Stallion Uranium Initiates First-Ever Drilling at Moonlite Project’s Coyote Corridor
Event summary
- Stallion Uranium commenced Phase 1 drilling at the Moonlite Project in Saskatchewan’s Athabasca Basin on February 12, 2026.
- The program targets the Coyote Corridor, a newly defined structural zone identified through geophysical surveys and geological modeling.
- 4,000 meters of drilling will be conducted using two diamond drill rigs, with results incorporated in real time.
- The Coyote Corridor exhibits geophysical signatures associated with high-grade uranium deposits in the Athabasca Basin.
The big picture
Stallion Uranium’s drilling program at the Moonlite Project comes at a time when the Athabasca Basin remains a focal point for high-grade uranium discoveries. The project’s location near multiple world-class deposits underscores its strategic importance. Success here could position Stallion as a key player in the future of clean energy uranium supply, leveraging cutting-edge technology and extensive geological expertise.
What we're watching
- Discovery Potential
- Whether the Coyote Corridor yields high-grade uranium mineralization, validating the geophysical and geological models.
- Execution Risk
- The pace at which drilling progresses and results are analyzed, given the real-time refinement of targets.
- Strategic Positioning
- How successful drilling could enhance Stallion Uranium’s standing in the Athabasca Basin’s competitive exploration landscape.
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