Purepoint Uranium Group Inc: Hook Lake JV Partners Approve 2020 Exploration Budget

TORONTO, Nov. 12, 2019 /PRNewswire/ – Purepoint Uranium Group Inc. (the “Company” or “Purepoint“) (TSX: PTU.V) today announced its plans for the Hook Lake exploration program scheduled to commence this winter. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%) and Purepoint (21%) in the Patterson Uranium District, Saskatchewan Canada. The Hook Lake project lies on the southwestern edge of Saskatchewan’s Athabasca Basin and is adjacent to and on trend with recent high-grade uranium discoveries including Fission Uranium’s Triple R deposit and NexGen’s Arrow deposit.