Standard Uranium Announces Results from 2022 Geophysical Surveys on Eastern Athabasca Basin Properties, Defining Drill-Ready Target Areas

VANCOUVER, British Columbia, April 06, 2023 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce the results of geophysical surveys completed on each of the Company’s three eastern Athabasca basin projects (the “Projects”). High-resolution ground gravity, induced polarization (“IP”) / direct current (“DC”) resistivity, and airborne time domain electromagnetic (“TDEM”) surveys were completed on Standard Uranium Ltd.’s Atlantic, Canary, and Ascent properties, respectively (Figure 1). Key drill target areas have been defined for each project based on positive survey results and historical exploration data.

Key Focus Points: Standard Uranium has defined multiple drill-ready target areas on the Atlantic, Canary, and Ascent projects situated in the prolific eastern Athabasca Basin.

Strong EM conductors coupled with regional-scale faults and potential alteration signatures outline high-priority target areas on all three eastern Athabasca projects.

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