Purepoint Uranium Group Inc. reported today that it has completed three additional NI 43-101 compliant technical reports on its 100% owned McArthur East, Henday and Umfreville projects in the eastern region of the Saskatchewan Athabasca Basin. Over the last few years they have continued to refine their understanding of these valuable projects. said Scott Frostad, Vice President Exploration for Purepoint. The exploration targets they have outlined to date hold direct geological relationships with the McArthur River and Roughrider deposits and they will advance them to the next stage of exploration. Highlights: - McArthur East is on trend (northeast) of Cameco McArthur River project and is situated due south of the Cigar Lake Mine. - Recent airborne surveys at McArthur East have provided new, clearly defined, electromagnetic conductors associated with an area of low magnetic response.
These prospective conductors, coupled with interpreted N-NE trending faults, are an ideal target for high-grade uranium mineralization. - On the Henday Block, Purepoint has identified structurally complex electromagnetic conductors on trend with the interpreted E-W alteration corridor hosting neighbouring Denison J-Zone and Rio Tinto Roughrider Deposits. - Originally covering 60,000 hectares, the Umfreville Project has been refined to the most prospective target areas using results from airborne gravity, magnetic and electromagnetic surveys. - Utilizing CAMIRO techniques (a three-year research study utilizing field samples collected from areas overlying the McClean Lake, Cigar Lake West and Dawn Lake uranium deposits), strong uranium anomalies have been identified at Umfreville that are coincident with gravity and magnetic lows.
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