Standard Uranium says first two drill holes on the Thunderbird trend at its Davidson River project have excited geologists

Standard Uranium said that the focus of the drill program is shifting to Thunderbird based on results from the initial two holes Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) has provided an update on the ongoing summer 2022 drill program at its flagship Davidson River project in Canada’s premier uranium district, the Athabasca Basin.

The Vancouver-based mineral resource exploration company also announced the closing of the first tranche of its ongoing brokered private placement for gross proceeds of $3.15 million.

On May 16, 2022, the firm began the fourth drill campaign on its flagship 25,886-hectare Davidson River project, which is expected to comprise 5,000 metres (m) in 13 drill holes, following-up on the most prospective basement structures and alteration zones intersected to date and testing new target areas along the four major exploration trends on the project. Several kilometres (km) of graphitic conductors remain to be tested at Davidson River, said the company.


About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet