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Standard Uranium advances uranium projects in Eastern Athabasca Basin - ICYMI
EMLThe Eastern pany(EML) Proactiveinvestors NA·2025-03-15 13:26

Core Viewpoint - Standard Uranium Ltd is advancing its exploration projects in the Eastern Athabasca Basin through geophysical surveys to de-risk and prepare them for drilling, creating opportunities for potential partners [1][3][11] Project Updates - The company has conducted significant geophysical work on three key projects: Atlantic, Rocas, and Corvo, focusing on making them drill-ready [1][3] - At the Atlantic project, initial drilling revealed promising results, including uranium mineralization and strong alteration [4] - Ground gravity surveys were completed at both Atlantic and Rocas to identify density anomalies associated with uranium mineralization [5][6] Exploration Techniques - The combination of ground gravity surveys and electromagnetic (EM) surveys is utilized to refine drill targets and identify the best drilling locations [6] - Airborne EM surveys were conducted at Corvo to upgrade the project and refine conductive corridors, enhancing its drill-readiness [7][8] Strategic Partnerships - The company aims to bring in partners to further advance its projects, while continuously evaluating land opportunities in the highly staked Athabasca Basin [9] - Over the past year, Standard Uranium has expanded its portfolio by more than 45,000 acres, including acquisitions and expansions at various projects [10] Value Addition - Cost-effective geophysical surveys are conducted to add value to projects, maintain project standing, and secure necessary permits, creating turnkey opportunities for new entrants or partners [11]