Purepoint Uranium ( (TSE:PTU) ) has shared an update.
Purepoint Uranium Group Inc. has initiated a first-pass drill program at the Smart Lake Joint Venture project in Saskatchewan’s Athabasca Basin, targeting the high-priority Groomes Lake Conductive Corridor. The program, conducted in partnership with Cameco Corporation, aims to test the conductive belt of rocks refined by a 2024 electromagnetic survey, with the potential to significantly advance Smart Lake’s exploration story. This strategic move aligns with Purepoint’s efforts to leverage its strong partnerships and capitalize on the strengthening uranium market, positioning the company for potential new discoveries.
More about Purepoint Uranium
Purepoint Uranium Group Inc. is a focused explorer with a dynamic portfolio of advanced projects within the renowned Athabasca Basin in Canada. The company actively operates its most prospective projects in partnerships with industry leaders such as Cameco Corporation, Orano Canada Inc., and IsoEnergy Ltd.
YTD Price Performance: 2.17%
Average Trading Volume: 37,280
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$15.1M
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