Latest news with #PurepointUranium
Globe and Mail
08-07-2025
- Business
- Globe and Mail
New Drill Results Spark Investor Excitement in Saskatchewan Uranium Play
Two uranium companies made headlines this morning with a joint release announcing a new uranium discovery. Following the news, at least one of the companies has seen a significant increase in its share price today. IsoEnergy Ltd. (NYSE American: ISOU) (TSX: ISO) and Purepoint Uranium Group Inc. (TSX-Venture: PTU) (OTC: PTUUF) stated in a press release this morning that their first drilling at the Dorado project in Saskatchewan is off to a great start. They found uranium in two drill holes with very high radiation readings, suggesting there's an active source of uranium in the rocks underground. Highlights of the drill program stated initial drilling at the Q48 target in the southern part of the Project had confirmed significant uranium mineralization, with drillholes PG25-04 and PG25-05 intersecting a steeply dipping, north-south trending mineralized structure at depths of 60 m and 20 m below the unconformity, respectively. Downhole probe measurements recorded high radioactivity readings—averaging 11,050 cps over 3.7 m in PG25-04 and 27,750 cps over 2.3 m in PG25-05. The mineralization is hosted in strongly clay-altered basement rocks, typical of Athabasca-style uranium systems. Q48 had been identified as a high-priority target due to historic drilling and 2022 mapping of faults and alteration along the conductive trend. A third hole is underway to extend the mineralized structure northeast, with 5,400 m in 18 drill holes planned for the Project in 2025. "This is exactly the kind of start we were aiming for. These early results suggest we're on the trail of something meaningful." said Chris Frostad, President and CEO at Purepoint. "These initial hits speak to the quality of the target and the systematic approach our team is taking to uncover its potential. We're moving quickly to follow up on these encouraging results as drilling continues." While shares of ISO are down 2.41% at $9.31, their partner's stock is surging, with PTU up 24.53% at $0.33 and U.S.-listed shares (PTUUF) up 27.76% at $0.243 in early-afternoon trading. Copyright © 2025 All rights reserved. Republication or redistribution of content is expressly prohibited without the prior written consent of shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
Yahoo
31-05-2025
- Business
- Yahoo
RETRANSMISSION: BTV Features Top Mining Stocks: Purepoint Uranium, Viridian Metals, Prime Mining, Patriot Battery Metals, Mayfair Gold, & Westport Fuels
Please note: It is important not to misrepresent by stating BNN Bloomberg is featuring your company. BTV is featuring your company on the BNN Bloomberg Channel. Watch on BNN BloombergWednesday, May 7 at 7:30 PM ESTSaturday, May 10 at 8:00 PM EST Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Tune into BTV and: Discover Investment Opportunities. BTV-Business Television features seven standout resource companies making major moves across North America and beyond: Purepoint Uranium (TSXV: PTU) (OTCQB: PTUUF)A veteran explorer in Canada's Athabasca Basin, Purepoint Uranium has built a leading exploration portfolio with six joint ventures supported by industry giants like Cameco and Orano. Their strategy of collaborative partnerships enables aggressive drilling while minimizing shareholder dilution. Viridian Metals (CSE: VRDN)Viridian is targeting major copper discoveries in Newfoundland and Labrador. With support from BHP, the company is exploring two high-potential assets, including a native copper-rich basin and one of the most advanced targets outside Voisey's Bay. Prime Mining Corp. (TSXV: PRYM) (OTCQX: PRMNF)Focused on expanding its gold-silver resource in Mexico, Prime is preparing a Preliminary Economic Assessment backed by extensive metallurgical testing. With 3 million ounces in gold-equivalent resources and community-rooted operations, Prime is poised for a defining year. Patriot Battery Metals (TSX: PMET) (OTCQX: PMETF)Patriot's hard rock lithium project-one of the largest in the Americas-is attracting global interest, including a key investment and offtake agreement with Volkswagen. With lithium, tantalum, and cesium in hand, the company is shaping North America's clean energy supply chain. Mayfair Gold (TSXV: MFG) (OTCQX: MFGCF)Mayfair Gold is developing a low-risk, fast-to-market gold operation in Ontario, with a unique strategy to self-finance expansion using early cash flow. Positioned below federal permitting thresholds, it's set to capitalize on the current gold cycle. Westport Fuel Systems (NASDAQ: WPRT)With over 30 years of innovation, Westport is delivering fuel-agnostic engine solutions including hydrogen and natural gas. Through its high-pressure joint venture and over 1,400 patents, Westport is helping long-haul transportation transition toward cleaner fuel alternatives. About BTV - Business Television: On air for 25+ years, BTV - Business Television, a half-hour investment TV show, delivers up-and-coming companies and investment opportunities. With Hosts, Taylor Thoen and Jessica Katrichak, BTV features stock market analysts, experts and on location interviews with emerging company executives. TV BROADCAST NETWORKS and TIMES: CANADA:Airing on BNN Bloomberg! Wednesday, May 7 @ 7:30pm ET Saturday, May 10 @ 8:00pm ET US National TV: Biz Television Network - Sun, May 18 @ 1:00pm ET Mon May 19 @ 8:30am ET Tues, May 20 @ 8:30pm & 11:30PM EST Suggest a Company to Feature! Contact: (604) 664-7401 x3 info@ To receive BTV news, subscribe. To view the source version of this press release, please visit Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
