In this two-part, year end interview, FTMIG's Jon Smith sits down with Jon Bey, Chairman, President & CEO of Standard Uranium, as well as Neil McCallum, VP Exploration and Sean Hillacre, Project Manager / Project Geologist. We get Jon's thoughts on the recent price action in uranium stocks, how 2020 has gone for the company, why new investors should consider investing and why he has been frequently buying shares in the open market for the last 6 weeks. We then pivot to a more technical discussion with Neil and Sean, who help us dissect Standard Uranium's two most recent press releases, which outline the analysis of the Phase I drilling program completed in September at the company's Davidson River project, plans for the Phase II drilling program slated to start in late January / early February (pending the local health situation), and key takeaways from recent grab sample assays results from the company's Sun Dog property (formerly the Gunnar property).
00:00 - Intro
00:50 - Catch Up With CEO Jon Bey
13:46 - Technical Discussion Introduction with Neil & Sean
19:30 - Review of Phase II Drilling Targets
33:30 - Discussing Geochemical Results from Phase I
39:28 - Corridor Comparison (Davidson River, Arrow & Triple-R)
44:48 - Update on the Sundog Project
49:20 - Closing Remarks
Standard Uranium (TSX-V: STND) is a Canadian junior uranium exploration company focused on finding a high grade uranium discovery in the Athabasca Basin in Saskatchewan, Canada. Standard Uranium's flagship asset is their Davidson River project, which appears to be on the western extension of the same conductive corridor (the Patterson Lake Corridor) that hosts known high grade uranium deposits such as NexGen Energy's Arrow deposit and Fission Uranium's Triple-R deposit. The company's Phase I drill program, started in August and completed in September on budget and on time, has been considered a success by the team, and will be followed up by a fully funded, fully permitted Phase II program in Q1 of 2021. Following a successful $3.4M financing closed in October, Standard Uranium is fully capitalized for not only Davidson River Phase II, but also for follow-up work on its Sun Dog project (expected late Q1 2021) as well as for operating G&A for the next while.
Standard Uranium CEO Jon Bey has assembled a solid team for a recently-public, junior exploration company. In addition to VP Exploration Neil McCallum, who has over 15 years of experience exploring for uranium in the Athabasca Basin, Standard has also attracted Garrett Ainsworth (director), Galen McNamara (technical advisor) and Sean Hillacre (drill program manager / project geologist), all of whom have extensive experience at NexGen Energy's Arrow deposit and know exactly what rock types to look for in order to discover the Athabasca Basin's next Tier 1 uranium discovery. The highly prospective Davidson River property and the level of experience of the team has attracted the attention and confidence of several of the globe's top uranium-focused funds, and Standard Uranium counts Sachem Cove (Mike Alkin), L2 Capital (Marcello Lopez) and Tribeca Investment Partners (Guy Keller) as key shareholders.
Standard Uranium is listed and trades on the Toronto Venture Exchange under the symbol TSX-V: STND and the Frankfurt Exchange under symbol FRA: 9SU. At the time of writing, quotation on the OTCQB marketplace is not yet in place, but is being pursued and expected soon.
For more information on Standard Uranium please visit their website at: https://www.standarduranium.ca/
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Originally filmed on December 8th, 2020.