Stallion Uranium Identifies Three New Targets at Stone Island

By Mining Hub News Desk
3 September 2026, 8:50 a.m. EDT 2 min read

Stallion Uranium Corp. has completed a 519-station ground gravity survey at the Stone Island target within the Moonlite Project in Saskatchewan’s southwestern Athabasca Basin, identifying three new priority target areas.

The survey, which achieved a mean data accuracy of approximately 0.02 mGal, was integrated with Stallion’s 2026 VTEM Plus survey data and modelled using a physical-property-constrained 3D gravity inversion completed by Convolutions Geoscience Corporation.

Article image
Target Areas A, B and C shown over the Stone Island target area, featuring a horizontal slice through the physical-prope. Source: Stallion Uranium Corp.

The integration mapped three distinct areas for follow-up. Target Area A emerged as the primary integrated target, where multiple VTEM conductor picks coincide with the strongest residual gravity low. Target Area B extends north along a distinct gravity gradient, while Target Area C provides a separate southwest target where a discrete conductor is associated with a localized gravity gradient.

Stallion holds the 100%-owned claims at Stone Island within the broader Moonlite Project, which is held in partnership with joint venture partner Atha Energy Corp. The company previously advanced its flagship Coyote target within the Moonlite Project, where an expanded ground gravity survey identified five high-priority drill areas and where an expanded 5,500-metre drilling program is underway. Stallion is currently awaiting assay results from that Coyote program.

Target refinement is now underway at Stone Island, with gravity, VTEM, magnetic, and structural datasets being integrated to rank conductor segments.

“Stone Island is developing into an important second priority area within the Moonlite Project,” said Matthew Schwab, President and Chief Executive Officer of Stallion Uranium. “The combination of gravity and VTEM data has identified three distinct areas for follow-up, led by Target Area A where multiple conductors coincide with the strongest gravity low. Advancing targets outside Coyote strengthens our project pipeline and gives us multiple opportunities for future discovery.” — Matthew Schwab, President and Chief Executive Officer

Stallion will rank the three target areas and evaluate the highest-priority zones for additional ground geophysics and future drill testing, subject to final interpretation, permitting, and program approval.

Read the full announcement: Stallion Completes Ground Gravity, Identifies Three New Priority Target Areas At Stone Island