2023-03-28 16:00:00 ET
Purepoint Uranium (TSXV:PTU,OTCQB:PTUUF) President and CEO Chris Frostad is optimistic that increased investments in the uranium market will result in more new discoveries from the exploration sector.
“The markets have been quite excited lately about getting back into uranium. We've been seeing it over the last two years — the price of uranium has gone from US$25 to US$50 (per pound),” he said. “And now that there's so much money moving into Saskatchewan and moving into this sort of work, we are undoubtedly going to continue seeing more and more good discoveries.”
Purepoint is a uranium exploration company focused on developing a portfolio of promising assets in the Athabasca Basin in Saskatchewan.
For further details see:
Rising Uranium Investments Will Spark More New Discoveries, Purepoint CEO Says