Mr. Chris Frostad reports

PUREPOINT URANIUM PROVIDES Q2 CORPORATE UPDATE ON EXPLORATION ACTIVITIES

Purepoint Uranium Group Inc. has provided its Q2 corporate update on exploration activities across its portfolio of uranium projects in Canada's Athabasca basin. This exploration update highlights the continued advancement of multiple high-priority targets as Purepoint executes on its 2025 exploration strategy alongside industry-leading joint venture partners.

Smart Lake joint venture (Cameco Corp./Purepoint)

Field crews are currently on site, and drilling is under way at Smart Lake. The program is progressing well and consists of four holes totalling approximately 1,400 metres, targeting three discrete conductors identified during the 2024 ground EM (electromagnetic) survey of the Groomes Lake corridor.

These drill targets represent previously untested areas of strong conductivity associated with a favourable structural setting. Drilling is expected to conclude by the end of April.

Dorado joint venture (IsoEnergy Ltd./Purepoint)

Following the completion of the Smart Lake program, drilling is scheduled to begin at the Dorado project in Q2 2025.

The approved program includes approximately 6,100 metres across 17 holes. Drilling will test a series of graphitic conductors that wrap around a central granitic dome, with target areas prioritized based on a consolidated geological model that now includes both the Turnor Lake and Geiger regions.

Exploration permits for Edge and Full Moon are in hand, and the Turnor Lake permit amendment has also been approved.

Aurora joint venture (IsoEnergy/Purepoint)

The airborne geophysical survey originally scheduled for early 2025 has been deferred to later this summer. The survey will cover the Collins Bay extension and is intended to refine shallow targets in proximity to the McClean Lake and Rabbit Lake infrastructure.

Celeste joint venture (IsoEnergy/Purepoint)

Permitting for 2025 exploration is complete for the Celeste Block East region, where initial drilling in late Q3 is planned to test shallow conductor systems. The broader Celeste block remains in early-stage target development, with future drilling subject to additional refinement of geophysical results.

Denare West (Foran Mining Corp./Purepoint)

In February, the company reported Foran Mining's completion and interpretation of a VTEM (versatile time-domain electromagnetic) Max airborne EM survey across the Denare West project. Located nine kilometres southeast of Foran's McIlvenna Bay deposit, the survey identified numerous conductive anomalies consistent with the geologic horizon that hosts other known VMS (volcanogenic massive sulphide) deposits in the region.

Results from the airborne EM survey are now being modelled and integrated with historical data sets to prioritize drill targets. Foran continues to advance the project under a $19-million option agreement.

Tabbernor project (100 per cent Purepoint)

The recently reported interpretation of the 7,549 line-kilometre Falcon gravity and magnetic survey has defined three priority zones exhibiting gravity-low anomalies associated with potential hydrothermal alteration. Planning for the 2025 exploration program is under way, and the required exploration permit has been received. Follow-up work is expected to include boulder sampling, drilling, prospecting and soil geochemistry.

Purepoint remains committed to advancing its projects through focused exploration and community collaboration as the company responds to growing demand for uranium. Further updates will be provided as work progresses.

About Purepoint Uranium Group Inc.

Purepoint Uranium Group is a focused explorer with a dynamic portfolio of advanced projects within the renowned Athabasca basin in Canada. The most prospective projects are actively operated on behalf of partnerships with industry leaders, including Cameco, Orano Canada Inc. and IsoEnergy.

Additionally, the company holds a promising VHMS (volcanic-hosted massive sulphide) project currently optioned to and strategically positioned adjacent to and on trend with Foran Mining's McIlvenna Bay project. Through a robust and pro-active exploration strategy, Purepoint is solidifying its position as a leading explorer in one of the globe's most significant uranium districts.

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