Standard Uranium Ltd. provided an update on its plans for the upcoming phase II summer drilling program at its 25,886-hectare Davidson River Uranium Project (the “Project”). The Company concluded the Phase II winter program at the Project on March 29, 2021. Based on positive indications from the winter drill program, the Company announced on March 29, 2021 it would quadruple the summer program to 10,000 metres. The Company announced that Geotech Drilling has been selected as new drilling partner at the Project. Along with Dahrouge Geological Ltd., Access Helicopters, and the team at Big Bear Lodge, all vendors have been secured and the phase II 10,000 metre summer drill program is slated to commence the first week of June with crews mobilizing the last week of May. The drill program is expected to run the entire summer season, wrapping up in mid-September. The Project is situated in the Southwest Athabasca Uranium District of Saskatchewan, 25 to 30 kilometres to the west of Fission Uranium’s Triple R and NexGen’s Arrow deposits and encapsulates the inferred continuation of the uranium-fertile Patterson Lake corridor. The Company plans to use the Big Bear Lodge located on Grygar Lake as its base camp for the upcoming summer exploration program. The Company has been collaborating with Big Bear Lodge for last two drilling campaigns and have established a great working relationship with the local community. Chief Teddy Clark of the Clearwater River Dene Nation (the “CRDN”) has been supportive of work programs due to the Company’s practice of working closely with local service providers and staff, whenever possible. Support has also been fostered with the commitment to the safety of the local community by exceeding health guidelines relating to Covid-19 management. Next Exploration Steps at the Project: The Saint trend has provided promising geological results with only one drill hole thus far. The Company intends to drill this trend first with multiple holes to start the summer program. Assay results from the 2021 winter drill program are expected to arrive in mid-May and the Company will incorporate those results into planning the follow up drill holes on the Warrior trend. The southeastern portion of the Warrior trend is expected to be tested where several structural targets lie. The Company will progress to the next exploration milestone of widening the search to the other exploration corridors on the Project. The Bronco and Thunderbird trends have several targets of interest that were developed during the geophysical surveying of the Project.