Purepoint Develops 3D Model for Turnor Lake
May 11 2011 - 8:00AM
Marketwired
Purepoint Uranium Group Inc. (TSX VENTURE: PTU) has commenced
building a series of three dimensional numerical earth models of
the Turnor Lake region in Canada's Athabasca Basin to further
identify and prioritize drill hole targets for the company's next
drill program on this property. The work is being undertaken by
Mira Geoscience of Westmount Quebec. With offices both in Canada
and Australia, Mira specializes in multi-disciplinary quantitative
data integration utilizing state-of-the-art technology such as
GOCAD and 3D geophysical inversion software developed by the
University of British Columbia and Fullagar Geophysics. Mira has
substantial experience in the Athabasca Basin, having worked with
clients such as Cameco and Areva.
"Our drill results at Turnor Lake have consistently demonstrated
that a widespread uranium mineralizing event occurred on the
property" said Scott Frostad, Vice President Exploration,
Purepoint. "By re-analyzing those geochemical and geological
results against our extensive geophysical data within a 3D model,
we will ensure our next drill program is targeting the areas with
the best potential for high grade uranium mineralization".
Highlights of the Mira Targeting Workflow Process
-- 3D data compilation in GOCAD;
-- Re-examination of each dataset and cross-correlating interpretations to
develop and support spatial and quantitative relationships;
-- Creation of a 3D lithological model from interpreted cross-sections,
drill hole information and surface/bedrock geology;
-- Interpretation of geophysical data in tight integration with the
geological model with newly created geophysical inversions, allowing the
geophysical data to be represented by a 3D distribution of physical rock
properties (e.g. density, susceptibility, resistivity models);
-- Computation of geochemistry models using a 3D geostatistical estimation
process similar to grade modeling;
-- Performing mineral potential modelling using the GOCAD Mining Suite
Targeting Workflow to extract the best exploration targets.
Turnor Lake
The Turnor Lake Project is 100% owned by Purepoint. This 9,705
hectare property covers graphitic electromagnetic (EM) conductors
that are directly associated with high grade uranium showings on
adjoining properties, namely Cameco's La Rocque occurrence (up to
33.9% U3O8 over 5.5 m) to the west and Areva's HLH-50 intercept
(5.2% U3O8 over 0.38 m) located to the south. The project lies in
close proximity to several uranium deposits, including Midwest
Lake, McClean Lake and Eagle Point, and has a shallow depth to the
unconformity of less than 200 metres in most areas.
A series of detailed geophysical surveys have been conducted on
the property since November 2006 and numerous drill targets,
including EM conductors and structurally complex areas having
evidence of intersecting structures, remain untested.
About Purepoint
Purepoint Uranium Group Inc. is focused on the precision
exploration of its thirteen projects in the Canadian Athabasca
Basin. Purepoint proudly maintains project ventures in the Basin
with the three largest uranium producers in the world, Cameco
Corporation, AREVA and Rio Tinto. Established in the Athabasca
Basin well before the initial resurgence in uranium earlier last
decade, Purepoint is actively advancing a large portfolio of
multiple drill targets in the world's richest uranium region.
Scott Frostad BSc, MASc, PGeo, Purepoint's Vice President,
Exploration, is the Qualified Person responsible for technical
content of this release.
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 www.purepoint.ca
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