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NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0% NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0%
Drill Results Routine +

Stallion Uranium Commences Phase 1 Drilling Program on Moonlite Project in Athabasca Basin

By The Northwire Desk — AI Analysis Feb 12, 2026 · 10:18 STUD · 0.355 Stallion Uranium Corp.
STUD · Price

Executive Summary

  • Stallion Uranium Corp. has commenced a 4,000‑metre winter diamond drilling program at the Moonlite Project targeting the newly defined Coyote Corridor structural zone.
  • The program will drill an estimated six to eight holes using two rigs, focusing on gravity low anomalies coincident with conductive corridors that are analogous to known high‑grade Athabasca uranium deposits.
  • Drilling is being performed by Base Drilling; results will be released as they become available, providing real‑time refinement of target selection.

Key Details

  • Program Scope: 4,000 m total depth, six to eight drill holes planned for the 2026 winter season.
  • Target Area: Coyote Corridor – a large, well‑defined basement‑hosted structural zone identified through >1 year of integrated geophysical surveys and geological modeling in partnership with Atha Energy Corp.
  • Geophysical Rationale: Targets selected on coincident conductors, gravity lows, and structural complexity (bends, offsets, breaks) that historically host high‑grade uranium mineralization in the Athabasca Basin.
  • Drilling Contractor: Base Drilling, experienced in northern Saskatchewan and Athabasca Basin operations.
  • Operational Update: Initial start delayed by warm January weather affecting road construction; site conditions have improved and drilling is now proceeding safely.
  • Exploration Objective: Test the most prospective portions of the Coyote structural corridor for uranium alteration signatures; anticipate discovery potential comparable to nearby world‑class deposits.
  • Future Communications: Stallion will provide additional updates as drilling progresses and assay results become available.

Notable Quotes

  • “This is the first time Coyote has ever been drilled, and it represents one of the most technically compelling uranium targets I have ever seen.” – Matthew Schwab, CEO
  • “Coyote checks the boxes we look for in Athabasca uranium exploration… these are the types of features that host uranium deposits elsewhere in the Basin.” – Darren Slugoski, VP Exploration

All forward‑looking statements are subject to risks and uncertainties; actual results may differ materially.

Read the original news release →

More from Stallion Uranium Corp.

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 Apr 28, 2026 · 07:00

Stallion Uranium Resumes Drilling After Safety Incident, Validates Target Model with Alteration Intersections

Drill Results Apr 02, 2026 · 19:09

Stallion Uranium Reports Serious Injury Incident Involving Two Contractors at Moonlite Project

Production / Operations