Standard Uranium has completed its inaugural drilling program at the Atlantic Project located within the Athabasca Basin in northern Saskatchewan, with anomalous radioactivity encountered in each of the five inaugural drill holes conducted by the company. According to Sean Hillacre, the Vice President of Exploration at Standard Uranium, the findings have revealed multiple zones of elevated radioactivity closely associated with both the sub-Athabasca unconformity and basement structural zones. These discoveries have validated the company's exploration thesis while underscoring the immense potential of the Atlantic Project.
With several kilometers of untested strike length remaining across the project area, Standard Uranium is positioned to capitalize on untapped opportunities for discovery along the E-W conductor system. The company is planning to conduct supplementary geophysical surveys over the central claim blocks to delineate additional target areas for subsequent drilling phases. These surveys will also target the untested gravity low anomalies identified on the western block in 2022, further expanding the exploration potential of the property.
The Athabasca Basin represents one of the world's most significant uranium-producing regions, making these initial results particularly important for future resource development. The successful completion of the inaugural drilling program has established a foundation for continued exploration, with the company optimistic about the significant upside potential the project holds. As Standard Uranium advances its exploration efforts at the Atlantic Project, the company maintains its commitment to unlocking the region's uranium potential through systematic exploration and target development.
