- Stallion Uranium (TSXV:STUD) has outlined nine high-priority target areas discovered across its land package in the southwestern region of the Athabasca Basin
- The company uncovered more than 600 kilometres of prospective conductive corridors and outlined high-priority targets over 3,000 square kilometres of prospective land
- Stallion Uranium continues to undertake survey programs that will upgrade these target areas
- Shares of Stallion Uranium are unchanged at C$0.07
Stallion Uranium (TSXV:STUD) revealed it has outlined nine high-priority target areas discovered across its land package in the southwestern region of the Athabasca Basin.
The company stated in a news release that it uncovered more than 600 kilometres of prospective conductive corridors and outlined high-priority targets over 3,000 square kilometres of prospective land.
“Stallion’s vision to discover the next significant uranium deposit in the Athabasca Basin is well underway,” Stallion Uranium CEO Drew Zimmerman said in a statement. “With the utilization of the latest exploration technology, we have transformed our ground from an unknown expanse into a land package that hosts not one, two or three areas with the potential for a world class deposit.”
To identify the nine priority targets, the company began 2024 by going from early-stage exploration to the advanced stage with its maiden drill program.
Stallion was able to highlight the target areas through the interpretation of the electromagnetic survey data and historical exploration datasets. Each target area will also help the company guide future programs.
Stallion continues to upgrade and optimize the target areas to prepare each of them for drill testing.
“The targets have been developed from the integration of the results from our new geophysical surveys and drilling, along with historical data and interpretations. The target criteria included geophysical signatures, geological/structural setting, proximity to historical uranium occurrences,” Darren Slugoski, vice president of exploration at Stallion Uranium, added.
Stallion Uranium is focused on the exploration of more than 3,000 square kilometres in the Athabasca Basin. With its joint venture partner Atha Energy, the companies hold the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones.
Shares of Stallion Uranium (TSXV:STUD) are unchanged at C$0.07.
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