Standard Uranium Announces Mobilization of Exploration Crews to the Corvo Uranium Project, Northern Saskatchewan
Standard Uranium (OTCQB: STTDF) has initiated its 2025 exploration programs at the Corvo Uranium Project in Northern Saskatchewan, with crews mobilizing to the site on July 4, 2025. The project, under a three-year earn-in option agreement with Aventis Energy, features historical high-grade uranium showings including the Manhattan showing with 1.19% to 5.98% U3O8 and SMDI showing with 0.137% U3O8.
The company is conducting detailed mapping and sampling programs to verify historical uranium deposits, while simultaneously analyzing results from a recent airborne TDEM survey. The project's location, 45 km northeast of Atha Energy's Gemini Mineralized Zone and 60 km east of Cameco's McArthur River mine, positions it strategically in a uranium-rich region. An inaugural diamond drill program is planned for Q1 2026.
Standard Uranium (OTCQB: STTDF) ha avviato i suoi programmi di esplorazione per il 2025 presso il Progetto Uranio Corvo nel Nord del Saskatchewan, con le squadre che si sono mobilitate sul sito il 4 luglio 2025. Il progetto, in base a un accordo di opzione earn-in triennale con Aventis Energy, presenta depositi storici di uranio ad alta concentrazione, tra cui la zona Manhattan con 1,19% a 5,98% di U3O8 e la zona SMDI con 0,137% di U3O8.
L'azienda sta conducendo programmi dettagliati di mappatura e campionamento per verificare i depositi storici di uranio, analizzando contemporaneamente i risultati di un recente sondaggio TDEM aereo. La posizione del progetto, a 45 km a nord-est della zona mineralizzata Gemini di Atha Energy e a 60 km a est della miniera McArthur River di Cameco, lo colloca strategicamente in una regione ricca di uranio. È previsto un programma inaugurale di perforazione diamantata per il primo trimestre del 2026.
Standard Uranium (OTCQB: STTDF) ha iniciado sus programas de exploración para 2025 en el Proyecto de Uranio Corvo en el norte de Saskatchewan, con equipos que se movilizaron al sitio el 4 de julio de 2025. El proyecto, bajo un acuerdo de opción earn-in de tres años con Aventis Energy, presenta indicios históricos de uranio de alta ley, incluyendo la zona Manhattan con 1.19% a 5.98% de U3O8 y la zona SMDI con 0.137% de U3O8.
La compañía está realizando programas detallados de mapeo y muestreo para verificar los depósitos históricos de uranio, mientras analiza simultáneamente los resultados de una reciente encuesta aérea TDEM. La ubicación del proyecto, a 45 km al noreste de la Zona Mineralizada Gemini de Atha Energy y 60 km al este de la mina McArthur River de Cameco, lo posiciona estratégicamente en una región rica en uranio. Se planea un programa inaugural de perforación diamantina para el primer trimestre de 2026.
스탠다드 우라늄 (OTCQB: STTDF)은 2025년 7월 4일에 노던 서스캐처원에 위치한 코르보 우라늄 프로젝트에서 2025년 탐사 프로그램을 시작했습니다. 아벤티스 에너지와의 3년간 인수 옵션 계약 하에 진행되는 이 프로젝트는 맨해튼 지역에서 1.19%에서 5.98% U3O8, SMDI 지역에서 0.137% U3O8의 고등급 우라늄 과거 노출 지점을 포함하고 있습니다.
회사는 과거 우라늄 매장량을 확인하기 위해 상세한 지도 작성 및 샘플링 프로그램을 수행하는 동시에 최근 실시된 항공 TDEM 조사 결과를 분석하고 있습니다. 프로젝트 위치는 Atha Energy의 제미니 광화대에서 북동쪽으로 45km, Cameco의 맥아더 리버 광산에서 동쪽으로 60km 떨어져 있어 우라늄이 풍부한 지역에 전략적으로 자리 잡고 있습니다. 2026년 1분기에 첫 다이아몬드 시추 프로그램이 계획되어 있습니다.
Standard Uranium (OTCQB : STTDF) a lancé ses programmes d'exploration 2025 sur le projet d'uranium Corvo dans le nord de la Saskatchewan, avec des équipes mobilisées sur le site dès le 4 juillet 2025. Le projet, dans le cadre d'un accord d'option earn-in de trois ans avec Aventis Energy, présente des indices historiques d'uranium à haute teneur, notamment la zone Manhattan avec 1,19% à 5,98% de U3O8 et la zone SMDI avec 0,137% de U3O8.
L'entreprise réalise des programmes détaillés de cartographie et d'échantillonnage pour vérifier les dépôts historiques d'uranium, tout en analysant simultanément les résultats d'une récente enquête aérienne TDEM. La localisation du projet, à 45 km au nord-est de la zone minéralisée Gemini d'Atha Energy et à 60 km à l'est de la mine McArthur River de Cameco, le positionne stratégiquement dans une région riche en uranium. Un premier programme de forage diamanté est prévu pour le premier trimestre 2026.
Standard Uranium (OTCQB: STTDF) hat seine Erkundungsprogramme für 2025 am Corvo Uranium Projekt in Nord-Saskatchewan gestartet, wobei die Teams am 4. Juli 2025 vor Ort mobilisiert wurden. Das Projekt, das auf einer dreijährigen Earn-in-Optionsvereinbarung mit Aventis Energy basiert, weist historische hochgradige Uranvorkommen auf, darunter die Manhattan-Show mit 1,19% bis 5,98% U3O8 und die SMDI-Show mit 0,137% U3O8.
Das Unternehmen führt detaillierte Kartierungs- und Probenahmeprogramme durch, um historische Uranvorkommen zu verifizieren, während gleichzeitig die Ergebnisse einer kürzlich durchgeführten TDEM-Luftbefragung analysiert werden. Die Lage des Projekts, 45 km nordöstlich der Gemini Mineralized Zone von Atha Energy und 60 km östlich der McArthur River Mine von Cameco, positioniert es strategisch in einer uraniumreichen Region. Ein erstes Diamantbohrprogramm ist für das erste Quartal 2026 geplant.
- Project location near major uranium deposits (45 km from Gemini Mineralized Zone, 60 km from McArthur River mine)
- Historical high-grade uranium showings with up to 5.98% U3O8 at Manhattan showing
- Shallow drill targets with minimal glacial till cover, reducing exploration costs
- Multiple kilometers of conductive anomalies identified through recent TDEM survey
- No modern drilling has been conducted on the property yet
- Historical data requires verification before being relied upon
- Inaugural drilling program not starting until Q1 2026
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) ("Standard Uranium" or the "Company") is pleased to announce that 2025 exploration programs have begun on its Corvo Uranium Project ("Corvo", or the "Project"), currently under a three-year earn-in option agreement with Aventis Energy Inc. ("Aventis") (CSE: AVE). The Company mobilized to site on July 4, 2025, to begin a detailed mapping and sampling program across historical uranium showings and zones of interest.
Highlights:
High-Grade* Uranium at Surface: A prospecting, mapping, and geochemical sampling program is currently underway to ground-truth historical uraniferous outcrops including the Manhattan showing (1.19 to
5.98% U3O8) and SMDI showing 2052 (0.137% U3O8 and 2,300 ppm Th)1.Integrated Target Development: The results of the recent airborne TDEM survey2 are currently undergoing geophysical inversion, interpretation, and modelling to prioritize target areas for inaugural drilling.
Inaugural Drill Program: A diamond drill program is being planned for Q1 2026 to begin testing targets developed and ranked through the detailed programs that will be executed in 2025.
"Getting boots on the ground at Corvo for the first time has been exceptional so far. Confirming the multiple historical uranium showings on the Project and taking new samples will allow us to confirm uranium grades and build a comprehensive understanding of the geology across Corvo prior to our maiden drill program," said Sean Hillacre, President & VP Exploration of Standard Uranium. "Additionally, we have multiple work programs planned that will add value and bolster our targeting strategy on the project throughout 2025."
Figure 1. Regional map of the Corvo Project. The Project is located 45 km northeast of Atha Energy's Gemini Mineralized Zone ("GMZ") and 60 km due east of Cameco's McArthur River mine.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10633/258003_ef7422bf84445981_001full.jpg
2025 Exploration Plans
The Company's technical team mobilized to the Corvo Project on July 4, 2025, to undertake a detailed mapping, prospecting, and sampling program to ground-truth historical uranium showings at surface. Collected grab samples will be transported to Saskatchewan Research Council Geoanalytical Laboratories in Saskatoon, SK for geochemical analysis. Results will be released and incorporated into the first NI 43-101 technical report on the Project.
Supplementary geophysical surveys across the Project are being designed to further refine drill targets for an inaugural drill program. The Company plans to complete a high-resolution ground gravity survey across the main conductive trends on the Project, aiming to identify potential hydrothermal alteration halos which could be related to basement-hosted uranium mineralization.
Earlier this year, the Company contracted Axiom Exploration Group Ltd. in partnership with New Resolution Geophysics to carry out a helicopter-borne Xcite time domain electromagnetic and total field magnetic survey over the Corvo Project. The survey totalled approximately 1,380 line-kms with a traverse line spacing of 100 m and tie-line spacing of 1,000 m. The airborne TDEM survey outlines several kilometers of conductive anomalies and magnetic features in bedrock, effectively enhancing the resolution of the conductive trends on the project.
The magnetic survey component of the TDEM survey contributes to definition of potential fault systems and structural trends not previously identified across the project related to historical uranium showings at surface and in historical drill holes.
Ongoing geophysical interpretation and modeling is planned throughout 2025 to integrate historical surveys with newly collected datasets, which will provide high-priority drill targets and significantly derisk the Project prior to modern drilling next year.
The Company believes the Project is highly prospective for the discovery of shallow, high-grade basement-hosted uranium mineralization akin to the Rabbit Lake deposit and the recently discovered Gemini Mineralized Zone. Located just outside the current margin of the Athabasca Basin, Corvo boasts shallow drill targets with bedrock under minimal cover of glacial till. Several outcrop showings of mineralized veins and fractures are present on the Project, notably the Manhattan Showing that returned historical sample results up to 59,800 ppm U at surface1 and has never been drill tested.
Figure 2. Summary map showing low/EM conductor trends on the Corvo project and highlighting historical samples and drill holes with anomalous uranium and/or radioactivity, with first vertical derivative magnetics in the background.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10633/258003_ef7422bf84445981_002full.jpg
*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".
Qualified Person 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. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization.
References
1 SMDI# 2052: https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/2052 & Mineral Assessment Report MAW00047: Eagle Plains Resources Inc., 2011-2012
2 Standard Uranium Provides Exploration Update Highlighting Results of Gravity and TDEM Surveys on Three Eastern Athabasca Uranium Projects, News Release, March 13, 2025. https://standarduranium.ca/news-releases/standard-uranium-provides-exploration-update-tdem-surveys-on-three-eastern-athabasca-uranium/
About Standard Uranium (TSXV: 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, is comprised of 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 sufficient drilling despite its location proximal to uranium discoveries in the area.
For further information contact:
Jon Bey, Chief Executive Officer, and Chairman
Suite 3123, 595 Burrard Street
Vancouver, British Columbia, V7X 1J1
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/258003
FAQ
What are the uranium grades found at Standard Uranium's (STTDF) Corvo Project's Manhattan showing?
When will Standard Uranium begin drilling at the Corvo Uranium Project?
Where is Standard Uranium's Corvo Project located relative to other uranium mines?
What exploration activities is Standard Uranium currently conducting at Corvo?
How many line-kilometers were covered in Standard Uranium's recent TDEM survey at Corvo?
