Northwire Canada EditionThursday, September 3, 2026
Northwire
GOLD 4484.90 +1.6% SILVER 66.36 +1.4% COPPER 6.63 +0.6% OIL 93.02 +2.2% PALLADIUM 1377.75 +1.3% MEK 0.050 +11.1% BEX 0.100 +11.1% B 0.800 +12.7% KLD 2.40 +0.0% VGD 0.170 +0.0% LIB 0.790 +1.3% KRI 0.220 +4.8% ELBM 0.790 −2.5% MCC 0.185 +5.7% NRM 0.070 +0.0% SAG 1.34 +8.9% TNR 0.280 −3.5% MKA 0.660 −4.3% FDY 5.24 +0.4% EDDY 0.075 −6.2% WAM 0.710 +1.4% GOLD 4484.90 +1.6% SILVER 66.36 +1.4% COPPER 6.63 +0.6% OIL 93.02 +2.2% PALLADIUM 1377.75 +1.3% MEK 0.050 +11.1% BEX 0.100 +11.1% B 0.800 +12.7% KLD 2.40 +0.0% VGD 0.170 +0.0% LIB 0.790 +1.3% KRI 0.220 +4.8% ELBM 0.790 −2.5% MCC 0.185 +5.7% NRM 0.070 +0.0% SAG 1.34 +8.9% TNR 0.280 −3.5% MKA 0.660 −4.3% FDY 5.24 +0.4% EDDY 0.075 −6.2% WAM 0.710 +1.4%
Drill Results Routine +

Stallion Completes Ground Gravity, Identifies Three New Priority Target Areas At Stone Island

Stallion identifies new targets at Stone Island via gravity survey, with drill results serving as the critical catalyst for the project.

Executive Summary

Stallion Uranium Corp. has completed a 2026 ground gravity survey at the Stone Island target within its Moonlite Project. By integrating the gravity data with approximately 690 line-kilometres of VTEM Plus geophysical data, the company identified three new priority target areas designated as A, B, and C.

Target Area A is considered the primary priority, characterized by multiple VTEM conductor picks that overlap with the strongest residual gravity low. Targets B and C provide additional follow-up opportunities based on distinct gravity gradients and conductive trends. Convolutions Geoscience Corporation completed a physical-property-constrained 3D inversion of the gravity data to model subsurface density distribution.

Next steps for the project include detailed conductor modelling, resistivity-depth interpretation, and ranking targets for potential ground geophysics and future drill testing. In an administrative update, the company terminated its investor engagement services agreement with Straight Edge Marketing Inc. (d/b/a InvestorHyve).

Material Impact

Stallion Uranium Corp. (STUD) released an expected incremental exploration update following its systematic geophysical campaign initiated in early 2026. The company identified new targets, which adds to the exploration pipeline but does not constitute a discovery or financial event. No drill results, assay data, or resource estimates were provided. Gamma readings and geophysical anomalies serve as preliminary indicators that require diamond drilling to validate.

The release does not alter the company's capital position, cash burn rate, or near-term operational outlook. Additionally, the termination of the investor relations contract is a minor administrative change with no material financial impact. The news aligns with previous expectations of advancing the Stone Island and Coyote targets through geophysical refinement.

STUD · Price
Company Overview

Stallion Uranium Corp. is an exploration-stage company focused on uranium in the Southwestern Athabasca Basin, Saskatchewan, Canada. Its flagship Moonlite Project comprises multiple corridors, including Coyote, Stone Island, Lynx, and Fishhook. The company holds a land position of approximately 1,700 square kilometers (430,764 acres), described as one of the largest and most under-explored packages in the basin. Currently in the grassroots exploration stage, no mineral resources or reserves are defined. Management includes CEO and Director Matthew Schwab, VP Exploration Darren Slugoski, and CFO Paulo Santos. The company is leveraging advanced geophysical methods, including VTEM Plus, ground gravity, and SWML-TDEM, to identify basement-hosted uranium systems analogous to major Athabasca discoveries.

Read the original news release →

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