Stallion Uranium Corp. announced the preliminary results from the completion of the MobileMTTM airborne geophysical survey. The Survey covered the entire 2,200 sq/km of the Atha Energy JV Uranium Project, a new frontier of exploration in the prolific southwestern Athabasca Basin and part of the exploration land package held by Stallion.

The preliminary interpretation of the survey data has changed the landscape in a meaningful way, successfully identifying over 560 km of new conductive trends across the Atha Energy JV Project. This opens a new frontier of exploration in the southwestern Athabasca Basin, as the project area has never had effective exploration. With the completion of the survey, the company has been able to identify and extend new conductive corridors that were previously unknown.

These new conductive corridors will be the cornerstone that the next phase of exploration is built on. The survey was able to identify structural complexities, including bends and splays, in the basement geology which suggest favorable conditions for uranium mineralization. These results, along with the advanced 2-D and 3-D inversion modeling, will be used to prioritize the newly identified conductor corridors for the next stages of exploration.

Expert Geophysics Ltd. completed 11,875 line-kilometres of MobileMTtm covering the entirety of Stallion?s Atha Energy JV Project in the Southwestern Athabasca. The objective of the survey was to identify new conductive trends over claims which have not been effectively or thoroughly surveyed for uranium. Stallion?s goal was to identify and open new highly prospective areas for uranium exploration.

Basement and unconformity-related uranium deposits in the Athabasca Basin are usually associated with conductive graphitic rocks in the basement which are detectable with the helicopter-borne MobileMT? system. MobileMT is the latest innovation in airborne electromagnetic technology and the most advanced generation of airborne AFMAG technologies utilizing naturally occurring electromagnetic fields which are capable of detecting the conductivity of basement rocks to a depth of over 1,000 meters.

Stallion will now be putting the AFMAG data through advanced digital processing, including 2D and 3D inversions. This advanced modeling of the data will allow for a better analysis and prioritization of the numerous conductive trends uncovered across the project. The top tier areas will be prioritized for further exploration as the company looks to advance tier one targets toward readiness for drilling testing in its efforts to find the next significant uranium deposit in the Athabasca Basin.