Purepoint Uranium Starts Its Summer Drill Program at Dorado
Purepoint Uranium Group (PTU.V) on Wednesday said it started drilling at the Dorado project, the flagship asset of Purepoint's 50/50 joint venture with IsoEnergy (ISO.TO, ISOU), located in Saskatchewan's Athabasca Basin.Seven drill holes totaling about 3,150 meters are planned through July and August. Summer drilling is targeting expansion of the high-grade Nova Discovery, where previous drilling returned assays of up to 8.1% U3O8 and defined a one-kilometer structural corridor hosting radioactivity that remains open along strike, at depth and toward the unconformity, it said.Summer drilling will test the interpreted plunge of the Nova mineralized structure and include step-outs toward the unconformity, while also evaluating additional high-priority conductive targets across the broader Dorado land package, the company said. Winter drilling confirmed a peak downhole gamma reading of 73,100 CPS.Shares of the company were last seen unchanged at $0.35 on the TSX Venture Exchange.
