Standard Uranium Ltd. (TSXV:STND) - Anomalous Readings in First Summer Hole Validate ExoSphere Model - Research Portal

Standard Uranium Ltd. (TSXV:STND) - Anomalous Readings in First Summer Hole Validate ExoSphere Model - Research Portal

Standard Uranium (STND) reported handheld spectrometer results from the first two holes in progress at its flagship Davidson River project in the Athabasca Basin. The ongoing 8,000m drill program, the first since 2022, is testing the Bronco, Thunderbird and Warrior targets. The first hole (DR-26-040) tested the Bronco corridor and intersected 3m of anomalous radioactivity with a peak of 1,650 cps. Both holes hit strongly graphitic basement structures with desired hematite and clay alteration. We view this as a positive incremental update. Anomalous radioactivity in the first hole is exactly the kind of low-cost, high-confidence signal that validates its new ExoSphere model. The more important read-through might be strategic as, after a multi-year drilling hiatus at Davidson River, STND is back drilling its highest-confidence targets using its new model. We recall reviewing this data when it was created and being impressed by the structural detail that was interpreted by the geophysics. Positive drill results should help add credibility to the significant target inventory at Bronco, Thunderbird and Warrior. With two rigs turning through August, this is likely the beginning of considerable newsflow.

Standard Uranium Provides Drilling Update on the 2026 Drill Program at Flagship Davidson River Project - Announces Elevated Radioactivity in First Drill Hole