URANIUM: Purepoint extends Spitfire zone at Hook Lake

SASKATCHEWAN – Toronto-based Purepoint Uranium Group has expanded the Spitfire zone at Hook Lake in the Athabasca Basin thanks to hole HK16-37 that returned downhole probe results of 9.2% U₃O₈ over 0.6 metres within a 10.1 metre section that returned 0.67% U₃O₈. Purepoint is the operator and 21% owner of the Hook Lake project. The remainder of the project is equally owned by Areva Resources Canada and Cameco Corp. The latest high grade uranium intercept is situated only 255 metres below surface and represents a 130 metre up-dip step out from last year's hole HK15-27. Follow-up drilling is being aided by acoustic Televiewer data used to visualize, orientate and measure true strike and dip of borehole structural features in situ. The Televiewer data is being collected and processed by DGI Geoscience. Purepoint also acknowledged Areva for providing structural interpretation and quality control of the Spitfire Televiewer data. Further information and maps of Hook Lake are posted at Purepoint.ca.