Purepoint Uranium Group Inc. (TSX:PTU.V) announced that a geochemical survey conducted at its wholly-owned, Saskatchewan-based Umfreville North project indicates that a new geochemical anomaly includes vanadium values.
According to the press release, highlights include:
- The new geochemical anomaly within the Perching Zone includes uranium, nickel, molybdenum and vanadium values;
- The newly staked claim (1,373 ha) covers the open direction of the geochemical anomaly;
- Perching Zone is a high-priority exploration target with clearly defined structures and geophysical signatures representative of hydrothermal alteration; and
- Results are supported by location of historic geochemical anomaly outlined by the Saskatchewan Department of Mineral Resources in 1976.