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Stallion Uranium Announces Completion of Ground Gravity Survey over Coyote Target
Globenewswire·2025-04-30 11:30

Core Viewpoint - Stallion Uranium Corp. has successfully completed a ground gravity survey at the Coyote Target, indicating significant potential for uranium exploration in the Athabasca Basin [1][3]. Survey Results - The gravity survey covered an area of 2,623 hectares with 2,738 gravity stations, revealing a substantial gravity low anomaly associated with large-scale uranium deposits [3][5]. - The identified anomaly shares geological and geophysical similarities with NexGen Energy's Arrow Deposit, which contains an estimated 256.7 million pounds of U₃O₈ at an average grade of 3.1% [5][6]. Exploration Potential - The Coyote Target is positioned 58 kilometers northeast of the Arrow Deposit, and the gravity anomaly aligns with key geological features indicative of high-grade uranium deposits [5][6]. - The convergence of multiple anomalies at Coyote solidifies its status as a Tier 1 exploration target, warranting further drilling efforts [4][6]. Survey Methodology - The gravity survey was conducted by MWH Geo-Surveys using advanced gravity meters, ensuring high accuracy and reliability of the data collected [8][10]. - The survey utilized GControl software to record gravity samples at 1-second intervals, significantly reducing noise and enhancing measurement accuracy [9][10]. Company Overview - Stallion Uranium is focused on uranium exploration in the Athabasca Basin, holding a significant project area of approximately 2,700 square kilometers [13].