Highlights
- Over 560 km of new basement conductive trends have been outlined.
- Successfully identified and extended the Patterson Lake Corridor, Carter Corridor, Derkson Corridor, R7 Corridor,
Virgin River Conductive Trend and the Coyote Corridor across the project. - Large multi-kilometer conductive trends coincide with basement structures interpreted to be present in multiple locations across the project.
- The latest in 2D and 3D inversion processing will be utilized to further identify sandstone and basement alteration zones associated with uranium mineralization in the basin.
“Stallion’s strategy to build out the largest exploration land package, taking on a new frontier of exploration in the southwestern
Preliminary Results
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
Figure 1 – Stallion / Atha’s
Survey Objectives
Basement and unconformity-related uranium deposits in the
Next Steps
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
Qualifying Statement
The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed by
About Stallion Uranium
Stallion Uranium is working to Fuel the Future with Uranium through the exploration of over 3,000 sq/km in the
Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties.
Stallion offers optionality with two gold projects in
For more information visit stallionuranium.com or contact:
Chief Executive Officer
778-686-0973
info@stallionuranium.com
Neither the
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, “forward-looking statements”) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.
Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/02a6f96d-e7fe-4151-a90a-0d17f6d4a6f6
Figure 1 –
Stallion / Atha’s Western Athabasca Project – AFMAG Survey Results
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