uranium exploration and drilling growth
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uranium exploration and drilling growth
56 transcript-backed statements from 5 appearances, covering milestone, exploration upside, region and other company claims. These reflect management's own framing and have not been independently verified.
The core that came out of the ground showed we were in the same geological domain
We identified 70 km of over four corridors of strike length
pushing well beyond the initial 5000 we originally said we were going to do
we know there's dry likeness system, we know there's radioactive there's been uranium going through there. We just haven't made a high-grade discovery yet.
We have a number of projects, 13 to be exact, in the Atabaska Basin, and multiple of those are under uh JV deals right now.
We have got 13 projects in the basin and we're exploring rapidly across three or four of those this year
we are about to go back and drill it for the first time since 2022. Uh, it's our flagship for a reason. This has got great high-grade potential
it was going to be in the same rock formations, the same type of basement hosted discovery as NextG's aerrow
the conductors is where you're going to find the uranium in this type of basement hosted rocks, right?
we're looking for is those high-grade smaller deposits, smaller footprints, but ones that you can actually mine and make a lot of money
it's a massive land package it's now 31,000 hectares
all-in cost is about 500 bucks a meter Canadian.
we've agreed to do a financing, bring in more cash, and really increased the size of this drill program at Davidson River this summer
So, we're funded for about 6,000 m of drilling right now.
we're going to have minimum of three projects, possibly four drill programs going this year. And for a company with a market cap of, you know, 15 to$20 million spending, you know, 7 to10 million in the ground this year.
if you have a look at our chart for the last month, month and a half, since people understand that we're fully funded for the next three drill programs through this year
we bring in a partner they fund up to three years to earn 75% of that project and they pay us in cash they pay us in shares
it's about, you know, starts off at about a million and a half year one, goes to 2 million, goes to three million by year three.
We're going to have two rigs. We're going to push it from start to June all the way to the end of August, and drill as many meters as we can
watch for news coming out of the next week when we actually get those drills. Spinning news should be first week of June
we started the company in 2017 around our flagship Davidson River
when we took the company public in 2020 and brought on Sean Hilliker
That information is coming out where? Because that that then end going to define success for you. >> first week of June.
we're ready to start drilling, and drill starts spinning in about 3 weeks.
we'll we'll tip target between 200 and 500 m of depth.
our flagship Davidson River, we're going to be drilling that this summer, getting back to there for the first time in a number of years.
We are starting off our first exploration drill program in two weeks...We anticipate the geo getting there in two weeks, February 1st, the drills will be spinning
The company has outlined an ambitious exploration campaign for 2026, including an 8,000 meter drill program at Davidson River and inaugural drilling at Corvo and Rockus
the opportunity came to me in 2017 to start standard uranium
We did our first drill program in the summer of 2020
We're going to start drilling in that first week of February, and we're going to drill Corvo, followed by Rous, followed by Davidson River
for a few years, we were private until we took it public in 2020
So Davidson River just to set the tone for our audience here it sits in the southwest corner of the Atabaska basin
we want to be one of those companies that makes a discovery and advance as a project to a mine in Saskatchewan
We are uranium exploration company based in the Athabasca Basin of Saskatchewan, Canada.
We are a Canadian exploration company focused on high-grade uranium projects in the province of Saskatchewan, Canada.
standard uranium, we are pure exploration in the Atabaska basin of Saskatchewan
We are uranium exploration company based in the Athabasca Basin of Saskatchewan, Canada.
We are a Canadian exploration company focused on high-grade uranium projects in the province of Saskatchewan, Canada.
standard uranium, we are pure exploration in the Atabaska basin of Saskatchewan
I've been in this industry now for over two decades
we started this company 8 years ago.
We're fortunate to have, you know, four in-house uh competent uranium geologists
drilling on these rocks are extremely extremely difficult to make discoveries
new geophysics we picked up in the last 2025 from a group called Fleet Space that really allowed us to peel back the overburden and get proper gravity on these targets
the conductors is where you're going to find the uranium in this type of basement hosted rocks, right?
The Atabaska basin has grades which can be a hundred times some of those other projects
Our project is a little different. It sits under about another 150 m of glacial till and the gravity was being masked.
This is the company maker. If we hit on Davidson River, the companies are rerated and we will be off to the races drilling this for until we take it up to at least a resource stage
Our Davidson River projects. It's right across the street from NextGen's Rook One Arrow project.
our market cap is 15 million.
Every claim above was said by Jon Bey in the interview it is dated to, and carries their own words. Nothing is added from filings, and nothing has been checked against them. Transcripts are automated — clearly mis-heard words are corrected for readability, never figures, dates or the speaker's own hedges. Not financial advice: an executive discussing their own company has an interest in it.
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