Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Stallion Uranium Announces Completion of Airborne VTEM Survey Over Stone Island, Provides Coyote Drilling Update

Stallion Uranium advances Moonlite exploration with VTEM targeting and multi-rig drilling progression, but funding, regulatory, and execution risks remain as headwinds

By The Northwire Desk — AI Analysis Mar 10, 2026 · 07:00 STUD · 0.36 Stallion Uranium Corp.
Executive Summary
  • The most recent release (2026-03-10) reports completion of a helicopter-borne VTEM Plus airborne electromagnetic survey over the Stone Island target area within the Moonlite Project, with two diamond drilling rigs actively testing Coyote targets on the Moonlite property. Data processing and interpretation are underway to refine conductive corridors, alteration anomalies, and high-priority drill targets.
  • The March 10 update confirms ongoing multi-season exploration on the Moonlite Project with the Coyote Target being drilled in parallel with the VTEM program, reinforcing Stallion’s strategy of integrating geophysical targets with drill testing.
  • Earlier items show a consistent sequence: advancing geophysical surveys (gravity, SWML-TDEM, VTEM) to refine drill targets; mobilizing winter drilling (Moonlite, Coyote corridor) with two rigs; and occasional administrative actions (financings, board changes, and marketing activity) tied to broader fundraising and development activity.
  • Notable context from the historical news stream includes: multiple private placements to fund exploration (FT and NFT units with 0.20-0.45 CAD pricing, warrants with varied expiries), broader strategic moves (sale of Horse Heaven assets to Resolution Minerals; NSR royalty structure with Mustang Energy link), and regulatory/structural events (cease-trade orders in 2025 tied to late filings, then resumption of trading in mid-2025). The reviews also show a pattern of advancing the Coyote and Moonlite targets through gravity and EM work, with a continuing emphasis on structural corridors, gravity lows, and conductors as uranium-hosting predictors.
  • In sum, the March 2026 VTEM completion and the ongoing Coyote drilling are positive exploration updates that fit the company’s established drill-targeting approach. They are not yet material discoveries or resource updates; rather, they extend the technical pathway toward potential future drill success. The news is positive but remains within the expected trajectory of an exploration-stage company with ongoing financings and regulatory risk.
Material Impact
  • Materiality assessment: Routine - Positive. The VTEM completion and on-site drilling progress are meaningful for refining targets and sustaining momentum, but they do not constitute a new resource, reserve, or definitive discovery. The information aligns with the company’s established strategy to generate drill-ready targets through integrated geophysics and gravity modeling, and to maintain a multi-season drill program.
  • In line with prior expectations: Consistent with the ongoing exploration program described in January–March 2026 news flow (SWML/TDEM, VTEM mobilizations, gravity work, and two rigs testing Coyote). The news reinforces the technical conviction around the Moonlite targets but does not derail or surprise the market with a transformative advancement.
  • Improvements vs. misses: Positive in confirming drill-target refinement and continuation of the planned 2026 program; no assays or measured resources reported yet, so the data is incremental rather than transformative.
STUD · Price
Company Overview
  • Stallion Uranium Corp. is an exploration-stage uranium company focused on Athabasca Basin projects, notably the Moonlite property with Coyote and Stone Island targets. The Moonlite project is being advanced through integrated geophysical programs (SWML-TDEM, ground gravity, VTEM) and multi-rig drilling to test high-priority conductive corridors and gravity-low zones associated with uranium mineralization in a region containing some of the world’s highest-grade deposits.
Read the original news release →

More from Stallion Uranium Corp.

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

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Production / Operations Apr 02, 2026 · 04:03

Stallion Uranium contractors at Moonlite injured

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