Mr. Matthew Schwab reports
STALLION URANIUM COMMENCES GROUND ELECTROMAGNETIC SURVEY ON HIGH PRIORITY DRILL TARGETS
Stallion Uranium Corp. has commenced a high-resolution, ground-based time-domain electromagnetic (TDEM) survey on its Western Athabasca basin JV Uranium, located in the world-renowned Athabasca basin, Saskatchewan, Canada.
Highlights:
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The survey is designed to refine priority exploration targets by pin-pointing the location and orientation of conductive structures associated with uranium mineralization.
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Survey will focus on the Coyote and Lynx targets, two top-tier prospects identified through the analysis of previous geophysical surveys.
- These targets were selected following a comprehensive technical review of both historical and recently acquired data, utilizing 12 fundamental criteria.
- The survey, conducted by Abitibi Geophysics, will employ a stepwise moving loop (SWML) TDEM survey, which is highly effective in detecting conductive zones within the regional basement rocks.
- The collected data will be integrated with existing geological and geochemical information to enhance drill targeting efforts.
Matthew Schwab, Stallion Uranium's chief executive officer, said: "The commencement of this ground EM survey marks an important step in advancing our exploration goals at the Coyote and Lynx targets. With the Athabasca basin hosting the highest-grade uranium deposits in the world, we are committed to utilizing advanced geophysical methods to refine our highest-priority targets and to generate derisked opportunities for discovery.
"As we push forward to our next exploration drilling campaign, our team also continues to build on the strong foothold we have already established through the acquisition of new claims in the SW Athabasca."
Additionally, the company is pleased to announce the expansion of its Stone Island project through a significant increase in its landholdings via strategic low-cost staking in the Athabasca basin, Saskatchewan. The newly acquired claims add 1,706.5 hectares to the company's existing project footprint located less than one kilometre from the edge of the Athabasca basin. strengthening its position in one of the most prolific uranium jurisdictions globally. The expansion aligns with the company's growth strategy and enhances its exploration potential in a region.
About the stepwise moving loop (SWML) TDEM survey
The SWML TDEM survey utilizes Abitibi's cutting-edge ARMIT-TDEM system, featuring a three-component, combined B-field and sensor developed by Dr. James Macnae of the Royal Melbourne Institute of Technology (RMIT). The ARMIT sensor delivers an exceptional signal-to-noise ratio, comparable with a SQUID sensor for B-field measurements and an induction coil for B/t detection. It is designed for robust performance across extreme temperatures (negative 40 degrees to positive 50 degrees) without the need for hazardous cryogenic liquids.
ARMIT is the only sensor capable of simultaneously measuring both B-field and B/t, ensuring a broad detection range for conductive structures. The system is paired with the state-of-the-art SMARTem24 receiver and powered by Abitibi's TerraScope 600-volt transmitter, delivering currents exceeding 25 A into the transmitter loop, maximizing the survey's depth penetration and resolution.
Qualifying statement
The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed by Darren Slugoski, PGeo, vice-president of 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 2,700 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.
The company's leadership and advisory teams comprise uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early stage properties.
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