Purepoint Uranium Group Inc. reports on uranium exploration programs across a portfolio of Athabasca Basin projects in Canada. Its recurring updates cover drilling, geophysical surveys, structural modelling, and target generation at projects such as Dorado, Nova, Celeste East, Russell South, and the 100%-owned Tabbernor Project.
Company news also includes joint venture activity with IsoEnergy, operated projects involving partners such as Cameco and Orano Canada, and corporate equity-incentive grants under its omnibus compensation plan. Additional updates reference a VHMS project optioned near Foran Corporation's McIlvenna Bay project.
Purepoint Uranium Group (PTUUF) reported radiometric results from its 2026 summer drill program at the 50/50 Dorado Joint Venture with IsoEnergy in Saskatchewan’s Athabasca Basin. First hole PG26-11 at the new Q24 target intersected 7.4 metres averaging 8,760 counts per second (cps) across the unconformity, including 0.5 metres averaging 38,710 cps, with a maximum downhole probe reading of 50,110 cps.
The main radioactive interval at Q24 occurs in strongly altered, structurally disrupted pelitic gneiss, with a second 6.2-metre interval averaging 1,010 cps below chalcopyrite veining. At the nearby Q23 target, hole PG26-10 returned several shorter intervals of elevated radioactivity up to 1,030 cps. The 2026 program completed 3,669 metres of drilling across Nova, Q23 and Q24, with multiple targets showing radioactivity. Laboratory assays from all summer holes remain pending and will guide 2027 exploration priorities.
Purepoint Uranium Group (PTUUF) reported assay results from its 2026 winter drill program at the Nova target on the 50/50 Dorado joint venture with IsoEnergy. The best interval came from hole NV26-05, which returned 1.65% U₃O₈ over 0.3 metres from 390.4 metres at the unconformity.
The nine-hole program intersected uranium mineralization in multiple holes across the Nova EM conductor and refined geological and structural interpretation for future targeting. Notable results include NV26-03A with 0.04% U₃O₈ over 3.9 metres from 412.6 metres, including 0.10% U₃O₈ over 0.4 metres, plus a separate 0.79% U₃O₈ over 0.4 metres from 418.2 metres. Additional mineralized intervals were returned from holes NV26-01, -02, -04, -06A, -07, -08 and -09A, confirming uranium at multiple locations along a mineralized corridor of approximately one kilometre at Nova.
Purepoint Uranium Group (OTCQB: PTUUF) reported phase-one results from its 2026 summer drill program at the Dorado Project in Saskatchewan’s Athabasca Basin, operated as a 50/50 joint venture with IsoEnergy. The final hole before a mid-program break, NV26-11 at the Nova Discovery, intersected 5.6 metres of continuous radioactivity from 337.9 to 343.5 metres, averaging 11,730 cps and peaking at 53,300 cps, as measured by a downhole gamma probe.
The interval includes 1.7 metres averaging 31,800 cps and a 1.1 metre higher-intensity core averaging 43,480 cps, representing the broadest continuous radioactive interval of the phase. Four holes (PG26-08, PG26-09, NV26-10B, NV26-11) were completed, testing both the Q23 and Nova target areas. According to Purepoint, these results enhance understanding of the continuity and orientation of the Nova mineralized system; detailed logging and sampling are underway, and laboratory uranium assays are pending. Previous Nova drilling returned assays up to 8.1% U3O8 over 0.4 metres within 1.62% U3O8 over 2.1 metres.
Purepoint Uranium (OTCQB: PTUUF) has begun its fully funded Summer 2026 drill program at the Dorado Project, a 50/50 joint venture with IsoEnergy in Saskatchewan’s Athabasca Basin.
The campaign will complete seven drill holes totaling about 3,150 metres, targeting expansion of the high-grade Nova uranium discovery and testing additional high-priority conductive targets across the broader Dorado land package. Previous work at Nova returned assays up to 8.1% U3O8, traced mineralization along a one‑kilometre structural corridor, and recorded a peak downhole gamma reading of 73,100 cps. Assays from the nine-hole winter program, which intersected radioactivity above 500 cps in all holes, remain pending.
Purepoint Uranium (OTCQB: PTUUF) completed airborne MobileMT surveys and integrated 3D structural modelling across Celeste East, Russell South and Tabbernor, improving subsurface interpretation and drill-target ranking. An expanded MobileMT program will begin at Dorado and Henday Lake ahead of a planned June 2026 drill campaign to refine targeting.
Purepoint Uranium (TSXV: PTU / OTCQB: PTUUF) approved the issuance of 2,000,000 restricted share units (RSUs) to its directors under its Omnibus Equity Incentive Compensation Plan on April 20, 2026. Each RSU converts to one common share upon vesting.
The RSUs vest one year from grant and expire on December 28, 2029.
Purepoint Uranium (OTCQB: PTUUF) reported winter 2026 drilling at the Nova Discovery (Dorado JV) extended mineralization along a one-kilometre strike and returned a program peak of 73,100 CPS. Six of nine holes showed radiometric uranium responses; assays from the program are pending and regional drilling is planned to resume in late June 2026.
Purepoint Uranium Group (OTCQB: PTUUF) has started a 2026 winter drilling program at the Dorado joint-venture with IsoEnergy to expand the high-grade Nova uranium discovery. The first phase plans up to 10 holes (≈4,300 metres) focused on 30–50 m step-outs along an interpreted, steeply dipping mineralized structure over an 800-metre strike between holes PG25-03 and PG25-07A. 2025 assays included grades up to 8.1% U3O8 over 0.4 m within 2.1 m of 1.6% U3O8. The structure remains open along strike and at depth. Later work includes airborne MT surveying and a helicopter-supported summer program.
Purepoint Uranium Group (OTCQB: PTUUF, TSXV: PTU) approved equity awards on January 5, 2026 under its Omnibus Equity Incentive Compensation Plan.
The board granted 1,223,600 restricted share units (RSUs) to directors and officers and 230,000 stock options to employees. Each option is exercisable for one common share at $0.47 and expires five years from the grant date. Options vest in three equal instalments: the first vests immediately, with remaining instalments on January 5, 2027 and January 5, 2028. RSUs vest one year from grant and expire on December 28, 2029; each RSU converts to one common share upon vesting.
Purepoint Uranium Group (OTCQB: PTUUF) and partner IsoEnergy approved an expanded 2026 exploration program at the Dorado Project to follow up the Nova discovery. Nova returned assays to 8.1% U3O8 over 0.4 m within 2.1 m of 1.6% U3O8 in hole PG25-07A and remains open in all directions. The approved program totals 17 holes, 7,450 metres: a winter 2026 Nova expansion of 10 holes (≈4,300 m) focused on 800 m corridor step-outs to the northeast, and a summer 2026 district campaign of 7 helicopter-supported holes (≈3,150 m) across priority grids. An airborne magnetotellurics survey is planned for late winter/spring. Winter access work includes 8 km of existing trail use and 10 km of new trail construction.