Mr. Matthew Schwab reports

STALLION URANIUM INTERSECTS HIGHEST RADIOACTIVITY TO DATE AT COYOTE, PLANS TO EXPAND DRILL PROGRAM TO 6,750 METRES

Stallion Uranium Corp. has provided an update on its continuing exploration activities across its Athabasca basin uranium portfolio in Northern Saskatchewan.

Stallion has now completed 4,626 metres of drilling at the Coyote target, including two additional drill holes, ML26-005 and ML26-006A, with the latest drilling intersecting increased radioactivity as the company continues to advance its understanding of the Coyote system.

Encouraged by the progression of the 2026 drill program and the geological information generated to date, Stallion plans to expand its current 5,500-metre program to approximately 6,750 metres before the end of the exploration season, representing an additional 1,250 metres of planned drilling at Coyote.

In parallel, Stallion has mobilized a ground gravity survey over its highest-priority target at the Stone Island project.

Together, the continued advancement of Coyote and progression of Stone Island demonstrate Stallion's systematic exploration strategy of integrating geology, geophysics, and advanced data analysis to progressively identify, validate and drill-test the highest-priority uranium targets across its Athabasca basin portfolio.

Coyote drilling update

Drilling at Coyote has now reached 4,626 metres, representing approximately 84 per cent of the company's previously announced 5,500-metre program.

The latest drilling includes holes ML26-005 and ML26-006A, which intersected increased radioactivity, highlighted by a peak response of 1,416 cps (counts per second) in ML26-005 within a 2.3-metre interval averaging 595 cps. The drilling continues to provide important geological information as Stallion refines its understanding of the structural and alteration systems associated with the Coyote target.

The company plans to complete the remaining metres of the current program and, based on the geological information generated to date, intends to expand drilling to a total of approximately 6,750 metres before the end of the 2026 exploration season.

The additional drilling will allow Stallion to continue testing and refining priority areas within the Coyote system while incorporating the growing geological and geophysical data set developed throughout the 2026 program.

Stone Island gravity survey mobilized

Stallion has mobilized crews to conduct a ground gravity survey over a high-priority target at the company's Stone Island project.

The gravity survey is designed to identify subtle density variations that may be associated with alteration systems and structural features prospective for Athabasca basin uranium mineralization.

The gravity program represents another step in Stallion's systematic exploration methodology: progressively layering geological interpretation, historical information, airborne and ground geophysics, and advanced data analysis to reduce large exploration areas into increasingly focused, drill-ready targets.

Building a pipeline beyond Coyote

While Coyote remains the company's primary drill focus, Stallion believes that advancing additional high-quality targets across its portfolio is an important component of creating long-term exploration value.

The progression of Stone Island demonstrates how Stallion is applying its systematic exploration approach across its Athabasca basin portfolio. The company's strategy has been to systematically advance targets from regional-scale data sets through progressively higher-resolution exploration before committing significant capital to drilling.

This methodology has guided the advancement of Coyote from an exploration concept into an active multiphase drilling program and is now being applied to the next generation of targets within Stallion's portfolio.

Matthew Schwab, chief executive officer of Stallion, said: "The increasing radioactivity encountered at Coyote, including our highest peak response to date in ML26-005, represents another encouraging step forward as we continue to understand this system. Importantly, we are evaluating these results alongside the alteration, structural geology and geophysical data generated throughout the program. The continued progression at Coyote gives us the confidence to expand the program to approximately 6,750 metres and continue testing the system before the end of the season.

"Coyote is demonstrating the value of that methodology, and Stone Island represents an opportunity to apply the same disciplined approach to another high-priority target within our portfolio. We believe maintaining this pipeline of advancing targets gives Stallion multiple opportunities for discovery across our Athabasca basin land position."

Next steps

Stallion's near-term exploration activities include:

• Completion of the remaining metres of the current Coyote drilling program and the planned expansion toward approximately 6,750 metres of total drilling;
• Continued geological interpretation and integration of results from ML26-005, ML26-006A and the broader 2026 Coyote drill program;
• Completion and interpretation of the Stone Island ground gravity survey;
• Integration of the gravity results with the previously completed Haystack AI targeting work and existing geophysical data sets;
• Continued advancement and ranking of priority targets across Stallion's broader Athabasca basin portfolio.

The company will provide additional updates as exploration activities progress and results become available.

Gamma logging and geochemical assaying

All core radioactivity was measured using a RS-125 Super-SPEC handheld gamma-ray spectrometer. Down hole probing radiometric surveying was conducted with a Mount Sopris QL40GR-1000 down hole total gamma probe. The total gamma results provided in Table 1 were selected using a cut-off of 300 cps over a 0.3-metre downhole width.

All drill core samples from the 2026 program will be shipped to the Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Sask., an ISO/IEC 17025/2005- and Standards Council of Canada-certified analytical laboratory. Stallion Uranium requests multielement analysis by ICP-MS and ICP-OES using total (HF:NHO3:HClO4) and partial digestion (HNO3:HCl), boron by fusion. One-half of the split core samples are retained and the other half cores are sent to the SRC for analyses. Blanks, standard reference materials and repeats are inserted into the sample stream at regular intervals by Stallion Uranium geologists and SRC in accordance with industry-standard quality assurance/quality control (QA/QC) procedures.

All reported depths and intervals are drill hole depths and intervals, unless otherwise noted, and do not represent true thicknesses, which have yet to be determined. The reader is cautioned that gamma probe readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials.

Qualifying statement

The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed and approved 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 1,700 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. With a commitment to responsible exploration and cutting-edge technology such as the use of the proprietary Haystack TI technology, Stallion is positioned to play a key role in the future of clean energy.

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