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Stallion Uranium Provides Exploration Update on Horse Heaven and Richmond Mountain Gold and Critical Mineral Properties
VANCOUVER, British Columbia, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pl
About this update from Stallion Uranium Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the \"Company\" or \"Stallion\") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce that Quantec has completed the data acquisition phase of the geophysical survey on the Richmond Mountain Project in Nevada. The survey data is being processed and interpreted with the results of the survey forthcoming. Additionally, the company reports highly prospective results from exploration work completed on its Antimony Ridge target area in Idaho and provides an update on further exploration activity. Antimony Ridge is located on Stallion’s 100% owned Horse Heaven Property and was the location of historical antimony mining activities in the 1950’s. Antimony is included on the list of critical and strategic minerals published by the US Geological Survey and antimony reserves on Perpetua Resources’ adjoining land package have spurred major US government investment in development of the adjacent property through the Department of Defense. “Our sampling results are extremely encouraging – everything we sampled had significant gold and antimony mineralization,” said Drew Zimmerman, CEO of Stallion Uranium. “We look forward to the results of the additional work we did on the property this fall to assess its potential as a major antimony system, comparable to those at Stibnite just 10km east.” Results of initial rock sampling conducted by Stallion Uranium geologists in 2022 demonstrated occurrence of widespread antimony-gold-silver mineralization over significant widths in multiple exposures on the property. Assay results are summarized in Table 1 and sample locations shown on Figure 1. Of the twenty-one chip samples collected, 18 contained >1ppm Au and 19 contained >0.1% Sb with discrete vein exposures returning up to 4.65 ppm Au, 70.5 ppm Ag and 19.1% Sb. Table 1: Rock Sample Results from Antimony Ridge, Valley County, Idaho Sample ID Sample Type (1) Sample Length (m)(2) Au_ppm Ag_ppm Sb_% 329000 Chip Transect 4 2.44 2.5 0.13 329001 Chip Transect 4 2.72 2.6 0.23 329002 Grab 1 1.39 41.5 0.40 329003 Chip Transect 4 3.68 303.0 2.72 329004 (3) Chip Transect 4 0.60 1.5 0.38 329005 (3) Grab 1 1.12 1.0 0.56 329006 Grab 1 1.41 54.0 2.20 329007 Chip Transect 5 2.10 3.0 0.53 329008 Grab 1 4.01 9.6 0.67 329009 Grab 1 1.60 1.2 0.08 329010 Chip Transect 3...