Purepoint Uranium Group Inc. provided results from a helicopter-borne versatile time domain electromagnetic (VTEM) survey across its 100% owned Tabbernor Project that lies on the eastern edge of the Athabasca Basin, Saskatchewan Canada. Highlights: Purepoint has completed its initial review of the 2,962 line-kilometre, VTEM survey conducted across its Tabbernor Project; Over 70 kilometres of EM conductors within seven target areas were outlined from the VTEM results; Follow-up airborne geophysics and field mapping planned for this year; The Tabbernor Fault System runs north-south for approximately 1,500 km and is associated with gold and uranium discoveries that includes North America's largest gold mine. The Tabbernor Project covers three north-south trending structural corridors that Purepoint has interpreted as being associated with uranium mines/deposits located to the north.

Interpretation of the 2022 VTEM geophysical results show the project hosts three belts of east-northeast trending conductive rocks with over 70 kilometres of total conductor strike length being identified. The 2,962 line- kilometre VTEM survey was flown by GeoTech of Richmond, ON and the results were interpreted by Condor North Consulting ULC of Vancouver, BC. Tabbernor Project was staked along three major trends of the Tabbernor Fault System, a deep seated, 1,500 kilometre crustal shear system that runs north through the Athabasca Basin.

The system not only hosts over 80 historic mines and gold occurrences but as well cross cuts the Basin's mine trend aligning itself with 8 of the Basin's largest uranium discoveries. The Tabbernor Project consists of 31 claims that total 70,598 hectares. The original block of three north-south claim groups (23 claims) that covered Tabbernor structures have now been joined by an additional 8 claims that cover a strong east-northeast trending belt of conductive rocks.