Purepoint Reports Winter 2026 Assays from Dorado JV's Nova Target
Purepoint Reports Winter 2026 Assays from
Dorado JV's Nova Target
Toronto, Ontario--(Newsfile Corp. - September 10, 2026) -
Purepoint Uranium Group Inc. (TSXV:
PTU) (OTCQB: PTUUF) ("Purepoint")
today reported assay results from the 2026 winter drill program
at the Nova Target on the 50/50 Dorado Joint Venture ("Dorado" or the "Project") with IsoEnergy Ltd.
Hole NV26-05 returned 1.65% U
₃
O
₈
over 0.3 metres from 390.4 metres at the unconformity. The nine-
hole winter program intersected uranium mineralization in multiple holes across the Nova
electromagnetic (EM) conductor and provided additional geologic and structural control for continued
targeting. The summer drill program has now been completed, with results to be compiled and reported
shortly.
"The winter 2026 program has materially improved our understanding of the Nova mineralization
system," said Chris Frostad, President & CEO of Purepoint Uranium. "The drilling produced additional
uranium intercepts along the Nova EM conductor, while providing the structural and geological data
needed to better constrain its geometry and interpret. Our improved understanding of geologic controls
and geophysical responses has provided us with increasingly specific drill targets as exploration
advances."
Highlights
NV26-05 returned 1.65% U
₃
O
₈
over 0.3 metres from 390.4 metres.
NV26-03A returned 0.04% U
₃
O
₈
over 3.9 metres from 412.6 metres, including 0.10% U
₃
O
₈
over
0.4 metres, together with 0.79% U
₃
O
₈
over 0.4 metres from 418.2 metres.
Nine winter holes improved the geological and structural interpretation of Nova.
The 2026 summer drill program is complete with results to be reported shortly.
2026 Dorado Winter Drill Program Update
The 2026 winter program comprised nine drill holes designed to test the geological and structural
controls associated with uranium mineralization at Nova and to refine the geometry of the conductor for
subsequent exploration.
The strongest assay result was returned from NV26-05, where a 0.3-metre interval from 390.4 to 390.7
metres assayed 1.65% U
₃
O
₈
. The interval recorded an average downhole gamma response of 61,070
cps over 0.3 m.
Hole NV26-03A intersected a broader mineralized interval grading 0.04% U
₃
O
₈
over 3.9 metres from
412.6 to 416.5 metres, including 0.10% U
₃
O
₈
over 0.4 metres from 415.1 to 415.5 metres. A separate
interval from 418.2 to 418.6 metres returned 0.79% U
₃
O
₈
over 0.4 metres and an average gamma
response of 37,050 cps.
Additional uranium mineralization (Table 1) was returned from NV26-01, NV26-02, NV26-04, NV26-
06A, NV26-07, NV26-08 and NV26-09A, confirming mineralization at multiple locations across the Nova
target.
The winter drilling has refined Purepoint's interpretation of the Nova EM conductor, and the associated
geophysical responses, that will be utilized for ongoing exploration drilling.
Location Map of 2026 Winter Drill Program at the Nova Discovery, Dorado JV Project
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3218/313761_992aac349407d935_002full.jpg
Table 1. Dorado 2026 Winter Drill Results
Target Area
Hole ID
From (m)
To (m)
Length (m)
U ppm
% U3O8
Avg. cps
Max. cps
Nova
NV26-01
467.5
468.4
0.9
118
0.01
2,130
3,380
NV26-02
423.9
424.3
0.4
389
0.05
8,860
18,940
NV26-03A
412.6
416.5
3.9
327
0.04
2,810
11,330
Includes
415.1
415.5
0.4
859
0.10
6,440
-
418.2
418.6
0.4
6,730
0.79
37,050
55,130
NV26-04
429.5
429.8
0.3
233
0.03
800
920
464.7
465.0
0.3
435
0.05
695
910
474.2
474.5
0.3
199
0.02
1,830
2,430
NV26-05
370.4
370.7
0.3
141
0.02
690
860
390.4
390.7
0.3
14,000
1.65
61,070
73,070
396.0
396.3
0.3
247
0.03
8,880
12,790
NV26-06A
499.7
499.9
0.2
114
0.01
470
500
NV26-07
337.1
337.5
0.4
137
0.02
940
1,130
NV26-08
386.1
386.9
0.8
110
0.01
1,100
1,210
NV26-09A
469.4
470.8
1.4
552
0.07
440
1,150
473.4
473.7
0.3
105
0.01
1,210
1,550
Table 2. Dorado 2026 Winter Drill Hole Statistics
Target Area
Hole
NAD83 - UTM Zone 13
Azimuth
Dip
Depth
Easting
Northing
(degrees)
(degrees)
(m)
Nova
NV26-01
548917
6475947
311
-60
560
NV26-02
548917
6475947
292
-61
525
NV26-03A
548855
6475873
311
-62
518
NV26-04
548981
6476023
311
-60
590
Nv26-05
548809
6475821
311
-60
596
NV26-06A
549355
6476574
311
-60
608
NV26-07
549160
6476466
311
-60
512
NV26-08
548777
6475783
311
-60
605
NV26-09A
548777
6475783
320
-67
596
About the Dorado Project
The Dorado Project is located along the eastern margin of Saskatchewan's Athabasca Basin in
Canada. The property covers prospective structural corridors considered favourable for unconformity-
related uranium mineralization and is operated by Purepoint under a 50/50 joint venture with IsoEnergy
Ltd.
Dorado hosts the Nova Discovery, where previous drilling returned assays of up to 8.1% U3O8 over 0.4
metres within 1.62% U3O8 over 2.1 metres. Uranium mineralization has been identified along a
prospective structural corridor extending approximately one kilometre and is associated with intense
alteration, structural disruption and graphitic basement rocks.
Exploration at Dorado is focused on improving the understanding of the geometry and continuity of the
Nova mineralized system while evaluating additional priority targets across the property.
Gamma Logging
A Mount Sopris 2PGA-1000 downhole total gamma probe was utilized for radiometric surveying and
reported counts per second.
Qualified Person
The technical information contained in this news release has been reviewed and approved by Scott
Frostad, P.Geo., Vice President, Exploration of Purepoint Uranium Group Inc., who is a Qualified Person
as defined by National Instrument 43-101.
About Purepoint
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) is a uranium exploration company
operating at the heart of the Athabasca Basin — the world's premier high-grade uranium district.
Purepoint actively operates exploration programs on behalf of joint venture partnerships with three of the
world's leading uranium companies: Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd.
Purepoint's strategy of advancing projects through partnerships with leading uranium companies allows
the Company to leverage technical expertise and partner funding while maintaining meaningful exposure
to discovery success.
Purepoint operates the Dorado Project under a 50/50 joint venture with IsoEnergy Ltd., where the Nova
Discovery returned confirmed assays of up to 8.1% U
₃
O
₈
and a mineralized corridor now extends to one
kilometre. The Company also operates the Aurora and Celeste Blocks with IsoEnergy and the Hook
Lake and Smart Lake projects under joint venture with Cameco Corporation and Orano Canada Inc.
Purepoint's wholly owned property portfolio includes additional exploration-stage uranium assets in the
Athabasca Basin region. Additionally, Purepoint holds a promising VMS project optioned to and
strategically positioned adjacent to Eldorado Gold's McIlvenna Bay project.
For more information, please contact:
Purepoint Uranium Group Inc.
Chris Frostad, President & CEO
Phone: (416) 603-8368
Email:
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
Exchange) accepts responsibility for the adequacy or accuracy of this Press release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation. Generally, forward-looking information can be identified by the use of forward-
looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases or state that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "occur" or "be achieved". This forward-looking information may relate
to additional planned exploration activities, including the timing thereof and the anticipated results
thereof; and any other activities, events or developments that the companies expect or anticipate will or
may occur in the future.
Forward-looking statements are necessarily based upon a number of assumptions that, while
considered reasonable by management at the time, are inherently subject to business, market and
economic risks, uncertainties and contingencies that may cause actual results, performance or
achievements to be materially different from those expressed or implied by forward-looking statements.
Such assumptions include, but are not limited to, that planned exploration activities are completed as
anticipated; the anticipated costs of planned exploration activities, the price of uranium; that general
business and economic conditions will not change in a materially adverse manner; that financing will be
available if and when needed and on reasonable terms; and that third party contractors, equipment and
supplies and governmental and other approvals required to conduct the Joint Venture's planned
activities will be available on reasonable terms and in a timely manner. Although IsoEnergy and
Purepoint have attempted to identify important factors that could cause actual results to differ materially
from those contained in forward-looking information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance that such information will prove to
be accurate, as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking information.
Such statements represent the current views of IsoEnergy and Purepoint with respect to future events
and are necessarily based upon a number of assumptions and estimates that, while considered
reasonable by IsoEnergy and Purepoint, are inherently subject to significant business, economic,
competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include
but are not limited to the following: the inability of the Joint Venture to complete the exploration activities
as currently contemplated; uncertainty of additional financing; no known mineral resources or reserves;
aboriginal title and consultation issues; reliance on key management and other personnel; actual results
of technical work programs and technical and economic assessments being different than anticipated;
regulatory determinations and delays; stock market conditions generally; demand, supply and pricing for
uranium; and general economic and political conditions. Other factors which could materially affect such
forward-looking information are described in the risk factors in each of IsoEnergy's and Purepoint's most
recent annual management's discussion and analyses or annual information forms and IsoEnergy's and
Purepoint's other filings with the Canadian securities regulators which are available, respectively, on
each company's profile on SEDAR+ at
www.sedarplus.ca
. IsoEnergy and Purepoint do not undertake to
update any forward-looking information, except in accordance with applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/313761