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Stallion Uranium Strategically Expands Largest Land Package in the Prolific Southwestern Athabasca Basin
VANCOUVER, British Columbia, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pl
About this update from Stallion Uranium Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the \"Company\" or \"Stallion\") (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce that it has acquired by low-cost staking ten new prospective uranium exploration dispositions (or “claims”). The new claims will make up the Company’s Stone Island Project, covering 9,993 hectares and further bolstering Stallion’s land package in the prolific Southwestern Athabasca Basin. The new dispositions are contiguous to the Western Athabasca Basin JV Project (Stallion and Atha Energy) and are 100% owned by Stallion Uranium. Key Exploration Highlights Staked 9,993 ha of contiguous claims New dispositions host the extension of Stallion’s Coyote Corridor Shallow depth to Unconformity of 100-400m Hosts the extensions of known additional conductive trends “Highly prospective land in the Athabasca basin very rarely becomes available,” said CEO Drew Zimmerman “We are fortunate to have been able to stake such a large land package in a very competitive area. These newly acquired claims are geologically prospective and strategically located along our existing land package allowing Stallion to more easily integrate the project into our proven exploration funnel.” New Mineral Dispositions – The Stone Island Project The new project is located on the southern edge of Stallion’s Western Athabasca Basin JV Project. In a very competitive and prospective area, Stallion was able to stake 9,993 ha of land hosted across 10 mineral claims. The project hosts the extension of Stallion’s previously identified and highly prospective Coyote Corridor as well as other historically identified conductors. The project is located the Taltson Geological Domain which hosts the NexGen’s Arrow deposit. Stallion will begin the process of having this additional project go through the Company’s exploration funnel. A technologically advanced exploration process that efficiently and effectively uncovers the highest priority target areas on the project for further advancement. With proprietary data available from work the company has already completed on adjoining projects, the company sees incredible potential in the Stone Island Project. Darren Slugoski, Vice President Exploration stated, “We are extremely happy to be able to secure the land acquisition covering such a highly prospe...