Purepoint Uranium (TSE:PTU) has released an update.
Purepoint Uranium Group Inc. has successfully concluded its 2024 winter drill program at the Hook Lake Joint Venture, discovering a new zone with promising uranium mineralization, highlighted by an intersection of 0.29% U3O8 over 0.9 meters. The exploration effort, part of a collaboration with Cameco Corporation and Orano Canada Inc., confirms the potential of the 20-kilometer Carter Corridor for significant uranium deposits, with all drill holes showing elevated radioactivity.
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