Located approximately 18 km west-northwest of Hook Lake Project and 60 km south-southwest of Orano's former Cluff Lake Mine, the project is a joint-venture with Cameco Corporation (73)% and Purepoint Uranium (27%) as operator.
Located within the Patterson Uranium District, on trend with Fission's Triple R deposit and NexGen's Arrow deposit, the Hook Lake is a project owned jointly by Cameco Corporation (39.5%), Orano Canada Inc. (39.5%) and Purepoint Uranium (21%) as operator.
Eastern Athabasca Basin projects
Positioned Along Well-Established Mine Corridors on Trend with Major Discoveries
Positioned along the renowned Larocque conductive corridor (the “Larocque Trend”), home to IsoEnergy’s Hurricane Deposit, the Dorado Project is a 50-50% Joint Venture with IsoEnergy that consolidated Turnor Lake, Geiger, Edge and most of Full Moon into a single high-priority exploration initiative to unlock the potential of the Larocque Trend.
Located eastern of the Dorado Project, the Aurora Project is a 50-50% Joint Venture with IsoEnergy that consolidated part of Full Moon, Red Willow, and Collins Bay Extension, presenting significant near-surface uranium potential in proximity to McClean Lake mine, and Rabbit Lake mine and mill.
The Celeste Block Project is a 50-50% Joint Venture with IsoEnergy and incorporated Thorburn, North Thorburn, Madison and 2Z properties, which cover portions of conductor trends east of the Cigar Lake Mine and southwest of the Rabbit Lake and McClean Lake mines.
The 100% owned Tabbernor Project was staked based on interpreted north-south lineaments linking the Key Lake and Millennium deposits, the Midwest and West Bear deposits, the Jeb and Raven deposits, and the Collins Bay and Eagle Point deposits.
The 100% owned Russell South Project is located south-central edge of the Athabasca Basin within a favourable geologic area, relatively shallow drill targets, adjoining Cameco's Key Lake project and the Moore Lake Project, owned by Skyharbour Resources.
The 100% Henday Project is located in the eastern margin of the Athabasca Basin, the property is on trend with Orano's Midwest Lake deposit, west of UEC's Roughrider deposit and completely surrounded by the Waterbury property held by Denison & Korea Waterbury Uranium Limited Partnership.
The 100% owned Tower Project is located within the Tabbernor Fault System that hosts over 80 historic mines and gold occurrences and cross cuts the Basin;s mine trend aligning itself with 8 of the Basin's largest uranium discoveries.
The Denare West Project is a VMS project currently optioned to and strategically positioned adjacent to and on trend with Foran Mining Corporation’s McIlvena Bay project.
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) is a focused explorer with a dynamic portfolio of advanced projects within the renowned Athabasca Basin in Canada.
The most prospective projects are actively operated on behalf of partnerships with industry leaders including Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd. Additionally, the Company holds a promising VHMS project currently optioned to and strategically positioned adjacent to and on trend with Foran Mining Corporation’s McIlvenna Bay project.
Through a robust and proactive exploration strategy, Purepoint is solidifying its position as a leading explorer in one of the globe’s most significant uranium districts.