Mr. Drew Zimmerman of Stallion reports

STALLION URANIUM ADVANCING KEY TARGETS WITH HELISAM SURVEY

Stallion Uranium Corp. is currently conducting a HeliSAM survey over its Fishhook target and Five of Diamonds target, both located on the company's Atha Energy Corp. joint venture project. The HeliSAM survey will total over 400 kilometres of flight lines and is aimed at enhancing and upgrading the understanding of the geological and conductive features of the target areas.

"This HeliSAM survey is another important step progressing high-priority target areas through our exploration funnel, working to bring additional Tier 1 targets towards drill readiness," said Drew Zimmerman, chief executive officer of Stallion. "The nine Tier 1 targets identified across our projects give us a scale of uranium discovery potential that is unmatched in the prolific southwestern Athabasca basin."

The HeliSAM survey, conducted using advanced helicopter-borne electromagnetic technology, will provide high-resolution data critical for identifying and enhancing potential uranium targets. This innovative approach allows for efficient and comprehensive mapping of subsurface structures, enabling Stallion to further refine its exploration target areas.

"We are excited to begin this HeliSAM survey, which represents further advancement of our Atha Energy JV project," said Darren Slugoski, vice-president, exploration, for Stallion Uranium. "The results will provide confidence in selecting high-priority areas along the 18-kilometre trend as the data guides us to smaller target areas that display the known geological characteristics associated with large uranium deposits."

The Fishhook target was initially identified by Stallion's 2023 MobileMT survey and is situated along the Fishhook corridor. The corridor has a historical drill hole eight kilometres south of Stallion's target area, hole FH-7, the Fishhook showing, that intersected anomalous uranium concentrations within the Athabasca sandstone, returning assays of 0.139 per cent U3O8 (0.118 per cent uranium). Drilling revealed poorly consolidated Athabasca formation sandstone in contact with highly altered regolith, indicating the potential for the Fishhook trend to be fertile to host a uranium deposit. The HeliSAM survey will help identify secondary crosscutting features that align with a strong electromagnetic signal.

In addition to the Fishhook target, Stallion Uranium will also survey the Five of Diamonds target using the HeliSAM method. The Five of Diamonds target branches off from the Fishhook trend, making it a compelling prospect that Stallion has prioritized for inclusion in the survey.

The company will provide the survey results after the data are collected and interpreted.

HeliSAM survey details

Dias Geophysical was contracted to conduct the HeliSAM survey to map the electrical characteristics of conductors on the selected target areas.

Subaudio magnetics (SAM) is a proprietary system provided to Dias Geophysical through its wholly owned subsidiary, Gap Geophysics Australia, out of Brisbane, Australia. The SAM technique is a total B-field method capable of simultaneous acquisition of magnetic and electric field responses of the earth. High-spatial-resolution total magnetic field intensity (TMI), magnetometric conductivity (MMC) and/or total field electromagnetic (TFEM) data will be collected from a SAM survey.

The SAM receiver can be used with a grounded, galvanic dipole or an inductive-loop transient electromagnetic (TEM) source. An inductive-loop survey will provide information on the TFEM and TMI responses while a galvanic source survey will provide information on the MMC, TFEM and TMI responses. The main advantage of this B-field sensor and technique, besides its inherent high sensitivity, is that total field magnetic component measurements can be made with the sensor in motion. SAM will be towed by helicopter (HeliSAM).

Qualifying statement

The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed by Darren Slugoski, PGeo, vice-president, exploration, a registered member of the Professional Engineers and Geoscientists of Saskatchewan. Mr. Slugoski is a qualified person as defined by National Instrument 43-101.

About Stallion Uranium Corp.

Stallion Uranium is working to fuel the future with uranium through the exploration of roughly 3,000 square kilometres in the Athabasca basin, home to the largest high-grade uranium deposits in the world. The company, with joint venture partner Atha Energy, holds the largest contiguous project in the western Athabasca basin, adjacent to multiple high-grade discovery zones.

The company's leadership and advisory teams comprise uranium and precious metal exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties.

Stallion offers optionality with the Horse Heaven gold project in Idaho, which neighbours the world-class Stibnite gold deposit held by Perpetua Resources, offering exposure to upside potential from district advancement with limited capital expenditures.

We seek Safe Harbor.