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    market news

    Purepoint Uranium Refines Drill Targets at Henday Lake Project

    Melissa Shaw
    Aug. 10, 2017 08:35AM PST
    Energy Investing

    Purepoint Uranium Group (the “Company” or “Purepoint”) (TSX:PTU.V) today reported the results of a ground gravity survey conducted at its 100% owned Henday Lake project in the eastern area of Canada’s Athabasca Basin in Northern Saskatchewan. Scott Frostad, VP Exploration at Purepoint, said: “The Henday project contains over 8 kilometers of untested EM conductor length, …

    Purepoint Uranium Group (the “Company” or “Purepoint”) (TSX:PTU.V) today reported the results of a ground gravity survey conducted at its 100% owned Henday Lake project in the eastern area of Canada’s Athabasca Basin in Northern Saskatchewan.
    Scott Frostad, VP Exploration at Purepoint, said:

    “The Henday project contains over 8 kilometers of untested EM conductor length, which regionally, is on trend with some of the largest uranium deposits in the Athabasca basin.
    Only one drill hole has been completed on the property to date and it confirmed the presence of sheared graphitic pelites. Our priority drill targets are located where the EM conductors are proximal to a north-south cross-cutting fault, a structure that was interpreted from airborne magnetics and is now supported by the recent ground gravity results.”

    Click here to read the full text release. 

    market newsathabasca basinlargest uranium depositscanada
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