STUD

Billion Dollar Uranium Market Growing at a Solid Rate Along With Rising Adoption Strategies

Retrieved on: 
Wednesday, March 6, 2024

A report from Market Reports World said that the global Uranium market size is expected to expand at a CAGR of 3.6% of 3.6% during the forecast period, reaching USD $3.27 Billion by 2027.

Key Points: 
  • A report from Market Reports World said that the global Uranium market size is expected to expand at a CAGR of 3.6% of 3.6% during the forecast period, reaching USD $3.27 Billion by 2027.
  • Another report from 360Research Reports said: “The Global Uranium Mining, market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031.
  • The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
  • Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.

Stallion Uranium Commences Drilling on Appaloosa Uranium Target

Retrieved on: 
Wednesday, March 6, 2024

“Drilling marks a key milestone for Stallion as we move into more advanced exploration with potential to make a uranium discovery!

Key Points: 
  • “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,” stated Drew Zimmerman, CEO.
  • “Our systematic approach over such a large land package gives our team high confidence in drill testing the Appaloosa target.”
    The diamond drill program is the maiden drill program for Stallion Uranium.
  • Drilling on the first hole is currently underway and will be the first drilling undertaken on Stallion’s 100% owned Coffer Project.

Stallion Uranium Announces Additional Uranium Property Staking, Further Expanding Largest Exploration Land Package in Southwestern Athabasca Basin

Retrieved on: 
Wednesday, February 28, 2024

This increases Stallion’s total land package in the Southwestern Basin to 321,875 hectares (795,353 acres).

Key Points: 
  • This increases Stallion’s total land package in the Southwestern Basin to 321,875 hectares (795,353 acres).
  • The nine dispositions add an additional 19,361 hectares to Stallion’s 100% owned holdings in the Athabasca Basin.
  • “The total land package we have been able to put together is unrivalled in the Southwestern Basin, not only in size, but also in the number of highly prospective target areas discovered.
  • These geophysical signatures are known to be associated with uranium mineralization in the basin, and Stallion was able to cover additional length of the high potential conductive corridors.

Stallion Uranium Completes Largest Airborne Geophysical Survey in Southwestern Athabasca Basin

Retrieved on: 
Wednesday, February 21, 2024

VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce the preliminary results from the completion of the MobileMTTM airborne geophysical survey (the “Survey”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce the preliminary results from the completion of the MobileMTTM airborne geophysical survey (the “Survey”).
  • The Survey covered the entire 2,200 sq/km of the Atha Energy (CSE: SASK) JV Uranium Project (the “Project”), a new frontier of exploration in the prolific southwestern Athabasca Basin and part of the largest exploration land package held by Stallion.
  • “Stallion’s strategy to build out the largest exploration land package, taking on a new frontier of exploration in the southwestern Athabasca Basin, has been rewarded with the results of this regional survey,” stated Drew Zimmerman, CEO.
  • This opens a new frontier of exploration in the southwestern Athabasca Basin, as the project area has never had effective exploration.

Demand Booming as Global Uranium Mining Market Expected To Reach $11.3 Billion By 2030

Retrieved on: 
Wednesday, February 21, 2024

It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.

Key Points: 
  • It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
  • The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023.
  • The report added: “Uranium mining is the extraction of uranium ore from the ground for use in nuclear power plants and the development of nuclear weapons.
  • Based on the mining method, the open-pit mining segment is the most common method of uranium mining, accounting for over 90% of global uranium production in 2022.

How Supply & Demand is Likely Driving the Uranium Market to Reach a 16-Year Peak This Year

Retrieved on: 
Wednesday, February 14, 2024

PALM BEACH, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts predict that the global uranium market is likely to reach a 16 year peak in 2024.

Key Points: 
  • PALM BEACH, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts predict that the global uranium market is likely to reach a 16 year peak in 2024.
  • Toronto-listed Cameco is expected to be the world's second largest uranium producer this year after Kazatomprom.
  • The objective of the 2024 program is the discovery of uranium mineralization associated with conductive electromagnetic (EM) anomalies.
  • “We are incredibly excited to be starting the preparations for our maiden drill program, a key milestone for the company.

Stallion Uranium Begins Mobilization Efforts for Maiden Drill Program on Coffer Uranium Project

Retrieved on: 
Wednesday, February 14, 2024

The objective of the 2024 program is the discovery of uranium mineralization associated with the conductive electromagnetic (EM) anomalies.

Key Points: 
  • The objective of the 2024 program is the discovery of uranium mineralization associated with the conductive electromagnetic (EM) anomalies.
  • “We are incredibly excited to be starting the preparations for our maiden drill program, a key milestone for the company.
  • “This pragmatic approach gives our team high confidence in the Appaloosa target, while our strategy will continue to develop additional tier one targets for drill testing.”
    The program will be the first diamond drill program initiated on Stallion’s 100% owned Coffer Project.
  • This 3-hole, 3,300 meter drill program at Appaloosa marks the companies first drilling campaign in its efforts to discover the next significant uranium deposit in the Athabasca Basin.

Stallion Uranium Signs Definitive Agreement to Sell Non-Core Uranium Projects in Eastern Athabasca Basin

Retrieved on: 
Tuesday, February 13, 2024

“We are excited to see our three eastern basin projects move into the hands of Glorious, while still being able to benefit from their success.

Key Points: 
  • “We are excited to see our three eastern basin projects move into the hands of Glorious, while still being able to benefit from their success.
  • These projects warrant, and will now receive, a committed uranium exploration program led by the strength of our technical and geological team.
  • All three projects are located in the heart of the world-renowned Eastern Athabasca Basin and hold potential for a high-grade discovery,” stated Drew Zimmerman CEO.
  • Uranium mineralization in the Eastern Athabasca Basin occurs in three deposit types: 1) unconformity-hosted uranium which occur at the contact between the overlying Athabasca Basin and the crystalline basement rocks; 2) basement-hosted uranium which occur within the basement rocks; 3) sandstone-hosted uranium which occur perched in the Athabasca sandstone.

Stallion Uranium Announces Closing of Listed Issuer Financing Exemption (LIFE) Non-Brokered Private Placement

Retrieved on: 
Thursday, February 8, 2024

Each Unit consists of one common share of the Company and one-half of one Warrant.

Key Points: 
  • Each Unit consists of one common share of the Company and one-half of one Warrant.
  • The Offered Securities were issued pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “Listed Issuer Financing Exemption”) and shall be immediately freely tradeable under applicable Canadian securities legislation.
  • The Company intends to use the proceeds raised from the Offering for exploration and for general working capital purposes.
  • The Offering is subject to the final approval of the TSX Venture Exchange.

Stallion Uranium Engages Axiom Exploration for Aerial Gravity Survey over Gunter Lake Uranium Project

Retrieved on: 
Wednesday, January 31, 2024

VANCOUVER, British Columbia, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce that it has engaged Axiom Exploration Group to conduct an Aerial Gravity Survey over its Gunter Lake ("Gunter Lake” or the "Project") Uranium Project in the southwestern Athabasca Basin, Saskatchewan.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce that it has engaged Axiom Exploration Group to conduct an Aerial Gravity Survey over its Gunter Lake ("Gunter Lake” or the "Project") Uranium Project in the southwestern Athabasca Basin, Saskatchewan.
  • The aerial gravity survey commencing in February is a leading-edge technology that records the density changes in the underlying rocks.
  • The data from the gravity survey, when paired with the existing data from the VTEM™ Plus survey completed last year, will identify potential uranium alteration zones.
  • The gravity survey data is an important determinant in the discovery of uranium mineralization and was one of the key geophysical surveys used during the discovery of NexGen Energy’s Arrow deposit.