Standard Uranium advances drill-ready projects, expands JV opportunities across Athabasca Basin

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5d ago 5:15

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Standard Uranium CEO Jon Bey joined Steve Darling from Proactive to provide a comprehensive update on the company’s exploration activities and partnership-driven growth strategy across its extensive uranium project portfolio in Saskatchewan’s Athabasca Basin—one of the world’s most prolific and high-grade uranium districts. Bey shared that Standard Uranium holds a dominant land position in the region, with over 233,000 acres of prime exploration real estate strategically located throughout the Athabasca Basin. The company is actively advancing multiple uranium projects, many of which are currently available for option partnerships, and continues to execute its successful project generator model, aimed at unlocking value through joint ventures while maintaining exposure to upside potential. The company has several drill-ready targets that can be mobilized within 30 days, with exploration permits in place, First Nations agreements signed, and vendors already secured. Standard Uranium’s project offerings span a wide range—from early-stage grassroots exploration targets to near-term drill programs—making them attractive to domestic and international partners looking to gain exposure to clean energy metals in a mining-friendly jurisdiction. The company currently has nine uranium projects available for option, providing ample opportunity for collaboration. A recent highlight includes the definitive option agreement signed for the Corvo Project, which not only secures future exploration expenditures but also brings non-dilutive cash flow into the company. This agreement underscores Standard Uranium’s ability to structure mutually beneficial partnerships that advance projects while preserving shareholder value. Through 2024, the company has been actively conducting geophysical surveys and technical evaluations across multiple early-stage projects, enhancing the geological understanding and identifying high-potential uranium targets. These efforts are laying the groundwork for additional option agreements in 2025, with multiple discussions currently underway. Standard Uranium’s business model is centered on its ability to advance projects quickly and efficiently, offering ready-to-drill assets with minimal lead time and maximum flexibility for potential partners. As the global demand for uranium grows—driven by nuclear energy's increasing role in clean power generation—Standard Uranium is positioning itself as a preferred exploration partner in the Athabasca Basin, offering both scale and near-term opportunity in one of the world’s most sought-after uranium jurisdictions. #proactiveinvestors #standarduraniumltd #tsxv #stnd #otcqb #sttdf #mining #uranium #sundogproject #UraniumExploration #AthabascaBasin #MambaExploration #DrillingSuccess #MineralExploration #AthabascaBasin #StandardUranium #MiningNews #JVDeals #DrillingUpdates #DavidsonRiver #UraniumMarket #ResourceInvesting

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