Standard Uranium Ltd (TSXV: STND) has commenced diamond drilling at its wholly-owned Sun Dog Project in the Athabasca Basin, Saskatchewan, Canada.
Key Focus Points:
- Drill equipment has arrived on site and is mobilising to the first drill pad.
- Two diamond drills are testing high-priority target areas on the Project, following up on known uranium mineralization in addition to prospective alteration and structure intersected during winter 2022 inaugural programme.
Sun Dog – Winter 2023 Drill Programme
Diamond drilling and geophysics completed by the company in winter 2022 further refined high-priority uranium drill targets across the 15,770-hectare property. Several gravity-low and resistivity anomalies have been identified and coincide with breaks or flexures in electromagnetic (EM) conductors under Athabasca sandstone cover, providing compelling unconformity-related uranium targets.
The perched uranium mineralization present in the Athabasca sandstone outcrop on the Project remains to be properly drill-tested at depth, and during the 2023 winter drill program, the Company aims to discover the high-grade “roots” of these mineralizing systems in the basement rocks underlying the sandstone. In addition, a portion of the planned holes will follow-up along conductor strike from historical basement-hosted uranium mineralization.
This season’s drill targets will focus on the Java, Johnston-Bay (J-Bay), Haven, and Skye target areas following up on known high-grade uranium mineralization and prospective alteration including dravite and clay alteration.
“Our team of geologists have done a great job of extracting value from the historical exploration reports on the Project and coupling that information with our modern understanding of how these high-grade uranium systems work,” President and CEO, Jon Bey, said.
“Armed with the invaluable data collected from our inaugural drill programme in 2022, we are poised for a very exciting drill programme this winter.”
For further information please visit: https://standarduranium.ca
