Standard Uranium Expands Corvo Project and Reports Positive Drill Results from Canary Project

Proactive - Interviews for investors

Standard Uranium Vice President of Exploration Sean Hillacre joined Steve Darling from Proactive to announce significant expansions and exploration updates for the company’s uranium projects in Northern Saskatchewan. The Corvo Project has been expanded through low-cost staking, adding three new mineral claims and increasing its size from 7,989 hectares to 12,265 hectares. This strategic addition positions Corvo as a high-value uranium project available for option, enhancing Standard Uranium’s portfolio across the Athabasca Basin, where the company now holds over 220,432 acres. Looking ahead, the company plans to conduct a modern electromagnetic survey in fall 2024 to refine drill targets by defining three main conductor trends. The Corvo Project has demonstrated uranium mineralization along an 800-metre strike length between historical drill holes, with historical surface results showing up to 59,800 ppm U. Hillacre also highlighted findings from the inaugural spring 2024 drill program at the Canary Project, which operates under a three-year earn-in option agreement with Mamba Exploration. Analytical results confirmed moderately anomalous uranium in drill holes CAN-24-001 and CAN-24-003, with Uranium ratios indicating hydrothermal uranium input. Elevated uranium zones were associated with structural zones and lithological contacts, pointing to a uranium-fertile system. Additionally, several key uranium pathfinder elements were found in anomalous quantities, providing valuable vectoring data for future exploration. #proactiveinvestors #standarduraniumltd #tsxv #stnd #otcqb #sttdf #mining #uranium #sundogproject #UraniumExploration #AthabascaBasin #MambaExploration #DrillingSuccess #MineralExploration #HydrothermalAlteration #Radioactivity #Geophysics #ExplorationNews #MiningUpdates #UraniumDeposits #ProjectPartnership #MiningInvestment #ExplorationResults #MineralTargets #GeologicalSurvey #ExplorationPhaseTwo #UraniumIndustry #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews