10:47 AM EDT, 07/23/2025 (MT Newswires) -- Aventis Energy ( VBAMF ) and Standard Uranium ( STTDF ) on Wednesday provided a summary of "positive" results from an airborne Time Domain Electromagnetic (TDEM) survey completed on its Corvo Uranium project earlier this year.
Among highlights cited by the companies in a statement, they said the modern TDEM dataset confirms and improves previously defined EM conductors on the project, outlining 29 kilometres of prospective exploration strike length across the project. Multiple high-priority target areas along the conductors were identified.
Results of the survey are currently undergoing further digital processing and modeling to prioritize target areas for inaugural drilling in 2026, and a diamond drill program is being planned for the first quarter of 2026 to begin testing targets developed and ranked through the detailed exploration and geophysical programs executed this year.
Shares of Aventis were last seen up 9% at $0.54 and had hit a fresh 52 week high of $0.56 on the Canadian Securities Exchange while shares in Standard Uranium ( STTDF ) were up 5.3% at $0.10 on the TSX Venture Exchange.
Price: 0.54, Change: +0.05, Percent Change: +9.09