VANCOUVER, British Columbia — February 12, 2026 — Leads & Copy — Stallion Uranium Corp. has commenced its 2026 winter diamond drilling program at the Moonlite Project in the Athabasca Basin of northern Saskatchewan.
The drilling program will target the Coyote Corridor, a large-scale structural zone identified through integrated geophysical surveys and geological modeling with Atha Energy Corp.
The Moonlite Project covers 100%-owned mineral claims and claims under option with Atha Energy Corp.
The Coyote Target is the result of over a year of geophysical surveying, geological modeling, and data integration, creating a basement-hosted target for uranium mineralization.
Priority drill targets feature coincident conductors, gravity anomalies, and structural corridors, similar to those found in other uranium deposits in the Athabasca Basin.
The Coyote structural corridor is a newly defined area that has not been drill tested previously.
The program includes 4,000 meters of drilling using two diamond drill rigs, allowing for real-time adjustments to targeting.
The Moonlite Project is located within a prospective exploration corridor of the western Athabasca Basin, near uranium discoveries and deposits.
Base Drilling, a contractor with experience in northern Saskatchewan and the Athabasca Basin, is conducting the drilling.
According to CEO Matthew Schwab, the Coyote target shows the same geological signatures as major Athabasca uranium discoveries. He added that the program has discovery potential.
Drilling was delayed due to warm January weather, which impacted winter road construction and equipment mobilization. Site conditions have since improved.
VP Exploration Darren Slugoski stated that the company is looking for conductive graphitic structures, gravity lows, and structural complexity coinciding in the same corridor.
The program aims to test targets within a structural corridor that displays geophysical and geological characteristics associated with uranium deposits.
The 2026 winter drill program will use two diamond drill rigs to complete six to eight drill holes, focusing on high-priority target areas defined by recent ground geophysical surveys.
Drill targets are located within gravity low anomalies associated with conductive corridors, representing graphitic structural zones with potential for uranium alteration. Targeting focuses on areas of structural complexity that may provide pathways for uranium-bearing hydrothermal fluids.
The Coyote conductive corridor is considered similar to other productive structural corridors within the Athabasca Basin and is a priority target for initial drill testing.
Base Drilling specializes in diamond drilling services for mineral exploration projects and has experience operating in remote northern environments and the Athabasca Basin.
The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed and approved by Darren Slugoski, P.Geo.
Stallion Uranium is exploring 1,700 sq/km in the Athabasca Basin and holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones.
The company uses technology such as the Haystack TI technology.
Matthew Schwab is the CEO and Director of Stallion Uranium Corp.
Source: Stallion Uranium Corp.
