Standard Uranium starts Corvo drilling program

Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) earlier this week announced the start of drilling at its Corvo project, marking the first of several exploration campaigns planned for 2026.

CEO Jon Bey told Proactive that drills are now turning at the site, with the Corvo program expected to run for five to six weeks. The campaign is fully funded by partner Aventis under a three-year earn-in agreement, through which it can earn up to 75% of the project by funding exploration expenditures and making cash and share payments.

Bey described the arrangement as beneficial, allowing Standard Uranium to operate the program while leveraging partner capital.

Vice President Exploration Sean Hillacre outlined plans for approximately 3,000 metres of drilling across 8 to 10 holes. The program represents the first drill testing at Corvo in more than four decades, with the last drilling conducted in 1980.

Initial focus will centre on the Manhattan target, which returned prospecting results of 8.1% U₃O₈ in 2025. Hillacre described the grade as “really exceptional” and highlighted that the target has never previously been drill tested.

Additional drilling will target the Brooklyn and Tribeca zones, following up on mineralized holes drilled in 1979 and 1980.

The company has upgraded geophysical surveys across the property and identified two conductive trends spanning more than 29 kilometres of strike length.

Hillacre emphasized the importance of integrating geophysics, surface data and historical drilling to refine targeting, noting that an integrated geological approach is critical to improving discovery potential.

Corvo is the first of multiple planned drill programs in 2026. Following completion, Standard Uranium intends to commence drilling at the Rocas project in early March, before advancing its flagship Davidson River project later in the spring and summer.