Purepoint Uranium Group Inc.: Responds to United Uranium's Claims
March 04 2008 - 12:31PM
Marketwired
TORONTO, ONTARIO today confirmed its position that United
Uranium' claim for joint ownership of a small boundary extension
property recently staked by Purepoint is without merit and will be
vigorously defended.
Specifically, Chris Frostad, President & CEO of Purepoint
stated that "we view this claim as nothing more than an
opportunistic attempt to capitalize upon Purepoint's recent
drilling success at its nearby Red Willow Project. Purepoint staked
a small portion of a larger property dropped by United Uranium in
2007. United Uranium's claim for joint ownership did not surface
until after Purepoint announced the discovery of uranium on the
adjoining Red Willow Project."
This action does not call into question Purepoint's title to any
of its historical properties, including its 100% owned Red Willow
Project, nor does it affect any of Purepoint's planned exploration
programs.
About Purepoint
Purepoint Uranium Group Inc. is focused on the precision
exploration of more than 42 defined target areas on its seven 100%
owned projects in the Canadian Athabasca Basin, and its two Basin
projects joint ventured with Cameco Corporation and AREVA Resources
Canada Inc. Established in the Basin well before the resurgence in
uranium, Purepoint is actively advancing this large portfolio of
multiple drill targets in the world's richest uranium region.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts: Purepoint Uranium Group Inc. Chris Frostad President
and CEO (416) 603-8368 Website: www.purepoint.ca
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