Announcement • Mar 11

Stallion Uranium Corp Announces Completion of Airborne Vtem Plus Survey and Provides Coyote Drilling Update

Stallion Uranium Corp. announced the completion of a helicopter-borne VTEM Plus airborne electromagnetic survey over the Stone Island target area within its Moonlite Project in the Southwestern Athabasca Basin, and a drilling update regarding the ongoing exploration program at the Company’s Coyote Target. The VTEM survey, conducted by Geotech Ltd., consisted of two grids positioned south of the Coyote Corridor on the Moonlite Project. It was designed to further refine conductive structural corridors, identify potential alteration anomalies, and generate additional high-priority drill targets to complement the Company's ongoing diamond drilling program at the primary Coyote Target. This adds a foundational geophysical dataset for the largely underexplored Stone Island area, helping advance Stallion's systematic exploration strategy in the region. VTEM Plus survey completed over the Stone Island Target on the Moonlite Project, located south of the Coyote Target. Two survey grids totaling 676 line-kilometres flown, consisting of 578 km on the northern grid and 98 km on the southern grid. Survey flown at 200-metre line spacing, providing high-resolution coverage designed to map conductive graphitic basement structures associated with unconformity-related uranium deposits. Data currently undergoing processing and interpretation to identify conductive corridors, structural complexity, and potential drill targets. Maiden drill program underway at the Coyote Target, with two diamond drill rigs currently operating as the Company advances testing of the large basement-hosted target. Drilling progressing, with the program systematically evaluating high-priority geophysical and structural targets identified through recent exploration. Challenging drilling conditions have been encountered where all current drill holes have intersected massive alteration and significant structural influence from the underlying reginal fault system. The VTEM Plus system provides exceptional depth penetration and resolution, allowing better definition of conductive graphitic structures that are commonly associated with major uranium deposits in the Athabasca Basin. Integrating these new airborne EM results with gravity data, structural interpretation, and ongoing drilling at Coyote will help refine understanding of the broader mineralized corridor and support the development of additional high-priority drill targets across 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. The Company reports that its maiden drill program at the flagship Coyote Target on the Moonlite Project in the Athabasca Basin is actively progressing, with two diamond drill rigs currently operating on site. The Company is currently advancing drilling on the second and third holes as it systematically tests the large, high-priority basement-hosted target identified through extensive geophysical surveying and geological modeling completed over the past year. Initial program progress has been influenced by several operational factors typical of early-stage exploration in remote northern environments. Unseasonably warm winter conditions in northern Saskatchewan have created intermittent ground stability challenges affecting access and drill pad preparation. In addition, as this area represents a first-pass drill test, crews have encountered rugged and variable terrain requiring additional site preparation and equipment adjustments. Elevated exploration activity across the Athabasca Basin, driven by strengthening uranium market fundamentals, has also resulted in increased demand for drilling and logistical services across the region. Despite these challenges, drilling contractor Base Drilling Ltd. has adapted effectively and continues advancing the program toward priority structural and geophysical targets that define the Coyote corridor. The program represents the first systematic drill testing of this large structural system, interpreted from integrated gravity and electromagnetic datasets, along with information gained from the ongoing drill program. The Company remains committed to a multi-season drill program designed to evaluate the scale and potential of this target. Drilling is expected to continue through 2026 with only a brief operational pause anticipated during the spring breakup period to allow for site repositioning and logistical planning. Following this short transition period, drilling activities are expected to resume and continue through the summer, fall, and winter exploration seasons as the Company advances its exploration strategy on the Moonlite Project. Management is confident in the Coyote Target’s potential, further supported by the recently completed geophysical surveys and looks forward to delivering regular updates as the program progresses. The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed and approved by Darren Slugoski, P.Geo., VP Exploration, a registered member of the Professional Engineers and Geoscientists of Saskatchewan. Mr. Slugoski is a Qualified Person as defined by National Instrument 43-101.

CEO salary percentage	89.74%
CEO tenure	1.7yrs
CEO ownership	0.2%
Management average tenure	1.1yrs
Board average tenure	5yrs

Date	Total Compensation	Salary	Company Earnings
Mar 31 2026	n/a	n/a	-CA$1m
Dec 31 2025	CA$195k	CA$175k	-CA$2m
Sep 30 2025	n/a	n/a	-CA$15m
Jun 30 2025	n/a	n/a	-CA$17m
Mar 31 2025	n/a	n/a	-CA$18m
Dec 31 2024	CA$15k	CA$15k	-CA$20m

Name	Position	Tenure	Compensation	Ownership
Matthew Schwab	CEO & Director	1.7yrs	CA$195.00k	0.20% € 46.1k
Paulo Santos	Chief Financial Officer	less than a year	no data	no data
Knox Henderson	Head of Investor Relations	less than a year	no data	no data
Austin Zinsser	Geologist	no data	no data	no data
Kelly Pladson	Corporate Secretary	5.8yrs	no data	no data

Name	Position	Tenure	Compensation	Ownership
Matthew Schwab	CEO & Director	2.3yrs	CA$195.00k	0.20% € 46.1k
Terri Welyki	Independent Director	5yrs	no data	0.020% € 4.6k
Jay Martin	Independent Director	5.9yrs	no data	no data
Andrew Zimmerman	Director	5.7yrs	no data	0.14% € 31.5k
Peter Dembicki	Director	less than a year	CA$11.55k	no data

Data	Last Updated (UTC time)
Company Analysis	2026/07/06 21:20
End of Day Share Price	2026/07/06 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

Stallion Uranium Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Stallion Uranium Corp. Announces Chief Financial Officer Changes

Stallion Uranium Corp. Appoints Peter Dembicki to Board of Directors

Stallion Uranium Corp., Annual General Meeting, Nov 13, 2025

Stallion Uranium Corp. Announces Chief Executive Officer Changes

Stallion Uranium Corp. Announces Resignation of William Breen, President and VP of Exploration US

Recent updates

Stallion Uranium Defines Priority Target Areas From VTEM Survey On Stone Island Target, Moonlite Project

Less than half of directors are independent

Stallion Uranium Corp. Intersects Elevated Radioactivity And Alteration At Coyote And Continues Expanded Drill Program

Stallion Uranium Corp. Recommences Drilling Operations at Moonlite Project

Stallion Uranium Temporarily Halts Drilling Operations At Moonlite Project Following Serious Injury Incident

Stallion Uranium Corp Announces Completion of Airborne Vtem Plus Survey and Provides Coyote Drilling Update

Stallion Uranium Corp. Announces Completion of Ground Gravity Extension Survey over Coyote Corridor

Stallion Uranium Corp. Commences Phase 1 Drilling Program on Moonlite Project in Athabasca Basin

Stallion Uranium Corp. Commences Ground Gravity Survey on Additional High Priority Drill Targets

Stallion Uranium Corp. Announces the Completion of A Ground-Based Step-Wise Moving Loop ("Swml") Time-Domain Electromagnetic (Tdem) Survey

Stallion Uranium Corp. Announces Mobilization for Winter Drilling Program

Stallion Uranium Corp. Announces Chief Financial Officer Changes

Stallion Uranium Corp. announced that it has received CAD 7.723064 million in funding

Stallion Uranium Corp. announced that it expects to receive CAD 4.55 million in funding

Stallion Uranium Corp. Commences Ground Electromagnetic Survey on the Coyote Corridor

Stallion Uranium Corp. Appoints Peter Dembicki to Board of Directors

Stallion Uranium Corp., Annual General Meeting, Nov 13, 2025

Stallion Uranium Corp. announced that it has received CAD 15 million in funding

Stallion Uranium Corp. announced that it expects to receive CAD 12 million in funding

Resolution Minerals Ltd (ASX:RML) completed the acquisition of 1503271 B.C. Ltd. from Stallion Uranium Corp. (TSXV:STUD) and others.

Stallion Uranium Corp. Refines Coyote Target with Highly Conductive Anomalies from Ground EM Survey

Stallion Uranium Corp. Announces Completion of Coyote Project 3D Gravity Inversion

Stallion Uranium Corp. Announces Completion of Ground Gravity Survey over Coyote Target

Stallion Uranium Corp. announced that it has received CAD 1.45 million in funding

Stallion Uranium Corp. announced that it expects to receive CAD 1.3 million in funding

Stallion Uranium Corp. Commences Ground Electromagnetic Survey on High Priority Drill Targets

Stallion Uranium Corp. Announces Chief Executive Officer Changes

Stallion Uranium Corp. Announces Resignation of William Breen, President and VP of Exploration US

Stallion Uranium Corp. Advances Key Targets with Helisam Survey

Stallion Uranium Corp., Annual General Meeting, Nov 12, 2024

Stallion Uranium Corp. Confirms Uranium Presence in Graphitic Structure from Final Assay Results

New major risk - Shareholder dilution

Stallion Uranium Corp. announced that it expects to receive CAD 1.5 million in funding

Stallion Uranium Corp. Announces the Preliminary Results from the Completion of a MobileMT™ Airborne Geophysical Survey on Its 100% Owned Sandy Lake Project

Stallion Uranium Corp. Announces Significant Advancements and Interpretations from Maiden Drill Program on Appaloosa Target, Located on its 100% Owned Coffer Project

New major risk - Financial position

Glorious Creation Limited (CNSX:GCIT.X) completed the acquisition of seven mineral claims totaling approximately 10,874 hectares located in the Province of Saskatchewan from Stallion Uranium Corp (TSXV:STUD).

Stallion Uranium Intersects Significant Conductive Structure

Stallion Uranium Corp. Drilling Continues to Hit Anomalous Radioactivity

Stallion Uranium Corp. Drilling Intersects Anomalous Radioactivity Highlighting Potential of Appaloosa Uranium Target Area

Stallion Uranium Announces Board Changes

Stallion Uranium Corp. Provides Corporate Update on Current Exploration Efforts

Stallion Uranium Commences Drilling on Appaloosa Uranium Target

Stallion Uranium Corp. announced that it has received CAD 3.883821 million in funding

Stallion Uranium Corp. Announces Successful Completion of Ground Em Survey on the Coffer Uranium Project

Stallion Uranium Receives Exploration Permit for Gunter Lake Uranium Project in the Athabasca Basin

Stallion Uranium Corp. Mobilizes Ground EM Survey on Coffer Uranium Project in the Athabasca Basin

Stallion Uranium Receives Exploration Permit for Coffer Uranium Project in the Athabasca Basin

Stallion Uranium Corp. Provides Exploration Update on Horse Heaven and Richmond Mountain Gold and Critical Mineral Properties

Stallion Discoveries Corp. Launches Survey over Uranium Exploration Project in the Southwestern Athabasca Basin

Stallion Discoveries Corp. announced that it has received CAD 3.303508 million in funding

New major risk - Financial position

Stallion Discoveries Corp. announced that it expects to receive CAD 2 million in funding

Stallion Discoveries Corp. Highlights Uranium Target Areas from Airborne Vtem Data & Outlines Exploration Plan in the Western Athabasca Basin

Stallion Discoveries Corp. Begins Geophysical Survey on Richmond Mountain Gold Project in Nevada

New major risk - Financial position

Stallion Discoveries Corp. Receives Preliminary Magnetic Results Highlighting Geological Structures in Athabasca Basin

Stallion Discoveries Corp., Annual General Meeting, Sep 26, 2023

Stallion Discoveries Corp. announced that it expects to receive CAD 4 million in funding

Stallion Discoveries Corp. acquired Horse Heaven Project.

Stallion Discoveries Corp. announced that it expects to receive CAD 4 million in funding

Stallion Gold Corp. (TSXV:STUD) completed the acquisition of U92 Exploration Limited for CAD 0.83 million.

Stallion Gold Corp. (TSXV:STUD) signed share purchase agreement to acquire Hathor Exploration Limited for $0.4 million.

Stallion Gold Corp. (TSXV:STUD) entered into a share purchase agreement to acquire U92 Exploration Limited for CAD 0.83 million.

High number of new and inexperienced directors

Less than half of directors are independent

Less than half of directors are independent

Independent Director Kenneth Ralfs has left the company

Independent Director Ralf Hillebrand has left the company