Stallion Gold to acquire uranium company U92

U92 is a privately held Uranium company with strategic claims in the Western Athabasca Basin, home to some of the world’s largest high-grade uranium discoveries. The claim packages southern boundary is above Fission 3.0’s PLN project containing the recent discovery of ultra-high grade U3O8, while the northern end of the project is just east of the Shea Creek deposit held by the partnership of UEX and Orano. The U92 Saskatchewan projects includes six mineral claims totalling 29 273 ha.

Mr. Drew Zimmerman, CEO of Stallion, stated:

“We are excited to be acquiring projects in this region of the Athabasca Basin, which is poised to become the next major area for new uranium operations in Northern Saskatchewan.”

“Given the extreme proximity of these claims to recent high-grade discoveries we see tremendous potential in creating value for all stakeholders by deploying the exploration techniques being utilised to the area. Our leadership and advisory team is comprised of leading Uranium exploration experts including some of the most prolific Athabasca Basin stakeholders and we will leverage this expertise in our work programs and in evaluating other opportunities in the Basin.”

Read the article online at: https://www.globalminingreview.com/mining/10012023/stallion-gold-to-acquire-uranium-company-u92/