Standard Uranium Stock Price, News & Analysis

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.

Standard Uranium completed its winter drill program at the Sun Dog Project in Saskatchewan, featuring a total of 1,242.3 metres across four drill holes. The phase-one drilling intersected several characteristics of a uranium-bearing system, and high-resolution geophysics has identified new high-priority targets for further exploration. Follow-up drilling is planned for winter 2023. Although some holes showed elevated radioactivity, significant concentrations were not found. The company is also preparing to begin drilling at its Davidson River Project in May 2022.

Standard Uranium Ltd. (TSX-V: STND, OTCQB: STTDF) has commenced diamond drilling at its 100% owned Sun Dog Project, located in the Athabasca Basin, Saskatchewan. The company completed a high-resolution ground gravity survey identifying several priority uranium drill targets across the 15,770-hectare site. The drill program aims to explore previously untested high-grade uranium mineralization. Following this, drilling will begin at the Davidson River Project in May 2022. All projects are fully permitted, and contracts with vendors and First Nations have been secured.

Standard Uranium Ltd. (OTCQB: STTDF) has announced the commencement of exploration activities at its Sun Dog Project in Saskatchewan, known for its potential uranium deposits. The project includes six mineral claims over 15,770 hectares, and a drill program of 3,000 meters across ten holes is set to begin in March 2022. Additionally, Sean McGrath has been appointed as President, bringing over 25 years of mining executive experience. The company also granted stock options for 2,860,000 common shares at $0.20 each, aiming to enhance its strategic initiatives.

Standard Uranium announced the final results from its Phase II diamond drilling program at the Davidson River Project, confirming high-grade uranium mineralization. The program consisted of 13 drill holes totaling 3,828 meters, revealing promising targets for follow-up drilling in spring/summer 2022. Additionally, high-grade uranium assays up to 2.95 wt% U3O8 were reported from grab samples at the Sun Dog Project, with plans for an inaugural drilling program beginning in March 2022. The company is focused on building its uranium resource base in the Athabasca Basin.

Standard Uranium Ltd. (OTCQB: STTDF) unveiled its ambitious exploration schedule for 2022, focusing on its flagship Davidson River Project and the inaugural drill at the Sun Dog Project. The company aims to execute multiple drill campaigns and geophysical surveys across its five projects in the prolific Athabasca Basin. Key contractors have been secured, ensuring preparedness for the upcoming activities. The team expressed excitement over high-grade uranium potential and existing alteration zones, indicating a proactive approach to capitalize on the current uranium market surge.