Standard Uranium Reports Promising Radioactivity Findings in Atlantic Project Drilling Program

Standard Uranium has completed its inaugural drilling program at the Atlantic Project located within the Athabasca Basin in northern Saskatchewan, 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 revealed multiple zones of elevated radioactivity closely associated with both the sub-Athabasca unconformity and basement structural zones. These discoveries have validated the company's exploration thesis while underscoring the immense potential of the Atlantic Project for significant uranium mineralization.

The successful identification of radioactive zones across multiple drill holes represents a critical step forward in understanding the geological framework of the Atlantic Project. The association of elevated radioactivity with both the sub-Athabasca unconformity and basement structural zones is particularly significant, as these geological features have historically hosted high-grade uranium deposits throughout the Athabasca Basin region. This correlation suggests the presence of favorable conditions for uranium concentration and deposition, mirroring geological settings that have yielded major uranium discoveries in adjacent properties.

With several kilometers of untested strike length remaining across the project area, Standard Uranium is positioned to capitalize on substantial untapped discovery potential along the E-W conductor system. The company plans to conduct supplementary geophysical surveys over the central claim blocks to delineate additional target areas for subsequent drilling phases. These surveys will also focus on the untested gravity low anomalies identified on the western block in 2022, which represent priority targets for future exploration activities. The combination of successful initial drilling results and extensive untested ground provides multiple avenues for potential discovery and resource expansion.

The Atlantic Project's location within the Athabasca Basin places it in one of the world's most prolific uranium districts, known for hosting exceptionally high-grade uranium deposits. The project's strategic positioning, combined with the encouraging initial results, suggests potential for significant resource development. As global demand for clean nuclear energy continues to grow, successful exploration in established uranium districts like the Athabasca Basin becomes increasingly important for meeting future energy needs while supporting decarbonization efforts worldwide.

Standard Uranium remains committed to advancing its exploration endeavors at the Atlantic Project, with the successful completion of the inaugural drilling program establishing a solid foundation for continued investigation. The company maintains optimism about the substantial upside potential the project holds, particularly given the extensive remaining strike length and multiple untested targets identified through initial work programs. Further information about the company's activities and progress can be found at https://www.standarduranium.ca.