Standard Uranium deploys ExoSphere Multiphysics surveys at Davidson River
Published: 09:10 18 Jun 2025 EDT
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) told investors that it has commenced deploying the first-ever ExoSphere Multiphysics surveys in the southwest Athabasca Basin as part of ongoing exploration at its flagship Davidson River project, in partnership with Fleet Space Technologies.
The advanced surveys are designed to enhance subsurface imaging across high-priority uranium target corridors ahead of a planned summer drilling program, the company said on Wednesday.
The multiphysics surveys combine Ambient Noise Tomography (ANT), Horizontal-to-Vertical Spectral Ratio (HVSR), and ground gravity methods to generate new geophysical datasets across the Warrior, Bronco, and Thunderbird conductor corridors.
One survey grid has been completed, and data collection on the second grid is in progress, with the third to follow. The new data will support 3D characterization of basement structures, lithological variations, and potential alteration zones associated with uranium mineralization.
The 2025 exploration program aims to refine targeting and reduce drilling risk by leveraging real-time, high-resolution subsurface imaging, Standard Uranium highlighted.
"Working with Fleet Space on this program has been extremely exciting so far. With one of three grids complete and the second underway, the preliminary results have the technical team and I very eager to utilize the new 3D models to refine drill targets for later this year,” Standard Uranium president and vice president exploration Sean Hillacre said in a statement.
“We look forward to updating the market with the results of the geophysical program over the next several weeks.”
In connection with the strategic partnership, Standard Uranium has issued 7 million shares to Fleet Space at a deemed price of $0.075 per share, in lieu of payment of $525,000 in service fees.
