Stallion Uranium (TSX-V:STUD) has begun its winter diamond drilling campaign for 2026 at the Moonlite Project in the Athabasca Basin of northern Saskatchewan.
After over a year’s worth of integrated geophysical surveys and detailed geological modelling, the company is targeting the Coyote Corridor for its large-scale, defined structural zone.
Stallion has identified coincident conductors, gravity anomalies, and structural corridors as priority drill targets due to its prospectivity for uranium deposits.
The company will conduct 4,000m of drilling with two diamond drill rigs. Results will be incorporated to refine targeting hole to hole.
CEO Matthew Schwab says Coyote represents one of the “most technically compelling uranium targets” he has seen, ahead of maiden drilling.
“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,” Schwab says.
“With two rigs turning, this program has genuine discovery potential.”
Vice President of Exploration Darren Slugoski says the corridor “checks the boxes” that the company searched for in the Athabasca uranium space.
“We see conductive graphitic structures, gravity lows, and structural complexity all coinciding in the same corridor,” Slugoski says.
“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.”
Stallion Uranium is focused on advancing its ‘Fuel the Future with Uranium’ campaign through exploration across the Athabasca Basin in Canada.
Write to Maddison Elliott at Mining.com.au
Images: Stallion Uranium
