CA Market News
3日前
Purepoint Commences Summer Drill Program at Dorado, Targeting Expansion of the High-Grade Nova Uranium DiscoveryJune 17, 2026 6:30 AM
NewsfileToronto, Ontario--(Newsfile Corp. - June 17, 2026) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") announces that drilling has commenced at the Dorado Project, the flagship asset of Purepoint's 50/50 joint venture with IsoEnergy Ltd. (NYSE American: ISOU) (TSX: ISO), located in Saskatchewan's Athabasca Basin. The fully funded summer 2026 program is designed to build on the high-grade Nova Discovery, where winter drilling successfully expanded uranium mineralization across a one-kilometre structural corridor and refined the geological model for continued exploration. Seven drill holes totaling approximately 3,150 metres are planned through July and August 2026, with the program focused on expanding the Nova Discovery while also evaluating additional high-priority regional targets across the broader Dorado Project."The winter program significantly improved our understanding of the Nova system," said Chris Frostad, President and CEO of Purepoint. "We now have a much stronger geological model that is directing this next phase of drilling. Our objective this summer is to test the interpreted plunge of the mineralized structure, evaluate its potential extension toward the unconformity, and continue assessing additional high-priority targets across the broader Dorado Project. Each drill program is building on the success of the last and moving us systematically toward defining the full scale of the system." HighlightsSummer drilling is targeting expansion of the high-grade Nova Discovery, where previous drilling returned assays of up to 8.1% U3O8 and defined a one-kilometre structural corridor hosting radioactivity that remains open along strike, at depth and toward the unconformity; Seven holes totaling approximately 3,150 metres are planned; drilling is expected to continue through July and August 2026;The program follows a successful nine-hole winter campaign at the Nova Discovery that intersected radioactivity greater than 500 cps in all holes and refined the geological model for continued exploration;Winter drilling confirmed a peak downhole gamma reading of 73,100 CPS, assays from the winter program remain pending;Summer drilling will test the interpreted plunge of the Nova mineralized structure and include step-outs toward the unconformity, while also evaluating additional high-priority conductive targets across the broader Dorado land package;An airborne MobileMT geophysical survey was recently completed over the Dorado Project and results will be integrated into ongoing geological interpretation and future drill targeting.Summer 2026 Drill ProgramThe first objective of the summer campaign is to continue advancing the Nova Discovery. Winter drilling successfully traced uranium mineralization across a one-kilometre structural corridor and provided a significantly improved understanding of the controls on mineralization. The current program is designed to test the interpreted plunge of the Nova system and evaluate its projected extension toward the unconformity. Together, these targets represent the next steps in systematically vectoring toward the core of the mineralized structure, which remains open along strike and at depth.The second objective of the program is to evaluate several high-priority conductive targets identified by previous geophysical surveys but not yet drill tested. These targets represent an opportunity to define the mineralized system (see Figure 1) across a broader portion of the Dorado Project. Drilling is helicopter-supported, with accommodations and fuel logistics provided through Points North Landing.Figure 1: Location map of summer 2026 drill program, Dorado JV ProjectTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3218/301811_dorado%20project%20-%202026%20target%20areas-gray%20background%20legend.jpeg* See Qualified Person Statement below.About the Dorado ProjectThe Dorado Project is the flagship asset of the Purepoint and IsoEnergy 50/50 joint venture, encompassing more than 98,000 hectares of highly prospective uranium exploration ground in the eastern Athabasca Basin. The Project sits within one of the most prolific uranium districts on earth, surrounded by world-class deposits including IsoEnergy's Hurricane — the world's highest-grade indicated uranium resource. Underlain by the same fertile graphitic lithologies and fault structures that control high-grade uranium mineralization across the eastern Basin, the project hosts multiple untested conductive corridors that exhibit structural and lithological characteristics seen associated with high-grade unconformity-related uranium deposits. Shallow unconformity depths across the property allow for efficient drilling and rapid follow-up.Gamma LoggingA Mount Sopris 2PGA-1000 downhole total gamma probe was utilized for radiometric surveying and reported counts per second.Qualified Person StatementThe scientific and technical information contained in this news release relating to Purepoint was reviewed and approved by Scott Frostad BSc, MASc, P.Geo., Purepoint's Vice President, Exploration, who is a "Qualified Person", as defined in NI 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").About PurepointPurepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) is a uranium exploration company operating at the heart of the Athabasca Basin — the world's premier high-grade uranium district. Purepoint actively operates exploration programs on behalf of joint venture partnerships with three of the world's leading uranium companies: Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd. Purepoint's strategy of advancing projects through partnerships with leading uranium companies allows the Company to leverage technical expertise and partner funding while maintaining meaningful exposure to discovery success. Purepoint operates the Dorado Project under a 50/50 joint venture with IsoEnergy Ltd., where the Nova Discovery returned confirmed assays of up to 8.1% U3O8 and a mineralized corridor now extends to one kilometre. The Company also operates the Hook Lake and Smart Lake projects under joint venture with Cameco Corporation and Orano Canada Inc. Purepoint's wholly owned property portfolio includes additional exploration-stage uranium assets in the Athabasca Basin region. Additionally, Purepoint holds a promising VMS project optioned to and strategically positioned adjacent to Eldorado Gold's McIlvenna Bay project.For more information, please contact:
Purepoint Uranium Group Inc.
Chris Frostad, President & CEO
Phone: (416) 603-8368
Email: cfrostad@purepoint.caNeither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.Cautionary Statement Regarding Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". This forward-looking information may relate to additional planned exploration activities, including the timing thereof and the anticipated results thereof; and any other activities, events or developments that the companies expect or anticipate will or may occur in the future.Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Such assumptions include, but are not limited to, that planned exploration activities are completed as anticipated; the anticipated costs of planned exploration activities, the price of uranium; that general business and economic conditions will not change in a materially adverse manner; that financing will be available if and when needed and on reasonable terms; and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Joint Venture's planned activities will be available on reasonable terms and in a timely manner. Although each of IsoEnergy and Purepoint have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Such statements represent the current views of IsoEnergy and Purepoint with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by IsoEnergy and Purepoint, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include but are not limited to the following: the inability of the Joint Venture to complete the exploration activities as currently contemplated; uncertainty of additional financing; no known mineral resources or reserves; aboriginal title and consultation issues; reliance on key management and other personnel; actual results of technical work programs and technical and economic assessments being different than anticipated; regulatory determinations and delays; stock market conditions generally; demand, supply and pricing for uranium; and general economic and political conditions. Other factors which could materially affect such forward-looking information are described in the risk factors in each of IsoEnergy's and Purepoint's most recent annual management's discussion and analyses or annual information forms and IsoEnergy's and Purepoint's other filings with the Canadian securities regulators which are available, respectively, on each company's profile on SEDAR+ at www.sedarplus.ca. IsoEnergy and Purepoint do not undertake to update any forward-looking information, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301811 Original: Purepoint Commences Summer Drill Program at Dorado, Targeting Expansion of the High-Grade Nova Uranium Discovery
CA Market News
2月前
Purepoint Applies Integrated 3D Modelling to Advance Uranium Targeting and Deploys Expanded MobileMT Program at DoradoApril 23, 2026 6:30 AM
NewsfileToronto, Ontario--(Newsfile Corp. - April 23, 2026) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") reports results from an integrated geophysical program combining airborne MobileMT surveys with advanced 3D structural modelling, completed by Expert Geophysics Limited, across three of its Athabasca Basin projects. By integrating MobileMT data into detailed 3D structural models, Purepoint has significantly improved its ability to identify and rank the subsurface structures most likely to host uranium mineralization, providing a more precise and capital-efficient framework for drill targeting. Building on these results, an expanded geophysical program will commence shortly at the Dorado Project, ahead of the Company's planned June 2026 drill campaign. "The airborne passive EM (electromagnetic) results are changing how we understand and target uranium systems across our portfolio," said Scott Frostad, VP Exploration of Purepoint Uranium. "At Celeste East, the MobileMT data allowed us to view a detailed 3D model of the conductive structures that can control mineralization. At Russell South, we were able to resolve basement EM features that had been completely masked by broad subsurface conductive packages. The 3D structural modelling gives us a much clearer picture of where uranium is most likely to occur and how to target mineralization more effectively."Highlights: Airborne MobileMT EM surveys and 3D structural modelling at Celeste East, Russell South, and Tabbernor completed; expanded surveys at Dorado and Henday Lake projects to commence later this month3D structural modelling of MobileMT inversion data has materially improved subsurface interpretation, enabling Purepoint to define and rank drill targets with greater confidence before committing drill metresAt Celeste East, modelling reveals a folded conductive system with defined hinge zones – structural geometries associated with uranium precipitation in Athabasca Basin geological settingsAt Russell South, 3D modelling resolved basement structures beneath a shallow conductive layer that had masked targets from previous airborne EM surveysAt Tabbernor, the integrated interpretation has prioritized conductive corridors across a large land package for follow-up explorationIntegrated 3D modelling framework enables more efficient allocation of drilling resources by allowing targets to be evaluated and ranked before mobilizing a drill rigRefining Geological Understanding at Celeste EastAt Celeste East, MobileMT data has been integrated with historic geological datasets to produce a detailed 3D model of the subsurface conductivity. The modelling, completed by Expert Geophysics, indicates that the previously interpreted east-west conductor is part of a broader folded conductive system within the project area.The 3D interpretation has identified a structural fold with defined hinge zones and limbs, significantly refining the geological framework. Fold hinge zones are of particular exploration interest as they can create fractured pathways and structural taps for hydrothermal fluids, conditions associated with uranium precipitation in Athabasca Basin settings.Creation of refined structural models enhances both drill targeting and the interpretation of future drilling results, allowing any mineralization encountered to be evaluated within a more complete structural context. Celeste East is part of the Celeste Block Project, a 50/50 joint venture with IsoEnergy.Figure 1: Modelling of Conductive Structures from the Inverted (resistivity-depth) MobileMT data in 3D View at Celeste EastTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3218/293873_bef6e852246b39a0_002full.jpgResolving Subsurface Targets at Russell South At the 100% owned Russell South, previous geophysical surveys were limited by shallow subsurface conductive layers that absorbed and distorted traditional airborne EM signals, masking the underlying basement geology. MobileMT, which uses naturally occurring electromagnetic signals to map structures at depth, enabled the Company to view conductive structures beneath this obstructive layer. Subsequent 3D structural modelling of the inverted MobileMT data clearly defines previously unrecognized basement features that were inaccessible through conventional airborne EM methods, generating a series of drill targets with well-defined structural context.Prioritizing Targets at TabbernorThe 100% owned Tabbernor Project covers a large land position along a significant structural corridor in the Athabasca Basin. MobileMT results, combined with 3D structural modelling, have enhanced the definition of conductive trends across the project and established a ranked set of conductive corridors for follow-up exploration.Next Phase: Dorado and Henday Lake ProjectsFollowing the results at Celeste East, Russell South, and Tabbernor, Purepoint will commence expanded MobileMT surveys at Dorado and Henday Lake Projects. At Dorado, the surveys are designed to produce the same quality of 3D structural model that has proven effective across the portfolio, focused not only on the structural settings around the Nova Discovery, but throughout all the other identified targets on the project. Integrating this model with existing drill results is expected to sharpen targeting and support more efficient deployment of drill resources ahead of the June 2026 drill campaign. About MobileMTMobile Magnetotellurics is an airborne geophysical survey that maps subsurface resistivity and conductivity by measuring variations in naturally occurring EM signals over a broad frequency range1. The method allows for deep penetration and, when combined with advanced inversion and 3D modelling, provides a detailed representation of geological structures and conductive pathways often associated with mineralization.1 Expert Geophysics Limited, "Mobile Magnetotellusircs (MobileMT)," https://expertgeophysics.com/mobile-magnetotellurics-mobilemt/Qualified Person StatementThe scientific and technical information contained in this news release relating to Purepoint was reviewed and approved by Scott Frostad BSc, MASc, P.Geo., Purepoint's Vice President, Exploration, who is a "Qualified Person" (as defined in NI 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101")).About PurepointPurepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) is a uranium exploration company operating at the heart of the Athabasca Basin — the world's premier high-grade uranium district. Purepoint actively operates exploration programs on behalf of joint venture partnerships with three of the world's leading uranium companies: Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd. This unique position alongside established uranium producers and developers reflects the quality of Purepoint's project portfolio and the caliber of its technical team. Purepoint operates the Dorado Project under a 50/50 joint venture with IsoEnergy Ltd., where the Nova Discovery returned confirmed assays of up to 8.1% U3O8 and a mineralized corridor now extends to one kilometre. The Company also operates the Hook Lake and Smart Lake projects under joint venture with Cameco Corporation and Orano Canada Inc. Purepoint's wholly owned property portfolio includes additional exploration-stage uranium assets in the Athabasca Basin region. Additionally, Purepoint holds a promising VMS project optioned to and strategically positioned adjacent to Foran Mining Corporation's McIlvenna Bay project.For more information, please contact:Purepoint Uranium Group Inc.
Chris Frostad, President & CEO
Phone: (416) 603-8368
Email: cfrostad@purepoint.caNeither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.Cautionary Statement Regarding Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". This forward-looking information may relate to additional planned exploration activities, including the timing thereof and the anticipated results thereof; and any other activities, events or developments that the companies expect or anticipate will or may occur in the future.Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Such assumptions include, but are not limited to, that planned exploration activities are completed as anticipated; the anticipated costs of planned exploration activities, the price of uranium; that general business and economic conditions will not change in a materially adverse manner; that financing will be available if and when needed and on reasonable terms; and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Joint Venture's planned activities will be available on reasonable terms and in a timely manner. Although each of IsoEnergy and Purepoint have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Such statements represent the current views of IsoEnergy and Purepoint with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by IsoEnergy and Purepoint, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include but are not limited to the following: the inability of the Joint Venture to complete the exploration activities as currently contemplated; ; uncertainty of additional financing; no known mineral resources or reserves; aboriginal title and consultation issues; reliance on key management and other personnel; actual results of technical work programs and technical and economic assessments being different than anticipated; regulatory determinations and delays; stock market conditions generally; demand, supply and pricing for uranium; and general economic and political conditions. Other factors which could materially affect such forward-looking information are described in the risk factors in each of IsoEnergy's and Purepoint's most recent annual management's discussion and analyses or annual information forms and IsoEnergy's and Purepoint's other filings with the Canadian securities regulators which are available, respectively, on each company's profile on SEDAR+ at www.sedarplus.ca. IsoEnergy and Purepoint do not undertake to update any forward-looking information, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293873
Original: Purepoint Applies Integrated 3D Modelling to Advance Uranium Targeting and Deploys Expanded MobileMT Program at Dorado
CA Market News
2月前
Purepoint Uranium Reports 73,100 CPS Peak within 17,700 CPS Average over 1.8 Metres at Nova DiscoveryApril 14, 2026 6:30 AM
NewsfileToronto, Ontario--(Newsfile Corp. - April 14, 2026) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") reports that the nine holes of its winter 2026 drill program at the Nova Discovery have been successful in extending the uranium mineralization and favourable geology at the Dorado Joint Venture Project ("Dorado" or the "Project"), located in Saskatchewan's Athabasca Basin. Purepoint, as operator of the 50/50 joint venture with IsoEnergy Ltd. (NYSE American: ISOU | TSX: ISO), completed 5,210 metres of drilling within the Nova Zone. Downhole probe readings peaked at 73,100 counts per second (CPS), building on previously confirmed assay grades of up to 8.1% U3O8 at the Nova Discovery (see September 18, 2025 NR). Regional drilling at Dorado is planned to resume in late June 2026."When evaluating the scale potential of a new discovery, tracking radioactivity across a one kilometre trend anchored by confirmed grades of up to 8.1% U3O8 is exactly what you want to see," said Chris Frostad, President and CEO. "We now have the geological framework and confidence to drill more aggressively when we return. We are disciplined in how we've approach this target and the results are showing it. The mineralization remains open." HighlightsThe nine holes of the winter 2026 drill program expanded uranium mineralization at the Nova Discovery, extended the associated geologic contact for a strike length of one kilometre and established a refined targeting framework for continued expansion.Six holes intersected uranium mineralization as measured by a Mt. Sopris 2PGA-1000 downhole radiometric probe. Standout intersections include:NV26-05:17,700 CPS average over 1.8 metres including 61,100 CPS average over 0.3 metres, and NV26-03A: 10,600 CPS average over 1.7 metres including 41,200 CPS average over 0.3 metresProgram peak: 73,100 CPS. The Nova Discovery remains open along strike, at the unconformity and at depthWinter 2026 results build on previously reported assay grades of up to 8.1% U3O8 at the Nova Discovery. Assays from the winter 2026 program are pending.Regional drilling is planned to resume at the Dorado JV Project in late June 2026.Airborne MobileMT survey to be conducted over Dorado this spring with interpretation to assist summer drill targeting. Downhole Gamma Results of Winter 2026 Drill ProgramHole IDFrom (m)To (m)LengthAvg. CPSMax. CPSNV26-01462.2464.62.48302,100
466.8467.40.6610750
469.1470.21.11,8003,500NV26-02415.2415.80.61,4002,000
422.8423.10.31,3001,800
423.6424.81.24,10018,900N26-03A405.9407.31.47801,100
410.4410.80.49301,400
411.5415.03.53,00011,300
415.6416.00.41,6002,700
416.5418.21.710,60055,100Includes417.5417.80.341,200
NV26-04363.7364.10.48401,100
366.1366.70.6590670
429.3429.60.3760920
473.8474.30.51,4002,400NV26-05370.6370.90.3690860
389.7391.51.817,70073,100Includes390.4390.70.361,100
395.8397.21.43,00012,800
527.1528.00.99101,400NV26-06A315.1315.40.4590660
366.9367.20.3680890
384.6385.20.6550650NV26-07334.0334.60.61,1001,700
336.5338.21.77901,100NV26-08384.8387.52.79201700
393.2393.70.5750950NV26-09A329.3330.10.8610770
470.0470.40.49101,200
472.8473.30.51,1001,500
557.0557.30.3620740All lengths reported are dowhole metres. True widths have not been determined. CPS values have been rounded to the nearest whole number. Winter 2026 DrillingNV26-01 was designed as a 50-metre step-out from PG25-07A to test mineralization at the same elevation. The hole encountered the unconformity at 317 metres followed by paleoweathered granite to granitic gneiss and a 67-metre-wide interval of unaltered pyritic graphitic pelitic gneiss with localized shearing. Anomalous radioactivity attributed to uranium was intersected between 462 and 470 metres, returning a downhole gamma peak of 3,500 CPS.NV26-02 was drilled from the same pad as NV26-01 and designed to test mineralization 40 metres below PG25-07A. The hole encountered the unconformity at 310 metres followed by paleoweathered granite to granitic gneiss, then a chloritized brecciated pelitic gneiss with localized silicification. Anomalous radioactivity attributed to uranium was intersected between 423 and 425 metres, returning a downhole gamma peak of 18,900 CPS.NV26-03A was designed as a 30-metre step-out from PG25-07A to follow up mineralization intersected in that hole. The unconformity was encountered at 311 metres followed by paleoweathered granite to granitic gneiss, a chloritized brecciated granite and chloritized graphitic pelitic gneiss. A 12-metre-wide zone of pelitic gneiss, hosting chloritized intervals with elevated radioactivity attributed to uranium, returned a downhole gamma peak of 55,100 CPS.NV26-04 was designed as a 100-metre step-out to the northeast to test the granite-pelite contact. The unconformity was encountered at 318 metres followed by paleoweathered granite to granitic gneiss, then a sequence of chloritized pyritic graphitic pelitic gneiss. The strongest radioactivity was intersected at 474 metres returning a downhole gamma peak of 2,400 CPS.NV26-05 was designed as a 65-metre step-out to the southeast to follow up PG25-07A mineralization. The unconformity was encountered at 322 metres followed by paleoweathered granitic gneiss to 390 metres, where a strongly hematized and chloritized pegmatite returned an average of 7,700 cps over 1.8 metres. The hole returned a downhole gamma peak of 73,100 CPS, the strongest result of the winter program. NV26-06A was designed as a 260-metre step-out to the northeast to test the extent of the Nova Discovery along strike. Strong alteration was encountered in the sandstone before reaching the unconformity at 304 metres suggesting follow-up drilling for unconformity related uranium mineralization. Basement rocks were paleoweathered granite to granitic gneiss, followed by intervals of chloritized pegmatite and unaltered pyritic graphitic pelitic gneiss. Weak radioactivity was intersected with a peak of 890 cps defines the current northeastern extent of the Nova Discovery drilling. NV26-07 was designed as a 200-metre step-out to the southwest of NV26-06A to test the granite-pelite contact along strike. The unconformity was intersected at 308 metres followed by 63 metres of paleoweathered granite, then unaltered pelitic gneisses hosting a 12-metre-wide chloritized pyritic graphitic pelitic gneiss between 385 and 397 metres. Anomalous radioactivity was returned between 334 and 338 metres within an interval of localized brittle to broken core consistent with the broader Nova Zone structural setting.NV26-08 was designed as a 50-metre step-out to the southwest of NV26-05 to follow up the strong mineralization encountered in that hole. The unconformity was intersected at 322 metres followed by paleoweathered granite to granitic gneiss to 390 metres, then intervals of chloritized pyritic pelitic gneiss with localized graphite and an unaltered graphitic pyritic pelitic gneiss with localized brittle to broken core between 460 and 478 metres. Anomalous radioactivity was returned between 385 and 394 metres , confirming the continuity of the Nova Zone structural corridor to the southwest.NV26-09A was designed as a 55-metre downdip step-out between NV26-08 and NV26-05 to further define the Nova Zone mineralized structure. The unconformity was intersected at 308 metres followed by paleoweathered granite to 316 metres, then unaltered granitic gneisses, granites and pegmatites to 441 metres before encountering a silicified pelitic gneiss and brecciated chloritized granite. Anomalous radioactivity was returned within the deeper graphitic and pyritic pelitic gneiss units between 470 and 557 metres, providing important structural context for the southern extent of the Nova Discovery.Location Map of Winter 2026 Drill Program at the Nova Discovery, Dorado JV ProjectTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3218/292343_a7443168646b1b49_002full.jpgAbout the Dorado Project
The Dorado Project is the flagship asset of the Purepoint and IsoEnergy 50/50 joint venture, encompassing more than 98,000 hectares of highly prospective uranium exploration ground in the eastern Athabasca Basin. The Project sits within one of the most prolific uranium districts on earth, surrounded by world-class deposits including IsoEnergy's Hurricane — the world's highest-grade indicated uranium resource. Underlain by the same fertile graphitic lithologies and fault structures that control high-grade uranium mineralization across the eastern Basin, Dorado hosts multiple untested conductors beyond the Nova Discovery, each representing a significant exploration opportunity. Shallow unconformity depths across the property allow for efficient drilling and rapid follow-up, positioning Purepoint to move quickly as the Nova Discovery continues to grow.Qualified Person Statement
The scientific and technical information contained in this news release relating to Purepoint was reviewed and approved by Scott Frostad BSc, MASc, P.Geo., Purepoint's Vice President, Exploration, who is a "Qualified Person" (as defined in NI 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")).About Purepoint
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) is a uranium exploration company operating at the heart of the Athabasca Basin — the world's premier high-grade uranium district. Purepoint actively operates exploration programs on behalf of joint venture partnerships with three of the world's leading uranium companies: Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd. This unique position alongside established uranium producers and developers reflects the quality of Purepoint's project portfolio and the calibre of its technical team. Purepoint operates the Dorado Project under a 50/50 joint venture with IsoEnergy Ltd., where the Nova Discovery returned confirmed assays of up to 8.1% U3O8 and a mineralized corridor now extends to one kilometre.The Company also operates the Hook Lake and Smart Lake projects under joint venture with Cameco Corporation and Orano Canada Inc. Purepoint's wholly owned property portfolio includes additional exploration-stage uranium assets in the Athabasca Basin region. Additionally, Purepoint holds a promising VMS project optioned to and strategically positioned adjacent to Foran Mining Corporation's McIlvenna Bay project.For more information, please contact:Purepoint Uranium Group Inc.
Chris Frostad, President & CEO
Phone: (416) 603-8368
Email: cfrostad@purepoint.caNeither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.Cautionary Statement Regarding Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". This forward-looking information may relate to additional planned exploration activities, including the timing thereof and the anticipated results thereof; and any other activities, events or developments that the companies expect or anticipate will or may occur in the future.Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Such assumptions include, but are not limited to, that planned exploration activities are completed as anticipated; the anticipated costs of planned exploration activities, the price of uranium; that general business and economic conditions will not change in a materially adverse manner; that financing will be available if and when needed and on reasonable terms; and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Joint Venture's planned activities will be available on reasonable terms and in a timely manner. Although each of IsoEnergy and Purepoint have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Such statements represent the current views of IsoEnergy and Purepoint with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by IsoEnergy and Purepoint, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include but are not limited to the following: the inability of the Joint Venture to complete the exploration activities as currently contemplated; ; uncertainty of additional financing; no known mineral resources or reserves; aboriginal title and consultation issues; reliance on key management and other personnel; actual results of technical work programs and technical and economic assessments being different than anticipated; regulatory determinations and delays; stock market conditions generally; demand, supply and pricing for uranium; and general economic and political conditions. Other factors which could materially affect such forward-looking information are described in the risk factors in each of IsoEnergy's and Purepoint's most recent annual management's discussion and analyses or annual information forms and IsoEnergy's and Purepoint's other filings with the Canadian securities regulators which are available, respectively, on each company's profile on SEDAR+ at www.sedarplus.ca. IsoEnergy and Purepoint do not undertake to update any forward-looking information, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292343
Original: Purepoint Uranium Reports 73,100 CPS Peak within 17,700 CPS Average over 1.8 Metres at Nova Discovery
CA Market News
3月前
Upcoming Meeting Dates - March 23, 2026March 23, 2026 12:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 23, 2026) - The following is a list of Upcoming Meeting Dates announced this week for Reporting Issuers in Canada. The data is supplied by Issuing Companies through the service of CDS Clearing and Depository Services Inc.CompanyRecord DateMeeting DateType Aecon Group Inc April 9, 2026June 1, 2026AG Argyle Resources Corp. April 7, 2026May 12, 2026AS B2Gold Corp. *April 13, 2026June 4, 2026AGS Ballard Power Systems Inc. April 6, 2026June 3, 2026A Big Rock Brewery Inc. April 10, 2026May 20, 2026A Black Pearl Resources Corp. March 18, 2026April 9, 2026S CATHEDRA BITCOIN INC. March 25, 2026May 15, 2026S COSCIENS Biopharma Inc. %March 3, 2026April 7, 2026S CULT Food Science Corp. %February 19, 2026April 6, 2026AS Cambria Gold Mines Inc April 10, 2026May 27, 2026AGS Canso Select OpportunitiesCorpApril 7, 2026May 26, 2026A CareRx Corporation April 8, 2026May 28, 2026AG Cascades Inc. March 25, 2026May 8, 2026AG AGF China Focus Class April 2, 2026May 14, 2026S Centaurus Energy Inc. April 10, 2026May 25, 2026A Cloud3 Ventures Inc. *March 4, 2026April 16, 2026S DATA Communications ManagementApril 6, 2026May 21, 2026AGS DiagnosTear Technologies Inc. *March 16, 2026May 7, 2026A Dream Impact Trust April 10, 2026June 3, 2026AG Dream Industrial REIT April 10, 2026June 3, 2026AS Dream Office REIT April 10, 2026June 3, 2026AG Dream Unlimited Corp. April 10, 2026June 3, 2026AG Endeavour Silver Corp April 10, 2026June 2, 2026AG Euromax Resources Ltd April 15, 2026May 22, 2026AG Everybody Loves Languages Corp*January 27, 2026March 26, 2026AGS NCM Core international April 2, 2026May 15, 2026S Canadian Net REIT April 6, 2026May 26, 2026A GRANDE PORTAGE RESOURECES INC April 10, 2026May 15, 2026A Gold Strike Resources Inc. March 24, 2026April 30, 2026S Granite REIT April 9, 2026June 4, 2026A MTY Food Group Inc April 7, 2026May 20, 2026AG Highwood Asset Management Ltd.April 6, 2026May 21, 2026AS INTL Tower Hill Mines Ltd April 8, 2026May 27, 2026AG KITS Eyecare Ltd. April 16, 2026June 3, 2026AG Kaymus Resources Inc. April 10, 2026May 22, 2026AGS LI-FT POWER LTD April 7, 2026May 15, 2026A Dorel Industries Inc. April 7, 2026May 20, 2026AG LunR Royalties Corp. April 7, 2026May 21, 2026AGS Luxxfolio Holdings Inc. April 7, 2026May 12, 2026A MARIMED INC. April 10, 2026June 4, 2026A Mercer Park Opportunities Corp*February 27, 2026April 14, 2026S MineHub Technologies Inc. April 10, 2026May 25, 2026A Morien Resources Corp April 8, 2026May 13, 2026AGS Norse Gold Corp April 7, 2026May 13, 2026AS Northland Power Inc. April 6, 2026May 20, 2026AG Osisko Metals Incorporated April 7, 2026May 28, 2026A P2 Gold Inc. April 9, 2026May 27, 2026AS Parkit Enterprise Inc. April 8, 2026May 21, 2026AGS Perpetua Resources Corp. April 8, 2026June 4, 2026AG PesoRama Inc. April 6, 2026May 7, 2026AS Petrus Resources Ltd. April 6, 2026May 21, 2026A Pinetree Capital Ltd. April 8, 2026May 28, 2026A NCM Global Eq Balanced PortfolioApril 2, 2026May 15, 2026S NCM Global Inc Bal Portfolio April 2, 2026May 15, 2026S Profound Medical Corp. April 2, 2026May 13, 2026AGS Purepoint Uranium Group Inc. April 15, 2026June 4, 2026AS Rua Gold Inc. April 8, 2026May 28, 2026AGS SAVANNA CAPITAL CORP. April 13, 2026May 21, 2026AGS STLLR GOLD INC April 9, 2026May 27, 2026A Saturn Oil & Gas Inc. April 6, 2026May 21, 2026AS Seabridge Gold Inc. March 30, 2026May 22, 2026S Sierra Madre Gold and Silver Ltd.March 24, 2026April 28, 2026S Stampede Drilling Inc. April 7, 2026May 14, 2026A StorageVault Canada Inc. April 7, 2026May 21, 2026AG Swiss Water Decaffeinated CoffeeApril 13, 2026May 21, 2026AGS TSODILO RESOURCES LIMITED April 17, 2026May 29, 2026AG TerrAscend Corp. April 13, 2026June 9, 2026A The Westaim Corporation April 9, 2026May 19, 2026AGS Tidewater Midstream And InfrastructureApril 6, 2026May 26, 2026AG Tidewater Renewables Ltd. April 6, 2026May 26, 2026AG Tincorp Metals Inc. April 1, 2026May 5, 2026AS Trojan Gold Inc. April 6, 2026May 11, 2026AS Valory Resources Inc. April 13, 2026June 2, 2026AG Ventripoint Diagnostics Ltd April 8, 2026May 27, 2026AS Vireo Growth Inc. April 7, 2026May 29, 2026AS Vox Royalty Corp. April 10, 2026May 27, 2026AS Legend:* = Change in Previously Reported Information
% = Cancelled Meeting
@ = Adjourned MeetingType of MeetingA = Annual Meeting
S = Special Meeting
G = General Meeting
B = Bondholder Meeting
C = Court Meeting For more information, please visit https://www.cds.ca/ To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289185
Original: Upcoming Meeting Dates - March 23, 2026
MWM
15年前
Purepoint Uranium Group Inc.: Rio Tinto Options Purepoint's Red Willow Project
December 21 2010 - Purepoint Uranium Group Inc. ("Purepoint") (TSX:PTU.V) is pleased to announce that they have entered into a definitive option agreement with Rio Tinto Exploration Canada Inc. allowing Rio to earn a controlling interest in Purepoint's Red Willow Project by spending up to $22.5 million in exploration and development expenses. Rio Tinto Exploration Canada Inc. is a wholly owned subsidiary of RioTinto, the world's third largest producer of uranium.
"Recent increases in nuclear power projections have put significant pressure on major uranium producers to explore for large, high value mineral deposits" said Chris Frostad, Purepoint's President and CEO. "We are excited that Rio has confirmed that level of potential in Purepoint's Red Willow project and chosen it as their entry point to the Athabasca Basin".
Highlights:
Rio is currently finalizing plans for a drill program on the property during the first quarter of 2011
Rio may earn a 51% undivided interest in the project by incurring $5 million in expenditures by December 31, 2015;
Rio may earn an additional 19% undivided interest by incurring an additional $7.5 million by December 31, 2018;
Rio may earn an additional 10% undivided interest by incurring an additional $10 million by December 31, 2021;
Red Willow
The Red Willow property consists of nine claims on the eastern edge of the Athabasca Basin. The Athabasca sandstone is shallow and the depth to unconformity varies from 0 to 80 metres. The basement rocks are composed of intensely deformed and metamorphosed sedimentary, volcanic and plutonic rocks trending NE to SW. Five major uranium deposits are located along a NE to SW mine trend that extends through the Red Willow Project. To date only five of Red Willow's 21 delineated target zones have been subject to first pass drilling.
The Red Willow property adjoins AREVA Resource Canada Inc.'s claim group that contains the JEB, Sue, McClean and Caribou deposits to the west and, to the south adjoins UEX's Hidden Bay property that surrounds Cameco Corporation's Rabbit Lake, Collins Bay and Eagle Point deposits.
About Rio Tinto
Rio Tinto is a leading international mining group whose business is finding, mining and processing the Earth's mineral resources. The Group's interests are diverse both in geography and product. Rio Tinto's activities span the world but are strongly represented in Australia and North America and have significant businesses in South America, Asia, Europe and southern Africa. Businesses include open pit and underground mines, mills, refineries and smelters as well as a number of research and service facilities.
The Group combines Rio Tinto plc, which is listed on the London Stock Exchange, and headquartered in London, and Rio Tinto Limited, which is listed on the Australian Securities Exchange and has executive offices in Melbourne. The Group consists of wholly and partly owned subsidiaries, jointly controlled assets, jointly controlled entities and associated companies.
About Purepoint
Purepoint Uranium Group Inc. is focused on the precision exploration on its eleven projects in the Canadian Athabasca Basin. The company proudly maintains project partnerships with the three largest uranium producers in the world, Cameco Corporation, AREVA and Rio Tinto. Established in the Basin well before the resurgence in uranium, Purepoint is actively advancing this large portfolio of multiple drill targets in the world's richest uranium region.
Scott Frostad BSc, MASc, PGeo, Purepoint's Vice President, Exploration, is the Qualified Person responsible for technical content of this release.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information please contact:
Purepoint Uranium Group Inc.
Chris Frostad, President and CEO
(416) 603-8368
www.purepoint.ca