Stallion Discoveries Closes Hathor and U92 Acquisitions
Retrieved on:
Thursday, January 19, 2023
The U92 projects included 6 mineral claims totaling 29,273 hectares held in the prolific Western Athabasca Basin, home to some of the world’s largest high grade uranium deposits and discoveries.
Key Points:
- The U92 projects included 6 mineral claims totaling 29,273 hectares held in the prolific Western Athabasca Basin, home to some of the world’s largest high grade uranium deposits and discoveries.
- The Hathor Exploration projects included 17 mineral claims totaling 49,558 hectares that are held strategically throughout the Athabasca Basin.
- With the combined acquisitions Stallion now holds 23 minerals claims covering 78,831 hectares in strategic locations throughout the Athabasca Basin as shown in Figure 1 below.
- In consideration of the acquisition of all outstanding shares in Hathor, the Company paid the shareholders of Hathor the sum of $400,000.