URANIUM: Purepoint brings fresh look to Smart Lake JV

By Canadian Mining Journal / June 25, 2019 / www.canadianminingjournal.com / Article Link

Location map of Purepoint's western Athabasca projects. (Image: Purepoint Uranium)

SASKATCHEWAN - Toronto-based Purepoint Uranium Group is preparing for the restart of exploration at the Smart Lake joint venture in the southwest portion of the Athabasca Basin. This is a partnership of Purepoint (27%) and Cameco Corp. (73%)Purepoint has been active at the Hook Lake project and the Patterson Lake corridor. Now it is planning to take its increased understanding of the western Athabasca geological setting and revisit Smart Lake.The drill core from the original drill campaigns at Smart Lake is to be re-examined and re-logged by a team including members from both Purepoint and Cameco. Purepoint earlier conducted a soil geochemical survey and 2,539 metres of diamond drilling in 10 holes. The drilling intersected a hydrothermally altered, graphitic shear zone that included 13.3 metres of 127 ppm uranium only 200 metres below surface.More information is posted at www.Purepoint.ca.

Recent News

Major investment banks make major gold price upgrades

April 15, 2024 / www.canadianminingreport.com

Gold stocks near flat as equities dip

April 15, 2024 / www.canadianminingreport.com

Revenue estimates for gold stocks have remained relatively flat

April 08, 2024 / www.canadianminingreport.com

Gold stock valuations remain low even after price surge

April 08, 2024 / www.canadianminingreport.com

Gold stock to global money supply far from bubble territory

April 01, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok