Purepoint Uranium Group Inc. Reports Significant Drilling Success at Dorado JV
July 23, 2025 — Purepoint Uranium Group Inc., a uranium exploration company specializing in the Canadian Athabasca Basin, has reported significant drilling results from its 50/50 joint venture project with IsoEnergy Ltd. The project, known as Dorado, is located in Saskatchewan’s renowned Athabasca Basin.
The latest drilling results have extended the high-grade mineralization at the Dorado project. Drill hole PG25-07A, which stepped out approximately 70 meters north, revealed strong uranium mineralization. The drill results showed an average of 11,100 counts per second (CPS) over 14.0 meters, with a peak reading of 110,800 CPS.
This discovery further defines the mineralized trend at the Q48 target, identified as a steeply dipping, uranium-bearing structure hosted in the basement rock. The results are consistent with the Nova Discovery, which continues to expand the mineralized trend at the site.
The joint venture partners, IsoEnergy Ltd. (NYSE American: ISOU, TSX: ISO) and Purepoint Uranium Group Inc. (TSXV: PTU, OTC: PTUUF), have expressed optimism about the continued potential for further discoveries at the Dorado project. The strong drilling results underscore the project’s potential and highlight the strategic importance of the Athabasca Basin for uranium exploration.
As of July 21, 2025, Purepoint Uranium Group Inc. had a close price of CAD 0.45, with a 52-week high of CAD 0.49 and a low of CAD 0.18. The company’s market capitalization stands at CAD 31,682,482. The company is listed on the TSX Venture Exchange and operates within the Oil, Gas & Consumable Fuels sector of the energy industry.
These developments have been widely covered by financial news outlets, including Bay Street, Minenportal, Investing.com, OTC Markets, Finanzen.net, and Stocktitan.net, highlighting the significance of the findings for the uranium market and the potential impact on Purepoint’s future prospects.