Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) has engaged Fleet Space Technologies to deploy its ExoSphere Ambient Noise Tomography and ground gravity surveys at the Davidson River project in the Athabasca Basin.
The Vancouver-based company told investors that it is the first use of the technology in the southwest Athabasca Basin.
The partnership will integrate Fleet Space’s multiphysics solution to advance exploration on the flagship project, which spans over 30,700 hectares.
Fleet Space’s ExoSphere platform leverages a low-Earth orbit (LEO) satellite network, AI-driven analytics, and seismic sensors to deliver real-time 3D imaging of subsurface structures.
By combining ANT and gravity data, the surveys aim to refine drill targets by characterizing subsurface structures and identifying uranium deposit vectors across four main conductive corridors.
"We are very excited to be working with the Fleet Space team on what will be the first deployment of ExoSphere Multiphysics surveys in the southwest Athabasca Basin," said Sean Hillacre, Standard Uranium’s president and vice president of exploration.
"I look forward to de-risking our exploration strategies and upgrading our drill targets at Davidson River through these cutting-edge technologies, which will provide additional discovery vectors on our flagship project."
The technology, already utilized by major resource companies like Rio Tinto and Barrick, enables rapid data acquisition and minimizes environmental impacts.
Davidson River lies in a prospective zone near NexGen Energy’s Arrow deposit and Fission Uranium’s Triple R deposit. Historical drilling and geophysical surveys have identified significant uranium-bearing corridors.
The upcoming ANT-Gravity surveys aim to build on this groundwork with enhanced targeting precision.
Standard Uranium plans to use the findings from the survey to guide its 2025 drilling program, prioritizing new high-potential areas and revisiting promising targets identified in its 2022 campaign.
The company holds over 94,000 hectares in Canada’s Athabasca Basin, renowned for hosting the world’s highest-grade uranium deposits.