Purepoint Uranium Group Inc. reported the completion of the first seven holes of the 2017/2018 Winter drill program at the Hook Lake JV, a project owned jointly by Cameco Corp. (39.5%), AREVA Resources Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%). The Hook Lake project lies on the South West edge of Saskatchewan’s Athabasca Basin, on trend with recent high-grade uranium discoveries including Fission Uranium’s Triple R deposit and NexGen’s Arrow deposit. Five holes have been completed at the Spitfire Zone since November, 2017. The Spitfire high-grade uranium mineralization has been correlated with NexGen’s Harpoon discovery by Purepoint and an updated long section and plan map are available on the Purepoint website. Three drill holes have now successfully extended the Spitfire Zone an additional 85 metres northeast of previous mineralization, namely HK16-55 that intersected 9.5 metres at 2.9% U3O8. HK17-79 was collared as a 45-metre step-out NE from HK16-55 and returned 0.61% eU3O8 over 5.5 metres from 273.5 to 279.0 metres. HK17-80 was a follow-up to HK-79 testing 40 metres along strike to the NE and returned 0.62% eU3O8 over 8.0 metres from 254.1 to 262.1 metres. Hole HK18-82 then targeted a shallower depth than HK17-79 and 80 and returned 1.04% eU3O8 over 14.6 metres from 259.2 to 273.8 metres that included 8.7% eU3O8 over 1.3 metres. The initial two Spitfire drill holes this fall tested for mineralization near the Hook Lake southern claim line, approximately 50 metres northeast of NexGen’s Harpoon hole HP-16-20 that intersected 13.5 m at 3.9% U3O8. Drill hole HK17-76 returned 0.47% eU3O8 over 3.3 metres and HK17-77 failed to intersect significant mineralization. Two holes have been completed at the Dragon Zone since last November. The initial hole HK17-78 tested the same location where hole HK17-75, a follow-up to the favourable alteration and radioactivity encountered by HK17-72, was lost last winter. A sulphide-rich shear zone best explained the airborne conductor and no significant radioactivity was encountered. Drill Hole HK17-81 targeted a strong stepwise moving loop electromagnetic (EM) conductor located approximately 250 metres southeast of the airborne EM conductor that previous Dragon area holes have tested (see Purepoint website for Dragon geological plan map). The hole intersected over 100 metres of intense silicification starting at the unconformity (~ 300 metres) to a depth of 406 metres with local zones of clay, chlorite and hematite alteration. A strong graphitic shear zone was intersected between 406 and 444 metres that explains the ground conductor. The graphitic shear is interpreted as a third graphitic shear within a 100-metre wide shear zone that has not been tested by previous holes. Current drilling will test for this graphitic shear in proximity of the favourable HK17-72 hole. The Hook Lake JV project is owned jointly by Cameco Corp. (39.5%), AREVA Resources Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%) and consists of nine claims totaling 28,683 hectares situated in the southwestern Athabasca Basin. The Hook Lake JV is considered one of the highest quality uranium exploration projects in the Athabasca Basin due to its location along the prospective Patterson Lake trend and the relatively shallow depth to the unconformity. Current exploration is targeting the Patterson Lake Corridor that hosts Fission’s Triple R Deposit (indicated mineral resource 79,610,000 lbs U3O8 at an average grade of 1.58% U3O8), NexGen Energy’s Arrow Deposit (indicated mineral resource 179,500,000 lbs U3O8 at an average grade of 6.88%) and the Spitfire Discovery by the Hook Lake JV.