Stallion Uranium Corp. announced the preliminary results from the completion of a MobileMT? airborne geophysical survey on its 100% owned Sandy Lake Project.

The project is roughly 11km west of Shea Creek and the Cluff Lake Mine in the prolific Southwestern Athabasca Basin, in northern Saskatchewan. Highlights: 27 kms of basement conductive trends have been outlined; Large multi-kilometer conductive trends coincide with basement structures interpreted to be similar to structures at Shea Creek and Cluff Lake; Project advancing towards drill readiness with defined target areas; Follow-up will include ground geophysics to refine targets in advance of drill testing. Results: Convolutions Geoscience was contracted to complete an interpretation of the 2024 AFMAG results collected by Expert Geophysics.

The results of the survey identified five discrete conductive trends (Figure 1) label SL1 to SL5. The conductors are oriented in three dominant directions with conductors SL1, SL3 and SL4 trending NW-SE, conductor SL2 is trending east-west and conductor SL5 is trending north-south. The SL1, SL3 and SL4 represent conductive corridors that occur sub-parallel to the Saskatoon Lake conductive trend which hosts the Shea Creek Deposits only 11km to the east.

SL1 & SL3 conductor corridors are located above and below the unconformity model surface, indicating that the sandstone may have been breached. SL2 and SL4 are interpreted to lie at and below the unconformity. The data further indicates that some of the conducive anomalies are consistent with ring and radial structures from the Carswell impact nearby.

SL5 is interpreted to occur deeper in the basement than the other conductors. The interactions with the regional conductors and the radial Carswell structures are compelling targets as they could create locations necessary to trap and concentrate uranium bearing fluids. The survey was able to identify structural complexities, including bends and splays, in the basement geology which suggest further favorable conditions for uranium mineralization.

These results will be used to prioritize the newly identified conductor corridors for the next stages of exploration.