Stallion Uranium Announces Completion of Airborne VTEM Survey Over Stone Island, Provides Coyote Drilling Update

Core Viewpoint - Stallion Uranium Corp. has completed a helicopter-borne VTEM Plus airborne electromagnetic survey over the Stone Island target area within its Moonlite Project, which is expected to enhance exploration efforts and identify new drill targets in the Athabasca Basin [1][4]. Survey Details - The VTEM survey, conducted by Geotech Ltd., covered two grids totaling 676 line-kilometers, with 578 km on the northern grid and 98 km on the southern grid, designed to refine conductive structural corridors and identify alteration anomalies [2][7]. - The survey was flown at 200-meter line spacing, providing high-resolution coverage to map conductive graphitic basement structures associated with uranium deposits [7][9]. Exploration Strategy - The survey adds a foundational geophysical dataset for the largely underexplored Stone Island area, advancing the systematic exploration strategy in the region [3]. - The integration of new airborne EM results with gravity data and ongoing drilling at the Coyote Target will refine the understanding of the mineralized corridor and support the development of additional high-priority drill targets [6][17]. Drilling Update - The maiden drill program at the Coyote Target is actively progressing with two diamond drill rigs currently operating, systematically testing high-priority basement-hosted targets identified through extensive geophysical surveying [14][17]. - Drilling has faced challenges due to unseasonably warm winter conditions affecting ground stability and access, but the drilling contractor has adapted effectively to continue advancing the program [15][17]. Future Plans - Drilling is expected to continue through 2026, with a brief operational pause anticipated during the spring breakup period for site repositioning and logistical planning [18]. - The company remains committed to a multi-season drill program designed to evaluate the scale and potential of the Coyote Target, with management confident in its potential supported by recent geophysical surveys [19]. Company Overview - Stallion Uranium is focused on exploring approximately 1,700 square kilometers in the Athabasca Basin, which contains the largest high-grade uranium deposits globally, and is positioned to play a key role in the future of clean energy [21].