Strategically Posiyioned in a Proven Uranium District
About Henday Lake
The Henday Lake Project is a 1,029-hectare, 100%-owned uranium exploration project located along the eastern margin of Saskatchewan’s Athabasca Basin, immediately south of Purepoint’s Dorado Project.
The property is completely surrounded by the Waterbury property and is positioned approximately 9 kilometres northwest of Orano’s Midwest Lake deposit, 10 kilometres west of UEC’s Roughrider deposit, and approximately 10 kilometres west of Denison’s Huskie deposit.
Despite its location within a highly prospective uranium district, Henday Lake remains lightly explored, with only one historical drill hole known to have tested the property.
Why Henday Lake Matters
1. Immediately south of the Dorado Project, extending Purepoint's exploration exposure within the eastern Athabasca Basin
2. 1,029 hectares of 100%-owned exploration ground
3. Located between established uranium deposits and discoveries
4. Only one known historical drill hole
5. Graphitic faulting confirmed by historical drilling
6. Favourable politic basement geology
7. Relatively shallow basement depths of less than 350 metres locally
GEOLOGICAL SETTING
Henday Lake lies within the Mudjatik-Wollaston Tectonic Zone, a major northeast-trending structural corridor along the eastern margin of the Athabasca Basin.
Historical drilling intersected a steeply dipping, strongly graphitic fault zone near the bottom of the hole, while magnetic data suggests the property is underlain by pelitic basement rocks commonly associated with Athabasca Basin uranium systems.
The combination of favourable basement geology, graphitic structure and proximity to established uranium deposits provides a strong geological basis for continued exploration.
EXPLORATION POTENTIAL
With only limited historical drilling completed, Henday Lake remains substantially underexplored relative to surrounding areas.
Future exploration can apply modern geophysics and structural interpretation to better define conductive and structural targets before additional drilling.
Its strategic location, favourable geological setting and 100% ownership provide Purepoint with a focused opportunity for discovery within an established uranium district.
