Purepoint Uranium Provides Overview and Plans at Turnor Lake Project
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Purepoint or the
Company ) today provided an update on its 100%-owned Turnor Lake project in the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. Initial focus will be on the Serin conductor which lies adjacent to and on trend with IsoEnergy Ltd. s Hurricane Zone (38.8% U3O8 over 7.5m) along the La Rocque Uranium Corridor.
Our Turnor Lake project hosts a complex geological setting associated with numerous, nearby high-grade uranium discoveries said Chris Frostad, Purepoint s President and CEO. The considerable geophysical work and first pass drilling carried out to date by Purepoint has prepared Turnor Lake for immediate drilling.
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Valor Resources boosts funds through A$270,000 option conversion as airborne survey completes at Hook Lake Uranium Project
Data from the survey will assist with the preparation of a follow-up ground-based program to identify new targets. Permit applications are in progress for the upcoming ground-based work following up on historical data
Valor Resources Ltd (ASX:VAL) (FRA:LFY) (OTCMKTS:VOYRF) has received a boost in funds following the early exercise of 60 million unlisted options at A$0.0045 to raise A$270,000 coinciding with the completion of an airborne survey at the Hook Lake Uranium Project in northern Saskatchewan, Canada.
The company will utilise the funds from the exercise of 60 million unlisted options expiring February 11, 2024, to further its Peru and Canadian projects and for working capital purposes.