Standard Uranium begins drilling at Rocas project in Saskatchewan
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) said on Tuesday it has commenced drilling at its Rocas uranium project in northern Saskatchewan, the first drill campaign in the property’s history. The program will test shallow, high-grade basement-hosted uranium targets across...
Standard Uranium Ltd(TSX-V:STNDOTCQB:STTDF) View Price & Profile Standard Uranium begins drilling at Rocas project in Saskatchewan
Published: 08:46 17 Mar 2026 EDT
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) said on Tuesday it has commenced drilling at its Rocas uranium project in northern Saskatchewan, the first drill campaign in the property’s history.
The program will test shallow, high-grade basement-hosted uranium targets across multiple priority zones and is expected to run for about five weeks, the company said.
The Phase I campaign will consist of roughly 1,200 to 1,500 metres of diamond drilling across six to eight holes, targeting mineralization at depths of less than 200 metres below surface.
The company said the campaign will, for the first time, test a 7.5-kilometre electromagnetic corridor that hosts historical surface mineralization, including uranium grades of up to 0.5% U3O8 and rare earth element results reaching 9.83% total rare earth oxides from prior exploration.
The project is subject to a three-year earn-in agreement with Collective Metals Inc, which can acquire a 75% interest by funding C$4.5 million in exploration. The current drill program is being funded by Collective and operated by Standard Uranium.
“Our team and partners at Collective are excited to launch the first-ever drilling campaign at the Rocas Project,” said Sean Hillacre, president and vice president of exploration.
“We are applying a discovery-driven approach to an untested, project-wide corridor that is evidenced to be fertile with uranium and rare earth elements. By integrating surface mineralization with high-confidence geophysical data, we've established robust targets to test for shallow, structurally-hosted mineralization.”
Standard Uranium added that one drill rig will focus on high-priority targets identified along conductive trends associated with cross-cutting fault structures and surface radioactivity.
Rocas spans more than 4,000 hectares across three mineral claims in the southeastern Athabasca Basin, about 75 kilometres southwest of the Key Lake mine and mill facilities.
The company said the project is prospective for shallow, high-grade uranium mineralization, noting that historical surface samples along a roughly 900-metre trend have returned grades of up to 0.498% U3O8 but have not previously been drill tested.