Northwire Canada EditionSunday, July 12, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
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 →

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