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.

Click here to read the full Purepoint Uranium Group Inc. (TSX:PTU.V) press release.