Purepoint Uranium Group Inc (TSX-V:PTU, OTCQX:PTUUF, FRA:P5X0) said a new drill hole at its Dorado joint venture project intersected strong radioactivity at the unconformity, a key geological marker for uranium deposits, at a newly identified target area called Q24.
Drill hole PG26-11 returned 7.4 metres averaging 8,760 counts per second (cps), including 0.5 metres averaging 38,710 cps, with a maximum downhole probe reading of 50,110 cps. The result came at Dorado, a 50/50 joint venture with IsoEnergy in Saskatchewan's Athabasca Basin.
The radioactive interval occurs within strongly clay-sericite-chlorite altered basement rocks, with chalcopyrite veining observed 3.3 metres farther downhole, evidence the company said points to hydrothermal activity.
Q24 is a separate target from the Nova and Q23 areas at Dorado, adding a new priority zone for follow-up drilling.
"The first hole at Q24 delivered exactly what we look for in this part of the Athabasca Basin; strong radioactivity at the unconformity, significant alteration, structural disruption and graphitic basement rocks," said Chris Frostad, CEO of Purepoint. "These geological features have guided uranium exploration in this district for decades and seeing them come together in the first hole at a new target area is really encouraging."
At the Q23 target, hole PG26-10 intersected several intervals of elevated radioactivity, including 0.8 metres averaging 1,000 cps from 292 to 292.8 metres, 1.2 metres averaging 1,030 cps from 339.5 to 340.7 metres, and 1.7 metres averaging 660 cps from 349.4 to 350.8 metres, along with significant desilicification and broken core in the lower sandstone.
The 2026 summer drill program completed 3,669 metres of drilling across the Nova, Q23 and Q24 target areas. Results will be integrated with final MobileMT structural interpretations to set priorities for the 2027 exploration program.
