IsoEnergy and Purepoint Uranium Form Joint Venture Covering Over 98,000 Hectares in the Eastern Athabasca Basin

IsoEnergy and Purepoint Uranium have formed a joint venture to explore and develop uranium properties in Saskatchewan’s Athabasca Basin . The venture includes 10 projects covering over 98,000 hectares in the eastern basin. Key highlights:

1. IsoEnergy will hold a 60% initial interest , Purepoint 40%.
2. The portfolio includes properties along the Larocque Trend , a proven corridor for uranium mineralization.
3. IsoEnergy will invest $1 million in Purepoint’s concurrent equity financing.
4. Purepoint will operate during exploration; IsoEnergy takes over in pre-development.
5. Purepoint plans a 10:1 share consolidation and a $2 million private placement .The joint venture aims to leverage both companies’ expertise and accelerate discoveries in the region.Positive Formation of a joint venture covering 98,000 hectares of prospective uranium properties Portfolio includes projects along the Larocque Trend, a proven corridor for uranium mineralization IsoEnergy’s $1 million investment in Purepoint’s equity financing Potential for accelerated discoveries and […]

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