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Standard Uranium Ltd.

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Summary

Project:

Davidson River

Deposit:Davidson River
Location:Canada
Commodities:Uranium-Nickel
Date:8/29/2019
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resources Definition
Report details:29-8-2019: Standard Uranium Ltd. announces a Supporting Acquisition report for its Davidson River deposit at the Davidson River project. Summary of property in support of acquisition. This Technical Report is prepared for Standard Uranium Ltd. (“Standard
Resources:x
CP/QP:[Overall Report]: John Gorham (Independent)
ABSTRACT:This Technical Report is prepared for Standard Uranium Ltd. (“Standard Uranium”) and summarizes historic exploration on and near the Davidson River Property (the “Property”), geophysical work carried out by Dahrouge Geological Consulting Ltd. (“Dahrouge”) in 2015 and airborne geophysical surveys carried out by Goldak Airborne Surveys in 2016 and Geotech Ltd. in 2018, as well as analysis interpretation of the results of the Geotech Ltd. Survey carried out by Condor North Consulting ULC. of Vancouver, British Columbia in 2019,a ZTEM survey carried out by Geotech Airborne Geophysical Surveys in May, 2019, and field work conducted in July, 2019 by Dahrouge. The Property is located within northwest Saskatchewan, Canada, and lies south of the southern margin of the Athabasca Basin. The Property is situated approximately 18 km west of Patterson Lake and is bounded by the Alberta-Saskatchewan border to the west. It is located approximately 135 km northeast of the city of Fort McMurray, Alberta and 125 km north of La Loche, Saskatchewan. The Property comprises 16 contiguous mineral dispositions and three nearby dispositions, which in total cover an area of approximately 32,234 ha. Five dispositions (MC00000237, MC00000238, MC00000239, MC00000240, and MC00000241) are 100% owned by Jody Dahrouge, who has granted Standard Uranium (through its wholly-owned subsidiary, TY & Sons (Saskatchewan) Explorations Inc.) the option to acquire them. The other 14 dispositions are 100% owned by Standard Uranium (Table 4-1 and Figure 4-2). Details are presented in Section 4.

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