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Standard Uranium reports strong surface readings at Rocas project - ICYMI
Proactiveinvestors NAยท2025-10-18 12:31

Core Insights - Standard Uranium Ltd has reported early exploration success at the Rocas project in Saskatchewan, marking the first on-the-ground program at the site under an option agreement with Collective Metals [1][4]. Exploration Details - The Rocas project spans 4,000 hectares and is located southwest of the Key Lake Mine and Mill, making it easily accessible via Highway 914 [1][4]. - The primary objective of the exploration was to verify historical uranium showings and gather new geological insights [2][5]. - Initial findings revealed strong radioactivity at the surface, with a peak measurement of approximately 33,000 counts per second, indicating favorable conditions for uranium presence [6]. Future Plans - A diamond drill program is planned for 2026, targeting a 7.5-kilometre strike length that has never been drilled before [7][8]. - The company conducted a ground gravity survey to identify areas of potential alteration from uranium fluids, which will help in pinpointing drilling targets [7][8]. - The drilling program is expected to cover about 2,000 to 3,000 metres and will be funded by Collective Metals while being operated by Standard Uranium [8]. Strategic Approach - The partnership with Collective Metals allows the company to advance its projects while retaining exploration upside and keeping its geological team active [9].