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Standard Uranium Ltd (STTDF) is a Canadian-based uranium exploration company focused on the Davidson River and.
The latest news includes Continuation Share Consolidation and Davidson River Drill Program.
For further information, contact Jon Bey, CEO, and Chairman.
Standard Uranium Ltd. has announced the successful completion of its winter drill program at the Sun Dog Project, located in the Athabasca Basin, Saskatchewan. The 1,227.1-meter drilling program revealed elevated radioactivity, with drill hole SD-23-013 demonstrating significant results, including 1,300 counts per second (cps) over 1.5 meters. The exploration has expanded the known uranium footprint, supported by evidence of a robust alteration system. Plans for further exploration are in place for fall 2023, focusing on the Haven and Walli target areas, strengthening the company's potential for high-grade uranium deposits.
Standard Uranium Ltd. has initiated diamond drilling at its wholly owned Sun Dog Project in Saskatchewan, with operations commencing on March 3, 2023. The Project, located near the historic Beaverlodge District, aims to explore high-priority uranium targets identified through previous exploration programs. Two diamond drills are currently engaged in testing known mineralized areas and prospective geological structures. The 15,770-hectare property is considered highly prospective for both basement and unconformity-related uranium deposits, with the Company focused on uncovering high-grade mineralization beneath the Athabasca sandstone.
Standard Uranium Ltd. (TSX-V: STND | OTCQB: STTDF) announced the start of exploration at its 100% owned Sun Dog Project in Saskatchewan's Athabasca Basin. Construction of ice road access is underway, with drilling scheduled to begin in early February 2023. The exploration includes 3,000 metres across eight diamond drill holes, targeting high-grade uranium mineralization. Newly appointed CFO Sean McGrath will lead financial management following the resignation of Martin Bajic. The company also granted stock options for 1,570,000 shares at $0.10 and 2,550,000 restricted share units to management, reinforcing its commitment to shareholder interests.
Standard Uranium Ltd. has signed an Exploration Agreement with the Athabasca First Nations and local municipalities aimed at fostering a long-term partnership. This agreement will provide the Basin Communities with participation in projects on their traditional lands, creating employment opportunities and contributing to the Athabasca Community Trust. The agreement includes provisions for environmental protection and active site monitoring by the communities. CEO Jon Bey emphasized the company's commitment to responsible stewardship and thriving relationships with local entities.
Standard Uranium Ltd. (STTDF) reports that all 10 drill holes in its 2022 diamond drilling program at the Davidson River Project intersected prospective graphitic structures and favorable alteration zones. Significant uranium and boron content was found, indicating the continuity of wide structural zones. GoldSpot Discoveries Corp. will assist in refining drill targets for the 2023 program. The company's VP of Exploration noted the promising results for high-grade uranium mineralization. A management update includes the resignation of President Sean McGrath, with CEO Jon Bey assuming the role.
Standard Uranium Ltd. (OTCQB: STTDF) reported on November 1, 2022, highlights from its 2022 winter drill program and fall mapping at the Sun Dog Project in Saskatchewan. The drilling revealed elevated uranium and pathfinder elements, indicating potential for significant uranium mineralization. The company identified several high-priority drill targets for 2023 based on enhanced geochemical data and structural mapping. Further exploration is set for early 2023, focusing on areas with promising analytical results.
Standard Uranium Ltd. (OTCQB: STTDF) has announced its ambitious 2023 exploration schedule focused on its uranium projects in the Athabasca Basin, Saskatchewan. The company plans to conduct follow-up drilling at its Davidson River and Sun Dog projects while initiating new drill programs at its eastern Basin projects. Additionally, Standard Uranium has engaged GoldSpot Discoveries Corp. for advanced data analysis and targeting. The company recently raised $4.2 million to fund its exploration efforts, which are expected to be the most extensive to date.
Standard Uranium Ltd. (STTDF) has successfully completed its spring/summer drill program at the Davidson River Project ahead of schedule and under budget, totaling 4,107.7 meters across 10 drill holes. The program revealed intersections of elevated radioactivity, confirming the presence of a basement-hosted uranium-bearing system. The company has partnered with GoldSpot Discoveries to refine future drill targets using advanced exploration techniques, enhancing the potential for significant uranium discoveries. Continued exploration is planned, with drill assays pending from the Saskatchewan Research Council.
Standard Uranium Ltd. (TSX-V: STND, OTCQB: STTDF) has announced a letter agreement with Red Cloud Securities to conduct a private placement, aiming to raise up to C$3,500,000. The offering will consist of units priced at C$0.11 and flow-through units at C$0.13. Each unit includes a common share and half a warrant. The funds raised will primarily support the Davidson River Project and working capital. The offering is set to close around June 27, 2022, pending necessary approvals.
Standard Uranium has initiated mobilization for its fourth drill program at the flagship Davidson River Project in Saskatchewan. The program aims to discover high-grade basement-hosted uranium, commencing the third week of May 2022. It will include approximately 5,000 meters across 13 drill holes, targeting previously identified prospective structures and unexplored areas. The company is focusing on the southeast Warrior and Bronco corridors and will test the Thunderbird trend basement rocks for the first time, enhancing the project’s discovery potential.
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