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Purepoint Uranium Group Inc. Extends the Spitfire Zone with Growing High-Grade Results at Hook Lake

Vivien Diniz
Feb. 02, 2016 11:01AM PST
Company News

Purepoint Uranium Group Inc. (TSXV:PTU) has expanded the mineralized area at the Spitfire Zone during the initial follow-up holes of this year’s program with hole HK16-37 returning downhole probe results of 9.2% eU3O8 over 0.6 metres within 0.67% eU3O8 over 10.1 metres.

Purepoint Uranium Group Inc. (TSXV:PTU) has expanded the mineralized area at the Spitfire Zone during the initial follow-up holes of this year’s program with hole HK16-37 returning downhole probe results of 9.2% eU3O8 over 0.6 metres within 0.67% eU3O8 over 10.1 metres. Purepoint is the operator of the Hook Lake project on behalf of its Joint Venture partners Cameco Corp. and AREVA Resources Canada Inc.
According to the company’s release:

The recent HK16-37 high-grade uranium intercept is situated only 255 metres below surface and represents a 130 metre up-dip step-out from last year’s significant uranium hit by drill hole HK15-27. Follow-up drilling is being aided by acoustic Televiewer data that is being used to visualize, orientate and measure true strike and dip of borehole structural features in situ. The Televiewer data is being collected and processed by DGI Geoscience of Toronto, Ontario. Purepoint gratefully acknowledges AREVA for providing structural interpretation and quality control of the Spitfire Televiewer data.

Chris Frostad, Purepoint’s CEO commented:

This continuation of high-grade mineralization represents a significant step out from last year’s discovery. As we gain a more detailed appreciation of the structural setting at Spitfire, we are confident that this year’s drill program will demonstrate further potential for significant deposits in the Patterson Lake District”

Click here to view the full press release. 

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