STANDARD URANIUM LTD - STTDF STOCK NEWS

Standard Uranium (TSXV: STND) has closed the first tranche of its non-brokered private placement, raising $700,000 in gross proceeds. The company issued 7,000,000 flow-through units at $0.10 per unit, with each unit including one common share and half a warrant exercisable at $0.15 until December 10, 2026.

The funds will support exploration programs on three 100% owned uranium projects in the eastern Athabasca Basin: Atlantic, Rocas, and Corvo. Planned activities include high-resolution geophysical surveys, ground gravity studies, and electromagnetic surveys to identify uranium-bearing corridors and refine structural targets.

Additionally, the company announced that Mamba Exploration has withdrawn from the Canary Project earn-in option agreement, returning 100% ownership to Standard Uranium.

Standard Uranium reports high-grade uranium assays from its 2024 Sun Dog Project exploration program in Saskatchewan. The prospecting revealed significant uranium concentrations across multiple target areas: Spring-Dome showed up to 13.0% U3O8, Wishbone returned up to 0.143% U3O8, and McNie yielded up to 0.25% U3O8. The project, under an earn-in agreement with Aero Energy, will receive a minimum $2.0M in Year 2 exploration expenditures starting October 20, 2024. Eight drill holes totaling 1,593 metres were completed, with seven showing anomalous radioactivity. Additional geophysical work and drill programs are planned for 2025.

Standard Uranium (TSXV: STND) provides an update on its uranium exploration projects in the Athabasca Basin region. The company holds 233,000 acres of exploration land and has completed three joint venture earn-in partnerships on Sun Dog, Canary, and Atlantic projects, totaling $23.8M in work commitments over three years. The company has successfully operated drill programs on these projects and expanded its landholdings by 45,000 acres in 2024. Standard Uranium continues its project generator model, offering turn-key opportunities with permits and First Nations agreements in place.

Standard Uranium (TSXV: STND) (OTCQB: STTDF) has provided an update on exploration at its Sun Dog Uranium Project in Saskatchewan. The company reported intersecting elevated radioactivity in graphitic basement rocks at the newly identified Wishbone target area, validating their exploration model for basement-hosted uranium deposits.

Aero Energy (TSXV: AERO) has committed to Year 2 of the three-year earn-in option agreement, pledging a minimum of $2.0M in exploration expenditures starting October 20, 2024. Key highlights include:

• Completion of 16 drill holes across 12 targets, with anomalous radioactivity in 9 holes
• 1,593 metres drilled at Wishbone, with anomalous radioactivity in 7 of 8 holes
• Confirmation of the company's prospectivity model for basement-hosted uranium deposits
• Identification of multiple graphitic horizons with over 70 km of largely unexplored strike

The company views these results as encouraging and plans further geophysical surveys and drilling to vector into a potential high-grade discovery.

Standard Uranium (TSXV: STND) (OTCQB: STTDF) has signed a property acquisition agreement with Mustang Energy Corp. (CSE: MEC) for the Brown Lake Project in Saskatchewan's eastern Athabasca Basin. Standard Uranium will transfer 90% ownership to Mustang in exchange for 60,000 Mustang common shares, retaining a 10% carried interest.

Key highlights include:

• Shallow drill targets <200m to the unconformity along untested conductors
• Proximity to the Shift Uranium Zone with high-grade uranium intersections
• Located near Key Lake Mill and favorable infrastructure

The Brown Lake Project covers 312 hectares and hosts 2.4 km of an untested magnetic low/fault trend. It's situated 13 km northwest of Key Lake Mill facilities and 4 km southwest along strike of the Shift Lake Uranium Zone, which has shown promising uranium mineralization in previous drilling.

Standard Uranium (TSXV: STND) (OTCQB: STTDF) has expanded its Corvo uranium exploration project in Saskatchewan's eastern Athabasca Basin region. The company added three new mineral claims, increasing the project size from 7,989 to 12,265 hectares. Key highlights include:

1. Addition of 4,276 ha and 14.8 km of exploration strike length along magnetic low trends with EM conductors and cross-cutting faults.
2. Planned high-resolution electromagnetic survey for fall 2024 to define drill targets.
3. Presence of uranium mineralization along an 800-metre strike length between historical drill holes.
4. Increased exposure to the southeastern Athabasca uranium district.

The expansion doubles the exploration corridor strike length to 29.3 km. Standard Uranium plans to conduct a project-wide airborne EM survey in 2024 and develop a ground truth exploration program to confirm historical uranium showings.

Standard Uranium (TSXV: STND) (OTCQB: STTDF) has announced results from its spring 2024 drill program at the Canary Project in Saskatchewan's Athabasca Basin. The program confirmed moderately anomalous uranium in multiple drill holes, with uranium-thorium ratios indicating hydrothermal uranium input. Key findings include:

- Multiple zones of elevated uranium linked to structural zones and lithological contacts
- Presence of anomalous uranium pathfinder elements, particularly boron
- Confirmation of fracture-hosted dravitic-clay associated with semi-pelitic gneiss
- Identification of follow-up targets along three underexplored conductor systems

The program comprised 1,863 meters of diamond drilling across 4 holes. The company is planning additional geophysical surveys to refine targets for future drilling phases.

Standard Uranium (TSXV: STND) (OTCQB: STTDF) has completed its summer drill program at the Sun Dog Uranium Project in northwestern Saskatchewan. The program, funded by Aero Energy and operated by Standard Uranium, focused on the newly identified Wishbone target area. Key highlights include:

- 1,593 meters drilled across eight holes
- Anomalous radioactivity (>300 cps) in seven of eight holes
- Strongly graphitic fault rocks with clay-sericite alteration and hydrothermal hematite
- Confirmation of the company's prospectivity model
- Assays pending and follow-up drilling planned

The results provide proof of concept for the exploration model, with elevated radioactivity and increased hydrothermal alteration associated with stacked graphitic structural zones, indicating favorable corridors for uranium deposition.

Standard Uranium (TSXV: STND) (OTCQB: STTDF) has commenced drilling at its Sun Dog Uranium Project in northwestern Saskatchewan. The program, funded by Aero Energy under a three-year earn-in option agreement, aims to explore high-grade basement-hosted uranium mineralization. Key highlights include:

1. Approximately 1,000-1,200 metres planned across 5-7 drill holes
2. Focus on high-priority targets refined by recent geophysical work
3. Targeting major conductor trends associated with cross-cutting faults and surface radioactivity
4. Drilling began on July 23rd, 2024, starting with the Wishbone target area

The Sun Dog Project covers 48,443 acres and hosts the historical Gunnar Uranium Mine, which produced about 18M lbs of U3O8 between 1953 and 1981.