- Purepoint Uranium (PTU) commenced an airborne gravity/magnetic survey over their 100 per cent owned Carson Lake Uranium Project in Saskatchewan
- The current airborne gravity survey results will help further define north-south trending structures and geologic contacts interpreted from prior magnetic survey results
- Results and interpretations should be complete by early July
- Purepoint Uranium is a resource company which engages in the acquisition, exploration, and development of properties to produce uranium
- Purepoint Uranium Group Inc. (PTU) remains unchanged, trading at C$0.07 per share as of 1:55 pm ET
Purepoint Uranium (PTU) has begun an airborne gravity/magnetic survey over their 100 per cent owned Carson Lake Uranium Project in Saskatchewan.
The project covers the northeast extension of a major conductive trend also present on Purepoint’s Red Willow project. The current airborne gravity survey results will help further define north-south trending structures and geologic contacts interpreted from prior magnetic survey results.
Interpreted structures that crosscut the conductive trend are considered prospective exploration target areas as structural complexity may have developed and trapped uranium-rich fluids.
Highlights
- Purepoint will conduct an airborne Gravity Gradiometer, Gravity and Magnetic Survey across the project
- The survey will cover 390 kilometres of flight at 100 metre spacings
- Results and interpretations should be complete by early July
The Carson Lake Project is located near the north-eastern edge of the Athabasca Basin. It covers an area of 4,972 hectares.
Purepoint Uranium is a resource company which engages in the acquisition, exploration, and development of properties to produce uranium. It actively operates an exploration pipeline of 12 advanced projects in Canada’s Athabasca Basin.
The group’s properties include Hook Lake, Red Willow, Turnor Lake, Henday Lake, and Umfreville Lake. With an aggressive exploration program underway on multiple projects, Purepoint is emerging as the preeminent uranium explorer in the world’s richest uranium district.
Purepoint Uranium Group Inc. (PTU) remains unchanged, trading at C$0.07 per share as of 1:55 pm ET.
