Stallion Uranium Commences Phase 1 Drilling Program on Moonlite Project in Athabasca Basin
MWN-AI** Summary
Stallion Uranium Corp. announced the initiation of its winter diamond drilling program at the Moonlite Project, located in the renowned Athabasca Basin, on February 12, 2026. This marks a significant advancement in the company's exploration strategy, particularly targeting the Coyote Corridor, an extensively researched structural zone identified through comprehensive geophysical and geological studies in collaboration with Atha Energy Corp.
The Coyote Target has been defined following over a year's worth of integrated surveys and modeling, presenting a compelling opportunity for high-grade uranium mineralization. Notably, this drilling program represents the first-ever test of the Coyote Corridor, which has never been explored previously. The drilling strategy involves the deployment of two rigs to execute approximately 4,000 meters, enabling real-time adjustments to targeting strategies based on ongoing results.
Drill targets were selected based on specific geophysical signatures, including coincident conductors and gravity anomalies, which are often indicative of significant uranium deposits in the region. The geological characteristics suggest that the Coyote Corridor may contain the same favorable conditions that have led to other substantial uranium discoveries in the Athabasca Basin.
Despite a delayed start due to unseasonably warm weather in January, conditions have since improved to support safe drilling operations conducted by Base Drilling, a specialist in this challenging environment. The program aims to explore the structural complexity within the corridor that may provide pathways for uranium-bearing fluids, which is essential for mineral deposit formation.
Stallion Uranium expresses enthusiasm for the potential discoveries within this strategically important project, underscoring its commitment to advancing uranium exploration as part of the broader clean energy landscape. Further updates will follow as drilling progresses and results become available.
MWN-AI** Analysis
Stallion Uranium Corp.'s recent announcement concerning its Phase 1 drilling program at the Moonlite Project marks a significant event for investors and market participants interested in the uranium sector. The unveiling of the Coyote Corridor as a target zone, backed by extensive geophysical surveys and geological modeling, positions Stallion as a key player in the high-grade uranium exploration market.
As drilling begins, it is crucial to highlight a few key indicators that could impact the market's perception of Stallion. First, the Coyote Target’s compelling geophysical signatures and structural complexities—gravitational lows and conductive corridors—suggest promising conditions for hosting uranium deposits. Historically, the Athabasca Basin has demonstrated significant potential for high-grade uranium discoveries, thus reinforcing this region's attractiveness for investors.
Investors should note the dual-drill rig setup, which is expected to enhance data collection efficiency and optimize targeting in real time. This could lead to faster results and potentially accelerate any positive outcomes in uranium finds, providing an added edge to Stallion's exploration strategy.
However, prospective investors should remain cognizant of the inherent risks associated with resource exploration, as results may not fully align with expectations due to various geological and economic variables. It is crucial to monitor the progress of drilling activities closely, as any significant findings could catalyze substantial price movements for Stallion's shares.
In conclusion, Stallion Uranium offers a compelling opportunity in the uranium market, particularly with its focus on the Coyote Target within the prolific Athabasca Basin. While this venture carries typical exploration risks, its robust geological foundation and strategic drilling approach could reward shareholders in an evolving clean energy landscape, especially as global demand for uranium increases. Investors should consider initiating positions gradually, keeping a close watch on drilling outcomes and market reactions.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
VANCOUVER, British Columbia, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: B76) is pleased to announce the commencement of its 2026 winter diamond drilling program at the Moonlite Project, located in the Athabasca Basin of northern Saskatchewan. The drill program will target the Coyote Corridor, a large-scale, well-defined structural zone identified through more than a year of integrated geophysical surveys and detailed geological modeling conducted in partnership with Atha Energy Corp. (“Atha Energy”) (TSX-V: SASK). The Moonlite Project covers 100%-owned mineral claims as well as claims under option with Atha Energy Corp.
Highlights:
- Extensively Defined Target: The Coyote Target is the culmination of over a year of integrated geophysical surveying, geological modeling, and multidisciplinary data integration, resulting in a large, well-defined basement-hosted target for high-grade uranium mineralization.
- Compelling Geophysical Signatures: Priority drill targets are characterized by coincident conductors, gravity anomalies, and structural corridors; all features associated with significant uranium deposits in the Athabasca Basin.
- First-Ever Drill Test of the Coyote Corridor: The Coyote structural corridor is a newly defined structural corridor that has never been drill tested.
- Staged Drill Program Underway: 4,000 metres will be drilled utilizing two diamond drill rigs, allowing for results to be incorporated in real time to refine targeting from hole to hole.
- Premier Location: The Moonlite Project is located within a highly prospective exploration corridor of the western Athabasca Basin, near multiple world class uranium discoveries and deposits.
Drilling is being carried out by Base Drilling, a drilling contractor with extensive experience operating in northern Saskatchewan and the Athabasca Basin.
“This is the first time Coyote has ever been drilled, and it represents one of the most technically compelling uranium targets I have ever seen,” said Matthew Schwab, CEO. “After more than a year of focused geophysical work and modelling, we are now testing a target that shows the same geological signatures seen at several major Athabasca uranium discoveries. With two rigs turning, this program has genuine discovery potential.”
Drilling commenced later than originally anticipated due to unseasonably warm January weather, which temporarily delayed winter road construction and equipment mobilization. Site conditions have since improved, allowing drilling to start safely and efficiently.
“Coyote checks the boxes we look for in Athabasca uranium exploration,” said Darren Slugoski, VP Exploration. “We see conductive graphitic structures, gravity lows and structural complexity all coinciding in the same corridor. These are the types of features that host uranium deposits elsewhere in the Basin, and this program is designed to test the most favourable parts of that system.”
The objective of this program is straightforward: test the most prospective targets of a large, untested structural corridor that displays the key geophysical and geological characteristics associated with high-grade Athabasca uranium deposits.
Figure 1: Phase 1 2026 Drilling Stages
TDEM Plate Traces Over Ground Gravity Inversion (-25m asl)
The 2026 winter drill program is expected to complete approximately six to eight drill holes targeting gravity low anomalies spatially associated with conductive corridors interpreted to represent graphitic structural zones with potential for uranium alteration. Targeting is focused on areas of interpreted structural complexity, including bends, offsets, and breaks in conductive rocks that may provide favourable pathways for uranium-bearing hydrothermal fluids.
Stallion will provide additional updates as drilling progresses and results become available.
Coyote Target & Exploration Rationale:
The 2026 winter drill program at the Moonlite Project will utilize two diamond drill rigs to complete an estimated six to eight drill holes. The primary focus of the program is to test a series of high-priority target areas defined by recent ground geophysical surveys.
Drill targets are located within gravity low anomalies spatially associated with conductive corridors, which are interpreted to represent graphitic structural zones with potential for uranium alteration. Targeting within these conductive corridors is focused on areas of interpreted structural complexity, including bends, offsets, and breaks in the conductive rocks, which provide favourable pathways and traps for hydrothermal uranium-bearing mineralizing fluids. The Coyote conductive corridor is considered analogous in setting to other productive structural corridors within the Athabasca Basin and represents a priority target for initial drill testing.
Figure 2: Results of SWML Plate Modeling with EM Plates
50 m asl
About the Base Drilling:
Base Drilling is a Canadian drilling contractor specializing in diamond drilling services for mineral exploration projects. The company has extensive experience operating in remote northern environments and the Athabasca Basin, with a strong track record supporting uranium exploration programs through safe, efficient, and reliable drilling operations.
Qualifying Statement:
The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed and approved by Darren Slugoski, P.Geo., VP Exploration, a registered member of the Professional Engineers and Geoscientists of Saskatchewan. Mr. Slugoski is a Qualified Person as defined by National Instrument 43-101.
About Stallion Uranium Corp.:
Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones. With a commitment to responsible exploration and cutting-edge technology such as the use of the proprietary Haystack TI technology, Stallion is positioned to play a key role in the future of clean energy.
Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com.
On Behalf of the Board of Stallion Uranium Corp.:
Matthew Schwab
CEO and Director
Corporate Office:
700 - 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6
T: 604-551-2360
[email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, “forward-looking statements”) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.
Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/cbe22a13-fafa-4d39-b26b-105c155e8326
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FAQ**
What specific geological and geophysical characteristics make the Coyote Corridor a prime target for Stallion Uranium Corp. STLNF in their 2026 winter drilling program?
How does Stallion Uranium Corp. STLNF plan to incorporate real-time results during the drilling program to refine targeting for their exploration efforts?
Given the unanticipated delays in drilling due to weather conditions, how does Stallion Uranium Corp. STLNF ensure the efficiency and safety of their operations in northern Saskatchewan?
Can you explain how Stallion Uranium Corp. STLNF's partnership with Atha Energy enhances their exploration strategy at the Moonlite Project and the significance of their joint venture in the Athabasca Basin?
**MWN-AI FAQ is based on asking OpenAI questions about Stallion Uranium Corp. (OTC: STLNF).
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