Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) has filed an NI 43-101 technical report for its 100%-owned Corvo Uranium Project in northern Saskatchewan.
The report, co-prepared by Axiom Exploration Group, details the 12,265-hectare property located near the eastern edge of the Athabasca Basin.
Under an option agreement, Aventis Energy can earn a 75% interest by funding C$4.5 million in exploration over three years.
The project is considered highly prospective for basement-hosted uranium and rare earth element mineralization.