Purepoint Uranium Group Inc. announced the commencement of its winter drill program at the Hook Lake Project in Saskatchewan's Athabasca Basin. The project is a joint venture with AREVA Resources Canada Inc. and Cameco Corporation and is located immediately north of Patterson Lake where high-grade uranium mineralization has been discovered by Fission Uranium Corp. The 2014 diamond drill program commencing last week will focus on the highly prospective 'Patterson Lake Corridor', the same (electromagnetic) conductive trend that hosts the Patterson Lake South (PLS) uranium discovery.

The 'Patterson Corridor' hosts over 35 kilometers of known airborne EM conductors on the Hook Lake property. Over 40 ground EM targets remain untested and ready for drilling; The program consists of approximately 5,000 metres of diamond drilling for a total budget of $2,500,000. The Hook Lake Project consists of nine claims totaling 28,683 hectares and is situated in the southwestern Athabasca Basin only 5 kilometres northeast of the new high-grade uranium discovery by the Fission/Alpha joint venture.

The depth to the Athabasca unconformity is very shallow, ranging from zero to 350 metres. Three prospective structural 'corridors' have been defined on the property, each corridor being comprised of multiple EM conductors that have been confirmed to be the results of graphitic metasediments that intersect the Athabasca unconformity. The Patterson Lake Corridor is the same conductive trend along which the Fission/Alpha joint venture has intersected high-grade uranium mineralization, most notably the intercept of 9.08% U3O8 over 54.5 metres in drill hole PLS13-075 including 21.76% U3O8 over 21.5 metres.

Within the Hook Lake project, the Patterson Lake Corridor displays geophysical evidence of a complex structural history and, where drill tested, has shown favourable signs of alteration and structural disruption. In 2011, three new claims totaling 2,632 hectares were added to the Hook Lake project due north of where high grade uranium boulders were discovered by Fission/Alpha on their PLS property.