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Article: Purepoint Uranium Group Inc: Project Status and Exploration Plans.
- Article from:
- Marketwire Canada
- Article date:
- September 29, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Sep 29, 2009 (Marketwire via COMTEX) -- Purepoint Uranium Group Inc. (TSX VENTURE:PTU) is pleased to provide the following overview of its current operations and exploration plans for the coming year.
"As 2008 closed, the exploration industry's five year bull market came to a hard stop, and Purepoint announced its decision to dramatically reduce field work and conserve cash until signs of improvement in the capital markets were apparent" said Chris Frostad, President and CEO of Purepoint Uranium Group Inc. "Now, as global economies begin to emerge from that severe recession, Purepoint remains well positioned as a unique opportunity in Canada's ...