Standard Uranium Generates New High-Priority Uranium Targets at Flagship Davidson River Project Following Exosphere Multiphysics Surveys

Core Insights - Standard Uranium Ltd. has successfully completed ExoSphere Multiphysics surveys at its flagship Davidson River Project, identifying multiple high-priority uranium targets in the southwest Athabasca Basin [1][3][5] Exploration and Survey Results - The surveys utilized combined 3D Ambient Noise Tomography (ANT) and Horizontal-to-Vertical Spectral Ratio (HVSR) models, generating critical subsurface information for ongoing exploration [5][7] - Distinct gravity-low anomalies indicating potential hydrothermal alteration zones have been identified across the Warrior, Bronco, and Thunderbird corridors, coinciding with known electromagnetic conductors and extrapolated basement faults [5][8] - The new datasets from the Multiphysics surveys provide invaluable targeting information, enhancing the understanding of the geological framework in the area [3][7] Upcoming Drilling Program - A four-to-six-week diamond drilling program is scheduled to commence in early September 2025, marking the first drilling campaign since 2022 [5][10] - Drill targets will be prioritized based on previous drilling results, new ANT + HVSR + Gravity anomalies, and machine learning SmartMatch targets [11] Project Overview - The Davidson River Project consists of 10 contiguous mineral dispositions covering approximately 30,737 hectares and is located 25 to 30 km west of significant uranium deposits [14][27] - The project hosts four main conductive corridors associated with graphitic-sulphidic structures, which are commonly linked to high-grade uranium systems [15][16] Financial Update - The company is moving forward with a non-brokered private placement to raise gross proceeds of up to C$3,500,000, with an initial tranche expected to be completed shortly [19][20]