Standard Uranium Confirms High-Grade Uranium Mineralization up to 8.10% U3O8 at Surface on the Corvo Project

Core Insights - Standard Uranium Ltd. has confirmed high-grade uranium mineralization at the Corvo Project, with assay results showing uranium grades ranging from 0.72% to 8.10% U3O8 at the Manhattan Showing [1][5][4] Exploration and Results - The exploration program conducted from July 4 to July 16, 2025, involved detailed mapping and sampling across historical uranium showings, confirming high-grade surface mineralization [2][5] - A total of 30 outcrop and boulder grab samples were analyzed, with results indicating significant uranium and Rare Earth Element (REE) mineralization [7][8] Future Plans - The company plans to conduct a ground gravity survey in December 2025 to identify density anomalies that may indicate hydrothermal alteration systems, followed by a diamond drill program in Q1 2026 [5][11] - Ongoing geophysical interpretation and modeling will integrate historical surveys with new data to establish high-priority drill targets [13][14] Project Context - The Corvo Project is located near significant uranium mining operations, including Cameco's McArthur River mine and Atha Energy's Gemini Mineralized Zone, indicating a favorable geological setting for uranium exploration [9][14] - The company believes the project is highly prospective for discovering shallow, high-grade basement-hosted uranium mineralization similar to other successful deposits in the region [14][23]