Purepoint provides update on Red Willow Joint Venture with Rio Tinto
TORONTO, ONTARIO--(Marketwire - Sept. 13, 2011) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) provided an update on the advancement of Purepoint's Red Willow Project in the Athabasca Basin. The project is managed by Rio Tinto under an option agreement signed in December 2010.
"Rio Tinto's focus this summer was to follow up on three areas identified from a recently completed regional 3D geological model", said Scott Frostad, Purepoint's Vice President, Exploration. "Geophysical surveys are now in progress and the results will be added to the existing base of knowledge in order to prioritize the next phase of work".