Announcement • Aug 15
Stallion Uranium Reports Highest Radioactivity Intersected At Coyote and Expands Drill Program Stallion Uranium Corp. has now completed 4,626 metres of drilling at the Coyote target, including two additional drill holes, ML26-005 and ML26-006A, with the latest drilling intersecting increased radioactivity as the Company continues to advance its understanding of the Coyote system. Encouraged by the progression of the 2026 drill program and the geological information generated to date, Stallion plans to expand its current 5,500-metre program to approximately 6,750 metres before the end of the exploration season, representing an additional 1,250 metres of planned drilling at Coyote. Drill Hole ID Dip/Azimuth Depth From (m) Depth To (m) Width (m) Average cps Max cps ML26-005 -70° /350° 571.9 574.2 2.3 595 1,416 649.9 650.2 0.3 648 862 ML26-006A -70° /350° 608.1 608.4 0.3 458 561 *Gamma measurements taken with a QL40GR-1000, Total Count Natural Gamma Probe Drilling at Coyote has now reached 4,626 metres, representing approximately 84% of the Company's previously announced 5,500-metre program. The latest drilling includes holes ML26-005 and ML26-006A, which intersected increased radioactivity, highlighted by a peak response of 1,416 cps in ML26-005 within a 2.3-metre interval averaging 595 cps. The drilling continues to provide important geological information as Stallion refines its understanding of the structural and alteration systems associated with the Coyote target. The Company plans to complete the remaining metres of the current program and, based on the geological information generated to date, intends to expand drilling to a total of approximately 6,750 metres before the end of the 2026 exploration season. The additional drilling will allow Stallion to continue testing and refining priority areas within the Coyote system while incorporating the growing geological and geophysical dataset developed throughout the 2026 program. All core radioactivity was measured using a RS-125 Super-SPEC Handheld Gamma-Ray Spectrometer. Down hole probing radiometric surveying was conducted with a Mount Sopris QL40GR-1000 downhole total gamma probe. The total gamma results provided in Table 1 were selected using a cut-off of 300 cps over a 0.3 metre downhole width. All drill core samples from the 2026 program will be shipped to the Saskatchewan Research Council Geoanalytical Laboratories (“SRC”) in Saskatoon, Saskatchewan, an ISO/IEC 17025/2005 and Standards Council of Canada certified analytical laboratory. Stallion Uranium requests multi-element analysis by ICP-MS and ICP-OES using total (HF:NHO3:HClO4) and partial digestion (HNO3:HCl), boron by fusion. One half of the split core samples are retained and the other half cores are sent to the SRC for analyses. Blanks, standard reference materials, and repeats are inserted into the sample stream at regular intervals by Stallion Uranium geologists and SRC in accordance with industry-standard quality assurance/quality control (“QA/QC”) procedures. All reported depths and intervals are drill hole depths and intervals, unless otherwise noted, and do not represent true thicknesses, which have yet to be determined. The reader is cautioned that gamma probe readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials. Announcement • Jul 07
Stallion Uranium Defines Priority Target Areas From VTEM Survey On Stone Island Target, Moonlite Project Stallion Uranium Corp. has completed its interpretation of the VTEM dataset, integrated with magnetic tilt derivative data, and defined multiple priority conductive trends and structurally controlled target areas for follow-up exploration. The VTEM Plus survey, completed by Geotech Ltd., consisted of two grids located south of the Company’s flagship Coyote Target and was designed to refine conductive structural corridors and identify additional drill targets across the broader Moonlite property. Integrated VTEM Plus and magnetic tilt interpretation defines four priority target areas at (A–D) Stone Island. Strong to moderate Tau responses delineate graphitic basement conductors, consistent with uranium-bearing systems in the Athabasca Basin. Multiple parallel to sub-parallel conductive trends identified, outlining a broad structural corridor. Magnetic tilt derivative highlights structural breaks, offsets, and cross-cutting lineaments, enhancing interpretation of fault-controlled architecture. Priority targets occur along conductor margins and zones of structural disruption, favourable for uranium mineralization. Plate modelling and inversion are underway to refine conductor geometry, depth, and drill targeting. The VTEM Plus data has outlined a strong conductive corridor with multiple parallel trends, and magnetic tilt interpretation has highlighted the structural controls on these conductors. The first completed drill hole at Coyote intersected graphitic faulting and significant alteration, providing strong validation of the geophysical targeting approach. The company is now focused on refining these targets through modelling and advancing them toward systematic drill testing. Interpretation of the VTEM Plus Tau data has defined a broad conductive corridor across the Stone Island Target, characterized by moderate to high time constant (“Tau”) responses. These conductive trends are interpreted to represent graphitic basement structures commonly associated with unconformity-related uranium systems in the Athabasca Basin. Integration with magnetic tilt derivative data has enhanced structural interpretation, highlighting lineaments, offsets, and cross-cutting features interpreted as fault structures. These features commonly correspond spatially with conductive trends and areas of anomaly complexity. Four priority target areas (A–D) have been identified based on the spatial relationship between conductive trends and interpreted structural features: Target A (NE Block) - Located along the western portion of the northeast survey block, this target corresponds to a moderate to high Tau response situated along the margin of a primary conductor. The anomaly exhibits subtle changes in geometry and is interpreted to represent a structurally influenced segment of the conductive corridor. Target B (NE Block) - Positioned in the northwestern portion of the northeast block, this target is associated with a strong conductive response and increased structural complexity, including possible offsets and disruption within the conductor. Target C (NE Block) - Located in the southeastern portion of the northeast block, this area is defined by a coherent conductive trend with localized complexity, interpreted to represent a continuation of the broader structural corridor. Target D (SW Block) - Situated along the eastern margin of the southwest survey block, this target represents a distinct conductive anomaly with localized structural complexity and is interpreted as a discrete segment of the conductive system. These targets are primarily located along conductor margins and zones of structural disruption, where fluid flow and uranium deposition are most likely to occur. Plate modelling and inversion of the VTEM dataset are currently in progress and will further constrain conductor geometry, depth, and continuity. These results will be used to refine drill targeting and guide future exploration programs on the Moonlite Project. Concluding February 19, 2026, Geotech Ltd. carried out a helicopter-borne geophysical survey at the request of Stallion Uranium Corp. The survey totaled approximately 676 line-kilometres across two blocks over the Stone Island Target on the Moonlite property. The VTEM Plus (Versatile Time Domain Electro Magnetic) system is the most innovative and successful airborne electromagnetic system to be introduced in more than 30 years. The proprietary receiver design using the advantages of modern digital electronics and signal processing delivers exceptionally low-noise levels. Coupled with a high dipole moment transmitter, the result is unparalleled resolution and depth of investigation in precision electromagnetic measurements. Key features include: Superior Exploration Depth - over 800 metres in certain environments. Low Base Frequency (30 Hz) for penetration through conductive cover. High Spatial Resolution - 2 to 3 metres. Improved Interpretability due to Receiver-Transmitter symmetry. Ability to identify drill targets directly from airborne results. Excellent resistivity discrimination and detection of weak anomalies. The system was designed to be field configurable to best suit a large variety of different geophysical requirements from deep penetration to optimizing the discrimination within a narrow range of resistivity values. The system is easily transportable. It can be disassembled for packaging in relatively small units for shipping to surveys around the world. In the event of damage to the EM bird in-flight or while being transported between survey sites, the unique design allows the easy replacement of any part of the system in the field. The transmitter loop can be assembled or disassembled in 6-8 hours. Board Change • Jul 03
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Terri Welyki was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.