Vancouver, British Columbia, June 24, 2025 — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU0) is pleased to provide a summary of exploration initiatives and opportunities across its 100% owned uranium project portfolio in Saskatchewan. The Company is advancing multiple projects currently under option and is executing targeted exploration strategies to continue progressing its uranium portfolio in the Athabasca Basin region towards discovery.
The Company holds more than 233,000 acres of prime exploration real estate across the prolific Athabasca Basin region, which hosts the highest-grade uranium deposits on the planet. The Company boasts an attractive portfolio of uranium exploration projects currently available for option ranging from early-stage to drill-ready projects throughout the Athabasca region, providing turn-key opportunities with exploration permits in hand, First Nations agreements signed, vendors secured, and highly prospective uranium targets. Standard Uranium has continued to deliver on its project generator model through expansion of landholdings and advancement of early-stage projects through geophysical surveys executed through 2024, providing excellent turn-key opportunities for potential joint venture partners in 2025. The Company is actively seeking new joint venture partners on these exciting uranium projects.
Additionally, the Company recently completed another joint venture earn-in partnership on the Corvo project this year, totalling more than $5.9M in work commitments and payments to Standard Uranium over the next three years1. The Company is actively advancing the project through operating and completing geophysical and ground-truth sampling programs in 2025, progressing towards an inaugural drill program in 2026. Standard Uranium brings a skilled team of in-house geoscientists and invaluable relationships with First Nations partners and vendors to the table in designing and executing option agreements.
The following projects are drill ready and drill programs could begin in under 30 days from signing Definitive Agreements: Atlantic, Rocas, Ascent, and Canary. More information on all projects can be found below. Interested parties, please reach out to Standard Uranium President and VP of Exploration, Sean Hillacre, at info@standarduranium.ca.
2025 Exploration Summary and Objectives
Project Generator: Standard Uranium currently has nine (9) Athabasca uranium projects available for option. The Company recently completed a definitive option agreement on the Corvo project, securing exploration expenditures and non-dilutive cash-flow into the Company.
Expanded Landholdings: The Company added nearly 45,000 acres of prospective land to its portfolio in 2024 through low-cost staking, expanding the Ascent and Corvo projects significantly, and adding four new projects to its exploration pipeline in the Athabasca Basin region.
Additional Project Advancement: Initial exploration and geophysical programs across multiple early-stage projects is planned for 2025-2026, creating more opportunities for additional option partnerships.
“We are pleased to share that we are continuing to advance additional uranium exploration projects through targeted geophysical survey work and new staking, which provide more opportunities for new joint venture partners looking to enter the Athabasca Basin. This part of our business represents an outstanding opportunity for companies that want to explore in the world’s best uranium jurisdiction with our team at Standard Uranium,” said Jon Bey, CEO & Chair of Standard Uranium, “We have built strong relationships with government and our First Nations partners allowing for expediting permitting, along with the key vendors to ensure exploration projects are completed on time and on budget.”
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https://standarduranium.ca/news-releases/exploration-update-on-successful-project-generation-and-new-jv-opportunities/ |
