Standard Uranium files NI 43-101 Technical Report for Corvo Uranium Project, Saskatchewan
Standard Uranium Ltd. [TSXV: STND; OTCQB: STTDF; FSE: 9SU0] has filed a technical report entitled “Technical Report on the Corvo Property – Northeastern Saskatchewan, Canada” prepared in accordance with NI 43-101 standards on the Corvo Project. The report was co-prepared by Axiom Exploration Group Ltd. and has an effective date of October 24, 2025.
Standard Uranium strategically acquired 12,265 hectares in the eastern Athabasca Basin region, targeting high-grade basement-hosted uranium on the 100%-owned Corvo project. The Corvo Project is situated 1.5 km outside the current margin of the Athabasca Basin, approximately 45 km northeast of the Gemini Mineralized Zone.
The Project is located along the eastern edge of the Athabasca Basin and is currently under option to Aventis Energy Inc. [CSE: AVE], an arms-length company. Under the option agreement, the optionee can acquire 75% of the project by funding C$4.5 million in exploration expenditures (subject to an operator’s fee to the company), making cash payments totalling C$225,000, and issuing C$725,000 in common shares, over three years. Following the three-year option period, Standard will retain a 25% stake in the project and form a non-incorporated Joint Venture with Aventis to advance exploration.
The company believes the project is prospective for discovery of high-grade basement-hosted uranium mineralization akin to the Rabbit Lake deposit and the recently discovered Gemini Mineralized Zone.
Several outcrop showings of mineralized veins and fractures are present on the Project, notably the Manhattan Showing that returned recent sample results up to 8.10 wt.% U3O8 at surface and has never been drill tested. The project is also prospective for rare earth element (REE) mineralization, potentially providing additional value upside.
Standard Uranium holds interest in over 235,435 acres (95,277 hectares) in the Athabasca Basin, Saskatchewan. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.
Standard Uranium’s eastern Athabasca projects comprise over 43,185 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.
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