Standard Uranium (STND.V): A Hidden Gem in the Uranium Market?

Standard Uranium Ltd. (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) recently announced the completion of its winter drill program at the 100% owned Sun Dog Project in Saskatchewan. The project, located at the northwestern edge of the Athabasca Basin, has been showing promising results and potential for high-grade uranium deposits. Join Chris Parry as he dives deep into the misunderstood financial position of Standard Uranium! Chris clears up the misconceptions about the company’s drill campaign and reveals how their frugal approach is actually a win for investors.

Now, let’s delve into the key findings and future plans for the Sun Dog project.

Key Findings from the Winter 2023 Drill Program:

1. Elevated radioactivity of up to 1,300 counts per second (cps) was intersected in drill hole SD-23-013 at the Haven discovery.
2. Significant structure and alteration were found in drill holes SD-23-011 and SD-23-012 at the Walli showing.
3. Quartz-hematite breccias and dravite alteration were intersected on Stewart Island in drill hole SD-23-010.
4. The winter 2023 drilling program extended the known footprint of dravite and clay alteration associated with uranium mineralization in the Haven and Walli target areas.

The Sun Dog project boasts all the favorable characteristics to host high-grade, Athabasca-style unconformity-related uranium deposits. The results of the second drill program on the project have strengthened the validity of the exploration model. With priority follow-up targets being planned, continuing exploration plans for the project include a supplementary bedrock mapping and sampling program in Q3 2023, leading into a possible follow-up exploration drill program in fall 2023.

Standard Uranium’s President and CEO Jon Bey expressed gratitude towards the geologists, drillers, and all participants involved in the Sun Dog camp, stating, “It is fantastic to see the results from the drill program that highlight that we are into a great alteration system that continues to improve with each exploration program.”

With promising results and exciting plans for the future, Standard Uranium’s Sun Dog project is a venture worth keeping an eye on for investors and industry enthusiasts alike.

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