•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) has reported early results from its summer drill campaign at the Davidson River Project in Saskatchewan’s southwest Athabasca Basin. The first hole of the program intersected anomalous radioactivity and significant basement structures.
The first hole, DR-26-040, was drilled on the Bronco corridor and intersected three metres of anomalous radioactivity exceeding 300 counts per second (cps). Peaks were recorded at 540, 780, and 1,650 cps between 464 and 466 metres depth.
Both holes encountered strongly graphitic basement structures linked to hydrothermal alteration. The alteration includes hematite and clay.
Drill targets for the campaign were prioritized across three of Davidson River’s four major conductor corridors—Warrior, Bronco, and Thunderbird—following the first-ever ExoSphere Multiphysics surveys completed in the southwest Athabasca Basin region.
The company said integration of the new survey data with existing drill results, ground gravity, electromagnetic (EM) conductors, and machine-learning targeting has improved its subsurface understanding of the project.
“Hitting elevated radioactivity and significant basement structures on the first hole of the drill program is exciting, but more than that, it increases our confidence in our new targeting datasets,” said Sean Hillacre, president and vice president exploration of Standard Uranium.
“The integration of ExoSphere multiphysics data with our existing drill results, ground gravity, EM conductors, and machine-learning targeting has materially upgraded our understanding of the subsurface at Davidson River.”
Drilling is planned to continue through August 2026. The campaign is targeting uranium mineralization along regional structural trends that host NexGen Energy’s Arrow deposit and Paladin Energy’s Triple R deposit.
Davidson River covers 30,737 hectares. Drilling began June 1 with two rigs operating around the clock. The company has completed 900 metres across two in-progress holes on the Bronco and Thunderbird corridors.
Coinbase has launched a High Yield USDC vault within its in-app DeFi lending offering, adding a second lending option that provides exposure to a wider range of collateral assets. The product is powered by Morpho infrastructure and uses vault allocations curated by Steakhouse Financial.
