- Standard Uranium (STND) has started its winter drill program at the company’s Sun Dog Project
- The Vancouver-based mineral exploration company announced high-resolution geophysical surveys are currently underway
- The project is located in Saskatchewan’s northwestern Athabasca Basin
- Drill crews are scheduled to mobilize in three weeks
- Approximately 3,000 metres over 10 diamond drill holes is planned, to follow up on known uranium mineralization
- Standard Uranium is down 2.5 percent, trading at $0.20 at 11:33 a.m. EST
Standard Uranium (STND) has started its winter drill program at the company’s Sun Dog Project.
The Vancouver-based mineral exploration company announced high-resolution geophysical surveys are currently underway on the project, which is located in Saskatchewan’s northwestern Athabasca Basin.
Drill crews are scheduled to mobilize in three weeks with drilling scheduled to commence during the first week of March.
The project is comprised of six mineral claims over 15,770 hectares and is highly prospective for basement-hosted and unconformity-related uranium deposits.
The high-resolution ground gravity and UAV magnetic surveys will refine specific drill targets.
Approximately 3,000 metres over 10 diamond drill holes are planned, subject to weather and ice conditions, to follow up on known high-grade uranium mineralization.
The ice road access to the project is presently underway, and Standard Uranium geologists and drill crews are slated to mobilize to the site the last week of February.
The company also announced that Sean McGrath has been appointed president. He will be working alongside Standard Uranium CEO Jon Bey as the company advances its uranium projects.
“We are thrilled that Sean has agreed to bring his experience to Standard Uranium as our new President. With a background in the resource sector and capital markets, he is a great fit for Standard Uranium in our exploration and growth stage. I look forward to working closely with him as we continue to unlock value for Standard Uranium shareholders,” said Bey.
Standard Uranium is down 2.5 percent, trading at $0.20 at 11:33 a.m. EST.