Northwire Canada EditionWednesday, October 21, 2026
Northwire
⌕
GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.62 +0.6% OIL 97.82 −0.7% PALLADIUM 1104.00 −1.7% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4% GOLD 4142.60 −0.4% SILVER 58.15 +1.5% COPPER 6.62 +0.6% OIL 97.82 −0.7% PALLADIUM 1104.00 −1.7% DSV 11.23 −1.1% PMET 3.23 +1.2% GAL 0.390 −1.9% EVI 0.480 −2.0% SF 0.365 −2.7% EPL 0.175 +0.0% TORQ 0.055 +0.0% LMG 0.390 −2.5% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.150 +25.0% NXS 0.150 +0.0% ETG 2.69 −11.2% EMNT 0.355 +1.4% PPM 0.120 −20.0% CERT 2.35 −0.4%
Drill Results Routine +

Purepoint Applies Integrated 3D Modelling to Advance Uranium Targeting and Deploys Expanded MobileMT Program at Dorado

Purepoint Uranium Advances Dorado Targeting with Geophysical Upgrade Ahead of June Campaign

Executive Summary
  • Purepoint Uranium Group completed an integrated geophysical program using airborne MobileMT surveys and advanced 3D structural modelling across three Athabasca Basin projects (Celeste East, Russell South, Tabbernor).
  • The new framework improves identification and ranking of subsurface structures likely to host uranium mineralization.
  • Expanded geophysical surveys are scheduled to commence at the Dorado and Henday Lake projects later in April 2026.
  • Surveys support an upcoming June 2026 drill campaign at Dorado, focusing on structural settings around the Nova Discovery.
  • Russell South project saw MobileMT technology resolve basement structures previously obscured by shallow subsurface conductive layers.
  • Tabbernor project interpretation allows prioritization of specific conductive corridors for follow-up exploration.
Material Impact
  • The news is incremental operational progress following the April 14, 2026 drilling results which showed high radioactivity (73,100 CPS peak).
  • It confirms management is executing on the previously announced January 2026 winter drill program plan and preparing for summer drilling.
  • No new mineralization or assay grades are disclosed in this release; it focuses on targeting methodology refinement.
  • The market likely anticipated this geophysical work as part of the standard exploration cycle following successful drilling.
  • Impact is positive but expected, reinforcing confidence in the June campaign rather than creating a new valuation driver immediately.
PTU · Price
Company Overview
  • Company: Purepoint Uranium Group Inc., focused on uranium exploration in the Athabasca Basin, Saskatchewan.
  • Flagship Project: Dorado Joint Venture (50/50 with IsoEnergy Ltd.).
  • Nova Discovery: High-grade uranium discovery within the Dorado JV, returning assays up to 8.1% U3O8 over 0.4m in September 2025 and high radioactivity peaks (73,100 CPS) in April 2026.
  • Other Projects: Tabbernor (100% owned), Russell South (100% owned), Celeste East (50/50 JV with IsoEnergy), Smart Lake JV, Henday Lake.
  • Location: Athabasca Basin, Saskatchewan, Canada, a world-class uranium district hosting major deposits like Cigar Lake and McArthur River.
Read the original news release →

More from Purepoint Uranium Group Inc.