Toronto, Ontario, August 31, 2021 – Purepoint Uranium Group Inc. today provided the final assay results from its 2021 drill programs at the 100%-owned Red Willow and Umfreville projects, both located within the eastern uranium mine district of the Athabasca Basin, Saskatchewan, Canada. The 2021 Red Willow drill program conducted follow-up testing of the Osprey Zone and Geneva Shear while the 2021 Umfreville drill program tested a strong gravity low response coincident with a uranium-in-soil anomaly.
“Our Spring drill season tested three independent targets across our Red Willow and Umfreville projects and we’re pleased to report that uranium intercepts returned from both these projects necessitate follow-up drilling.” said Scott Frostad, VP Exploration at Purepoint.
“The most surprising results came from Purepoint’s inaugural drilling of a gravity low response at Umfreville where 0.04% U3O8 was returned over 0.8 metres from granitic gneiss and pelitic gneiss basement rocks.” said Frostad. “The precipitation of secondary uranium in the basement rocks appears to explain the source of the uranium-in-soil anomalies and suggests a significant mineralization event in the vicinity. Our next obvious drill targets at Umfreville are towards the east where strong north-south trending structures, interpreted from the airborne magnetics, crosscut our gravity low response”.
Highlights:
- Umfreville diamond drill hole UMF21-01 returned 3.1 metres of anomalous uranium (0.013% U3O8) including 0.8 metres at 0.04% U3O8
- Red Willow’s Geneva shear returned 0.012% U3O8 over 5.5 metres and an additional 0.06% U3O8 over 0.4 metres from drill hole GEN21-05.
- Next step targets are now being developed and prioritized for follow up
- Initial drilling at Purepoint’s Henday Lake Project is scheduled for early Fall
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