Standard Uranium leverages Athabasca Basin dual-model
The guest presented Standard Uranium's dual-model of high-impact exploration and joint-venture project generation as a way to maximize discovery potential while managing capital.
The argument
The flagship Davidson River project is located in the highly prospective Southwest Corner of the Athabasca Basin, adjacent to major multi-billion dollar projects. Meanwhile, the joint-venture model allows secondary assets to be advanced and kept in good standing using partner capital, generating potential cash flow and NSR royalties.
The thesis, stress-tested
✓ What validates it
- ✓Assay results from the expanded summer drilling program at Davidson River
- ✓Assay results from JV projects Corvo and Rokus
- ✓Signing of new JV agreements on remaining portfolio projects
▸ Risks discussed
- ▸Exploration is high-risk with no guarantee of commercial discovery
- ▸Dilution from capital raises to fund drilling programs
Hear it yourself
"there's just not enough projects found yet to get taken of that down that development phase. So our goal is to go out there and make discoveries, take that discovery right up to a resource stage or PEA stage and sell it off to a mining company. So that's what we did. We built the company around our flagship Davidson River project. We started, adding more projects from 2020 when we took the company public. We now have 10 projects on our portfolio, but the key point is Davidson River is really the flagship for a reason."
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