Standard Uranium Ltd. (TSXV: STND) today announced the mobilization of the Geotech drilling crew and exploration team has commenced to the company’s flagship Davidson River Project in Northern Saskatchewan. The company has planned to drill 10,000 meters of diamond drill core to follow up on recent drilling.
This program will examine the previously drilled Warrior and Saint trends, as well as branch out for the initial testing of the Bronco and Thunderbird trends. The company’s objective is to discover a basement hosted high-grade deposit of uranium.
The company has approximately twenty drill holes planned for an aggregate 10,000 meters of drilling. Standard Uranium is focusing on increasing the geological knowledge and discovery potential of the Davidson River Property by way of interpretation of the collected technical information from the planned drill holes.
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Drilling on the Warrior and Saint corridors will be conducted as a follow up to vectoring data obtained during the 2020 Phase I and 2021 Phase II winter programs. The company is also exploring two new corridors, the Thunderbird and Bronco sites, by way of drill testing offsets and flexures that rest beside major conductive corridors.
Drilling is to start the first week of June.
Standard Uranium Ltd. last traded at $0.22 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
