Purepoint Uranium Group: aggressive drill plans this winter.Purepoint Uranium Group (TSX-V:PTU PTU abbr. propylthiouracil PTU propylthiouracil. propylthiouracil (PTU) Propyl-Thyracil (CA) Pharmacologic class: Thioamide derivative Therapeutic class: ) has announced one of the largest drill programs to be carried out by a junior exploration company in the Athabasca Basin The Athabasca Basin is a region of Northern Saskatchewan and Alberta Canada that is best known as the world's leading source of uranium. It currently supplies about 30% of the world's uranium. The basin is located just to the south of Lake Athabasca. this winter. "The new geophysical discoveries at Purepoint's Turnor Lake project have prompted us to significantly expand our drilling this coming season," said John Steele, chief geophysicist and exploration manager, Purepoint Uranium Group Inc. "We are currently analyzing three geophysical surveys performed at our Red Willow Noun 1. red willow - Eurasian osier having reddish or purple twigs and bark rich in tannin basket willow, purple osier, purple willow, Salix purpurea, red osier Project and are hopeful that they will also provide similar opportunities." Purepoint's Red Willow project adjoins Cogema's claim group that contains the JEB JEB Journal of Experimental Biology JEB James Ewell Brown (Stuart, Confederate general) JEB John Ellis Bush JEB Java-Enabled Browser JEB Janssen Engineering Building (University of Idaho) , Sue and McClean deposits to the west and, to the south, adjoins Cameco's claim group that contains the Rabbit Lake Rabbit Lake can refer to:
Purepoint is currently planning a 9,000- to 10,000-metre drill program on its Turnor Lake and Red Willow Projects during the 2005-2006 winter season. In addition, detailed ground geophysical surveys will be performed on targets at Purepoint's McEwen, Umfreville and South Newnham properties in preparation for drilling the following year. "Being established in the Basin since 2002, before the resurgence in uranium, has enabled us to be at the forefront of drilling in the region," said Chris Frostad, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Purepoint Uranium Group Inc. "This early entry into the region, combined with our approach of leveraging existing knowledge has proven to be highly economical, reducing the historic cost of discovery." A more detailed discussion of Purepoint properties can be found on the Purepoint Web site at www.purepoint.ca. Purepoint Uranium Corporation is a uranium exploration company driven by intellectual, precision prospecting focusing on distinct, targeted properties with historic significance in the Canadian Athabasca Basin. Currently, Purepoint's seven, 100-per-cent-owned, Athabasca Basin uranium projects cover nearly 120,000 hectares and are considered high prospect properties that include several near term targets drill ready for winter 2005/06. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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