Standard Uranium Ltd.
Financials:
Primary ticker: TSXV:STND, OTC:STTDF, FWB:9SU
Stage of development: Exploration
Primary minerals: Uranium
Project to promote: Davidson River Project
Project location: Canada
Website: www.standarduranium.ca
Standard Uranium is a mineral resource exploration company based in Vancouver, British Columbia.
Since its establishment, Standard Uranium has focused on the identification and development of prospective exploration stage uranium projects in the Athabasca Basin in Saskatchewan, Canada.
Standard Uranium’s Flagship Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, is comprised of 21 mineral claims over 25,886 hectares. The Davidson River Project is highly prospective for basement hosted uranium deposits yet remains relatively untested by drilling despite its location along trend from recent high-grade uranium discoveries.
Standard Uranium’s Sun Dog Project, in the northwest part of the Athabasca Basin, Saskatchewan, is comprised of 6 mineral claims over 15,770 hectares. The Sun Dog Project boasts all the favorable characteristics to host an Athabasca-style unconformity-related uranium deposit, and despite positive historical results, the Project has not been drill tested in 14 years.
Cash: CAD$2.7M
Debt: Nil
Major shareholders:
Sachem Cove
L2 Capital
Tribeca Investment Partners
Azarias Capital
Management & Insiders
Management ownership – 10% – 15%
Management Profile
Jon Bey – CEO & Chairman
Mr. Bey is a capital markets executive with over 13 years in the junior exploration industry with experience in uranium, gold, silver, lead, zinc, diamonds and oil and gas. He has public company experience across several sectors and with companies listed on the TSX, TSX-V, CSE, and LSE Exchanges. Mr. Bey is the founder and Managing Director of the Steel Rose Group of companies.
Sean Hillacre -VP Exploration
Mr. Hillacre has 7 years’ experience working as an exploration geologist in the Athabasca Basin uranium district in Saskatchewan working as part of the technical team progressing the Arrow uranium deposit towards production with NexGen Energy. A high-energy, results oriented geoscientist, Mr. Hillacre brings a unique and balanced background integrating academic geoscience with industry experience, along with a comprehensive understanding of project development. Mr. Hillacre received his B.Sc. & M.Sc. degrees in Geology from the University of Saskatchewan.
What is your rationale for taking part 121 Mining Investment?
To meet with current and potential investors.
What recent news would you like to highlight to investors attending?
February 1 – Standard Uranium Announces Final Analytical Results at Flagship Davidson River Project and High-Grade Uranium Assays from Sun Dog Project Grab Samples
February 7 – Standard Uranium Begins Winter Exploration Program at Sun Dog Project, Announces Staffing Update and Granting of Stock Options
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Execute inaugural Sun Dog drill program
6 Months:
Execute Davidson River drill program & complete geophysical surveys on East Side Projects
12 Months:
Expand drill targets on all projects and grow the Standard technical team towards making a high-grade uranium discovery
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Current risks and challenges include securing competent contractors, navigating the changing First Nations engagement processes, finding key personnel to support the ambitions of the Company.
What do you think makes your company such a compelling investment?
Our great projects in the Athabasca Basin and our skilled team of individuals with proven success in uranium exploration.
What are the top 3 key investor takeaways?
1. Standard Uranium holds some of the most prospective land in the world’s best uranium district (the Athabasca Basin) in a world class mining district (Saskatchewan)
2. Standard Uranium was built with a hand-picked team of skilled and motivated individuals with a wide range of experience and proven track records of success in uranium exploration
3. The uranium market is heating up, and Standard Uranium is well positioned to continue driving our exploration efforts on all projects to unlock shareholder value