Stallion Uranium Makes Progress on Coyote Target Exploration
Stallion Uranium's Recent Exploration Updates
Vancouver, Canada - Stallion Uranium Corp. (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is taking significant strides in its exploration initiatives, particularly with the recent completion of a ground gravity survey at its Coyote Target. This location is within the highly regarded Southwestern Athabasca Basin Joint Venture Project, which Stallion is undertaking alongside its partner, Atha Energy Corp. (TSX-V: SASK). The completion of this survey represents a pivotal moment in advancing exploration within one of the world's most promising uranium districts.
Key Discoveries from the Ground Gravity Survey
The gravity survey has revealed a remarkable gravity low anomaly that is closely aligned with the geophysical characteristics of the well-known Arrow Deposit as well as other major finds in the Athabasca Basin. This finding is noteworthy as it signals the potential for high-grade uranium deposits. The identified anomaly is in a structurally complex area, marked by intersecting conductors—an ideal scenario for uranium mineralization.
Survey Highlights
Some of the standout features from this survey include:
- A substantial gravity low anomaly that mirrors the geophysical signature of the Arrow Deposit.
- Structural features that correspond with those observed at NexGen Energy’s Arrow Deposit, reinforcing the allure of this site.
- The anomaly’s presence in a corridor known for its geophysical complexities—key conditions for uranium deposition.
- Active 3D inversion processes are underway to clarify the depth and structure of the gravity anomaly.
Matthew Schwab, CEO of Stallion Uranium Corp., expressed enthusiasm regarding the survey findings, stating, "The results of our ground gravity survey at the Coyote Target mark a significant milestone in our exploration efforts within the Athabasca Basin. The identification of a substantial gravity low anomaly mirroring the characteristics of world-class uranium deposits reinforces our confidence in Coyote’s potential, and we are eager to take the next steps in unlocking the value of this target through focused drilling." This demonstrates Stallion's dedicated and scientifically driven approach in pursuing exploration.
Understanding the Coyote Target
The Coyote Target is strategically situated northeast of the Arrow Deposit, which is known for its impressive reserves of uranium. This proximity supports the correlation in geological features observed between the two locales. The gravity anomaly discovered at Coyote possesses qualities commonly associated with significant uranium deposits, and the findings opening the door to exciting future exploration activities.
Building on Exploration Success
Darren Slugoski, Vice President of Exploration, remarked on the compelling nature of the results, noting that the anomaly's characteristics closely resemble those of the Arrow Deposit. He stated, "The convergence of multiple overlapping anomalies solidifies Coyote as a Tier 1 exploration target, warranting further advancement through targeted drilling." This enthusiasm underscores the commitment of Stallion to emphasize the importance of their findings in future projects.
About the Survey Methodology
The gravity survey was conducted over a vast area of 2,623 hectares, with 2,738 gravity stations meticulously placed to explore subsurface density variations indicative of uranium mineralization. Utilizing cutting-edge technology from MWH Geo-Surveys, the process highlighted the effectiveness of rapid, precise measurements despite challenging weather conditions. The advanced gravity meters employed during the survey ensured reliable data collection, enhancing the overall quality of the findings.
About Stallion Uranium
Stallion Uranium Corp. is committed to capitalizing on the rich uranium resources within the Athabasca Basin, one of the largest high-grade uranium regions globally. The company's leadership draws on extensive experience from the fields of uranium and precious metals exploration, coupled with robust capital markets knowledge, ensuring a strategic approach to exploration of their vast landholdings, totaling approximately 2,700 sq/km. With the backing of Atha Energy Corp., Stallion holds a prominent position adjacent to various high-grade discovery zones, paving the way for significant exploration opportunities.
Contact Information
For further inquiries, Stallion Uranium can be contacted at:
Matthew Schwab
CEO and Director
700 - 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6
T: 604-551-2360
Email: info@stallionuranium.com
Frequently Asked Questions
What is the significance of the gravity survey results?
The gravity survey highlighted a significant anomaly resembling characteristics found in world-class uranium deposits, indicating potential for high-grade discoveries.
Where is the Coyote Target located?
Coyote Target is located within the Southwestern Athabasca Basin Joint Venture Project, northeast of NexGen Energy’s Arrow Deposit.
What geological features were identified in the survey?
The survey identified structural features consistent with those seen in the Arrow Deposit, indicating similar geological conditions favorable for uranium deposition.
How does Stallion Uranium plan to proceed with exploration?
Stallion intends to advance exploration through targeted drilling to further investigate the identified gravity low anomaly.
Who conducted the gravity survey for Stallion Uranium?
The gravity survey was carried out by MWH Geo-Surveys (Canada) Ltd., employing advanced measurement technology to ensure accuracy.
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