- Standard Uranium stock (TSXV:STND) was up by 50 per cent in early morning trading after announcing positive geophysical results from three of its uranium projects in the Eastern Athabasca Basin
- The field team is currently refining multiple drill targets across the projects
- Standard Uranium is a junior miner developing a portfolio with data-driven upside in Saskatchewan’s Athabasca Basin, the world’s richest uranium district
- Standard Uranium stock has given back 68.18 per cent year-over-year and 92.22 per cent since 2020
Standard Uranium stock (TSXV:STND) was up by 50 per cent in early morning trading after announcing positive geophysical results from three of its uranium projects in the Eastern Athabasca Basin.
Two high-resolution ground gravity surveys on the Atlantic and Rocas projects and an airborne time domain electromagnetic survey on the Corvo project are yielding prospective drill targets backed by historical exploration data.
The company intends to develop the projects into “turn-key opportunities for potential partners,” according to Thursday’s news release, having added over 45,000 acres in 2024 through project expansion and staking in the eastern Athabasca. Standard Uranium’s total portfolio in the Athabasca stands at more than 233,000 acres.
Leadership insights
“The discovery potential on our Eastern Athabasca projects continues to expand through meaningful exploration, and the results of the recent geophysical programs have bolstered our targeting strategy in this exciting district,” Sean Hillacre, Standard Uranium’s president and vice president of exploration, said in a statement. “With these newly acquired layers of geoscience in our targeting toolbox, our technical team and I are eager to get these projects optioned and begin testing multiple exciting new target areas.”
About Standard Uranium
Standard Uranium is a junior miner developing a portfolio with data-driven upside in Saskatchewan’s Athabasca Basin, the world’s richest uranium district.
Standard Uranium stock (TSXV:STND) is up by 50 per cent trading at C$0.10 per share as of 9:35 am ET. The stock has given back 68.18 per cent year-over-year and 92.22 per cent since 2020.
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