- Standard Uranium (STND) is mobilizing for a summer drill program at the company’s Davidson River Project
- The company’s flagship property is located in the Southwest Athabasca Uranium District of Saskatchewan
- The company is planning to drill 10,000 metres of diamond drill core to follow up on the results of recent drilling this past winter
- The company’s objective is to make a basement hosted high-grade uranium discovery
- Standard Uranium is up 6.67 per cent, trading at C$0.24 at 12:52 pm ET
Standard Uranium (STND) is mobilizing for a summer drill program at the company’s Davidson River Project.
The Vancouver-based uranium exploration company’s flagship property is located in the Southwest Athabasca Uranium District of Saskatchewan.
The company’s Geotech drilling crew has also mobilized to the 25,886 hectare project, which is between 25 and 30 kilometres to the west of Fission Uranium’s Triple R and NexGen’s Arrow deposits.
The company is planning to drill 10,000 metres of diamond drill core to follow up on the results of recent drilling this past winter. The program will test the previously drilled Warrior and Saint trends and will branch out to test the Thunderbird and Bronco trends for the first time.
The company’s objective is to make a basement-hosted high-grade uranium discovery.
Drilling is expected to commence on the first week of June 2021.
“As we embark on our largest drill program to date it gives me great pleasure to promote Sean Hillacre into the role of VP Exploration. He has added three very skilled and experienced geologists to our team, and I look forward to seeing them all in action at our Davidson River drill program. I would also like to thank Neil McCallum for his continued leadership. He is not only a technically talented geologist but also a strong mentor and under his guidance I am confident all our geologists will flourish and develop,” said Standard Uranium President and CEO Jon Bey.
Standard Uranium has focused on the identification and development of prospective exploration stage uranium projects in the Athabasca Basin in Saskatchewan.
Standard Uranium is up 6.67 per cent, trading at C$0.24 at 12:52 pm ET.