Jon Bey, CEO and Director, and Sean Hillacre, President and VP of Exploration, for Standard Uranium (TSX.V:STND – OTCQB:STTDF), both join me for a reintroduction of the Company’s 11 uranium exploration properties around the Athabasca Uranium District of Saskatchewan. We also review the advantages of their project generator approach which allows for working on multiple projects and multiple exploration and drill targets with partner capital inflows. Standard Uranium has successfully completed four joint venture earn-in partnerships on their Sun Dog, Canary, Atlantic and Ascent projects totaling over $31M in work commitments over the next three years from 2024-2026.
The company’s winter drilling at the Atlantic Property was completed between March – April, and the next drill program just commenced this week on the Canary project. After that the Sun Dog property will get drilled this summer, and then in the second half of the year the drilling focus will shift to their 100% owned Davidson River Project. Additionally, there will be some earlier-stage exploration work on the ground at 2 of the newer projects Corvo and Rocas. There will be a steady stream of exploration newsflow as 2024 unfolds.
We wrap up discussing the bench of knowledge in the management team, technical advisors, and a particularly strong geological team led by Sean. Jon then breaks down the financial strength of the company, reiterates the incoming capital from partner companies to fund the project exploration, and breaks down the share structure.
If you have any follow up questions for Jon or Sean regarding Standard Uranium, then please email me at Shad@kereport.com and we’ll work to get those answered in future interviews.
- In full disclosure, Shad is a shareholder of Standard Uranium at the time of this recording.
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Click here to visit the Standard Uranium website for a summary of the recent Company news.
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