Purepoint Uranium Provides Exploration Update on Geophysical Programs at Russell South, Tabbernor, and Smart Lake Projects
Purepoint Uranium Provides Exploration Update on Geophysical Programs at Russell South, Tabbernor, and Smart Lake Projects
Toronto, Ontario--(Newsfile Corp. - July 9, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce the completion of two geophysical programs at its Russell South project, the commencement of a new geophysical survey at the Tabbernor project, and the rescheduled survey at the Smart Lake joint venture project. Additionally, Purepoint has released an updated Portfolio Handbook, now available on the Company's newly launched website.
安大略省多伦多-(新闻发布公司-2024年7月9日)- Purepoint铀集团公司(TSXV:PTU)(OTCQB:PTUUF)(“Purepoint”或“公司”)很高兴宣布已完成其Russell South项目的两个地球物理项目,开始在Tabbernor项目进行新的地球物理勘测,并重新安排了对Smart Lake合资项目的调查。此外,Purepoint已发布更新的投资组合手册,现在可在公司新推出的网站上使用。
"Our team has made significant strides in advancing our exploration efforts at both Russell South and Tabbernor," said Chris Frostad, President and CEO of Purepoint. "We are particularly excited about the upcoming completion of the Smart Lake survey, which will set the stage for our winter drilling program."
"我们的团队在Russell South和Tabbernor的勘探工作方面取得了显著进展,"Purepoint的总裁兼首席执行官Chris Frostad说道。"我们对即将完成的Smart Lake勘测感到特别兴奋,这将为我们的冬季钻探计划奠定基础。"
Key Highlights
主要亮点
Russell South Project: Completion of two advanced geophysical surveys: a VTEM plus survey conducted by Geotech Ltd. and a MobileMT survey by Expert Geophysics Ltd. Final interpretations and products are pending.
Tabbernor Project: Commencement of an airborne gravity gradiometer, gravity, and magnetic survey by Xcalibur covering 7,549 line-km, focusing on mapping the extensive fault system.
Smart Lake Project: Rescheduled geophysical survey to be completed before year-end by Discovery Geophysics which will include Stepwise Moving Loop (SWML) and Fixed Loop Electromagnetics (FLEM) to map the Groomes Lake conductor and identify drill targets.
Russell South项目:完成了两个先进的地球物理勘测:由Geotech Ltd.进行的VTEm加勘测和由Expert Geophysics Ltd.进行的MobileMt勘测。最终的解释和产品正在等待中。
Tabbernor项目:Xcalibur进行了空载重梯度仪引力和磁控勘测,覆盖了7549条线路公里,重点是绘制广泛的断层系统地图。
Smart Lake 项目:Discovery Geophysics 在年底前重新安排地球物理勘测,该勘测将采用阶梯式磁场普通探测仪(SWML)和固定环电法(FLEM)技术,对 Groomes Lake 导体进行测绘,并确定钻探目标。
Scope of Work
工作范围
The Russell South project recently saw the completion of two significant geophysical surveys aimed at refining our understanding of subsurface geology and identifying high-priority drill targets. Geotech Ltd. conducted a VTEM plus (Versatile Time Domain Electromagnetic) survey, which is renowned for its deep penetration and high-resolution capabilities. The VTEM plus results have been complemented by a MobileMT (Mobile Magnetotellurics) survey carried out by Expert Geophysics Limited. The final interpretations and products from these surveys are pending and are anticipated to significantly enhance our drill targeting.
Russell South项目最近完成了两项重要的地球物理勘测,旨在精细化我们对地下地质的理解和确定高优先级的钻探目标。Geotech Ltd.进行了VTEm加(多功能时域电磁)勘测,以其深远渗透和高分辨率能力而闻名。 VTEm加的结果已由Expert Geophysics Limited进行了MobileMt(移动磁电)勘测。这些调查的最终解释和产品正在等待中,预计将显著提高我们的钻探目标。
Purepoint has commenced a comprehensive airborne gravity gradiometer, gravity, and magnetic survey at the Tabbernor project, conducted by Xcalibur Smart Mapping. This extensive survey spans 7,549 line-km and targets the expansive Tabbernor Fault System, a crucial structural zone known for its proximity to mineral deposits. The survey aims to provide high-resolution data to better define drill targets and understand the complex geological structures within the project area.
Purepoint已经开始了一项全面的Xcalibur智能映射引力梯度仪、引力和磁控调查。这项广泛的调查跨越7549线路公里,将重点放在Tabbernor Fault System上,这是一个至关重要的结构区域,因其靠近矿物沉积物而闻名。该调查旨在提供高分辨率的数据,以更好地定义钻探目标,并了解项目区域内复杂的地质构造。
The Smart Lake geophysical survey, initially postponed due to adverse weather conditions, is now scheduled to be completed before the end of the year. Discovery Geophysics will carry out the survey, focusing on the Groomes Lake conductor. The survey includes Stepwise Moving Loop (SWML) and Fixed Loop Electromagnetics (FLEM) techniques, which are designed to map the subsurface conductivity and identify potential drill targets. The results of this survey will be instrumental in developing a detailed drill plan for the upcoming winter season.
由于不良天气条件,Smart Lake 地球物理勘测最初被推迟,现已安排在年底前完成。Discovery Geophysics 将进行该勘测,重点关注 Groomes Lake 导体。该勘测包括阶梯式磁场普通探测仪(SWML)和固定环电法(FLEM)技术,旨在测绘地下电导率并确定潜在的钻探目标。此次勘测结果将对制定即将到来的冬季季节的详细钻探计划有重要作用。
About Russell South Project
关于Russell South项目
The 100% owned Russell Lake Project is located near the south-central edge of the Athabasca Basin covering an area of 13,320 hectares.
100%拥有的Russell Lake项目位于Athabasca盆地的南部边缘附近,占地13,320公顷。
Four target areas have now been identified at the project. The three eastern targets are based on the recent results from the airborne geophysical surveys. The target zones are coincident airborne gravity low and magnetic low responses, interpreted as favourable rock types and/or alteration zones, that are proximal to north-northwest trending structures. The western Treleaven target area hosts historic coincident geochemical anomalies possibly related to a dilational zone lying between the interpreted north-south faults.
该项目现已确定了四个目标区域。东部的三个目标区域是基于空中地球物理勘测的最新结果确定的。目标区域与北北西走向的构造物相邻,这些区域具有重力低和磁性低响应,被解释为有利的岩石类型和/或蚀变带。西部的Treleaven目标区域具有历史上巧合的地球化学异常,可能与解释的南北断层之间的膨胀带相关。
The Russell Lake project is approximately 20 km ENE of the Key Lake Mine that produced over 200 million pounds of uranium at a grade averaging 2.3% U3O8 between 1983 and 1997. In addition, the project adjoins the Moore Lake Project owned by SkyHarbour Resources Ltd. with their high-grade Maverick Zone and Rio Tinto's Russell Lake Project to the west and south.
Russell Lake项目位于Key Lake Mine的东北部约20km处,该矿在1983年至1997年期间生产了超过20000万磅的铀,平均品位为2.3%U3O8。此外,该项目与SkyHarbour Resources Ltd拥有的Moore Lake项目紧邻,其具有高品位的Maverick Zone,与力拓的Russell Lake项目相连。
About Tabbernor Project
关于Tabbernor项目
The 100% owned Tabbernor Project was originally staked along three major trends of the Tabbernor Fault System, a deep seated, 1,500-kilometre crustal shear system that runs north through the Athabasca Basin. The system not only hosts over 80 historic mines and gold occurrences but also crosscuts the Basin's mine trend aligning itself with 8 of the Basin's largest uranium discoveries.
100%拥有的Tabbernor项目最初沿着Tabbernor Fault System的三个主要趋势发现,这是一个深入的、1500公里的地壳剪切系统,穿过Athabasca盆地向北延伸。该系统不仅拥有80多个历史矿山和金矿点,而且还在盆地的矿山趋势上切割,与盆地最大的八个铀矿发现相结合。
The Tabbernor Project consists of 34 claims that total 79,463 hectares. The original block of three north-south claim groups (23 claims) that covered Tabbernor structures have now been joined by an additional 11 claims that cover a strong east-northeast trending corridor of conductive rocks and favorable geological structures, making it a prime target for uranium exploration and future drilling campaigns.
Tabbernor 项目由 34 个索赔组成,总面积为 79,463 公顷。原始的三个南北索赔组(23 个索赔)现已被另外的 11 个索赔所覆盖,这些索赔合并后将覆盖一个东北向走向的具有良好地质构造和电性岩石的走廊,成为铀探勘和未来钻井的理想目标。
About Smart Lake Project
关于Smart Lake项目
Purepoint, as operator, holds a 27% ownership of the Smart Lake project in joint venture with Cameco Corp.
Cameco Corp.与Purepoint以合资公司的形式持有Smart Lake项目27%的所有权。
The Smart Lake property includes two claims with a total area of 9,860 hectares situated in the southwestern portion of the Athabasca Basin, approximately 60 km south of the former Cluff Lake mine and 18 km west-northwest of Purepoint's Hook Lake JV Project.
Smart Lake物业包括两个要求,总面积为9,860公顷,位于Athabasca Basin的西南部,距离前Cluff Lake矿约60km,距离Purepoint的Hook Lake JV Project 18公里向西北。
Depth to the unconformity, where it occurs, is relatively shallow at less than 350 metres.
发生地洼不足350米。
Aeromagnetic and electromagnetic patterns at Smart Lake reflect an extension of the patterns underlying the Shea Creek deposits (Indicated resource of 68M lbs at 1.50% U3O8; UEC PR Jan 2023) 55 km north of the property. Exploration by Purepoint has firmly established the presence of anomalous uranium and hydrothermal alteration. Numerous priority target areas, where EM conductors are cross-cut by east-west structures, are yet to be drill tested.
Smart Lake的空磁和电磁模式反映出该物业以北55公里Shea Creek矿床下方模式的延伸。Purepoint的勘探工作已经确立了铀异常和热液蚀变的存在。仍有许多优先目标区域尚未进行钻探,这些区域的电磁传导体被东西向构造物切割。
Updated Portfolio Handbook
更新后的投资组合手册
Purepoint is pleased to announce the release of its updated Portfolio Handbook, providing detailed information on all its projects. This handbook is an essential resource for investors and stakeholders and is available for download on the Company's website at: /.
Purepoint很高兴宣布发布最新的投资组合手册,该手册提供了所有项目的详细信息。这本手册是投资者和利益相关者的重要资源,并可在公司网站上下载:/。
About Purepoint Uranium Group Inc.:
关于Purepoint Uranium集团公司:
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) is a focused explorer with a dynamic portfolio of nine advanced projects within the renowned Athabasca Basin in Canada. Key projects include the flagship Hook Lake joint venture with industry leaders Cameco and Orano, and the Smart Lake joint venture solely with Cameco.
Purepoint Uranium集团公司(TSXV: PTU)(OTCQB: PTUUF)是一家专注于加拿大著名的Athabasca盆地内的九个先进项目的勘探者。关键项目包括和Cameco以及Orano的旗舰Hook Lake合资企业,以及仅和Cameco的Smart Lake合资企业。
Beyond these partnerships, Purepoint proudly manages seven wholly-owned projects, each featuring established uranium targets. Additionally, the Company holds a promising VHMS project currently optioned to and strategically positioned adjacent to and on trend with Foran Corporation's McIlvena Bay project. Through a robust and proactive exploration strategy, Purepoint is solidifying its position as a leading explorer in one of the globe's most significant uranium districts.
除这些合作伙伴外,Purepoint自豪地管理着七个完全拥有的项目,每个项目都具有既定的铀目标。此外,该公司还持有一个有前途的VHMS项目,目前已将其让渡给并位于和Foran Corporation的McIlvena Bay项目相邻和趋势的战略位置。通过强有力和积极的勘探策略,Purepoint正在巩固其在全球最重要的铀区之一的领先勘探者的地位。
Scott Frostad BSc, MASc, P.Geo., Purepoint's Vice President, Exploration, is the Qualified Person responsible for technical content of this release.
Scott Frostad BSc,MASc,P.Geo.,是Purepoint的勘探副总裁,负责本公告的技术内容。
For more information, please contact:
更多信息,请联系:
Chris Frostad, President & CEO
Phone: (416) 603-8368
Email: cfrostad@purepoint.ca
Chris Frostad,总裁兼首席执行官
电话:(416) 603-8368
电子邮件:cfrostad@purepoint.ca
For additional information please visit our new website at , our Twitter feed: @PurepointU3O8 or our LinkedIn page @Purepoint-Uranium.
欲了解更多信息,请访问我们的新网站,或关注我们的Twitter feed: @PurepointU3O8,或关注我们的LinkedIn页面@Purepoint-Uranium。
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.
本次新闻发布中的所有数据和信息均为发表日期的截至日期数据,不对信息准确性做出保证。本次交易所及其监管服务提供商(如该术语在交易所的政策中定义)对本新闻发布的充足性或准确性不承担责任。
Disclosure regarding forward-looking statements
有关前瞻性声明的披露
This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.
本新闻发布包含 projections 和前瞻性信息,这些信息涉及未来事件的各种风险和不确定性。此类前瞻性信息可能包括但不限于基于涉及众多风险和不确定性的当前预期之声明,并不保证公司未来业绩。这些风险和不确定性可能导致实际结果和公司计划和目标与前瞻性信息表达的不同。实际结果和未来事件可能与此类信息预期的不同。所有这些书面和口头前瞻性信息均基于管理层在其发布之日之估计和意见,并均受到本通知的明确限制。