IsoEnergy and Purepoint form Athabasca Basin exploration JV
Toronto-listed IsoEnergy has announced the formation of a joint venture (JV) with TSX-V-listed Purepoint Uranium to explore in the Athabasca basin of Saskatchewan.
Both companies will contribute assets from their respective portfolios to the JV, which will consist of ten projects covering more than 98 000 ha in the east side of the Athabasca basin.
The properties include IsoEnergy’s Geiger, Thorburn Lake, Full Moon, Edge, Collins Bay Extension, North Thorburn, 2Z Lake, and Madison projects, as well as Purepoint’s Turnor Lake and Red Willow projects.
Together, the JV projects consolidate a large land position immediately to the east of IsoEnergy’s Larocque East project, which includes several kilometres of the highly prospective Larocque trend.
IsoEnergy CEO Philip Williams said the JV held advantages for both companies. “Purepoint has proven itself an exceedingly capable operator and the JV will allow us to have several of our highly-prospective projects advanced, while remaining focused on dual priorities of exploring and advancing the Larocque East project, host to the high-grade Hurricane deposit, and restarting our past producing uranium mines in Utah,” he said.
Purepoint president and CEO Chris Frostad said that by pooling resources with IsoEnergy, the companies were accelerating exploration efforts and setting the stage for potential large-scale discoveries to meet the growing demand for clean energy.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation