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VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce the completion of an extension to its previous ground gravity survey along the Coyote Corridor, located within the Southwestern Athabasca Basin Joint Venture (“JV”) Project in partnership with Atha Energy Corp. (TSX-V: SASK). The recently completed program represents a direct extension of the Company’s original gravity grid and was d ...

District Metals Conference Summary Company Overview - **Company Name**: District Metals - **Stock Symbols**: OTCQX: DMXCF, TSXV: DMX - **Industry**: Mineral exploration and development, focusing on uranium and base metals in Sweden Key Points and Arguments Industry Context - The Swedish government lifted the uranium ban effective January 1, 2026, allowing exploration and mining to proceed [2][12] - A proposed inquiry into alum shale mining is seen as politically motivated due to the upcoming elections in Sweden [3][32] - The Geological Survey of Sweden is reviewing the Viken Deposit as a deposit of national interest, which could override municipal vetoes [4] Company Strategy and Projects - District Metals has five uranium projects and two base metal polymetallic projects in Sweden [4] - The flagship Viken Project is noted as the largest undeveloped uranium deposit globally, with significant resources of vanadium, potash, molybdenum, nickel, copper, and zinc [5][6] - The company is also exploring alum shale properties, aiming to discover additional deposits similar to Viken [6][19] Financial Position - The company has approximately CAD 8.5 million in treasury, fully funding its plans for the year [10][11] - The share structure includes significant institutional and high-net-worth investors, indicating strong support [10] Exploration and Development Plans - A preliminary economic assessment (PEA) for the Viken Deposit is expected in Q2 2026, followed by an Economic Impact Study in Q3 [27][28] - Drilling is anticipated to commence in Q2, with results expected in Q3 and Q4 [28] Market Position and Valuation - The current enterprise value per inferred resource is at $0.04, significantly lower than peers, indicating a potential investment opportunity [22] - The company emphasizes the value of its diverse resource base, including potash, which is critical for the EU's agricultural needs [33] Additional Important Information - The alum shale is not considered more environmentally risky than other mineral deposits, based on previous inquiries [31][34] - The company plans to assay for rare earth elements in future drilling, which could enhance the value of the Viken Deposit [35][36] - The permitting process in Sweden is described as straightforward, with strong governmental support for mining activities [11] Conclusion District Metals is positioned to capitalize on the lifting of the uranium ban in Sweden, with a strong portfolio of projects and a solid financial foundation. The political landscape and regulatory environment are favorable, although potential risks related to municipal vetoes and market fluctuations remain. The company's focus on diverse resources, including potash and rare earth elements, adds to its attractiveness as an investment opportunity.

Core Viewpoint - F3 Uranium Corp has initiated a winter drill program at its Broach Lake Property, focusing on the high-grade Tetra Zone, which is strategically located near significant uranium deposits in the Athabasca Basin [1][8]. Group 1: Drill Program Details - The winter drill program consists of 3,000 meters aimed at further exploring uranium mineralization at the Tetra Zone, with notable intercepts including 1.0 meter of 2.50% U₃O₈ within a broader 22.5-meter interval averaging 0.26% U₃O₈ [2]. - Previous drilling extended the interpreted mineralized plunge length from 60 meters to 135 meters, with the winter program set to test both down-dip and down-plunge extensions, as well as an up-plunge extension where approximately 300 meters of undrilled prospective shear zone remains [2][3]. Group 2: Geological Context and Mineralization - The Tetra Zone mineralization is characterized by significant radioactivity, with hole PLN25-219A reporting 2.30 meters exceeding 10,000 counts per second (cps) within 27.5 meters of continuous mineralization [3]. - The area around the Athabasca unconformity shows highly prospective geology and pathfinder element geochemistry, indicating strong potential for further discoveries [2]. Group 3: Company Overview - F3 Uranium Corp is focused on uranium exploration, particularly the high-grade JR Zone and the newly discovered Tetra Zone, both part of the Patterson Lake North Project in the Western Athabasca Basin [14]. - The Patterson Lake North Project encompasses 42,961 hectares and is strategically located near other significant uranium deposits, positioning it as a key area for future uranium operations in northern Saskatchewan [8].

Core Viewpoint - Energy Fuels' stock surged 14% following the Department of Energy's initiative to rebuild the U.S. nuclear fuel supply chain, reaching levels not seen since 2010 [1] Group 1: Company Performance - Energy Fuels leads the U.S. in uranium production and is developing a significant rare earth operation outside China [2] - Despite some gains being given up, Energy Fuels' stock is still up approximately 335% over the last 12 months [3] Group 2: Government Initiative - The Department of Energy aims to establish "Nuclear Lifecycle Innovation Campuses" to manage uranium enrichment, nuclear waste storage, and reprocessing [4] - This initiative represents a shift in Washington's approach to nuclear energy, focusing on reprocessing spent fuel and creating regional hubs for the nuclear lifecycle [6] Group 3: Economic Impact - Energy Secretary Chris Wright emphasized that the new program could drive innovation, economic growth, and create well-paying jobs in the U.S. [5] Group 4: Rare Earth Operations - Energy Fuels announced two significant feasibility studies that could transform its business model, with a Phase 2 rare-earth expansion project at its White Mesa Mill in Utah showing strong economics [7] - The project has a capital cost of $410 million, an estimated net present value of $1.9 billion, and a 33% internal rate of return [7]

Group 1 - The core viewpoint of the article highlights a positive movement in the U.S. nuclear power stocks, with several companies experiencing significant gains [1] Group 2 - Oklo and UUUU both saw increases of over 6% [1] - NuScale Power and NexGen Energy experienced gains of over 3% [1] - Cameco's stock rose nearly 3% [1]

Core Viewpoint - F3 Uranium Corp has filed an independent technical report supporting the initial indicated mineral resource estimate for its JR Zone Uranium Deposit located in Northern Saskatchewan, which is part of the company's 100% owned PLN Property [1][2]. Group 1: Technical Report Details - The technical report, dated January 20, 2025, and effective as of October 15, 2025, was prepared by SLR International Corporation and complies with Canadian National Instrument 43-101 [3]. - The report incorporates drilling results from the project conducted between 2022 and 2025, with no material differences from previously disclosed results [2][3]. Group 2: Project Location and Properties - The JR Zone Uranium deposit is situated approximately 25 km northwest of Paladin's Triple R Deposit and NexGen's Arrow Deposit in the southwest Athabasca Basin, accessible via Provincial Highway 955 [2][4]. - The PLN Project encompasses 44,613 hectares, including the JR Zone deposit, the Minto Property, and the Broach Property, which hosts the Tetra Zone discovery [4]. Group 3: Company Overview - F3 Uranium Corp is focused on uranium exploration, particularly on the high-grade JR Zone deposit and the new Tetra Zone discovery within the Patterson Lake North Project in the Western Athabasca Basin [8]. - The Athabasca Basin is known for hosting some of the world's largest high-grade uranium deposits, including those of Paladin and NexGen [8].

Core Viewpoint - District Metals Corp. has appointed Jeremy Veszi as the new Vice President of Project Development and has engaged Lifa Communications for strategic public relations support as it advances its uranium exploration and development activities in Sweden [1][5][6]. Group 1: Appointment of Jeremy Veszi - Jeremy Veszi brings 20 years of experience in managing complex mining and uranium projects, with a strong background in project governance and stakeholder engagement [2][3]. - He has previously held senior roles in significant uranium projects in Canada, including NexGen Energy and Cameco Corporation, where he managed large-scale projects in regulated environments [3][4]. Group 2: Role of Lifa Communications - Lifa Communications has been retained to enhance District's corporate profile and stakeholder engagement as the company progresses its uranium properties in Sweden [5][6]. - The partnership aims to build a positive social license around the mineral licenses being actively worked on, aligning communication strategies with the company's objectives [6][7]. Group 3: Company Overview and Strategic Goals - District Metals Corp. focuses on exploring and developing uranium and polymetallic properties, with its flagship Viken Property containing the largest undeveloped uranium resource globally [10]. - The company aims to create shareholder value through a disciplined, science-based approach and has been recognized as a top-performing issuer on the TSX Venture Exchange [9].

Group 1: Company Performance - Uranium Energy Corp. (NYSEAmerican: UEC) experienced a share price increase of 10.55% on Wednesday, closing at $17.19, approaching its 52-week high due to strong demand outlook for uranium [1][3] - The nuclear power sector's share is projected to rise to 19% this year, before slightly declining to 18% in 2027, compared to 18% last year, which is expected to positively impact uranium companies like UEC [3] Group 2: Industry Outlook - The Energy Information Administration (EIA) forecasts power demand to rise to 4,256 billion kilowatt-hours (kWh) in 2026 and 4,364 billion kWh in 2027, up from 4,198 billion kWh last year, driven by increased power consumption from AI and cryptocurrency data centers [2] - The global Small Modular Reactor (SMR) sector is projected to reach $10.3 billion by 2032, with the Department of Energy awarding $800 million to support US reactor deployment, indicating a strong governmental push towards nuclear energy [5]

Core Insights - Skyharbour Resources Ltd. has acquired forty new uranium exploration claims in Northern Saskatchewan, increasing its total land package to 662,887 hectares across 43 projects, with a focus on the Athabasca Basin, known for high-grade uranium deposits [1][37] - The newly staked claims will be part of the Company's prospect generator business, aimed at attracting strategic partners to advance these assets [1] Summary of New Claims - The Carter North Project consists of ten mineral claims totaling 36,393 hectares, located adjacent to Cameco's North Williams Project and covering extensions of significant conductive corridors [3][6] - The Rover Project includes a single claim of approximately 793 hectares, situated near Cameco's McArthur River and Cigar Lake Mines, with historical exploration dating back to the late 1960s [9][11] - The East Dufferin Project comprises a single claim of 1,451 hectares, located south of the Athabasca Basin, with historical exploration identifying increased conductivity and magnetic activity [12][14] - The Brustad Project consists of one claim totaling 791 hectares, located near the southern margin of the Athabasca Basin, with historical exploration including various geophysical surveys [15][17] - The 914 and Elevator Projects now cover a total of 13,785 hectares, with extensive historical exploration indicating potential for uranium mineralization [18][20] - The Pendleton Project includes four claims totaling 5,338 hectares, located along the Needle Falls Shear Zone, with historical exploration suggesting potential for uranium deposits [21][22] - The Yurchison Project has been expanded to 35,029 hectares, consolidating previous properties and showing potential for uranium and other mineralization [24][27] - The Tarku Project consists of three claims totaling 8,262 hectares, adjacent to the South Dufferin Project, with historical exploration indicating strong potential for uranium mineralization [28][30] - The South Dufferin Project has been expanded to 39,398 hectares, with ongoing exploration efforts indicating readiness for further drilling [31][34]