Stallion Uranium Commences Phase 1 Drilling Program on Moonlite Project in Athabasca Basin

Core Viewpoint - Stallion Uranium Corp. has initiated its 2026 winter diamond drilling program at the Moonlite Project, targeting the Coyote Corridor, which has been identified as a significant structural zone for uranium exploration [1][4]. Drilling Program Details - The drilling program will utilize two diamond drill rigs to complete approximately 4,000 meters, focusing on six to eight drill holes [6][10]. - Drilling is conducted by Base Drilling, a contractor experienced in the Athabasca Basin [3][13]. - The program aims to test high-priority targets characterized by geophysical signatures associated with uranium deposits, including conductive graphitic structures and gravity anomalies [5][11]. Target Characteristics - The Coyote Target is a newly defined structural corridor that has never been drilled before, representing a compelling opportunity for high-grade uranium mineralization [6][10]. - The target area displays geological features similar to those found in other major uranium discoveries in the Athabasca Basin, indicating strong potential for discovery [4][5]. Exploration Rationale - The exploration strategy is based on over a year of integrated geophysical surveys and geological modeling, leading to the identification of a well-defined target for uranium mineralization [6][11]. - The program is designed to refine targeting in real-time as drilling progresses, allowing for adjustments based on immediate results [6][10]. Location and Context - The Moonlite Project is situated in a highly prospective area of the western Athabasca Basin, near several world-class uranium deposits [6][15]. - The project covers 1,700 square kilometers, making it one of the largest contiguous uranium exploration projects in the region [15].