Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) has reported radiometric results from its 2026 summer drill program at the Dorado Joint Venture in Saskatchewan's Athabasca Basin, operated under a 50/50 partnership with IsoEnergy Ltd. The first drill hole at the new Q24 target intersected 7.4 metres averaging 8,760 counts per second at the unconformity, including a high-grade sub-interval of 0.5 metres averaging 38,710 cps. The Q24 result represents a distinct target area separate from both the Nova Discovery and the Q23 target, expanding the project's prospective footprint and giving investors a new area to monitor.

Key Points

  • Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) operates the Dorado Project under a 50/50 joint venture with IsoEnergy Ltd.
  • Drill hole PG26-11, the first hole at Q24, returned 7.4 metres averaging 8,760 cps from 284.1 to 291.5 metres at the unconformity, with a peak reading of 50,110 cps.
  • The 2026 summer program completed 3,669 metres of drilling across Nova, Q23, and Q24; laboratory assays remain pending.
  • Investors may be watching for assay results and the integration of summer data into the 2027 exploration program priorities.

Q24 First-Pass Drill Results Signal Strong Uranium Pathfinder Geology

Hole PG26-11 tested a ground electromagnetic conductor at Q24 and encountered strongly altered and broken sandstone before reaching the unconformity at approximately 285 metres. The principal radioactive interval from 284.1 to 291.5 metres averaged 8,760 cps over 7.4 metres, including 0.5 metres averaging 38,710 cps and a maximum downhole reading of 50,110 cps. Core recovery was incomplete within the higher-radioactivity interval, and assays from the recoverable portion remain pending. Chalcopyrite veining was observed 3.3 metres farther downhole at 294.8 metres, providing additional evidence of hydrothermal activity associated with uranium-bearing systems in the Athabasca Basin.

Alteration and Structural Setting at Q24 Align With Athabasca Basin Uranium Indicators

The radioactive interval at Q24 occurs within strongly clay-sericite-chlorite altered pelitic gneiss with local fault brecciation — geological features that have guided high-grade uranium exploration in the Athabasca Basin for decades, according to the disclosure. A second radioactive interval averaging 1,010 cps over 6.2 metres was identified just below the chalcopyrite veining. President and CEO Chris Frostad stated that these geological features, including strong radioactivity at the unconformity, significant alteration, structural disruption, and graphitic basement rocks, came together in the first hole at Q24, which he described as "really encouraging."

Q23 Results and 2026 Summer Program Scope

Summer drilling also tested the Q23 target east of Q24, where hole PG26-10 returned several intervals of elevated radioactivity, including 0.8 metres averaging 1,000 cps, 1.2 metres averaging 1,030 cps, and 1.7 metres averaging 660 cps. The 2026 summer program completed 3,669 metres of drilling across Nova, Q23, and Q24. The release states that radioactivity was encountered at more than one target, reinforcing the joint venture's strategy of systematically evaluating multiple prospective corridors. All laboratory assays from summer drilling remain pending and will be reported when available.