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5 Top Weekly TSXV Stocks: Purepoint Uranium Rises 85 Percent


Last week’s top-gaining mining stocks on the TSXV were Petro Victory, Razor Energy, Purepoint Uranium, Emerita Resources and BCM Resources.
The S&P/TSX Venture Composite Index (INDEXTSI:JX) was on the decline last week, opening at 961.44 and closing the five day period at 955.23. 
Statistics Canada said last Friday (May 7) that the country’s economy lost 207,000 jobs in April due to a new round of coronavirus-related lockdowns. The loss was higher than the expected amount of 175,000.
Meanwhile, in the commodities sector, gold broke past the US$1,800 per ounce mark, while the price of copper reached a new all-time high. ....

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Purepoint Uranium Provides Overview and Plans at Turnor Lake Project


Purepoint Uranium Provides Overview and Plans at Turnor Lake Project
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Purepoint or the
Company ) today provided an update on its 100%-owned Turnor Lake project in the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada.  Initial focus will be on the Serin conductor which lies adjacent to and on trend with IsoEnergy Ltd. s Hurricane Zone (38.8% U3O8 over 7.5m) along the La Rocque Uranium Corridor.
  Our Turnor Lake project hosts a complex geological setting associated with numerous, nearby high-grade uranium discoveries said Chris Frostad, Purepoint s President and CEO. The considerable geophysical work and first pass drilling carried out to date by Purepoint has prepared Turnor Lake for immediate drilling. ....

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