01:17 PM EST, 03/06/2024 (MT Newswires) -- Stallion Uranium Corp. ( STLNF ) announced Wednesday that it has begun drilling on its high priority Appaloosa Target as part the company's maiden drill program on its Coffer Project in the prolific Southwestern Athabasca Basin in Saskatchewan

The objective of the drill program is the discovery of uranium mineralization associated with conductive electromagnetic (EM) anomalies, with drill holes targeting multiple stacked geophysical anomalies including conductive EM anomalies, gravity low anomalies and magnetic low anomalies.

Stallion holds a 100% ownership of the project, with approximately 3,300 metres planned in 3 drill holes.

"Drilling marks a key milestone for Stallion as we move into more advanced exploration with potential to make a uranium discovery. We have been able to progress the Appaloosa target from a regional survey to an advanced drill target that hosts several known features associated with uranium mineralization," said Drew Zimmerman, CEO, in a statement. "Our systematic approach over such a large land package gives our team high confidence in drill testing the Appaloosa target."

Final assay results will be released when available and are expected in the summer of 2024 after lithogeochemical analysis is completed.

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