Purepoint Uranium Group Inc. has reported assay results from its winter 2026 drill program at the Nova Target on the Dorado Project in Saskatchewan’s Athabasca Basin, returning a peak intersection of 1.65% U₃O₈ over 0.3 metres.

The nine-hole winter program intersected uranium mineralization across multiple holes along the Nova electromagnetic conductor, providing structural and geological data to refine targeting at the 50/50 joint venture project operated alongside partner IsoEnergy Ltd.

Hole NV26-05 yielded the program’s strongest assay, returning 1.65% U₃O₈ over 0.3 metres from 390.4 metres at the unconformity, accompanied by an average downhole gamma response of 61,070 counts per second. Hole NV26-03A returned a broader mineralized interval grading 0.04% U₃O₈ over 3.9 metres from 412.6 metres, which included a 0.4-metre section grading 0.10% U₃O₈ and a separate interval returning 0.79% U₃O₈ over 0.4 metres from 418.2 metres. Additional uranium mineralization was confirmed in holes NV26-01, NV26-02, NV26-04, NV26-06A, NV26-07, NV26-08, and NV26-09A.

“The winter 2026 program has materially improved our understanding of the Nova mineralization system,” said Chris Frostad, President & CEO of Purepoint Uranium. “The drilling produced additional uranium intercepts along the Nova EM conductor, while providing the structural and geological data needed to better constrain its geometry and interpret. Our improved understanding of geologic controls and geophysical responses has provided us with increasingly specific drill targets as exploration advances.”

— Chris Frostad, President & CEO

Purepoint operates the Dorado Project as part of its portfolio of joint venture assets in the Athabasca Basin, where the property hosts the Nova Discovery and a mineralized structural corridor extending approximately one kilometre. Alongside ongoing evaluation of the joint venture ground, Purepoint and IsoEnergy staked two new claims near the project on August 12, 2026.

Exploration at the project has continued following the winter campaign, with the 2026 summer drill program now complete. Purepoint expects to compile and report results from the summer program shortly.

Read the full announcement: Purepoint Reports Winter 2026 Assays from Dorado JV's Nova Target