Purepoint Uranium (TSXV:PTU,OTCQB:PTUUF) President and CEO Chris Frostad is optimistic that elevated investments within the uranium market will lead to extra new discoveries from the exploration sector.
“The markets have been fairly excited recently about getting again into uranium. We have been seeing it over the past two years — the worth of uranium has gone from US$25 to US$50 (per pound),” he stated. “And now that there is a lot cash transferring into Saskatchewan and transferring into this form of work, we’re undoubtedly going to proceed seeing an increasing number of good discoveries.”
Purepoint is a uranium exploration firm targeted on creating a portfolio of promising property within the Athabasca Basin in Saskatchewan.
Frostad stated current uranium discoveries are already a sign of the present momentum for this crucial mineral, as uranium is a vital part of nuclear vitality, which is re-emerging as a low-carbon various to fossil fuels.
Watch the total interview with Chris Frostad, president and CEO of Purepoint Uranium, above.
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