Purepoint Uranium Group Inc.

Purepoint Uranium Group Inc. actively operates an exploration pipeline of advanced projects in Canada’s Athabasca Basin, the world’s richest uranium region.

Recent News

Purepoint Refines High-Priority Targets and Prepares for Drilling at Smart Lake JV Project

Toronto, Ontario--(Newsfile Corp. - February 14, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce that recent ground electromagnetic (EM) surveys at the Smart Lake Joint Venture (JV) project have refined high-priority drill targets along the Groomes Lake Conductor with drilling scheduled to begin in mid-March. Smart Lake is a joint venture between Cameco Corporation (73%) and Purepoint (27%) in the Southwest Athabasca Basin,...

2025-02-14 6:30 AM EST

Purepoint Announces Results of Foran-Funded Airborne Survey at Denare West, on Trend with McIlvenna Bay Project

Toronto, Ontario--(Newsfile Corp. - February 3, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today announced the completion of an airborne electromagnetic survey across the Denare West Volcanogenic Massive Sulphide (VMS) project, approximately 9 kilometres southeast of Foran's McIlvenna Bay Cu-Zn-Au deposit, in the Hanson Lake area of eastern Saskatchewan. Foran Mining Corp. is the operator of the Denare West project under a 2023 Option...

2025-02-03 6:30 AM EST

IsoEnergy and Purepoint Announce 2025 Plans for Joint Venture

Toronto, Ontario--(Newsfile Corp. - January 23, 2025) - IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") are pleased to announce the commencement of their 2025 exploration program, supported by a $5,000,000 budget for the newly formed 50/50 joint venture ("Joint Venture"). The Joint Venture spans over 98,000 hectares and consolidates 10 high-valued uranium projects into three distinctive areas in Saskatchewan's...

2025-01-23 7:00 AM EST

Purepoint Uranium Project Update

Toronto, Ontario--(Newsfile Corp. - January 20, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to provide a brief update on the progress of its exploration activities across its portfolio of projects in Canada's Athabasca Basin. The exploration update is intended to keep stakeholders informed of ongoing work and upcoming plans as we advance our strategic initiatives.Smart Lake Joint Venture (Cameco/Purepoint)A transient...

2025-01-20 6:30 AM EST

IsoEnergy Exercises Put Option to Strengthen Partnership with Purepoint

Toronto, Ontario--(Newsfile Corp. - January 15, 2025) - IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") are pleased to announce that IsoEnergy has exercised its put option ("Put Option") under the terms of their joint venture (the "Joint Venture"), as announced in a press release dated December 19, 2024. With this strengthened partnership, both companies are now strategically positioned to collaboratively advance...

2025-01-15 6:30 AM EST

Purepoint Uranium Group Inc. Closes $1,000,000 Private Placement and Engages Red Cloud for Liquidity Services

Toronto, Ontario--(Newsfile Corp. - December 24, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the closing of its non-brokered private placement (the "Private Placement"). In connection with the closing, the Company issued 2,857,157 flow-through units ("Flow-Through Units") at a price of $0.35 per unit for aggregate gross proceeds of $1,000,004.95. Each Flow-Through Unit consists of one common share in the capital of the Company...

2024-12-24 2:44 PM EST

IsoEnergy and Purepoint Uranium Complete Joint Venture

Toronto, Ontario--(Newsfile Corp. - December 19, 2024) - IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") are pleased to announce the successful implementation of their previously announced joint venture (the "Joint Venture") (see press release dated October 22, 2024), consolidating 10 uranium projects spanning over 98,000 hectares in the eastern Athabasca Basin, Saskatchewan (Figure 1). This strategic...

2024-12-19 6:30 AM EST

Purepoint Uranium Identifies New Exploration Targets at Russell South with Recent Airborne Geophysical Results

Toronto, Ontario--(Newsfile Corp. - November 28, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to report the identification of eight high-priority exploration targets following the completion of two advanced airborne geophysical surveys at its 100% owned Russell South project, located in the Athabasca Basin, SK, Canada. The new exploration targets have been refined to focus on conductive areas associated with potential hydrothermal...

2024-11-28 6:30 AM EST

Purepoint Uranium and Cameco Approve 2025 Drill Program for Smart Lake Joint Venture

Toronto, Ontario--(Newsfile Corp. - November 26, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce the approval of a $1.2 million drilling program at the Smart Lake Joint Venture (JV) Project, marking a significant return to this highly prospective project within the southwestern Athabasca Basin, Saskatchewan, Canada.The Smart Lake JV, jointly owned by Cameco Corporation (73%) and Purepoint (27%), exemplifies Purepoint's...

2024-11-26 6:30 AM EST

Purepoint Uranium Group Inc. Closes $2,200,000 Private Placement

Toronto, Ontario--(Newsfile Corp. - November 25, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the closing of its previously announced non-brokered private placement (the "Private Placement"). In connection with the closing, the Company issued 7,333,331 units ("Units") at a price of $0.30 per unit for aggregate gross proceeds of $2,200,000. Each Unit consists of one common share in the capital of the Company (a "Common Share")...

2024-11-25 6:30 AM EST

Purepoint Uranium Increases Private Placement to $2,200,000

Toronto, Ontario--(Newsfile Corp. - November 19, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced that it has increased the offering size of the non-brokered private placement, previously reported on October 22, 2024, from $2,000,000 to $2,200,000 (the "Offering") to accommodate strategic new shareholders. The Company also announced that, effective tomorrow (November 20, 2024), its common shares will be consolidated on a 10:1 basis....

2024-11-19 6:30 AM EST

IsoEnergy and Purepoint Uranium Form Joint Venture Covering Over 98,000 Hectares in the Eastern Athabasca Basin

Toronto, Ontario--(Newsfile Corp. - October 22, 2024) - IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") are pleased to announce that they have entered into a contribution agreement in connection with the creation of a joint venture (the "Joint Venture") for the exploration and development of a portfolio of uranium properties in northern Saskatchewan's Athabasca Basin. Both companies will contribute assets from...

2024-10-22 12:03 PM EDT

Purepoint Uranium Provides Exploration Update on Geophysical Programs at Russell South, Tabbernor, and Smart Lake Projects

Toronto, Ontario--(Newsfile Corp. - July 9, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce the completion of two geophysical programs at its Russell South project, the commencement of a new geophysical survey at the Tabbernor project, and the rescheduled survey at the Smart Lake joint venture project. Additionally, Purepoint has released an updated Portfolio Handbook, now available on the Company's newly launched...

2024-07-09 6:30 AM EDT

Purepoint Uranium Redefines Turnor Lake Project with Latest Technology and Advanced Data Integration

Toronto, Ontario--(Newsfile Corp. - June 25, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today announced significant exploration advancements at its Turnor Lake project, located in the prolific Athabasca Basin of Northern Saskatchewan. After nearly 15 years since the last major drilling campaign, Turnor Lake is being revitalized with a completely fresh geological and geophysical outlook, positioning it as a potential host for the next major...

2024-06-25 8:14 AM EDT

Purepoint Uranium Redefines Turnor Lake Project with Latest Technology and Advanced Data Integration

Toronto, Ontario--(Newsfile Corp. - June 25, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today announced significant exploration advancements at its Turnor Lake project, located in the prolific Athabasca Basin of Northern Saskatchewan. After nearly 15 years since the last major drilling campaign, Turnor Lake is being revitalized with a completely fresh geological and geophysical outlook, positioning it as a potential host for the next major...

2024-06-25 6:30 AM EDT

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

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.)...

2024-04-29 6:30 AM EDT

Purepoint Uranium Discovers New Lightning Zone Grading 0.29% U3O8 over 0.9 Metres as It Completes 2024 Winter Drill Program at Hook Lake Joint Venture

Toronto, Ontario--(Newsfile Corp. - April 4, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the completion of its winter drill program at the Hook Lake Joint Venture at the Carter Corridor. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) and lies on trend with high-grade uranium discoveries including Fission Uranium's Triple R Deposit and NexGen's Arrow...

2024-04-04 6:30 AM EDT

Purepoint Uranium Initiates Airborne Magnetotellurics at Russell South and Outlines Upcoming Announcements

Toronto, Ontario--(Newsfile Corp. - March 21, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today initiated an airborne Mobile Magnetotellurics ("MobileMT") survey, including total field magnetic and VLF, at their Russell South Uranium Project which lies on the south-eastern edge of the Athabasca Basin, Saskatchewan Canada."Russell South is 20 kms east-northeast of Cameco's Key Lake mine and adjoins prominent uranium projects including Rio...

2024-03-21 6:30 AM EDT

Purepoint Uranium Starts Hook Lake Drill Program

Toronto, Ontario--(Newsfile Corp. - February 7, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today drilling has commenced at the Hook Lake Project. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%). The Project lies on the southwestern edge of Canada's Athabasca Basin and is adjacent to, and on trend with, high-grade uranium discoveries including Fission...

2024-02-07 6:30 AM EST

Purepoint Uranium Outlines 2024 Exploration Plans

Toronto, Ontario--(Newsfile Corp. - January 23, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today its exploration plans for 2024 with field programs at its two joint ventures and four of its 100% owned projects. All six projects reside in Canada's Athabasca Basin, the world's richest uranium district."The recent news of production shortfalls out of Kazakhstan has highlighted the long-term challenges in the nuclear fuel pipeline and...

2024-01-23 6:30 AM EST

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