Standard Uranium Acquires Umbra and Sable Uranium Projects and Completes Geophysical Surveys on Rocas and Atlantic Projects, Eastern Athabasca Basin, Saskatchewan
Standard Uranium (TSXV: STND) (OTCQB: STTDF) has announced the acquisition of two new uranium projects in the eastern Athabasca Basin - the Umbra (3,680 hectares) and Sable (1,590 hectares) projects, obtained through low-cost staking. Both projects are now available for joint venture options.
The Umbra Project, located 19 km WNW of the McArthur River Mine, features uranium targets along electromagnetic conductors and interpreted graphitic/pelitic basement lithologies. The Sable Project, situated 35 km NW of the Cigar Lake uranium mine, contains two distinct conductive zones with potential for high-grade uranium mineralization.
Additionally, the company has completed high-resolution ground gravity surveys on its Atlantic and Rocas projects, designed to identify potential hydrothermal alteration zones and enhance existing drill targets. The survey data is currently undergoing inversion and modeling to provide additional vectoring layers for future drill programs.
Standard Uranium (TSXV: STND) (OTCQB: STTDF) ha annunciato l'acquisizione di due nuovi progetti di uranio nella parte orientale del bacino di Athabasca - i progetti Umbra (3.680 ettari) e Sable (1.590 ettari), ottenuti tramite staking a basso costo. Entrambi i progetti sono ora disponibili per opzioni di joint venture.
Il Progetto Umbra, situato a 19 km a WNW della Miniera di McArthur River, presenta obiettivi di uranio lungo conduttori elettromagnetici e litologie sotterranee grafiche/pelitiche interpretate. Il Progetto Sable, situato a 35 km a NW della miniera di uranio Cigar Lake, contiene due zone conduttive distinte con potenziale per mineralizzazione ad alto grado di uranio.
Inoltre, l'azienda ha completato rilievi di gravità terrestre ad alta risoluzione sui suoi progetti Atlantic e Rocas, progettati per identificare potenziali zone di alterazione idrotermale e migliorare gli obiettivi di perforazione esistenti. I dati del rilievo sono attualmente in fase di inversione e modellazione per fornire ulteriori strati di vettorizzazione per futuri programmi di perforazione.
Standard Uranium (TSXV: STND) (OTCQB: STTDF) ha anunciado la adquisición de dos nuevos proyectos de uranio en la parte oriental de la Cuenca de Athabasca - los proyectos Umbra (3,680 hectáreas) y Sable (1,590 hectáreas), obtenidos a través de un staking de bajo costo. Ambos proyectos están disponibles ahora para opciones de empresa conjunta.
El Proyecto Umbra, ubicado a 19 km ONO de la mina McArthur River, presenta objetivos de uranio a lo largo de conductores electromagnéticos y litologías de basamento gráficas/pelíticas interpretadas. El Proyecto Sable, situado a 35 km NO de la mina de uranio Cigar Lake, contiene dos zonas conductivas distintas con potencial para mineralización de uranio de alta ley.
Además, la compañía ha completado estudios de gravedad terrestre de alta resolución en sus proyectos Atlantic y Rocas, diseñados para identificar posibles zonas de alteración hidrotermal y mejorar los objetivos de perforación existentes. Los datos de la encuesta están actualmente en proceso de inversión y modelado para proporcionar capas de vectorización adicionales para futuros programas de perforación.
표준 우라늄 (TSXV: STND) (OTCQB: STTDF)이 아타바스카 분지 동부에서 두 개의 새로운 우라늄 프로젝트인 움브라(3,680 헥타르)와 사블(1,590 헥타르)를 저비용으로 스테이킹하여 인수했다고 발표했습니다. 두 프로젝트 모두 현재 공동 투자 옵션을 이용할 수 있습니다.
움브라 프로젝트는 맥아서 리버 광산에서 서북서쪽으로 19km 떨어진 곳에 위치하며, 전자기 전도체를 따라 우라늄 목표와 해석된 그래파이트/펠리틱 기반 암석이 특징입니다. 사블 프로젝트는 시가 호수 우라늄 광산에서 북서쪽으로 35km 떨어진 곳에 위치하며 고품질 우라늄 광화 가능성이 있는 두 개의 뚜렷한 전도 구역을 포함하고 있습니다.
또한, 이 회사는 대서양 및 로카라 프로젝트에 대한 고해상도 지상 중력 조사를 완료하여 잠재적인 열수 변형 구역을 식별하고 기존 드릴 목표를 개선하도록 설계했습니다. 조사 데이터는 현재 추가 벡터 계층을 제공하기 위해 역전환 및 모델링 중입니다.
Standard Uranium (TSXV: STND) (OTCQB: STTDF) a annoncé l'acquisition de deux nouveaux projets d'uranium dans la partie orientale du Bassin d'Athabasca - les projets Umbra (3 680 hectares) et Sable (1 590 hectares), obtenus par un staking à faible coût. Les deux projets sont maintenant disponibles pour des options de coentreprise.
Le Projet Umbra, situé à 19 km à l'WNW de la mine de McArthur River, présente des cibles d'uranium le long de conducteurs électromagnétiques et des lithologies de socle graphitiques/pélitiques interprétées. Le Projet Sable, situé à 35 km au nord-ouest de la mine d'uranium de Cigar Lake, contient deux zones conductrices distinctes avec un potentiel de minéralisation d'uranium de haute qualité.
De plus, la société a terminé des relevés gravimétriques terrestres haute résolution sur ses projets Atlantic et Rocas, conçus pour identifier des zones potentielles d'altération hydrothermale et améliorer les cibles de forage existantes. Les données d'enquête sont actuellement en cours d'inversion et de modélisation pour fournir des couches de vectorisation supplémentaires pour de futurs programmes de forage.
Standard Uranium (TSXV: STND) (OTCQB: STTDF) hat die Akquisition von zwei neuen Uranprojekten im östlichen Athabasca-Becken bekannt gegeben - den Projekten Umbra (3.680 Hektar) und Sable (1.590 Hektar), die durch kostengünstige Staking-Verfahren erworben wurden. Beide Projekte stehen nun für Joint-Venture-Optionen zur Verfügung.
Das Umbra-Projekt, das 19 km WNW der McArthur River Mine liegt, weist Uranziele entlang elektromagnetischer Leiter und interpretierter grafitischer/pelitischer Fundamentlitologien auf. Das Sable-Projekt, das sich 35 km NW der Uranmine Cigar Lake befindet, enthält zwei ausgeprägteleitfähige Zonen mit Potenzial für hochgradige Uranmineralisierung.
Zusätzlich hat das Unternehmen hochauflösende Erdschwerevermessungen in seinen Projekten Atlantic und Rocas abgeschlossen, die dazu dienen sollen, potenzielle hydrothermale Alterationszonen zu identifizieren und bestehende Bohrziele zu verbessern. Die Umfragedaten befinden sich derzeit in der Inversion und Modellierung, um zusätzliche Vektorschichten für zukünftige Bohrprogramme bereitzustellen.
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Vancouver, British Columbia--(Newsfile Corp. - January 16, 2025) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) ("Standard Uranium" or the "Company") is pleased to announce the acquisition of the Umbra and Sable uranium projects in the prolific eastern Athabasca Basin, covering 3,680 and 1,590 hectares, respectively. The projects were acquired via low-cost staking and are now available for joint venture option agreements.
Additionally, the Company is pleased to announce the completion of high-resolution ground gravity surveys on the Atlantic and Rocas projects. Designed to identify zones of possible hydrothermal alteration, these surveys upgrade existing drill targets and provide additional vectors for shallow uranium discovery in the eastern Athabasca Basin region.
Highlights
Expanded Uranium Portfolio: Addition of the Umbra and Sable Projects - targeting high-grade* uranium mineralization and increasing exposure to the eastern Athabasca uranium district, providing additional joint venture and land deal opportunities.
Umbra Project: Uranium targets along the confluence of electromagnetic ("EM") conductors, interpreted graphitic/pelitic basement lithologies, and a resistivity low bullseye due west of the McArthur River mine (Figure 2).
Sable Project: Targets across two distinct conductive zones with potential to host high-grade unconformity-related uranium mineralization (Figure 3).
High-Resolution Ground Gravity: Two surveys completed, upgrading high-priority drill targets along conductive structural corridors on the Atlantic and Rocas projects.
Figure 1. Overview of the eastern Athabasca Basin region highlighting Standard Uranium's newly acquired Umbra and Sable projects. Ground gravity surveys were completed on the Rocas project and central Atlantic project claims.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10633/237373_3799cf3f94a21a4f_002full.jpg
Umbra Project
The Umbra project comprises two mineral claims totalling 3,679 hectares, located 19 km WNW of the McArthur River Mine (Figure 2). The project area is 4 km NW along trend from West McArthur mineralized drill holes WMA-010 and WMA-004 which host up to
Figure 2. Overview of Umbra Project.
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https://images.newsfilecorp.com/files/10633/237373_3799cf3f94a21a4f_003full.jpg
Sable Project
The Sable project is comprised of a single mineral claim totalling 1,590 hectares, located 35 km NW of the Cigar Lake uranium mine and approximately 42 km SW of the Hurricane uranium deposit (Figure 1). Sable covers two NE-SW trending magnetic lows, interpreted to represent prospective metasediments within folded granitic rocks (Figure 3). The inferred conductors extend over a strike length of more than 3 kilometres and remain untested by drilling.
Figure 3. Overview of the Sable Project.
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https://images.newsfilecorp.com/files/10633/237373_3799cf3f94a21a4f_004full.jpg
The Company believes the new property acquisitions are prospective for discovery of high-grade unconformity-related uranium mineralization, typical of the eastern Athabasca Basin. Both the Umbra and Sable projects are relatively underexplored and would benefit from the completion of modern geophysical surveying and 3D inversions of historical data sets. The Umbra and Sable projects are available for joint venture and earn-in option opportunities.
Ground Gravity Surveys
MWH Geo-Surveys (Canada) Ltd. was contracted to complete high-resolution ground gravity survey grids along known conductive exploration trends on the Rocas projects and the central claims of the Atlantic project. Both surveys have been completed on time and data is currently in the inversion and modeling process which will provide additional vectoring layers for future drill programs. The surveys are designed to aid in the identification of potential zones of hydrothermal alteration of host rocks associated with uranium mineralization events. The gravity grids across the conductive structural corridors will upgrade drill targets for future exploration programs.
Standard Uranium at VRIC 2025
The Company will be attending and exhibiting at the Vancouver Resource Investment Conference on January 19th and 20th in Vancouver, BC. The conference is located at the Vancouver Convention Centre West and the Standard Uranium team will be at booth #503.
QP Statement
The scientific and technical information contained in this news release has been reviewed, verified, and approved by Sean Hillacre, P.Geo., President and VP Exploration of the Company and a "qualified person" as defined in NI 43-101.
Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company's future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects.
*The Company considers uranium mineralization with concentrations greater than 1.0 wt% U3O8 to be "high-grade".
**The Company considers radioactivity readings greater than 300 counts per second (cps) to be "anomalous".
***Natural gamma radiation in outcrop reported in this news release was measured in counts per second (cps) using a handheld RS-125 super-spectrometer and a downhole Reflex EZ-Gamma probe. Readers are cautioned that scintillometer and gamma probe readings are not uniformly or directly related to uranium grades of the rock sample measured and should be treated only as a preliminary indication of the presence of radioactive minerals.
About Standard Uranium (TSX-V: STND)
We find the fuel to power a clean energy future
Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in the world's richest uranium district. The Company holds interest in over 233,455 acres (94,476 hectares) in the world-class Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.
Standard Uranium's Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, comprises ten mineral claims over 30,737 hectares. Davidson River is highly prospective for basement-hosted uranium deposits due to its location along trend from recent high-grade uranium discoveries. However, owing to the large project size with multiple targets, it remains broadly under-tested by drilling. Recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model and future success is expected.
Standard Uranium's eastern Athabasca projects comprise over 42,384 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.
Standard Uranium's Sun Dog project, in the northwest part of the Athabasca Basin, Saskatchewan, comprises nine mineral claims over 19,603 hectares. The Sun Dog project is highly prospective for basement and unconformity hosted uranium deposits yet remains largely untested by drilling despite its location proximal to uranium discoveries in the area.
For further information contact:
Jon Bey, Chief Executive Officer, and Chairman
Suite 918, 1030 West Georgia Street
Vancouver, British Columbia, V6E 2Y3
Tel: 1 (306) 850-6699
E-mail: info@standarduranium.ca
Cautionary Statement Regarding Forward-Looking Statements
This news release contains "forward-looking statements" or "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: the timing and content of upcoming work programs; geological interpretations; timing of the Company's exploration programs; and estimates of market conditions.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the "Risks and Uncertainties" in the Company's management discussion and analysis for the fiscal year ended April 30, 2024.
Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company's actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: that the transaction with the Optionee will proceed as planned; the future price of uranium; anticipated costs and the Company's ability to raise additional capital if and when necessary; volatility in the market price of the Company's securities; future sales of the Company's securities; the Company's ability to carry on exploration and development activities; the success of exploration, development and operations activities; the timing and results of drilling programs; the discovery of mineral resources on the Company's mineral properties; the costs of operating and exploration expenditures; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); uncertainties related to title to mineral properties; assessments by taxation authorities; fluctuations in general macroeconomic conditions.
The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237373
FAQ
What new uranium projects did Standard Uranium (STTDF) acquire in January 2024?
Where is the Umbra uranium project located relative to McArthur River Mine?
What is the size and location of Standard Uranium's Sable project?
What geophysical surveys did Standard Uranium (STTDF) complete on its Atlantic and Rocas projects?
Are Standard Uranium's new Umbra and Sable projects available for joint ventures?
