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Production / Operations

Stallion Uranium moves drill equipment to Moonlite

By The Northwire Desk — AI Analysis Jan 05, 2026 · 16:24 STUD · 0.35 Stallion Uranium Corp.
STUD · Price

Executive Summary

  • Stallion Uranium Corp. has mobilized personnel and equipment for a winter diamond drilling program at its Moonlite property in the Athabasca basin, specifically targeting the high-priority Coyote uranium target.
  • The company has appointed Paulo Santos as its new Chief Financial Officer, effective immediately, succeeding interim arrangements and former CFO Dong Shim.
  • The company announced upcoming investor relations activities, including a presentation at the Emerging Growth Conference on January 21, 2026, and attendance at the Vancouver Resource Investment Conference (VRIC) on January 25-26, 2026.

Key Details

  • Drilling Program:
    • Location: Moonlite property, Athabasca basin, Northern Saskatchewan.
    • Target: Coyote target, defined by integrated geological interpretation and geophysical data sets.
    • Objective: Test favorable structural complexity and geophysical characteristics consistent with basement-hosted uranium mineralization; evaluate potential for high-grade uranium mineralization.
    • Contractor: Base Drilling Ltd., selected for basin-specific expertise and experience in Athabasca basin winter drilling.
    • Status: Mobilization underway (trail construction, equipment staging, camp preparations); drilling expected to commence shortly.
  • Management Changes:
    • New CFO: Paulo Santos appointed as Chief Financial Officer.
    • Santos' Background: Member of Chartered Professional Accountants of British Columbia; former CFO of Elevation Gold Mining Corp., interim CFO/VP Finance of Calibre Mining Corp., CFO of Northern Empire Resources Corp., and Treasurer/Corporate Secretary of Newmarket Gold Inc.; currently CFO of Strikepoint Gold Inc.
    • Responsibilities: Oversee all financial reporting, treasury management, and regulatory compliance functions.
    • Outgoing: Dong Shim thanked for his contributions since 2020 in supporting corporate development, financial reporting, and operational growth.
  • Upcoming Events:
    • Emerging Growth Conference: Matthew Schwab (CEO) to present a market update on January 21, 2026, at 4:10 p.m. Eastern Time (virtual).
    • Vancouver Resource Investment Conference (VRIC): Company attendance scheduled for January 25-26, 2026, at the Vancouver Convention Centre, Vancouver, B.C.

Notable Quotes

  • "We are thrilled to announce that Base Drilling is now fully mobilized, with drilling preparations actively under way at our Moonlite project... This drilling program represents a pivotal milestone, propelling us closer to unlocking a significant uranium discovery and delivering substantial value for our shareholders." — Matthew Schwab, CEO
  • "We are very pleased to welcome Paulo to the Stallion team... Paulo's experience and financial leadership will be instrumental in strengthening our operations and supporting our growth strategy." — Matthew Schwab, CEO
Read the original news release →

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