Northwire Canada EditionTuesday, September 29, 2026
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GOLD 4189.80 +0.5% SILVER 61.39 −0.5% COPPER 6.62 −0.1% OIL 91.07 −1.6% PALLADIUM 1237.75 +1.2% SALT 1.50 +2.0% NAU 1.10 −0.9% NTH 0.170 +3.0% KLD 2.15 −1.8% BBB 0.610 +5.2% MD 0.395 +1.3% KRI 0.200 −9.1% ZLTO 0.055 +0.0% LOT 0.030 +0.0% SOI 0.200 −13.0% GIG 0.500 +0.0% BPAG 0.940 +4.4% SCMI 1.36 −3.5% IDEX 0.540 −5.3% SASK 1.06 −0.9% STUD 0.215 +0.0% GOLD 4189.80 +0.5% SILVER 61.39 −0.5% COPPER 6.62 −0.1% OIL 91.07 −1.6% PALLADIUM 1237.75 +1.2% SALT 1.50 +2.0% NAU 1.10 −0.9% NTH 0.170 +3.0% KLD 2.15 −1.8% BBB 0.610 +5.2% MD 0.395 +1.3% KRI 0.200 −9.1% ZLTO 0.055 +0.0% LOT 0.030 +0.0% SOI 0.200 −13.0% GIG 0.500 +0.0% BPAG 0.940 +4.4% SCMI 1.36 −3.5% IDEX 0.540 −5.3% SASK 1.06 −0.9% STUD 0.215 +0.0%
Drill Results Routine +

Stallion Uranium Recommences Phase II Drilling at Moonlite Project

Stallion resumes Coyote drilling with 2,165m of Phase II remaining as targeting refines.

By The Northwire Desk — AI Analysis Sep 29, 2026 · 07:00 STUD · 0.215 Stallion Uranium Corp.
Executive Summary

Stallion Uranium Corp. has announced the recommencement of Phase II diamond drilling at the Coyote target on its Moonlite Project in the Athabasca Basin, Saskatchewan. Approximately 4,585 metres of the expanded 2026 program, which totals 6,750 metres, have been completed, leaving approximately 2,165 metres remaining for Phase II.

The company plans to deploy the remaining metres into highest-priority areas along the Coyote corridor. This phase of targeting is guided by a refined geological, structural, and radiometric interpretation, incorporating a regional-scale assessment by SRK Consulting to identify primary and secondary structural controls for uranium mineralization. CEO Matthew Schwab stated that the resumption of drilling allows the company to build on Phase I learnings, with a stronger understanding of the geology and structure directly influencing Phase II targeting.

Material Impact

Stallion Uranium Corp. (STUD) released a routine operational update confirming that its Phase II drilling program is proceeding as planned following the completion of Phase I. The company announced no new discoveries, financing, or material changes to the project's economics or timeline. The update serves as an incremental progress report rather than a market-moving catalyst.

STUD · Price
Company Overview

Stallion Uranium Corp. (STUD) is an early-stage uranium exploration company focused on the Athabasca Basin in Saskatchewan, Canada. Its flagship Moonlite Project comprises the Coyote Corridor and Stone Island targets. The Coyote Corridor is a basement-hosted structural zone identified through integrated geophysical surveys, including gravity, VTEM, and TDEM. It exhibits structural complexity, conductive corridors, and gravity lows analogous to major Athabasca discoveries like NexGen's Arrow deposit.

The company holds one of the largest land packages in the southwestern Athabasca Basin, covering approximately 1,700 square kilometers, with multiple untested targets including the Lynx and Fishhook corridors. The project is in the exploration stage with no defined resources or reserves.

Read the original news release →

More from Stallion Uranium Corp.

Sep 03, 2026 · 07:00

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

Drill Results Aug 13, 2026 · 07:00

Stallion reports Coyote’s highest radioactivity remains gamma counts rather than uranium grade.

Drill Results Jul 23, 2026 · 07:00

Stallion expands Coyote corridor targets with gravity and em surveys ahead of drilling.

Drill Results Jul 07, 2026 · 07:00

Stallion’s VTEM survey identified four new targets south of Coyote, advancing exploration at the project.

Drill Results Jun 30, 2026 · 07:00

Early Coyote drill holes show classic uranium signatures, but lab assays and full program remain the real test; board resignation a minor distraction.

Drill Results May 27, 2026 · 09:00

Stallion extends Coyote drill campaign on early alteration signs, but assays still on the distant horizon.

Drill Results