materially from these expressed within the forward-looking data. Precise outcomes and future occasions may differ materially from these anticipated in such data. These and all subsequent written and oral forward-looking data are based mostly on estimates and opinions of administration on the dates they’re made and expressly certified of their entirety by this discover.
Extra Data:
This information is revealed on the Investorideas.com Newswire – a world digital information supply for traders and enterprise leaders
Disclaimer/Disclosure: Investorideas.com is a digital writer of third social gathering sourced information, articles and fairness analysis in addition to creates unique content material, together with video, interviews and articles. Authentic content material created by investorideas is protected by copyright legal guidelines apart from syndication rights. Our web site doesn’t make suggestions for purchases or sale of shares, providers or merchandise. Nothing on our websites needs to be construed as a suggestion or solicitation to purchase or promote merchandise or securities. All investing entails danger and potential losses. This web site is at the moment compensated for information publication and distribution, social media and advertising, content material creation and extra. Disclosure is posted for every compensated information launch, content material revealed /created if required however in any other case the information was not compensated for and was revealed for the only real curiosity of our readers and followers. Contact administration and IR of every firm instantly concerning particular questions.
Extra disclaimer information: https://www.investorideas.com/About/Disclaimer.asp Study extra about publishing your information launch and our different information providers on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
World traders should adhere to laws of every nation. Please learn Investorideas.com privateness coverage: https://www.investorideas.com/About/Private_Policy.asp
