{"id":430575,"date":"2021-02-08T08:33:31","date_gmt":"2021-02-08T13:33:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=430575"},"modified":"2021-02-08T08:33:31","modified_gmt":"2021-02-08T13:33:31","slug":"standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/","title":{"rendered":"Standard Uranium Begins Phase II Winter Drill Program at its Flagship Davidson River Project"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, Feb.  08, 2021  (GLOBE NEWSWIRE) &#8212; Standard Uranium Ltd. (\u201cStandard Uranium\u201d or the \u201cCompany\u201d) (TSX-V:STND) (OTCQB:STTDF) (Frankfurt:FWB:9SU) is pleased to announce the Phase II winter drill program at its flagship 25,886-hectare Davidson River Uranium Project (the \u201cProject\u201d) has begun. The winter program will consist of approximately 4,500 m of diamond drilling in 9 holes. The Project is located in the Southwest Athabasca Uranium District of Saskatchewan 25 km to 30 km to the west of Fission Uranium\u2019s Triple R and NexGen\u2019s Arrow deposits and encapsulates the Warrior corridor which is inferred to be the continuation of the Patterson Lake corridor. Full details of the Phase II drill program are available in the previously announced news release on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sYJCPxTDf_4xJUDfsFBi54Tp7qAyn4bnQbJUO8SLdWFVe03VXI3OWuJkSq_4CSV32TcOjws8a1_Ll-CVxxvHk3umQgZwUPTknukv8hBwUAY2H-DDiVJB3ZtgN-9FFmV0YtLvVTwpEiPHAkYp4tvxCkyreMZHfhsdwS1LdUwC-WenJq4p4CWiTUHupCPcv1Eqqfzs1N5dXfzxL3jlsCaZB9AsoAfSgGWlPF3aaBQuXVCusxru1PglegAWjhu32rQX\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">December 29, 2020<\/a>.<\/p>\n<p align=\"justify\">Jon Bey, President, CEO and Chairman, commented: \u201cIt is great to see the drills turning again on our Davidson River Project and to have the Aggressive Drilling team working with us once again. Their experience with our Phase I drilling program, and in this region, will go a long way to help us in making a high-grade uranium discovery. Our technical team have prepared an exciting drill program and I look forward to getting to the project site to view core with them.\u201d<\/p>\n<p align=\"justify\">\n        <strong>Phase II Drilling Program Summary and Update<\/strong>:<\/p>\n<ul type=\"disc\">\n<li>Objective is to make a basement hosted high-grade uranium discovery,<\/li>\n<li>4,500m in nine holes planned for winter, and 1,350m in four holes planned for summer,<\/li>\n<li>Road construction completed on February 5<sup>th<\/sup>, 2021,<\/li>\n<li>Drilling commenced on February 8<sup>th<\/sup>, 2021,<\/li>\n<li>Follow-up drilling on the Warrior corridor with vectoring information gained during the Phase I program (See Figure 1),<\/li>\n<li>Exploring two new corridors, Bronco and Saint (See Figure 1), through drill testing offsets and flexures in wide conductive corridors searching for: radioactivity, alteration, structure, and graphite-rich and sulphide-rich shear zones,<\/li>\n<li>Increasing the geological knowledge and discovery potential of the Davidson River Property through collection and interpretation of technical information from strategically planned drill holes.<\/li>\n<\/ul>\n<p>Figure 1\u00a0accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=k8E83x-nbhpCspvnf6tQJcP_X4aydxxJBIjpdWGehYyBtBbHgdKMEsd_0LfgsUbqVwU9vODHgkel1_Ih61KYIJZZHjat_jG1000EqwWyIphEho2lmr_NfSb2naLH9sY_wKpmA6BcB9m8CRwGHFv9VsrzyzfTTS6iZ9ExVTQyDMh83lxudRFTmvdVZ1bzEaqczdyhvAp1MeEWQUEXdxP1LDMFYWJ73pQvJsRo08_19HiGTRUSXqPGBETbXZHIXXnCM1d4EfcWQl-JcxV-TaoLiQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/98cf708c-655d-489d-8001-bb639b61176c<\/a><\/p>\n<p align=\"justify\">Sean Hillacre, Project Geologist and Exploration Program Manager, states, \u201cI am very happy to be back up here drilling our refined Warrior targets and breaking ground on the Saint trend. The Phase II targets we have developed for this winter season are very encouraging and we have assembled an outstanding exploration team, with experience at making discoveries in this region. I am excited to see what we can accomplish with the technical information gained from our Phase I drilling.\u201d<\/p>\n<p align=\"justify\">The Company is using the Big Bear Lodge located on Grygar Lake as its base camp for the duration of this exploration program. \u201cIt is extremely important for us to partner with the local communities and safety is our number one priority. We will follow best practices for working safely and will continue to monitor the COVID-19 situation,\u201d stated Neil McCallum, VP Exploration. \u00a0\u00a0<\/p>\n<p align=\"justify\">The scientific and technical information contained in this news release has been reviewed and approved by Neil McCallum, VP Exploration and is a \u201cQualified Person\u201d as defined in NI 43-101. For additional information with respect to the Davidson River Project, please reference the NI 43-101 technical report titled: \u201cUpdated Technical Report on the Davidson River Property Northwest Saskatchewan, Canada\u201d with an effective date March 16, 2020 available under the Company\u2019s SEDAR profile at www.sedar.com.<\/p>\n<p align=\"justify\">\n        <strong>About Standard Uranium (TSX-V: STND)<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>We find the fuel to power a <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em>clean energy <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em>future<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">Standard Uranium is a mineral resource exploration company based in\u00a0Vancouver, British Columbia. Since its establishment, Standard Uranium has focused on the identification and development of prospective exploration stage uranium projects in the\u00a0Athabasca\u00a0Basin in\u00a0Saskatchewan, Canada. Standard Uranium&#8217;s Davidson River Project, in the southwest part of the\u00a0Athabasca\u00a0Basin,\u00a0Saskatchewan, is comprised of 21 mineral claims over 25,886 hectares. The Davidson River Project is highly prospective for basement hosted uranium deposits. A copy of the NI 43-101 Technical Report that summarizes the exploration on the Project is available for review under Standard Uranium&#8217;s SEDAR issuer profile (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=C4M4KgOwV-nT4X_ddc0mmPP_ZOrYtWZ4WcYAi1_XQnZ-hymaOJ2vws10WL5xlLhLuaQZ7bpZe0YW6eAemgdRmDwvqgefxaW_ydDz9nt_8F6fR_NyZTTSvzPob7Tl7gCkLWHvbm-Wesi1JOc2WziyjdZUww7eSoEU3WOmDekPcRZhYekkGEPLs7unCLcqiP5C\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.sedar.com<\/a>).<\/p>\n<p>\n        <strong>For further information contact:<\/strong>\n      <\/p>\n<p>Jon Bey, President, Chief Executive Officer, and Chairman<br \/>550 Denman Street, Suite 200<br \/>Vancouver, BC V6G 3H1<br \/>Tel: 1 (306) 850-6699<br \/>E-mail: info@standarduranium.ca<\/p>\n<p>\n        <strong>Cautionary Statement Regarding Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>This news release contains \u201cforward-looking statements\u201d or \u201cforward-looking information\u201d (collectively, \u201cforward-looking statements\u201d) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release.<\/em><br \/>\n        <em>\u00a0\u00a0<\/em><br \/>\n        <em> Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Standard Uranium disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <em>Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.<\/em>\n      <\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0NzY5OSMzOTYxODYzIzIxMjEyNjI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/103367f9-b37a-4288-b8ac-bacef7328e60\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, Feb. 08, 2021 (GLOBE NEWSWIRE) &#8212; Standard Uranium Ltd. (\u201cStandard Uranium\u201d or the \u201cCompany\u201d) (TSX-V:STND) (OTCQB:STTDF) (Frankfurt:FWB:9SU) is pleased to announce the Phase II winter drill program at its flagship 25,886-hectare Davidson River Uranium Project (the \u201cProject\u201d) has begun. The winter program will consist of approximately 4,500 m of diamond drilling in 9 holes. The Project is located in the Southwest Athabasca Uranium District of Saskatchewan 25 km to 30 km to the west of Fission Uranium\u2019s Triple R and NexGen\u2019s Arrow deposits and encapsulates the Warrior corridor which is inferred to be the continuation of the Patterson Lake corridor. Full details of the Phase II drill program are available in the previously announced news release on &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Standard Uranium Begins Phase II Winter Drill Program at its Flagship Davidson River Project&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-430575","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Standard Uranium Begins Phase II Winter Drill Program at its Flagship Davidson River Project - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Standard Uranium Begins Phase II Winter Drill Program at its Flagship Davidson River Project - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Feb. 08, 2021 (GLOBE NEWSWIRE) &#8212; Standard Uranium Ltd. (\u201cStandard Uranium\u201d or the \u201cCompany\u201d) (TSX-V:STND) (OTCQB:STTDF) (Frankfurt:FWB:9SU) is pleased to announce the Phase II winter drill program at its flagship 25,886-hectare Davidson River Uranium Project (the \u201cProject\u201d) has begun. The winter program will consist of approximately 4,500 m of diamond drilling in 9 holes. The Project is located in the Southwest Athabasca Uranium District of Saskatchewan 25 km to 30 km to the west of Fission Uranium\u2019s Triple R and NexGen\u2019s Arrow deposits and encapsulates the Warrior corridor which is inferred to be the continuation of the Patterson Lake corridor. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/","og_locale":"en_US","og_type":"article","og_title":"Standard Uranium Begins Phase II Winter Drill Program at its Flagship Davidson River Project - Market Newsdesk","og_description":"VANCOUVER, British Columbia, Feb. 08, 2021 (GLOBE NEWSWIRE) &#8212; Standard Uranium Ltd. (\u201cStandard Uranium\u201d or the \u201cCompany\u201d) (TSX-V:STND) (OTCQB:STTDF) (Frankfurt:FWB:9SU) is pleased to announce the Phase II winter drill program at its flagship 25,886-hectare Davidson River Uranium Project (the \u201cProject\u201d) has begun. The winter program will consist of approximately 4,500 m of diamond drilling in 9 holes. The Project is located in the Southwest Athabasca Uranium District of Saskatchewan 25 km to 30 km to the west of Fission Uranium\u2019s Triple R and NexGen\u2019s Arrow deposits and encapsulates the Warrior corridor which is inferred to be the continuation of the Patterson Lake corridor. Full details of the Phase II drill program are available in the previously announced news release on &hellip; Continue reading \"Standard Uranium Begins Phase II Winter Drill Program at its Flagship Davidson River Project\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-08T13:33:31+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0NzY5OSMzOTYxODYzIzIxMjEyNjI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Standard Uranium Begins Phase II Winter Drill Program at its Flagship Davidson River Project","datePublished":"2021-02-08T13:33:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/"},"wordCount":892,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0NzY5OSMzOTYxODYzIzIxMjEyNjI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/standard-uranium-begins-phase-ii-winter-drill-program-at-its-flagship-davidson-river-project\/","name":"Standard Uranium Begins Phase II Winter Drill Program at its Flagship Davidson River Project - 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