In a significant milestone for the company, Standard Uranium has announced the completion of its inaugural drilling program at the Atlantic Project, situated within the renowned Athabasca Basin in northern Saskatchewan. The drilling activities have yielded promising results, 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 unveiled multiple zones of elevated radioactivity, closely associated with both the sub-Athabasca unconformity and basement structural zones. These discoveries have not only validated the company’s exploration thesis but have also underscored the immense potential of the Atlantic Project.
With several kilometers of untested strike length remaining across the project area, Standard Uranium is poised to capitalize on the untapped opportunities for discovery along the E-W conductor system. To further bolster its exploration efforts, the company is planning to conduct supplementary geophysical surveys over the central claim blocks. These surveys aim to delineate additional target areas for subsequent phases of drilling, while also targeting the untested gravity low anomalies identified on the western block in 2022.
As Standard Uranium continues to advance its exploration endeavors at the Atlantic Project, the company remains steadfast in its commitment to unlocking the region’s uranium potential. The successful completion of the inaugural drilling program has laid the groundwork for further exploration, and the company is optimistic about the significant upside potential that the project holds.
To stay informed about the latest developments at the Atlantic Project, readers are encouraged to visit the company’s website and follow their progress as they strive to delineate resources and make new discoveries within this highly prospective region of the Athabasca Basin.
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