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 alteration and favorable structures, bolstering the project’s potential for significant uranium discovery.
Scott Frostad, Vice President of Exploration at Purepoint noted “The airborne geophysical results have refined our existing targets and highlighted new prospective areas, thereby enhancing the project’s potential for hosting uranium mineralization. Russell South is favourably situated along the Athabasca Basin’s southeast edge, and we’ve scheduled an airborne tri-axial magnetic survey this Spring to better locate primary structures within our priority target areas for drill testing.”
Key Highlights
- Comprehensive interpretation of two advanced airborne surveys:
- A VTEM Plus survey by Geotech Ltd., providing detailed electromagnetic data
- A MobileMT survey by Expert Geophysics Ltd., renowned for its deep penetration capabilities.
- Identification of eight high-priority target areas centering on conductive zones, possibly indicative of clay or hydrothermal alteration, and strong cross-cutting structural features.
- Refinement of the original Akal and Amber targets into four smaller, more focused target zones based on detailed data analysis.
- Addition of two new exploration target areas resulting from the interpreted geophysical results.
- The edge of the Athabasca Sandstone formation lies along the southeast corner of the project, with magnetic lows in the northwest indicating prospective Wollaston Group metasediments.
Next Steps
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