Mr. Darren Slugoski reports
STALLION URANIUM STRATEGICALLY EXPANDS LARGEST LAND PACKAGE IN THE PROLIFIC SOUTHWESTERN ATHABASCA BASIN
Stallion Uranium Corp. has acquired, by low-cost staking, 10 new prospective uranium exploration dispositions. The new claims will make up the company's Stone Island project, covering 9,993 hectares (ha) and further bolstering Stallion's land package in the prolific southwestern Athabasca basin. The new dispositions are contiguous to the western Athabasca basin JV project (Stallion and Atha Energy) and are 100 per cent owned by Stallion Uranium.
Key exploration highlights
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Staked 9,993 ha of contiguous claims;
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New dispositions host the extension of Stallion's Coyote corridor;
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Shallow depth to unconformity of 100 to 400 metres (m);
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Hosts the extensions of known additional conductive trends.
"Highly prospective land in the Athabasca basin very rarely becomes available," said chief executive officer Drew Zimmerman "We are fortunate to have been able to stake such a large land package in a very competitive area. These newly acquired claims are geologically prospective and strategically located along our existing land package allowing Stallion to more easily integrate the project into our proven exploration funnel."
New mineral dispositions -- the Stone Island project
The new project is located on the southern edge of Stallion's western Athabasca basin JV project. In a very competitive and prospective area, Stallion was able to stake 9,993 ha of land hosted across 10 mineral claims. The project hosts the extension of Stallion's previously identified and highly prospective Coyote corridor, as well as other historically identified conductors. The project is located the Taltson geological domain which hosts the NexGen's Arrow deposit.
Stallion will begin the process of having this additional project go through the company's exploration funnel. A technologically advanced exploration process that efficiently and effectively uncovers the highest priority target areas on the project for further advancement. With proprietary data available from work the company has already completed on adjoining projects, the company sees incredible potential in the Stone Island project.
Darren Slugoski, vice-president, exploration, stated: "We are extremely happy to be able to secure the land acquisition covering such a highly prospective area in the southwest Athabasca basin. Our technical team is focused entirely on the underexplored southwestern Athabasca basin and our knowledge of the area allowed us to identify and acquire the highly prospective ground containing both recently discovered and historical conductive corridors. Given the prospective data from our contiguous land package, we look forward to incorporating the stone island project into our exploration programs."
Qualifying statement
The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed by Mr. Slugoski, PGeo, VP 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 over 3,000 square kilometres in the Athabasca basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy, holds the largest contiguous project in the western Athabasca basin adjacent to multiple high-grade discovery zones.
We seek Safe Harbor.
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