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Stallion Uranium Outlines 5 Conductive Trends as Key Target Areas on Sandy Lake Uranium Project
VANCOUVER, British Columbia, June 27, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is ple
About this update from Stallion Uranium Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, June 27, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the \"Company\" or \"Stallion\") (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce the preliminary results from the completion of a MobileMT™ airborne geophysical survey (the “Survey”) on its 100% owned Sandy Lake Project (the “Project”). The project is roughly 11km west of Shea Creek and the Cluff Lake Mine in the prolific Southwestern Athabasca Basin, in northern Saskatchewan. Highlights 27 kms of basement conductive trends have been outlined. Large multi-kilometer conductive trends coincide with basement structures interpreted to be similar to structures at Shea Creek and Cluff Lake Project advancing towards drill readiness with defined target areas Follow-up will include ground geophysics to refine targets in advance of drill testing “The completion of this survey has identified compelling target areas at Sandy Lake and takes the project another step closer to drill readiness,” said Stallion CEO, Drew Zimmerman. “With geological features similar to the nearby Shea Creek and Cluff Lake Mine, Sandy Lake is becoming a top tier project with major discovery potential.” Figure 1 – Stallion’s 100% Owned Sandy Lake Mobile MT Survey Results Darren Slugoski, VP of Exploration said, “The comprehensive MobileMT™ survey was able to identify and prioritize five discrete conductive trends which will be the target of the next phase of exploration. The survey gives Stallion the additional detail and resolution needed to interpret the geological features known to host uranium mineralization.” Results Convolutions Geoscience was contracted to complete an interpretation of the 2024 AFMAG results collected by Expert Geophysics. The results of the survey identified five discrete conductive trends (Figure 1) label SL1 to SL5. The conductors are oriented in three dominant directions with conductors SL1, SL3 and SL4 trending NW-SE, conductor SL2 is trending east-west and conductor SL5 is trending north-south. The SL1, SL3 and SL4 represent conductive corridors that occur sub-parallel to the Saskatoon Lake conductive trend which hosts the Shea Creek Deposits only 11km to the east. SL1 & SL3 conductor corridors are located above and below the unconformity model surface, indicating that the sandstone may have been breached. SL2 and SL4 are interp...