202626 releases
Standard Uranium Confirms Strong Radioactivity up to 48,000 cps at Surface and Discovers New Showings at the Corvo Uranium Project
Standard Uranium reports preliminary 2026 prospecting results at its Corvo Uranium Project in northern Saskatchewan, with handheld scintillometer readings of 20,000 to 48,000 cps in outcrop at the Manhattan East showing and a newly discovered showing on the Brooklyn trend reading up to 13,400 cps. Nine outcrop grab samples are at SRC laboratories, and assay results will be released once received and reviewed by the qualified person.
Drill resultsStandard Uranium Provides Update on $3 Million Strategic Investment & Announces Extension to Closing Date of Private Placement
The deadline to file final closing materials for Standard Uranium's $3 million non-brokered private placement has been extended from October 18, 2026 to November 16, 2026, with TSX Venture Exchange approval. The strategic investor, a Southeast Asian conglomerate, is acquiring 39,215,686 units at $0.0765 per unit and is in the final stages of obtaining required governmental and banking approvals in its local jurisdiction. All other terms of the offering remain unchanged.
FinancingStandard Uranium Initiates Partner Funded Surface Exploration Program at the Corvo Uranium Project, Eastern Athabasca Basin, Saskatchewan
Exploration crews mobilized on October 1, 2026 to begin mapping, prospecting and geochemical sampling at the Corvo Uranium Project in the eastern Athabasca Basin, Saskatchewan, targeting historical and newly identified showings including the Manhattan showing (1.19 to 8.10% U3O8) and SMDI showing 2052 (0.137% U3O8 and 2,300 ppm Th). Aventis Energy Inc. is funding the program under a three-year earn-in option agreement dated May 8, 2025, with Standard Uranium as operator. A second phase drill program is being planned for 2027.
Drill resultsStandard Uranium Intersects Significant Structure, Alteration, and Anomalous Radioactivity in Multiple Drill Holes at the Davidson River Project; Concludes Summer Drill Program
Drilling has concluded at the Davidson River uranium project in the southwest Athabasca Basin, Saskatchewan, with 6,734 metres completed in twelve diamond drill holes along the Warrior, Bronco and Thunderbird conductor corridors between June 1, 2026 and program end. Three holes returned anomalous radioactivity above 300 counts per second, totalling 5.0 metres of composite radioactivity, with a maximum of 1,650 cps in hole DR-26-040. Whole-rock geochemical assays and U3O8 results from SRC Geoanalytical Laboratories are pending.
Drill resultsStandard Uranium Announces AGM Results and Granting of Compensation Securities
Shareholders at the September 24, 2026 Annual General Meeting approved all business items, setting the board at five directors and re-electing Jon Bey, Blair Jordan, Kenneth Judge, Mike Young and Douglas Engdahl, appointing Davidson & Company LLP as auditor, and re-approving the Omnibus Plan. The company also granted 2,300,000 incentive stock options exercisable at $0.08 until September 25, 2031, vesting in five equal parts over twelve months, and 4,050,000 restricted share units vesting September 25, 2027, to directors, officers and consultants.
CorporateStandard Uranium Announces Extension to Closing Date of Private Placement
The TSX Venture Exchange has approved an extension of the deadline for Standard Uranium to file final closing materials for its previously announced private placement, from September 21, 2026 to October 18, 2026. All other terms and conditions of the offering remain unchanged, and the company will issue a news release once the offering is completed.
FinancingStandard Uranium Highlights Uranium Fertile System at the Corvo Uranium Project
Geological and geochemical assay results from the winter 2026 drill program at the Corvo Uranium Project near Wollaston Lake, northeastern Saskatchewan, returned anomalous uranium in all nine completed drill holes, totalling 55 metres above 10 ppm U (partial), including 23 metres above 50 ppm and 13 metres above 100 ppm. The program comprised 2,457 metres across ten reconnaissance holes at the Manhattan, Brooklyn and Tribeca targets, funded by Aventis Energy under a three-year earn-in option. A second phase drill program is planned for 2027.
Drill resultsSTANDARD URANIUM REACHES AGREEMENT FOR $3 MILLION STRATEGIC INVESTMENT
Standard Uranium has agreed to a C$3,000,000 non-brokered private placement with an arm's length Southeast Asian conglomerate, issuing 39,215,686 units at C$0.0765 per unit for roughly 19.7% non-diluted ownership. Each unit includes one share and one-half warrant exercisable at C$0.115 for 36 months, subject to accelerated expiry if shares close at C$0.30 or higher for ten consecutive trading days. Proceeds are earmarked for exploration at the Davidson River Project in Saskatchewan and working capital, with the investor gaining pro rata participation and one board nomination right above 10% ownership. Closing requires TSX Venture Exchange and other approvals.
FinancingSTANDARD URANIUM CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT
The second and final tranche of a non-brokered private placement has closed, with 750,000 units issued at $0.10 per unit for gross proceeds of $75,000, bringing total proceeds to $964,700 from 9,647,000 units. Each unit includes one common share and one-half warrant exercisable at $0.15 for 36 months, subject to accelerated expiry; finders' fees of $4,500 and 45,000 finders' warrants were paid. Net proceeds will fund exploration at the Davidson River project in Saskatchewan's Athabasca Basin and working capital.
FinancingStandard Uranium Confirms Uranium Enrichment in all Winter 2026 Drill Holes at the Corvo Uranium Project
Geochemical assays from the winter 2026 drill program at the Corvo Uranium Project near Wollaston Lake, northeastern Saskatchewan, returned anomalous uranium in all nine completed drill holes, with intervals above 100-350 ppm U in six holes and boron up to 13,600 ppm at 172.5 m in CRV-26-002. The program totalled 2,457 metres over ten reconnaissance holes at the Manhattan, Brooklyn and Tribeca targets, funded by Aventis Energy under a three-year earn-in option. Hole CRV-26-009 returned TREO plus yttrium above 0.1%. The TSXV extended the final closing date for the private placement from July 11 to August 11, 2026.
Drill resultsSTANDARD URANIUM ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT
A first tranche of a non-brokered private placement closed with the issuance of 8,897,000 units at $0.10 per unit for gross proceeds of $889,700, each unit comprising one common share and one-half warrant exercisable at $0.15 for 36 months, subject to accelerated expiry above $0.30 for ten consecutive trading days. Finder's fees of $34,800 and 348,000 finder's warrants were paid, and a director subscribed for 1,000,000 units. Proceeds are for exploration at the Davidson River project in Saskatchewan and working capital; a further tranche is intended.
FinancingStandard Uranium Provides Drilling Update on the 2026 Drill Program at Flagship Davidson River Project - Announces Elevated Radioactivity in First Drill Hole
The first hole of the 2026 drill program at the Davidson River Project in the southwest Athabasca Basin, Saskatchewan, DR-26-040 on the Bronco corridor, intersected three metres of anomalous radioactivity (>300 cps) with peaks of 540, 780 and 1,650 cps from 464.0 to 466.0 metres. Drilling started June 1, 2026, with 900 metres completed in two holes on the Bronco and Thunderbird corridors; the second hole, DR-26-041, shows no elevated radioactivity to date. Geochemical assays are pending and drilling is planned through August 2026.
Drill resultsStandard Uranium Initiates 2026 Drill Program at the Davidson River Uranium Project, Southwest Athabasca Basin
Drilling began May 29, 2026 at the Davidson River uranium project in the southwest Athabasca Basin, Saskatchewan, the first drilling there since 2022. The helicopter-supported program is planned to exceed approximately 8,000 metres of diamond drilling over roughly twelve weeks, using two rigs to test targets along the Bronco, Thunderbird and Warrior conductive corridors. Targets were ranked using ExoSphere Multiphysics surveys combining 3D ANT, HVSR and ground gravity data with prior drilling and geophysical datasets.
Drill resultsStandard Uranium Increases Drill Program Size at Flagship Davidson River Project and Announces Non-Brokered Private Placement
A non-brokered private placement of up to $4,000,000 at $0.10 per unit, each unit comprising one common share and one-half warrant exercisable at $0.15 for 36 months, with accelerated expiry if shares close at or above $0.30 for ten consecutive trading days. Proceeds will fund an expanded 2026 summer drill program at the 30,737-hectare Davidson River Project in Saskatchewan's southwest Athabasca Basin, using two rigs across the Warrior, Bronco and Thunderbird corridors. Mobilization to site is set for May 31, 2026, with permits and the Clearwater River Dene Nation Exploration Agreement in place.
Drill resultsStandard Uranium Announces Closing of LIFE Offering
A financing under the listed issuer financing exemption has closed, with 9,000,000 units issued at $0.10 per unit, each unit comprising one common share and one-half warrant exercisable at $0.15 from the 61st day after closing until 36 months from closing, subject to accelerated expiry if the shares close at or above $0.30 for ten consecutive trading days. Net proceeds will fund exploration at the Davidson River project in Saskatchewan's Athabasca Basin and working capital. A finder's fee of $54,000 and 540,000 finders' warrants were paid.
FinancingSTANDARD URANIUM ANNOUNCES LIFE OFFERING
Up to 9,000,000 units at $0.10 per unit will be offered for gross proceeds of up to $900,000 under the listed issuer financing exemption, with each unit comprising one common share and one-half warrant exercisable at $0.15 from the 61st day after closing until 36 months from closing, subject to accelerated expiry if shares close at or above $0.30 for ten consecutive trading days. Net proceeds are earmarked for exploration at the Davidson River project in Saskatchewan and working capital. Closing requires TSXV approval, and finders' fees may be paid.
FinancingStandard Uranium Returns to Flagship Project; Locks in Drill-Ready Targets at Davidson River
Planning is in the final stages for a 2026 drill program at the Davidson River Project in the southwest Athabasca Basin, Saskatchewan, the first drilling there since 2022, with mobilization to site set for May 31, 2026 and two drill rigs deployed simultaneously. Targets have been prioritized across the Warrior, Bronco and Thunderbird conductor corridors using ExoSphere Multiphysics surveys, ground gravity, EM conductors and machine-learning targeting. Drill permits are secured and a Clearwater River Dene Nation Exploration Agreement has been signed. Davidson River covers 30,737 hectares across ten claims.
CorporateStandard Uranium Intersects Anomalous Radioactivity and Graphitic Reactivated Structure at Rocas Uranium Project; Initial Drill Program Complete
Four reconnaissance drill holes totalling 962 metres have been completed at the Rocas Uranium Project, 75 kilometres southwest of the Key Lake mill in Saskatchewan, under a three-year earn-in option agreement with Collective Metals Inc. Three holes intersected anomalous radioactivity above 300 cps, totalling 1.5 metres composite, with peaks of 650 cps in ROC-26-001, 360 cps in ROC-26-003 and 320 cps in ROC-26-004. All four holes cut graphitic metasediments totalling 114 m downhole. Assays are pending and a phase two program is being designed.
Drill resultsStandard Uranium Executes Exploration Agreement with Kineepik Métis Local Inc.
An Exploration Agreement has been signed with Kineepik Métis Local Inc., which represents Métis rights holders in the vicinity of the Village of Pinehouse, Saskatchewan, 225 kilometres south of the Key Lake mine and mill. Standard Uranium's Rocas project lies within the KML land and occupancy area. The agreement covers information-sharing, environmental protection and monitoring, employment and training opportunities, and benefit-sharing supporting KML business and community development.
CorporateStandard Uranium Initiates Inaugural Drill Program at the Rocas Uranium Project, Southeast Athabasca Basin
Diamond drilling began March 16, 2026 at the Rocas Uranium Project, located 75 kilometres southwest of the Key Lake Mine and Mill along Highway 914 in the southeastern Athabasca Basin, Saskatchewan. The Phase I program comprises approximately 1,200 to 1,500 metres across six to eight holes targeting basement-hosted uranium at depths less than 200 metres over roughly five weeks, including the first drill testing of a 7.5-kilometre EM corridor. Collective Metals is funding the program under an earn-in option to acquire 75% by spending CAD$4.5M over three years, with Standard Uranium as operator.
Drill resultsStandard Uranium Confirms Anomalous Uranium and High-Grade Rare Earth Element Mineralization up to 9.83% TREO* at Surface on the Rocas Project
Final assays from the 2025 mapping and prospecting program at the Rocas Uranium Project in Saskatchewan returned uranium values of 0.007% to 0.409% U3O8 from 16 outcrop and boulder grab samples, with a newly identified pegmatite outcrop grading 9.83% TREO* and 0.016% U3O8. Several samples exceeded 1.0% TREO*. The project is under a three-year earn-in option agreement with Collective Metals Inc., and the first diamond drill program is scheduled to begin in March 2026 along a 7.5-kilometre magnetic low and EM conductive corridor.
Drill resultsStandard Uranium Announces Plans for Inaugural Drill Program at the Rocas Uranium Project
A first-ever drill program has been finalized for the Rocas Uranium Project in the eastern Athabasca Basin, Saskatchewan, with Phase I comprising approximately 1,200 to 1,500 metres across six to eight holes targeting shallow basement-hosted uranium at depths of roughly 100 to 200 metres; drill crews may mobilize as early as mid-March. Collective Metals will fund 100% of the program to meet year-one expenditures under its option to earn 75% by spending CAD$4.5M over three years. Standard Uranium remains operator. September 2025 prospecting identified radioactivity up to 33,000 cps, with ten occurrences above 10,000 cps; assays pending.
Drill resultsStandard Uranium Initiates Winter Drill Program at Corvo Uranium Project, Southeast Athabasca Basin
Diamond drilling began February 9, 2026 at the 12,364-hectare Corvo Uranium Project near Wollaston Lake in northeastern Saskatchewan, with approximately 2,500-3,000 metres planned across eight to ten holes over five to six weeks, starting at the Manhattan target where 2025 prospecting returned grab samples up to 8.10% U3O8. Aventis Energy Inc. is funding 100% of the program under a three-year earn-in option to acquire 75% of the project by spending CAD$6M over three years; Standard Uranium is operator.
Drill resultsStandard Uranium Set to Drill the Corvo Project including the High-Grade Manhattan Uranium Showing with 8.10% U3O8 Surface Sample
Mobilization is underway for a maiden diamond drilling campaign at the Corvo Uranium Project in the eastern Athabasca Basin, Saskatchewan, with the crew scheduled to be enroute by the end of this week. The program comprises approximately 3,000 metres of skid-supported diamond drilling across eight to ten holes, testing the Manhattan Showing, where outcrop grab samples returned up to 8.10% U3O8. Corvo is under a three-year earn-in option with Aventis Energy Inc., which can earn 75% by funding CAD$6M in exploration over three years.
Drill resultsStandard Uranium Prepares to Mobilize for Inaugural Drill Program and Announces Completion of Ground Gravity Survey on the Corvo Uranium Project
Drilling plans have been finalized for the first drill program on the Corvo Uranium Project in the eastern Athabasca Basin, Saskatchewan, with approximately 2,500–3,000 metres across 8-10 skid-supported diamond drill holes targeting basement-hosted uranium less than 200–300 metres below surface, beginning February 2026. Targets include the never-before-drilled Manhattan Showing, where grab samples returned up to 8.10% U3O8 at surface. Aventis Energy is funding 100% of the program under a three-year option to earn 75% by spending CAD$6M.
Drill results
202538 releases
Standard Uranium Welcomes Doug Engdahl to the Board of Directors and Recognizes Retiring Directors Neil McCallum and Zoya Shashkova
Doug Engdahl, P.Geo., President and CEO of Axiom Exploration Group Ltd., has been appointed a Non-Executive Director of Standard Uranium Ltd. effective immediately and will join the audit committee. He was granted 250,000 restricted share units under the company's Omnibus Incentive Plan, vesting December 18, 2026. Directors Neil McCallum and Zoya Shashkova are retiring from the board, with McCallum continuing as Lead Technical Advisor.
ManagementStandard Uranium Retains 100% Unencumbered Ownership of the Sun Dog Project Through Conclusion of Property Option Agreement
The October 20, 2023 property option agreement with Aero Energy Ltd., under which Aero could earn up to 100% of the Sun Dog Project, concluded effective December 11, 2025, returning full unencumbered ownership to Standard Uranium. Sun Dog covers 48,443 acres (19,604 ha) across nine mineral claims 15 km southeast of Uranium City on the northern margin of Saskatchewan's Athabasca Basin and hosts the historical Gunnar Mine, which produced approximately 18M lbs U3O8 between 1953 and 1981. The Company is planning further exploration on the project.
AcquisitionStandard Uranium Receives Drill Permits and Initiates Ground Gravity Survey on the Corvo Uranium Project
An 18-month exploration permit has been received for the Corvo Uranium Project in northern Saskatchewan, held under a three-year earn-in option agreement with Aventis Energy. MWH Geo-Surveys mobilized November 24, 2025 to complete a 50 m x 200 m ground gravity survey with more than 5,000 stations over 29 km of conductive strike length. A skid-assisted diamond drill program of approximately 3,000 metres is planned for winter 2026, targeting the Manhattan Showing, where grab samples returned up to 8.10% U3O8.
CorporateStandard Uranium Outlines 2026 Exploration Plans and Highlights Successful 2025 Programs
Drill programs totalling approximately 8,000 metres at the Davidson River project in spring 2026, roughly 3,000 metres at Corvo in winter 2026 and about 1,800 metres at Rocas in winter 2026 are planned in the Athabasca Basin, northern Saskatchewan, with a 50 m x 200 m ground gravity survey over more than 29 km of conductive strike length at Corvo in December 2025. Corvo, Rocas and Sun Dog are under three-year earn-in option agreements with Aventis Energy, Collective Metals and Aero Energy. The Company granted 1,475,000 options at $0.11 until November 6, 2030 and 3,350,000 RSUs.
Drill resultsStandard Uranium Closes Final Tranche of Private Placement
The final tranche of a non-brokered private placement closed for gross proceeds of $1,513,500, through the issuance of 15,135,000 flow-through units at $0.10 each, bringing total Offering proceeds to $3,337,400 from 15,598,750 non-flow-through units at $0.08 and 20,895,000 flow-through units at $0.10. Each unit includes a half warrant exercisable at $0.15 until October 28, 2027; finders' fees of $69,360 and 693,600 finders' warrants were paid on the final tranche. Proceeds are intended for exploration of the company's Saskatchewan uranium projects and working capital.
FinancingStandard Uranium Announces Filing of NI 43-101 Technical Report on the Corvo Uranium Project, Northern Saskatchewan
An NI 43-101 technical report on the Corvo uranium project in northeastern Saskatchewan has been filed, co-prepared by Axiom Exploration Group Ltd. with an effective date of October 24, 2025, and contains no mineral resource estimate. Corvo covers 12,265 hectares 1.5 km outside the Athabasca Basin margin and is under option to Aventis Energy Inc., which can earn 75% by funding C$4.5 million in exploration, C$225,000 in cash payments and C$725,000 in shares over three years.
Study resultsStandard Uranium Confirms Strong Radioactivity at Surface During Successful Exploration Program at the Rocas Uranium Project
A mapping, prospecting and sampling program completed September 30 to October 8, 2025 at the 4,002-hectare Rocas Uranium Project in Saskatchewan, under a three-year earn-in option with Collective Metals, recorded 73 handheld scintillometer readings above 300 cps, including 10 above 10,000 cps and a peak of >33,000 cps at SMDI showing 5781. Sixteen outcrop and boulder grab samples were sent to the Saskatchewan Research Council for uranium and REE analysis. A first diamond drill program is planned for 2026 along the 7.5 km conductive corridor.
Drill resultsStandard Uranium Announces Closing of LIFE Offering
Closing of a listed issuer financing exemption offering saw 25,000,000 flow-through units issued at $0.10 per FT Unit, each comprising one flow-through common share and one-half warrant exercisable at $0.15 until October 15, 2027. Finders' fees of $150,000 and 1,500,000 finders' warrants on the same terms were paid. The company continues to offer up to a further 16,761,000 FT Units at $0.10 for gross proceeds of up to $1,676,100 under the accredited investor exemption, subject to TSX Venture Exchange approval. Proceeds are for exploration of its Saskatchewan uranium projects.
FinancingStandard Uranium Executes Definitive Agreement to Option Rocas Uranium Project and Initiates Inaugural Exploration Program
A definitive property option agreement dated September 26, 2025 with Collective Metals Inc. grants Collective the option to earn a 75% interest in the 4,002-hectare Rocas Project in the eastern Athabasca Basin, Saskatchewan, through $250,000 in cash payments, $700,000 in shares and $4,500,000 in exploration expenditures over three years. Standard Uranium retains 25% and a 2.5% NSR, 1.0% of which is buyable for $1,000,000, and acts as operator. The technical team mobilized September 30, 2025 for mapping, prospecting and sampling. Historical grab samples graded up to 0.5 wt.% U3O8.
AcquisitionStandard Uranium Closes Second Tranche of Private Placement and Announces Life Offering
A second tranche of Standard Uranium's non-brokered private placement closed for gross proceeds of $484,000, comprising 1,550,000 non-flow-through units at $0.08 and 3,600,000 flow-through units at $0.10, each with a half warrant exercisable at $0.15 until September 24, 2027; finders' fees of $21,000 and 210,000 finders' warrants were paid. Total raised to date is $1,320,100, with a final tranche targeted before October 31, 2025 to reach $3,500,000. A separate LIFE offering of up to 20,000,000 FT Units was also announced, with proceeds for Saskatchewan uranium exploration and working capital.
FinancingStandard Uranium Confirms Strong Radioactivity During Successful Exploration Program at the Corvo Uranium Project
Preliminary results from a July 4 to July 16, 2025 mapping, prospecting and sampling program at the Corvo Uranium Project in Saskatchewan, held under a three-year earn-in option agreement with Aventis Energy, included handheld scintillometer readings above 65,535 cps at surface at the historical Manhattan showing and 112 readings over 300 cps, including six above 10,000 cps and one up to 13,500 cps. Thirty grab samples were sent to the Saskatchewan Research Council for analysis. A ground gravity survey is planned for Q4 2025 and diamond drilling for Q1 2026.
Drill resultsStandard Uranium Executes Letter of Intent to Option Rocas Uranium Project in Eastern Athabasca Basin
A non-binding letter of intent dated September 15, 2025 grants Collective Metals Inc. an option to acquire a 75% interest in the 4,002-hectare Rocas uranium project in the eastern Athabasca Basin, Saskatchewan, over three years through $225,000 in cash payments, $725,000 in shares and $4,500,000 in exploration expenditures. Standard Uranium will operate the project for fees of 10% of expenditures in Year 1 and 12% in Years 2 and 3, retaining 25% and a 2.5% NSR royalty, of which 1.0% is repurchasable for $1,000,000. Historical outcrop grab samples along about 900 metres of strike graded up to 0.50 wt.% U3O8 and have not been drill tested.
AcquisitionStandard Uranium Announces Closing of First Tranche of Private Placement
An initial tranche of Standard Uranium's non-brokered private placement closed for gross proceeds of $836,100, comprising 7,751,250 non-flow-through units at $0.08 and 2,160,000 flow-through units at $0.10, each with one-half warrant exercisable at $0.15 until September 16, 2027. Finders' fees of $33,275 and 393,450 finders' warrants were paid; insiders took 337,500 NFT Units. Proceeds will fund exploration of the Company's Saskatchewan uranium projects and working capital, with a further tranche intended.
FinancingStandard Uranium Generates New High-Priority Uranium Targets at Flagship Davidson River Project Following ExoSphere Multiphysics Surveys
ExoSphere Multiphysics surveys combining 3D ambient noise tomography, HVSR and ground gravity have been completed on the Warrior, Bronco and Thunderbird conductor trends at the Davidson River Project in the southwest Athabasca Basin, Saskatchewan, identifying gravity-low anomalies overlapping known EM conductors, basement faults and velocity lows to define new drill targets. A four-to-six-week diamond drill program, the first at the project since 2022, is scheduled to begin in early September 2025, with permits and Exploration Agreements with Clearwater River Dene Nation in place. The non-brokered private placement for up to C$3,500,000 continues, with an initial tranche expected shortly.
Drill resultsStandard Uranium Announces Davidson River Drill Program and Private Placement
A 4 to 6-week diamond drill program is scheduled to begin in early September 2025 at the Davidson River project in the southwest Athabasca Basin, northern Saskatchewan, the first drilling there since 2022, with permits secured and Exploration Agreements signed with Clearwater River Dene Nation. Targets were refined by an ExoSphere Multiphysics survey completed May 26 to July 8, 2025 over the Warrior, Bronco and Thunderbird corridors. A non-brokered private placement seeks up to C$3,500,000 at C$0.08 per unit and C$0.10 per flow-through unit, with half-warrants exercisable at C$0.15 for 24 months.
Drill resultsStandard Uranium Completes the First ExoSphere Multiphysics Program in the Southwestern Athabasca Basin on the Davidson River Project
Three ExoSphere Multiphysics survey grids have been completed with Fleet Space Technologies Canada Corp. on the 30,737-hectare Davidson River Project in the southwest Athabasca Basin, Saskatchewan, covering the Warrior, Bronco and Thunderbird conductor corridors between May 26 and July 8, 2025. The surveys combined ambient noise tomography, horizontal-to-vertical spectral ratio and ground gravity data, now undergoing joint inversion and modelling. A diamond drill program is planned for August–September 2025, the first on the project since 2022.
NewsStandard Uranium Announces Mobilization of Exploration Crews to the Corvo Uranium Project, Northern Saskatchewan
Exploration crews mobilized on July 4, 2025 to the Corvo Uranium Project in northern Saskatchewan, held under a three-year earn-in option agreement with Aventis Energy Inc., to conduct mapping, prospecting and geochemical sampling over historical uranium showings including the Manhattan showing (1.19 to 5.98% U3O8) and SMDI showing 2052 (0.137% U3O8 and 2,300 ppm Th). Results of a recent 1,380 line-km airborne TDEM survey are undergoing inversion and modelling, and a high-resolution ground gravity survey is planned. A diamond drill program is planned for Q1 2026.
Drill resultsStandard Uranium Provides Exploration Update on Successful Project Generation and New JV Opportunities
An exploration update covers Standard Uranium's portfolio of more than 233,000 acres (94,476 hectares) across Saskatchewan's Athabasca Basin, with nine uranium projects currently available for option. The Corvo project joint venture earn-in completed this year totals more than $5.9M in work commitments and payments to the Company over three years, with a ground truth sampling program in July, a ground geophysical program in the fall, and an inaugural drill program in 2026. The Atlantic, Rocas, Ascent and Canary projects are described as drill ready within 30 days of signing definitive agreements.
Drill resultsSTANDARD URANIUM PROVIDES EXPLORATION UPDATE ON FLAGSHIP DAVIDSON RIVER PROJECT
Three ExoSphere Multiphysics geophysical survey grids, combining Ambient Noise Tomography, Horizontal-to-Vertical Spectral Ratio and ground gravity, are being completed with Fleet Space Technologies Canada Corp. over the Warrior, Bronco and Thunderbird conductive corridors at the 30,737-hectare Davidson River Project in the southwest Athabasca Basin, Saskatchewan. Work began May 26, 2025; one grid is complete and a second is underway, with data to guide summer 2025 drill targeting. Standard Uranium also issued 7,000,000 common shares to Fleet Space at a deemed price of $0.075 in lieu of $525,000 in fees, restricted until October 17, 2025.
Drill resultsStandard Uranium Announces Exploration Plans at the Corvo Project with Option Partner Aventis Energy Inc.
A 2025 exploration program is planned at the Corvo Uranium Project in Saskatchewan, held under a three-year earn-in option agreement with Aventis Energy Inc. Work includes prospecting, mapping and geochemical sampling in July 2025 to ground-truth historical showings including Manhattan (1.19 to 5.98% U3O8) and SMDI 2052 (0.137% U3O8 and 2,300 ppm Th), plus a ground gravity survey in Q4 2025. An inaugural diamond drill program is planned for Q1 2026.
Drill resultsStandard Uranium Announces Intent to Complete NI 43-101 Technical Report on the Corvo Uranium Project, Eastern Athabasca Basin
Axiom Exploration Group Ltd. has been contracted to prepare an NI 43-101 technical report on the Corvo Uranium Project on the eastern margin of the Athabasca Basin, northern Saskatchewan, compiling historical data plus newly acquired TDEM and sampling data from 2025 programs. Corvo is under a three-year earn-in option agreement with Aventis Energy Inc. Historical drilling returned 0.116% U3O8 over 1.05 m (TL-79-3) and 0.065% U3O8 over 0.15 m (TL-79-5) across an 800 metre strike length, with surface samples up to 5.98% U3O8 at the Manhattan showing.
Study resultsSTANDARD URANIUM ANNOUNCES CLOSING OF PRIVATE PLACEMENT AND DAVIDSON RIVER EXPLORATION UPDATE
A non-brokered private placement closed for gross proceeds of $1,006,675, comprising 7,801,667 non-flow-through units at $0.06 and 7,181,000 flow-through units at $0.075, each unit including a half-warrant exercisable at $0.15 until June 3, 2027; finders' fees of $45,921 and 682,523 finders' warrants were paid. Insiders took 875,000 NFT Units and 130,000 FT Units. Beginning May 26, 2025, Exosphere Multiphysics surveys with Fleet Space started over three of four conductive corridors at the Davidson River Project, Saskatchewan.
FinancingSTANDARD URANIUM ANNOUNCES UPSIZE OF PRIVATE PLACEMENT
A previously announced non-brokered private placement has been upsized with a further 6,666,667 flow-through units for additional gross proceeds of $500,000, bringing potential aggregate gross proceeds to $1,000,000. The offering comprises non-flow-through units at $0.06 and flow-through units at $0.075, each with one-half warrant exercisable at $0.15 for 24 months from closing. Proceeds will fund exploration of the company's Athabasca Basin, Saskatchewan projects and working capital, with closing expected on or around June 3, 2025, subject to TSX Venture Exchange approval.
FinancingStandard Uranium Provides Exploration Update Highlighting Results of Gravity and TDEM Surveys on Three Eastern Athabasca Uranium Projects
Results have been received from two high-resolution ground gravity surveys on the Atlantic and Rocas projects and a helicopter-borne Xcite time domain electromagnetic and total field magnetic survey over the Corvo project, all 100%-owned in the eastern Athabasca Basin, Saskatchewan. The Corvo survey totalled approximately 1,380 line-kms at 100 m traverse line spacing and 1,000 m tie-line spacing, outlining several kilometres of conductive anomalies; four new drill target zones were identified at Rocas. The Company added nearly 45,000 acres in 2024 and holds over 233,455 acres, seeking joint venture partners.
Drill resultsStandard Uranium Closes Final Tranche of Private Placement
The final tranche of a non-brokered private placement has closed with the issuance of 1,382,352 units at $0.085 per unit. Including earlier tranches, Standard Uranium issued a total of 1,382,352 NFT Units and 8,000,000 FT Units for aggregate gross proceeds of $917,499.92. Each unit includes one common share and one-half warrant exercisable at $0.15 for 24 months; no finders' fees were payable on the final tranche, and the securities are restricted from resale until June 29, 2025.
FinancingStandard Uranium Announces Extension for Final Tranche of Private Placement
The TSX Venture Exchange has granted a further extension to February 28, 2025 for completion of the final tranche of Standard Uranium's non-brokered private placement. The offering consists of units at $0.085 and flow-through units at $0.10, each comprising one common share and one-half transferable warrant exercisable at $0.15 for twenty-four months. A news release will follow completion of the final tranche.
FinancingStandard Uranium Acquires Umbra and Sable Uranium Projects and Completes Geophysical Surveys on Rocas and Atlantic Projects, Eastern Athabasca Basin, Saskatchewan
Two new uranium projects have been added in the eastern Athabasca Basin, Saskatchewan, through low-cost staking: Umbra (two claims, 3,679 hectares, 19 km WNW of the McArthur River mine) and Sable (one claim, 1,590 hectares, 35 km NW of Cigar Lake), both available for joint venture or earn-in option agreements. High-resolution ground gravity surveys by MWH Geo-Surveys (Canada) Ltd. were completed on the Rocas project and central Atlantic claims, with data now in inversion and modelling to refine drill targets.
AcquisitionStandard Uranium to Complete Final Tranche of Private Placement
The TSX Venture Exchange has extended the deadline for Standard Uranium to complete the final tranche of its non-brokered private placement to February 6, 2025. The offering comprises units at $0.085 and flow-through units at $0.10, each with one common share and one-half transferable warrant exercisable at $0.15 for 24 months. A further news release will follow completion of the final tranche.
Financing