Standard Uranium wins key permits, launching first drill program at Corvo in more than 40 years

Standard Uranium Vice President of Exploration Sean Hillacre joined Steve Darling from Proactive to share that the company has received exploration permits for its Corvo Uranium Project, which is currently under a three-year earn-in option agreement with Aventis Energy. The approval clears the way for an ambitious field program that will include high-resolution geophysical surveys and the project’s first-ever modern drill campaign, scheduled to begin in January 2026. Under the newly issued 18-month permit, the company plans to complete an extensive ground gravity survey over the property. The program will utilize a tight 50-metre by 200-metre grid and will cover more than 29 kilometres of conductive strike length across the project. More than 5,000 individual gravity stations will be measured as part of the survey. Hillacre explained that this work is designed to identify density anomalies that could represent hydrothermal alteration systems associated with uranium-fertile electromagnetic conductor trends, significantly refining drill targeting across the project. Following completion of the gravity survey, Standard Uranium plans to launch a skid-assisted diamond drilling program totaling approximately 3,000 metres during the winter 2026 field season. This campaign will mark the first drilling on the Corvo Project in more than four decades, representing a major milestone in the advancement of the property. Hillacre told Proactive that the drill program will focus on several high-priority targets, including the Manhattan Showing, which has never been drilled, along with multiple newly identified radioactive occurrences discovered through recent exploration work. The company believes these targets offer strong potential for uranium mineralization and could unlock significant new discoveries at Corvo. With permits now in hand and work programs defined, Standard Uranium is positioned to systematically advance the Corvo Project through modern exploration for the first time in a generation, as it seeks to build value through new uranium discoveries in a strengthening nuclear fuel market. #proactiveinvestors #standarduraniumltd #tsxv #stnd #otcqb #sttdf #mining #uranium #corvoproject #UraniumExploration #AthabascaBasin #DavidsonRiver #MiningInnovation #Geophysics #AmbientNoiseTomography #ResourceInvesting #FleetSpace #UraniumDiscovery #MiningNews