Proactive - Interviews for investors

Standard Uranium targets September for Davidson River drilling, launches $3.5M financing

Episode Summary

Standard Uranium CEO Jon Bey joined Steve Darling from Proactive to announce the company’s upcoming diamond drill program at its flagship Davidson River project in the southwest Athabasca Basin, northern Saskatchewan. In collaboration with Fleet Space Technologies, Standard Uranium recently conducted the first-ever Exosphere Multiphysics survey in the prolific southwest Athabasca Uranium District. Bey explained that the survey generated new high-priority targets and refined existing ones across the Warrior, Bronco, and Thunderbird conductor corridors. These targets have been significantly de-risked through high-resolution 3D imaging of basement structures and alteration zones, providing critical insights for the summer drilling campaign. With all drill permits in place, signed Exploration Agreements with Clearwater River Dene Nation partners, and key vendors secured, the company is set to begin a 4–6 week drill program in early September 2025. Bey also revealed plans for a non-brokered private placement aiming to raise up to $3.5 million. The proceeds will support exploration at Davidson River and other Standard Uranium projects. #proactiveinvestors #standarduraniumltd #tsxv #stnd #otcqb #sttdf #mining #uranium #sundogproject #UraniumExploration #AthabascaBasin #MambaExploration #DrillingSuccess #MineralExploration #HydrothermalAlteration #Radioactivity #Geophysics #ExplorationNews #MiningUpdates #UraniumDeposits