popular articles

Standard Uranium expands its Corvo project in the Athabasca Basin

Standard Uranium expands its Corvo project in the eastern Athabasca Basin to 12,265 hectares with increased exploration prospects and new partnerships.

Please share:

Standard Uranium announces the significant expansion of its Corvo project in the eastern Athabasca Basin, Saskatchewan, Canada.
With the acquisition of three new mining claims, the company increases the size of its project to 12,265 hectares.
This development strengthens its exploration capacity, with an extension of the exploration corridor from 14.5 km to 29.3 km, offering new opportunities for the identification of uranium deposits.
The Corvo project is strategically located near major uranium deposits such as the Gemini Mineralized Zone (GMZ) and Cameco’s McArthur River mine.
The expansion covers areas with geological faults and electromagnetic conductors, which are key indicators of uranium mineralization.
This area, well known for its rich uranium content, is one of the most promising for the development of shallow deposits.

Exploration plan for 2024: a modern geophysical survey

As part of its 2024 objectives, Standard Uranium plans to carry out a high-resolution aerial electromagnetic survey of the entire Corvo project.
This process aims to accurately identify conductive corridors and faults, facilitating the targeting of new drilling zones.
This type of survey is crucial for validating geological anomalies, reducing exploration risks, and ensuring the identification of high-potential drilling targets.
At the same time, a field prospecting campaign will be launched to validate the historical results of uranium discoveries, particularly in the “Manhattan Showing” area.
This area has revealed high-grade uranium samples (up to 59,800 ppm at surface), but has never been drilled in depth.
This phase of prospecting is aimed at uncovering target areas for future drilling, thus contributing to the project’s attractiveness for potential exploration partnerships.

An accessible project for strategic partnerships

The Corvo project is an attractive candidate for investors and partners seeking opportunities in the uranium sector.
The project’s proximity to key infrastructure, such as the Rabbit Lake mill and Highway 905, facilitates its development.
As a project available for joint venture or option, Corvo benefits from favorable logistical access and conditions conducive to rapid resource development.
The project’s expansion is also designed to meet the growing demand for uranium as a key component of global energy production.
As energy markets turn to low-carbon sources, the discovery and exploitation of new uranium deposits is becoming a strategic priority.
Corvo, with its shallow targets and favourable geological characteristics, is well positioned to contribute to this dynamic.

Uranium prospects in the eastern Athabasca Basin

The expansion of the Corvo project reflects Standard Uranium’s strategy to increase its presence in the eastern Athabasca Basin, a region renowned worldwide for its high-quality uranium deposits.
By increasing its land holdings in this area, the company is in a strong position to capitalize on the growing interest in uranium.
The region, already home to several first-rate projects, continues to attract the attention of investors and operators alike.
With this expansion, Standard Uranium is pursuing a long-term strategy aimed at maximizing exploration potential while limiting initial costs through the use of modern geophysical detection techniques.
With recent discoveries in the area, the Corvo project could become a key player in the sector.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Fermi Energia has signed a strategic agreement with Samsung C&T to develop two small modular reactors in Estonia, targeting commercial operation by 2035.
China National Nuclear Corporation mobilizes international investors and financial partners for a unique nuclear project combining two distinct technologies to simultaneously supply industrial heat and electricity, marking a new strategic step for China's energy industry.
China National Nuclear Corporation mobilizes international investors and financial partners for a unique nuclear project combining two distinct technologies to simultaneously supply industrial heat and electricity, marking a new strategic step for China's energy industry.
Framatome and TechnicAtome have acquired Segault, a strategic nuclear valve manufacturer, thereby blocking a takeover by the American firm Flowserve following opposition from the French government.
Framatome and TechnicAtome have acquired Segault, a strategic nuclear valve manufacturer, thereby blocking a takeover by the American firm Flowserve following opposition from the French government.
The United States Nuclear Regulatory Commission has approved a 20-year extension for the operating licences of Oconee Nuclear Station, reinforcing energy supply in the Carolinas amid growing regional demand.
The United States Nuclear Regulatory Commission has approved a 20-year extension for the operating licences of Oconee Nuclear Station, reinforcing energy supply in the Carolinas amid growing regional demand.
A radioactive steam leak detected in the reactor building of Flamanville unit 1 forces EDF to postpone its restart by one month, according to the Nuclear Safety and Radiation Protection Authority.
French firm Framatome has been selected to modernise control systems at Switzerland’s Leibstadt nuclear plant, as part of a strategic investment aiming to extend its operation through 2045.
French firm Framatome has been selected to modernise control systems at Switzerland’s Leibstadt nuclear plant, as part of a strategic investment aiming to extend its operation through 2045.
The U.S. Department of Energy reopens a $900M envelope to finance the construction of third-generation small modular reactors, aiming to rapidly expand national power capacity.
The U.S. Department of Energy reopens a $900M envelope to finance the construction of third-generation small modular reactors, aiming to rapidly expand national power capacity.
HYLENR Technologies has signed a memorandum of understanding with TakeMe2Space to test a low-energy nuclear reaction power solution aboard satellites designed for orbital computing.
HYLENR Technologies has signed a memorandum of understanding with TakeMe2Space to test a low-energy nuclear reaction power solution aboard satellites designed for orbital computing.
Japanese researchers have assembled a rechargeable battery harnessing the chemical properties of uranium, aiming to convert stored depleted uranium into a strategic energy storage resource.
The French government is pressing EDF and industrial players to reach a pricing agreement by summer, amid ongoing tensions over nuclear supply contracts.
The French government is pressing EDF and industrial players to reach a pricing agreement by summer, amid ongoing tensions over nuclear supply contracts.
Two small modular reactor developers begin preliminary engagement with the US nuclear authority, ahead of filing applications for distinct projects targeting industrial use cases.
Two small modular reactor developers begin preliminary engagement with the US nuclear authority, ahead of filing applications for distinct projects targeting industrial use cases.
Fortum continues preparations for new nuclear capacity in Finland and Sweden, selecting three suppliers after a two-year feasibility study.
Fortum continues preparations for new nuclear capacity in Finland and Sweden, selecting three suppliers after a two-year feasibility study.
NRG-Pallas will conduct irradiation tests necessary for qualifying materials and fuel of Kairos Power's modular reactor, a critical prerequisite for regulatory approval in the United States.
Tokyo Electric Power Company will begin next week the removal of thousands of contaminated sandbags, stored since 2011 in the Fukushima Daiichi basements, using robots designed for high-radiation environments.
Tokyo Electric Power Company will begin next week the removal of thousands of contaminated sandbags, stored since 2011 in the Fukushima Daiichi basements, using robots designed for high-radiation environments.
Welding of the main reactor for Egypt’s El Dabaa nuclear power plant has been completed in Russia, marking a major milestone in the development of the country's first civilian nuclear programme.
Welding of the main reactor for Egypt’s El Dabaa nuclear power plant has been completed in Russia, marking a major milestone in the development of the country's first civilian nuclear programme.
Kazakh President Kassym-Jomart Tokayev has established a new agency to oversee nuclear energy, appointing Almassadam Satkaliyev as its head. This structure aims to enhance the country’s energy security and support its long-term nuclear ambitions.
Kazakh President Kassym-Jomart Tokayev has established a new agency to oversee nuclear energy, appointing Almassadam Satkaliyev as its head. This structure aims to enhance the country’s energy security and support its long-term nuclear ambitions.
The US Department of Energy allocated a $57 million loan to Holtec International to support the relaunch of the Palisades nuclear plant, which has been closed since 2022, to ensure compliance with NRC safety standards.
Orano and Navoiyuran have signed a strategic agreement for the industrial development of the South Djengeldi uranium deposit in Uzbekistan, with the entry of Japanese company ITOCHU Corporation as a minority partner.
Orano and Navoiyuran have signed a strategic agreement for the industrial development of the South Djengeldi uranium deposit in Uzbekistan, with the entry of Japanese company ITOCHU Corporation as a minority partner.
Chubu Electric starts dismantling reactors at Hamaoka plant, marking a turning point in the management of its nuclear sector as Japan plans to gradually reintroduce nuclear energy into its energy mix.
Chubu Electric starts dismantling reactors at Hamaoka plant, marking a turning point in the management of its nuclear sector as Japan plans to gradually reintroduce nuclear energy into its energy mix.
President Emmanuel Macron has announced an additional delay for the commissioning of the first EPR2 reactors, now set for 2038 instead of 2035. This decision was made during a meeting dedicated to the nuclear program.
President Emmanuel Macron has announced an additional delay for the commissioning of the first EPR2 reactors, now set for 2038 instead of 2035. This decision was made during a meeting dedicated to the nuclear program.
Tests on the concrete of the EPR2 Penly seawall have raised doubts about its compliance with safety standards, according to Mediapart and Reporterre. EDF and Eiffage contest these claims, asserting that the material meets technical requirements.
On Monday, President Emmanuel Macron will chair a Nuclear Policy Council focused on small modular reactors (SMRs) and uranium supply, within a global context of renewed interest in nuclear energy.
On Monday, President Emmanuel Macron will chair a Nuclear Policy Council focused on small modular reactors (SMRs) and uranium supply, within a global context of renewed interest in nuclear energy.
A group of technology and energy companies, along with 31 countries, has signed a pledge to triple global nuclear capacity by 2050, supporting a strategic expansion of this energy source.
A group of technology and energy companies, along with 31 countries, has signed a pledge to triple global nuclear capacity by 2050, supporting a strategic expansion of this energy source.
Rafael Mariano Grossi, IAEA Director-General, is visiting Niger to discuss nuclear cooperation. This visit comes at a time when the country, a major uranium producer, is experiencing internal political tensions.
Rafael Mariano Grossi, IAEA Director-General, is visiting Niger to discuss nuclear cooperation. This visit comes at a time when the country, a major uranium producer, is experiencing internal political tensions.

Advertising