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Stallion Uranium (STLNF) Secures Key Permit for Groundbreaking Coffer Project in Saskatchewan’s Athabasca Basin

The uranium mining sector is poised for significant growth, driven by the global shift towards cleaner energy sources and nuclear power's increasing role in this transition. Renewed interest in nuclear energy, fueled by environmental policies aimed at reducing carbon emissions and growing investments in nuclear technology, is placing uranium at the forefront. Additionally, geopolitical tensions and supply chain disruptions highlight the need for stable uranium supplies. 

The sector's growth is further bolstered by high-profile investments, such as the collaboration between Bill Gates and Warren Buffett to build a new nuclear reactor in Wyoming. This project, highlighting the interest of influential investors in nuclear energy, could further increase the demand for uranium, making uranium mining companies attractive for investors in the changing energy landscape.

One small cap company in the uranium mining sector that we would like to draw your attention to is Stallion Uranium Corp (TSX-V: STUD; OTCQB: STLNF; FSE: HM40). 

Stallion Uranium (STUD) is working to Fuel the Future with Uranium through the exploration of over 3,000 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones. The leadership and advisory teams at STUD are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. Further, Stallion offers optionality with two gold projects in Idaho and Nevada that neighbour world class gold deposits offering exposure to upside potential from district advancement with limited capital expenditures.

In a recent press release, STUD announced it has received the necessary permits from the Saskatchewan Government to conduct ground-based geophysical surveys and diamond drilling exploration work on its 100% owned Coffer ("Coffer” or the "Project") Uranium Project in the Athabasca Basin, Saskatchewan.

Highlights

  1. The company is planning for a targeted ground geophysics survey to commence in the coming weeks that will further inform the planned maiden diamond drill program in Q1/2024.

  2. Permitted activities include access trail construction, temporary camp establishment, geophysical surveying, and diamond drilling.

  3. Permits are valid until Nov 1, 2026, allowing for multiple seasons of geophysical surveying and drill testing.

"We are thrilled to share the news that Stallion has secured an exploration permit for our Coffer project in the Athabasca Basin," stated Drew Zimmerman, CEO of Stallion Uranium. "This permit represents a key step in our ability to continue to advance our high-potential uranium targets. The Southwestern Athabasca Basin is an underexplored corner of the globally recognized Athabasca Basin and we are eager to advance our exploration activities in this burgeoning region that holds the potential to host the next significant uranium discovery."

Next Steps

Stallion will initiate a targeted geophysical survey in the coming weeks over the Appaloosa Target on the Coffer Project. Further information on the survey and target area will be released in the coming weeks.

About Coffer Project

The Coffer Project comprises 8 mineral claims and covering 35,875 hectares of highly prospective ground in the Western Athabasca Basin. The project has never been drill tested and contains several kilometer-scale prospective zones within the key target areas identified as Appaloosa, Clydesdale and Mustang. The Appaloosa target will be the focus of the up-coming exploration programs as the Company has identified gravity and magnetic lows on a conductive corridor known to correlate to alteration that hosts uranium mineralization. The highly prospective target area shares geological analogues to the nearby Shea Creek deposit, home to over 95M lbs. of uranium.

Stallion Uranium Corp. (STUD.V) has a 52 week high of 51 cents and if things go as planned for the company, Stallion Uranium Corp could exhibit a significant upside potential. As always, conduct your own due diligence and follow traders vigilance. 

For more information, please visit https://stud.report/

Watch the below video for more information on STLNF/STUD.V



Video Link: https://www.youtube.com/embed/inyI4Osrm9A?si=dNt2LWC4wrkcZHf1

Some of other uranium mining stock to place on top of radar include Uranium Royalty Corp. (NASDAQ:UROY), Energy Fuels Inc. (NYSE:UUUU), Centrus Energy Corp. (NYSE:LEU), NuScale Power Corporation (NYSE:SMR), Ur-Energy Inc. (NYSE:URG), Denison Mines Corp. (NYSE:DNN), Sibanye Stillwater Limited (NASDAQ:SBSW), NexGen Energy Ltd. (NYSE:NXE), BHP Group Limited (NYSE:BHP), and Cameco Corporation (NYSE:CCJ). 

Sources:

https://finance.yahoo.com/news/stallion-uranium-receives-exploration-permit-110000408.html

https://stud.report/

https://nypost.com/2021/06/04/bill-gates-warren-buffett-building-nuclear-reactor-in-wyoming/

 

Disclaimer: FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Please ensure to fully read and comprehend our disclaimer found at https://JournalTranscript.com/disclaimer/. JournalTranscript.com has been compensated four thousand dollars by a 3rd party Khaos Media LLC for advertisement and content distribution services on STUD for 12/11/2023 to 12/31/2023. We own zero shares of STUD. JournalTranscript.com is neither an investment advisor nor a registered broker. No current owner, employee, or independent contractor of JournalTranscript.com is registered as a securities broker-dealer, broker, investment advisor, or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. This article may contain forward-looking statements as defined under Section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. These statements, often incorporating terms like "believes," "anticipates," "estimates," "expects," "projects," "intends," or similar expressions about future performance or conduct, are based on present expectations, estimates, and projections, and are not historical facts. They carry various risks and uncertainties that may result in significant deviation from the anticipated results or events. Past performance does not guarantee future results.JournalTranscript.com does not commit to updating forward-looking statements based on new information or future events. Readers are encouraged to review all public SEC filings made by the profiled companies at https://www.sec.gov/edgar/searchedgar/companysearch. It is always important to conduct thorough due diligence and exercise caution in trading.JournalTranscript.com is not managed by a licensed broker, a dealer, or a registered investment adviser. The content here is purely informational and should not be taken as investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor regarding forward-looking statements. Any statement that projects, foresees, expects, anticipates, estimates, believes, or understands certain actions to possibly occur are not historical facts and may be forward-looking statements. These statements are based on expectations, estimates, and projections that could cause actual results to differ greatly from those anticipated. Investing in micro-cap and growth securities is speculative and entails a high degree of risk, potentially leading to a total or substantial loss of investment. Please note that no content published here constitutes a recommendation to buy or sell a security. It is solely informational, and you should not construe it as legal, tax, investment, financial, or other advice. No content in this article constitutes an offer or solicitation by JournalTranscript.com or any third-party service provider to buy or sell securities or other financial instruments. The content in this article does not address the circumstances of any specific individual or entity and does not constitute professional and/or financial advice. JournalTranscript.com is not a fiduciary by virtue of any person's use of or access to this content.

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