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Purepoint Uranium Group Drills 31.2 Meters of 1.7% eU3O8

Teresa Matich
Feb. 26, 2016 10:49AM PST
Company News

Purepoint Uranium Group (TSXV:PTU) has intersected its strongest mineralized interval to date within the Spitfire zone. Drilling has returned downhole probe results of 1.7 percent eU3O8 over 21.2 meters, including 13.3 percent eU3O8 over 2.2 meters.

Purepoint Uranium Group (TSXV:PTU) has intersected its strongest mineralized interval to date within the Spitfire zone. Drilling has returned downhole probe results of 1.7 percent eU3O8 over 21.2 meters, including 13.3 percent eU3O8 over 2.2 meters.
As quoted in the press release:

  • Spitfire Zone drill hole HK16-43 has returned downhole probe results of 1.7% eU3O8 over 31.2 metres and includes 13.3% eU3O8 over 2.2 metres;
  • The recent HK16-43 high-grade intercept is only 220 metres from surface and is located 25 metres up-dip from the high-grade intercept by hole HK15-37;
  • The mineralized structure has yet to be tested where it meets the unconformity and may also be associated with unconformity-related uranium deposition.

Purepoint VP of Exploration, Scott Frostad, said:

The structure hosting high-grade uranium at Spitfire is currently being chased to shallower depths. We are zeroing in on where the mineralized structure meets the unconformity to test for unconformity-related uranium deposition.

Click here for the full press release.

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