Standard Uranium Reports Promising Radioactivity Findings from Atlantic Project Drilling Program

Standard Uranium has announced the completion of its inaugural drilling program at the Atlantic Project, situated within the renowned Athabasca Basin in northern Saskatchewan. The drilling activities have yielded promising results, with anomalous radioactivity encountered in each of the five inaugural drill holes conducted by the company. According to Sean Hillacre, the Vice President of Exploration at Standard Uranium, the findings have unveiled multiple zones of elevated radioactivity, closely associated with both the sub-Athabasca unconformity and basement structural zones. These discoveries have not only validated the company's exploration thesis but have also underscored the immense potential of the Atlantic Project.

With several kilometers of untested strike length remaining across the project area, Standard Uranium is poised to capitalize on the untapped opportunities for discovery along the E-W conductor system. The company's exploration strategy focuses on identifying high-grade uranium deposits in one of the world's most prolific uranium districts. The Athabasca Basin has historically produced some of the highest-grade uranium deposits globally, making successful exploration in this region particularly significant for global uranium supply.

To further bolster its exploration efforts, the company is planning to conduct supplementary geophysical surveys over the central claim blocks. These surveys aim to delineate additional target areas for subsequent phases of drilling, while also targeting the untested gravity low anomalies identified on the western block in 2022. The integration of multiple exploration methods represents a comprehensive approach to mineral discovery that has proven successful in similar geological settings throughout the basin.

As Standard Uranium continues to advance its exploration endeavors at the Atlantic Project, the company remains steadfast in its commitment to unlocking the region's uranium potential. The successful completion of the inaugural drilling program has laid the groundwork for further exploration, and the company is optimistic about the significant upside potential that the project holds. The timing of these discoveries comes amid growing global demand for uranium as nations increasingly turn to nuclear power as a clean energy solution to climate change challenges.

The positive results from the initial drilling program provide strong justification for continued investment in exploration at the Atlantic Project. The company's progress demonstrates the ongoing potential for new discoveries in established mining districts through systematic exploration approaches and modern geological understanding. These developments contribute to maintaining Canada's position as a leading global uranium producer and support the country's role in supplying critical materials for clean energy transition.