Mr. Drew Zimmerman reports
STALLION URANIUM ANNOUNCES EXTENSION OF LOI
Further to the news release of Oct. 9, 2024, in which the company announced the signing of a binding letter of intent with an arm's-length party under which the company has granted the optionor the option to acquire an 80-per-cent interest in its Horse Heaven gold and antimony project located in Idaho, United States, the deadline to enter into a definitive agreement has been extended to Nov. 8, 2024, failing which the LOI may be terminated.
About Stallion Uranium Corp.
Stallion 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.
Its leadership and advisory teams are composed of uranium and precious metal exploration experts with the capital market experience and the technical talent for acquiring and exploring early-stage properties.
Stallion offers optionality with the Horse Heaven gold project in Idaho that 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.
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