Purepoint Uranium Group Inc. (CVE:PTU) reports that a preliminary winter drilling program has began at its Red Willow project, Saskatchewan’s Athabasca Basin, Canada.
The press release is quoted as saying:
The program, managed by Rio Tinto under a recently announced option agreement, will initially focus on the Geneva Synform; a high priority target situated SW of the Osprey Zone.
Purepoint Uranium’s Vice-President, Scott Frostad says:
“The geophysical data has provided evidence of large scale faulting including the north-east striking Geneva Fault that cuts three separate conductors.” “The Geneva Fault is a possible pathway for uranium-rich hydrothermal fluids and will be tested where cross-cutting structures may have formed traps of these fluids”.