Standard Uranium (TSXV: STND) mobilized its technical team on October 1, 2026, to launch a new surface exploration program at the Corvo Project, located in the eastern Athabasca Basin of Saskatchewan. The program is funded by partner Aventis Energy, which operates in the area under a three-year earn-in agreement signed in May 2025.
The fall campaign focuses on detailed geological mapping, prospecting, and geochemical sampling. The goal is to expand knowledge of surface mineralization already identified and integrate the data with results from the winter drilling campaign. Collected samples will be shipped to the Saskatchewan Research Council’s geoanalytical laboratories in Saskatoon for geochemical analysis. The program targets prospective areas around the main targets: Manhattan, Brooklyn, and Tribeca.
The starting point is a strong one. The 2026 winter drilling campaign — the first ever conducted at the Corvo Project — intersected 55 total metres of anomalous uranium across all nine completed drill holes, over a total of 2,457 metres drilled. Of these, 23 metres fall into the moderately anomalous category (greater than 50 ppm uranium in partial digest) and 13 metres into the highly anomalous category (greater than 100 ppm). Geochemical analyses also detected elevated pathfinder elements — vanadium, cobalt, copper, and nickel — along with anomalous U:Th ratios, all hallmarks of an Athabasca-style mineralized system.
The most promising site remains the Manhattan Showing, a surface outcrop that has already returned samples grading between 1.19% and 8.10% U₃O₈. Also noteworthy is site SMDI 2052, with 0.137% U₃O₈ and 2,300 ppm thorium. Geological modelling has outlined a system of stacked graphitic faults and hydrothermal alteration zones within the basement, consistent with high-grade uranium deposits typical of the basin. The property sits just outside the current margin of the Athabasca Basin and features over 29 km of structural corridors with shallow drill targets, covered by a thin layer of glacial till.
Standard Uranium controls more than 94,400 hectares within the Athabasca Basin, one of the world’s richest uranium districts. The Corvo Project is considered by the company to be highly prospective for the discovery of high-grade basement uranium mineralization, comparable to the Rabbit Lake deposit and recent discoveries at the Gemini Mineralized Zone. Results from the fall program will be integrated into the exploration strategy to define drill targets for campaigns planned in 2027. With a confirmed mineralized system spanning several kilometres, Corvo is positioning itself as one of the most active uranium exploration projects in eastern Canada.
