Standard Uranium begins drilling at Corvo uranium project in Saskatchewan
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) announced that drilling has commenced at its Corvo uranium project near Wollaston Lake in northeastern Saskatchewan. The Corvo project, covering 12,364 hectares, is subject to a three-year earn-in option agreement with Aventis Energy....
Standard Uranium Ltd(TSX-V:STNDOTCQB:STTDF) View Price & Profile Standard Uranium begins drilling at Corvo uranium project in Saskatchewan
Published: 09:08 11 Feb 2026 EST
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) announced that drilling has commenced at its Corvo uranium project near Wollaston Lake in northeastern Saskatchewan.
The Corvo project, covering 12,364 hectares, is subject to a three-year earn-in option agreement with Aventis Energy. Under the agreement, Aventis has the option to earn a 75% interest in the project by funding C$6 million in exploration expenditures over three years. Aventis is funding the current drill program, which is being operated by Standard Uranium.
The company said the winter drill program is expected to include approximately 2,500 to 3,000 metres of diamond drilling across eight to ten holes, with an anticipated duration of five to six weeks.
Initial drilling is focused on the Manhattan target area, with additional holes planned along prospective electromagnetic corridors supported by gravity survey data.
Standard Uranium noted that target areas were refined using geophysical work completed in 2025, along with recent prospecting, mapping, and surface radioactivity measurements.
The company reported grab samples with elevated uranium content from surface work at the Manhattan area, although it cautioned that grab samples are selective by nature.
The company said target selection for the 2026 drill campaign was conducted in collaboration with Convolutions Geoscience and was based on geophysical signatures, geological and structural setting, proximity to surface uranium occurrences, and recent field mapping results.
"The team and I are thrilled to announce that the drill is spinning on the Corvo project for the first time in more than 40 years, kicking off our winter exploration season," Standard Uranium president and vice president exploration Sean Hillacre said in a statement.
"This program also marks the first drill holes ever at the Manhattan showing, which returned uranium grades up to 8.10% U3O8 in surface samples from our prospecting program in 2025."