Purepoint Uranium Group Inc. Launches Strategic Drill Program at Turnor Lake Project Targeting the La Rocque Structural Corridor

In This Article:

Toronto, Ontario--(Newsfile Corp. - April 29, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company"), an established and active explorer in Canada's Athabasca Basin, today announced the initiation of a comprehensive drill program at their 100%-owned Turnor Lake Project, specifically targeting the prolific La Rocque Structural Corridor.

The La Rocque Structural Corridor, known for hosting the notable high-grade Hurricane Uranium Deposit (IsoEnergy Ltd.) and the La Rocque Lake Zone (Cameco Corp.), spans a promising 7-kilometre strike length within the northern portion of the Turnor Lake project. Scott Frostad, VP of Exploration, highlighted, "Our focused approach this season aims to thoroughly explore priority targets along this key geological feature with the goal of uncovering substantial uranium mineralization akin to neighboring high-grade finds."

Project Highlights:

  • Drilling Scope: Approximately 5,000 metres of helicopter-supported diamond drilling over 12 to 15 strategically placed holes.

  • Strategic Timing: Mobilization of drill and crew is underway, with drilling activities scheduled to commence later this week.

  • Detailed Project Insights: Further information on the Turnor Lake project can be accessed in the Company's 2023 Portfolio Handbook, available at https://purepoint.ca/investor/portfolio-handbook/.

Figure 1 - Turnor Lake Project Map

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About the Turnor Lake Project:
Occupying 9,705 hectares on the eastern side of the Athabasca Basin, the Turnor Lake Project is uniquely positioned across two major structural/conductive corridors, the LaRocque and Klaproth, that are both known for hosting significant uranium mineralization.

Noteworthy past findings along the LaRocque Corridor include Cameco's drill hole KER-17, which intersected 0.09% U3O8 over 0.5 metres at the unconformity within sooty pyrite near the project's western claim line-a geologic setting analogous to the nearby Hurricane uranium mineralization. Additionally, Denison Mines' drill hole RL13-16, located 10 km west of Turnor Lake along the La Rocque Corridor, encountered 2.3 metres at 0.45% U3O8, further exemplifying the corridor's rich uranium potential. The drill-ready LaRocque and Klaproth corridors which underscore the project's significant exploration prospects have been corroborated by extensive airborne and ground geophysical surveys that have also delineated other notable EM conductors across the property.