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Standard Uranium Advances 2026 Drill Programs as Market Fundamentals Strengthen
Episode 13999
Published 10 hours ago
Description
Standard Uranium CEO Jon Bey joined Angela Harmantas at the Prospectors & Developers Association of Canada or PDAC conference in Toronto to share news about the company’s active 2026 exploration programs and strengthening uranium market fundamentals at PDAC 2026.
Standard Uranium Ltd has begun the year with multiple drill programs across its Saskatchewan-based portfolio of 12 projects. Bey explained that the company recently commenced its first-ever drill program at its Corvo project in partnership with Aventis Energy, with drilling already advancing to the third hole. He noted the program is progressing well, with news expected soon.
The company also announced the upcoming start of drilling at the Roché project through a joint venture with Collective Metals, which is fully funding the program. In addition, Standard Uranium Ltd will return this summer to its flagship Davidson River project for its fourth drill campaign there — the first since 2022 — supported by updated geophysical data and gravity surveys.
Bey emphasized that each drill campaign is focused on discovery, stating, “Every drill program, the main objective is to make a high-grade discovery.” At Corvo, the company is targeting the Manhattan Showing, where surface samples have returned uranium grades exceeding 8%, describing the result as “phenomenal.”
He also discussed strengthening uranium fundamentals, highlighting recent long-term supply agreements, including major deals involving India that could impact global supply dynamics and long-term pricing.
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