Standard Uranium holds a 100%-interest in the 19,604-hectare Sun Dog project along the northwestern edge of the Athabasca Basin. The Sun Dog project is comprised of 9 mineral claims located near Uranium City and contains the historic Gunnar uranium mine in the prolific Beaverlodge district where uranium was mined between 1953 and 1982. Unlike the previously mined lower-grade Beaverlodge type deposits from this area, Standard’s exploration strategy at Sun Dog is targeting high-grade unconformity-related deposits that are typical of the Athabasca Basin, which would be a remarkable discovery in Canada’s original uranium mining district.
Three of the most promising historical target areas (Skye, Java, and Stewart Island) were visited in Fall 2020 to confirm the location of historical exploration results and provide context for current work. Prospecting lead to the discovery of a new high-grade surface uranium showing, named the Haven discovery. Fall 2020 sampling efforts at the Skye, Java, and Haven target areas identified several zones of off-scale and visible uranium mineralization at surface, and returned uranium assay results up to 3.58% U3O8, 1.7% U3O8, and 0.7% U3O8, respectively. Additionally, the analytical results reveal a correlation between uranium and gold mineralization, while boron and other pathfinder elements highlight the potential for a robust alteration footprint associated with uranium mineralization.
The Company has completed two reconnaissance-scale drill programs on the project totalling 2,469 metres of diamond drilling in the winter of 2022 and 2023. Highlighted by the first drill hole at the Haven discovery, SD-23-013, which intersected 1.5 m of elevated radioactivity up to 1,300 cps including 0.5m of uranium mineralization up to 0.042 wt.% U3O8 associated with a strong alteration halo. Additional geophysical surveys were completed on the property during winter 2022 program.
Highlights from the project include:
The target areas at the Sun Dog project have many attributes that are favourable for the formation of high-grade unconformity-related uranium mineralization. The key geological factors include uranium-enriched bedrock, reactivated and graphitized structures, Athabasca Supergroup sandstone cover, and favourable basement competency contrasts. Additional drill targets on the mainland following the encouraging results at Haven have been identified, ready to be drill tested during the next phase of exploration on the project.
Disclosure of Technical and Scientific Information
Except as otherwise noted herein, Sean Hillacre, MSc. P.Geo., Standard Uranium’s VP Exploration, has reviewed and approved the scientific and technical information contained in this website. Mr. Hillacre is a Qualified Person within the meaning of Canadian Securities Administrator’s National Instrument 43-101.