Standard Uranium Ltd. announce its exploration plans for 2024, comprising multiple targeted exploration programs to continue advancing its uranium projects in the Athabasca Basin (the ?Basin?), Saskatchewan, Canada towards discovery. The Company holds nearly 200,000 acres of prime exploration real estate comprising eight projects across the prolific Athabasca Basin, which hosts the world?s highest grade uranium deposits. The Company boasts multiple turnkey, drill-ready projects across the Basin, with permits in hand, First Nations agreements signed, vendors secured, and highly prospective uranium targets.

Canary Project: In addition to programs along the north- and southwest rims of the Basin, the Company has struck a definitive option agreement with Mamba Exploration Ltd. (?Mamba?) on its east side Canary project (?Canary?), 11km north of the high-grade Hurricane uranium deposit. The three-year earn-in deal stipulates Mamba to fund $6M in exploration expenditures during the earn-in period, with the inaugural drill program planned for spring 2024. Ascent Project: An inaugural drill program at the Company?s Ascent project (?Ascent?), is being planned for H1 2024.

The Company has signed a Term Sheet on January 9, 2024 with Summit Fusion Pty. Ltd. (?Summit Fusion?) on its 3,737-hectare, east side Ascent project. The three-year earn-in deal stipulates Summit Fusion to fund $6M in exploration expenditures during the earn-in period, with the inaugural $1 million drill program planned for spring 2024.