Purepoint Uranium Group Inc. has intersected 7.4 metres averaging 8,760 counts per second from 284.1 metres at the unconformity in the initial drill hole at the Q24 target within the Dorado Project in Saskatchewan’s Athabasca Basin.

Drill hole PG26-11, completed as part of the 50/50 joint venture with IsoEnergy Ltd., included a 0.5-metre interval averaging 38,710 counts per second, with downhole probe readings peaking at 50,110 counts per second. The hole targeted a ground electromagnetic conductor and encountered strongly clay-sericite-chlorite altered pelitic gneiss alongside fault brecciation and chalcopyrite veining located 3.3 metres farther downhole.

The Q24 radioactive interval sits within basement rocks at a separate target area from both Nova and Q23. At the Q23 target, situated east of Q24, summer drilling hole PG26-10 returned several intervals of elevated radioactivity, including 0.8 metres averaging 1,000 counts per second from 292.0 metres.

The completed 2026 summer drill program totaled 3,669 metres across the Nova, Q23, and Q24 target areas. Previous drilling at Dorado's Nova Discovery returned high-grade uranium assays including 2.1 metres grading 1.6% U3O8, which included 0.4 metres at 8.1% U3O8 in hole PG25-07A.

Demobilization from the project was completed in September. Laboratory assays from the 2026 summer drilling program at the Dorado Project are pending and will be reported when available, alongside integration with final MobileMT structural interpretations to establish priorities for the 2027 exploration campaign.

“The first hole at Q24 delivered exactly what we look for in this part of the Athabasca Basin; strong radioactivity at the unconformity, significant alteration, structural disruption and graphitic basement rocks,” said Chris Frostad, President & CEO of Purepoint. “These geological features have guided uranium exploration in this district for decades and seeing them come together in the first hole at a new target area is really encouraging. Q24 is separate from both Nova and Q23, giving us an important new area for follow-up drilling at Dorado.”

Read the full announcement: Purepoint Intersects 7.4 Metres Averaging 8,760 CPS at the Unconformity in First Drill Hole at Q24, Dorado Project