Northwire Canada EditionFriday, July 31, 2026
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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 begins winter 2026 drilling at Moonlite

Pedigree exploration team launches high-stakes winter drill program at maiden Coyote target.

By The Northwire Desk — AI Analysis Feb 12, 2026 · 20:39 STUD · 0.355 Stallion Uranium Corp.
Executive Summary

The most recent news release (February 12, 2026) announces the commencement of a Phase 1 diamond drilling program at the Moonlite Project in the Athabasca Basin, Saskatchewan. Key details include: - A 4,000-metre program using two drill rigs. - The primary focus is the Coyote Corridor, specifically targeting gravity low anomalies and conductive corridors. - This is the first time the Coyote target has ever been drill-tested. - Management claims the target displays geological signatures similar to major Athabasca uranium discoveries (e.g., NexGen’s Arrow or Fission’s Triple R).

Material Impact

The impact is categorized as Routine - Positive because it represents the execution of a previously announced strategy (Jan 5, 2026 mobilization) rather than a fundamental shift in company value or a discovery. - Technical De-risking: The transition from geophysical modeling to physical drilling is the most critical step for a junior explorer. However, "discovery potential" is currently speculative. - Capital Allocation: The company is deploying the flow-through capital raised in late 2025 ($7.72M) specifically for this program. Successful execution without technical delays is positive. - Management Credibility: CEO Matthew Schwab’s background (NexGen Energy, Arrow discovery) adds weight to the claim that these targets are "compelling," but the market rarely prices in "potential" until assays return. - Impact on Stock: Historically, "drilling has commenced" news provides minor support but often leads to a "wait-and-see" period for the stock price until results are published.

STUD · Price
Company Overview

Stallion Uranium is focused on the Western Athabasca Basin, holding a massive land package (over 3,000 sq km) near industry giants like NexGen and Cameco. - Flagship Project: Moonlite Project (hosting the Coyote target). - Strategy: The company has spent the last 18 months using advanced AI (Matchstick TI) and 3D gravity inversion to narrow down "blind" targets under sandstone cover. - Pivot: In 2024-2025, the company divested its Idaho gold/antimony assets (Horse Heaven) and its eastern basin claims to focus exclusively on the high-grade potential of the western Athabasca.

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