Northwire Canada EditionSunday, August 2, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Stallion Uranium starts survey at Coyote target

STUD · Price

Executive Summary

  • Stallion Uranium Corp. has commenced an expanded high-resolution ground gravity survey on its Coyote target corridor in the Athabasca basin, Northern Saskatchewan.
  • The survey aims to extend previous coverage westward to identify additional gravity lows associated with hydrothermal alteration systems and refine the geometry of anomalies at the margins of the earlier survey.
  • The company also announced the granting of 625,000 stock options to directors, officers, and consultants, and confirmed attendance at the Vancouver Resource Investment Conference in January 2026.

Key Details

  • Survey Objective: Expand coverage west of the original survey area to identify additional gravity lows linked to density destruction in basement rocks, which may reflect uranium mineralization.
  • Technical Focus: Refine the geometry and continuity of anomalies identified at the margins of the previous survey, particularly those that remain open and poorly constrained.
  • Methodology: Conducted by MWH Geo-Surveys Ltd. using high-resolution ground gravity methods effective for mapping basement-hosted alteration systems.
  • Strategic Context: The Coyote target exhibits characteristics consistent with basement-hosted uranium systems in the Athabasca basin. The approach mirrors successful discoveries such as NexGen Energy's PCE deposit.
  • Management Commentary: VP of Exploration Darren Slugoski noted the importance of defining the continuity of alteration-related gravity lows along the broader Coyote conductive trend, similar to the Patterson Lake corridor.
  • Technical Validation: Kyle Patterson, PGeo, of Convolutions Geoscience Corp., stated that extending the program is a logical next step to better define key density lows not fully constrained at the western edge.
  • Stock Option Grant:
    • Quantity: 625,000 stock options.
    • Recipients: Certain directors, officers, and consultants.
    • Exercise Price: 35 cents per share.
    • Vesting Schedule: 50% vests immediately; 50% vests in six months.
    • Term: Five years from the date of grant.
  • Upcoming Events: Attendance at the Vancouver Resource Investment Conference (VRIC), Jan. 25–26, 2026, at the Vancouver Convention Centre (Booth No. 1009).

Notable Quotes

  • "Extending the ground gravity survey is important not only for refining existing anomalies, but also for identifying additional target areas along the broader Coyote conductive trend... Expanding coverage beyond the original survey boundaries will help us better define the continuity of alteration-related gravity lows and evaluate the potential for multiple uranium systems along the Coyote trend." — Darren Slugoski, Vice-President of Exploration
  • "Review of the existing gravity inversion suggests that key density lows at Coyote are not fully constrained at the western edge of the current survey coverage. Extending the ground gravity program is a logical next step to better define the geometry and continuity of these features, which may be associated with basement-hosted alteration systems." — Kyle Patterson, PGeo, President of Convolutions Geoscience Corp.
Read the original news release →

More from Stallion Uranium Corp.