Standard Uranium deploys advanced technology on Davidson River project

Standard Uranium, in collaboration with Fleet Space, launches an innovative exploration programme using advanced multiphysics surveys on the Davidson River site, promising new drilling prospects for 2025 in the Athabasca region.

Share:

Standard Uranium Ltd., a mining exploration company, has announced the implementation of a new exploration technology at its Davidson River project, located in the southwest region of the Athabasca Basin, northern Saskatchewan. Conducted in partnership with Fleet Space Technologies Canada Corp. (Fleet Space), this initiative marks the first deployment in this region of advanced ExoSphere multiphysics surveys, combining several geophysical methods to accurately characterize the subsoil and identify potential uranium extraction targets.

Innovative multiphysics technology

The ExoSphere project employs a combination of Ambient Noise Tomography (ANT), Horizontal-to-Vertical Spectral Ratio (HVSR), and gravity surveys. These techniques, grouped under the designation of multiphysics surveys, enable precise three-dimensional visualization of underground geological structures. A first survey has already been completed in one of the three targeted areas, while operations in the second area are currently underway.

This technology will notably refine existing geological models, identify lithological variations, and detect alteration signatures associated with uranium mineralization. The company specifies that this new data will facilitate better identification of potential drilling targets planned for the summer of 2025.

Priority targets identified

The Davidson River project covers a total area of 30,737 hectares in a region renowned for its high-grade uranium deposits. Three major conductive corridors are targeted by the multiphysics surveys: Warrior, Bronco, and Thunderbird. These sectors are particularly strategic due to their confirmed potential from previous geophysical exploration campaigns.

Sean Hillacre, President and Vice-President of Exploration at Standard Uranium, said: “Collaborating with Fleet Space on this programme has been very exciting. Preliminary results have our technical team eager to use these three-dimensional models to refine our future drilling targets.”

Financial details and strategic partnership

Under the strategic partnership established with Fleet Space, Standard Uranium issued seven million common shares at a deemed unit price of CAD 0.075, representing a total value of CAD 525,000. These shares, subject to legal restrictions, will become tradable from October 17, 2025.

Additionally, Standard Uranium provided further details regarding a previous capital increase. The non-brokered private placement completed on June 3 involved several directors and officers of the company, who subscribed for 1,145,000 non-flow-through units and 174,000 flow-through units.

These ongoing multiphysics surveys on the Davidson River site will continue throughout June 2025, with Standard Uranium expected to communicate detailed results in the coming weeks. The market closely observes developments of this project, which could significantly alter economic prospects for the region.

  • Populaires ​
Eos Energy secures additional $22.7mn to strengthen US production capacity
Glencore in talks with London over future of insolvent Lindsey oil refinery
United States selects Westinghouse and Radiant to test their nuclear microreactors
The Economic Impact of Solar Energy in Europe Amid Surplus Production
US oil inventories unexpectedly rise by 3.8 million barrels
Lithuanian nuclear operator SE Ignalina signs agreement with Newcleo
SE Ignalina, the Lithuanian nuclear operator, has signed a memorandum of understanding with French firm Newcleo to explore the integration of small modular reactors (SMRs) using lead-cooled fast reactor (LFR) technology in Lithuania.
Egypt: Supplementary agreements signed for the El Dabaa nuclear power plant
Egyptian President Abdel Fattah al-Sisi oversaw the signing of new agreements for the construction of the El Dabaa nuclear power plant, thus strengthening the strategic cooperation between Egypt and Russia.
Vistra obtains approval to extend Perry nuclear plant operations
Vistra Corp receives green light to extend Perry nuclear plant operations in Ohio by 20 years, securing regional electricity supply until 2046 and ensuring operational continuity for all its nuclear reactors in the United States.
EDF injects €1.3 billion into Sizewell C, its second British EPR
EDF will hold a 12.5% stake in the Sizewell C nuclear project in the UK, a €1.3 billion investment announced during Emmanuel Macron’s official visit to London, confirming the strategic nuclear energy alignment between the two countries.
France: Cigéo nuclear waste underground storage project makes significant progress
The French Cigéo project, designed to bury the most hazardous radioactive waste deep underground, obtains a crucial technical validation before its final authorization, expected by the end of 2027.
EDF launches its nuclear Technocentre in Fessenheim, estimated investment of €450 million
EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.
NANO Nuclear signs strategic agreement with UrAmerica on Argentine uranium
NANO Nuclear Energy Inc. formalizes its collaboration with UrAmerica Ltd. to strengthen Argentina’s uranium supply, aiming to secure future nuclear fuel supply chains for the U.S. market.
SHINE and Standard Nuclear form strategic partnership on recycled fuel
American companies SHINE Technologies and Standard Nuclear partner to recycle uranium and plutonium, supplying advanced fuel to the nuclear reactor sector and enhancing the national energy security of the United States.
Floating nuclear power plants evaluated to supply Mediterranean regions
The American Bureau of Shipping and two nuclear sector companies are studying the potential deployment of floating nuclear power plants to meet the energy needs of island and coastal regions in the Mediterranean, notably via electricity and desalination.
Lithuania explores nuclear option with small modular reactors
Lithuania establishes a working group tasked with assessing the feasibility of modular nuclear reactors to meet electricity demand estimated at 74 TWh by 2050.
Framatome wins two major contracts to extend Belgian nuclear operations
Framatome has secured two significant contracts from Electrabel covering modernisation and technical support for the Tihange 3 and Doel 4 nuclear reactors, as part of their extension agreed upon between Engie and the Belgian government.
Egypt accelerates El-Dabaa national grid connection for 2026
Cairo is stepping up connection works for the planned 4,800 MW El-Dabaa nuclear plant, developed with Rosatom, to feed the grid from 2026 with output equal to about seven % of national electricity.
EDF postpones restart of Flamanville EPR to August 13
EDF extends Flamanville EPR's shutdown to August 13 to conduct technical checks on three valves of the reactor's primary circuit, initially scheduled to resume production this week.
GE Vernova and Fortum launch major nuclear project in Scandinavia
GE Vernova Hitachi Nuclear Energy and Fortum announce partnership aimed at preparing for the potential deployment of small modular reactors in Finland and Sweden, with commissioning scheduled for the 2030s.
Energy Fuels extracts 638,700 pounds of uranium at Pinyon Plain mine
Energy Fuels Inc. announced record production of 638,700 pounds of uranium during the second quarter of 2025 at its Pinyon Plain mine in Arizona, significantly surpassing initial site performance forecasts.
Argentina and Peru strengthen cooperation in civil nuclear sector
Argentina and Peru have signed an agreement expanding their scientific and technological cooperation in the civil nuclear field, including joint research projects and specialised training programmes for future development.
World Bank resumes nuclear financing after decades of absence
After several decades without funding nuclear projects, the World Bank has formed a strategic partnership with the IAEA to provide technical and financial support to countries integrating nuclear energy into their energy strategies.
Seoul approves definitive decommissioning of South Korea’s first nuclear reactor
South Korea's Nuclear Safety and Security Commission officially validates the decommissioning of reactor number one at the Kori plant, initiating an unprecedented project for the national industry scheduled to last until 2037.
EnCore Energy raises uranium output and hails Texas nuclear reforms
Uranium producer enCore Energy surpasses three thousand pounds per day at its Alta Mesa ISR complex and sees three new Texas laws as a strong signal for faster nuclear production permits.
IAEA Confirms Concerns About Iranian Enriched Uranium Stockpile
The International Atomic Energy Agency expresses concerns over Iran’s enriched uranium stockpiles following the abrupt suspension of inspections at key sites disrupted by recent attacks whose consequences remain uncertain.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING