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Standard Uranium Executes Definitive Agreement to Option Rocas Uranium Project and Initiates Inaugural Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Standard Uranium Ltd. (TSXV:...
About this update from Standard Uranium Ltd
[{"type":"text","content":"Standard Uranium Executes Definitive Agreement to Option Rocas Uranium Project and Initiates Inaugural Exploration ProgramVancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) (\"Standard Uranium\" or the \"Company\") is pleased to announce that it has signed a definitive property option agreement (the \"Option Agreement\"), dated September 26, 2025, with Collective Metals Inc. (CSE: COMT) (the \"Optionee\"), an arms-length party. Pursuant to the Option Agreement, the Optionee has been granted the option (the \"Option\") to acquire a seventy-five percent interest in the 4,002-hectare Rocas Project (\"Rocas\" or the \"Project\") located in the eastern Athabasca Basin region (Figure 1).Rocas Project Highlights:Prime Location – More than 7.5 km of exploration strike length along a strong NE-SW magnetic low trend coincident with EM conductors and cross-cutting faults, providing shallow drill targets south of Key Lake.Uranium at Surface – Mineralized outcrop grab samples along approximately 900 metres of strike length, grading up to 0.5 wt.% U3O8 and never drill tested1 (Figure 2).New Uranium Targets – Results from a high-resolution ground gravity survey completed in 2024 highlight potential alteration halos and high-priority exploration targets along well defined structural corridors.Inaugural Exploration – The Standard Uranium technical team mobilized to the Project September 30th, 2025, to undertake a detailed mapping, prospecting, and sampling program to ground-truth historical uranium showings at surface.Sean Hillacre, Standard Uranium President and VP Exploration, stated: \"We are very pleased to have executed the Rocas Option deal with our new partners at Collective Metals quickly, allowing our team to get boots on the ground before the snow flies in Saskatchewan. This inaugural program will allow us to build a comprehensive understanding of the geology across Rocas prior to a maiden drill program, in addition to ground-truthing historic uranium occurrences through scintillometer prospecting and re-sampling.\"Figure 1. Regional map of Standard Uranium's Rocas Project. The Project is located 75 kilometers southwest of the Key Lake Mine and Mill facilities along Highway 914.To view an enhanced version of t...