Stallion Discoveries Corp. (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) has recently teamed up with Expert Geophysics Limited to deploy the innovative Mobile Magnetotelluric (MobileMT) survey across the uranium-rich Western Athabasca Basin.
The survey was announced on Thursday and aims to harness the power of cutting-edge technology to delve deep into Saskatchewan’s Western Athabasca Basin’s uncharted territory in search of potential uranium mineralization. The survey can resolve resistivity contrasts to depths exceeding 1,000 metres for identifying prospective exploration trends.
Approximately 12,730 line kilometres will be surveyed and will pinpoint basement electromagnetic conductors and anomalous resistivity zones within the sandstone, which are often linked to uranium deposits.
MobileMT technology uses airborne Audio Frequency Magnetic (AFMAG) technology based on the Earth’s natural electromagnetic fields in the frequency range of 25-21,000 Hertz.
Stallion aims to elevate the accuracy and efficiency of its uranium exploration efforts utilizing methods that have mapped basement conductors and sandstone alteration zones at Cameco Corp.’s (NYSE:CCJ) McArthur River and Uranium Energy Company’s (NYSEAMERICAN: UEC) Shea Creek uranium deposits.
Read more: ATHA Energy performs largest multi-platform EM survey in the history of the Athabasca Basin
Read more: ATHA Energy well-positioned to capitalize on world’s best uranium jurisdiction: TF Metals interview
Exciting exploration ahead!
See post for details on phase 1 & 2 of exploration.
Stay tuned for further discoveries! pic.twitter.com/e5H8XSyF8X
— Stallion Uranium (@stallionuranium) October 20, 2023
MobileMT uses Earth’s electromagnetic fields to identify potential uranium deposits
The Mobile Magnetotellurics (MobileMT) leverages naturally occurring electromagnetic fields and identifies subsurface electrical resistivity variations within the Earth’s ionosphere-Earth interspace.
This technology is the culmination of extensive experience in developing equipment and signal/data processing algorithms for measuring natural electromagnetic fields. MobileMT incorporates the latest advancements in electronics, airborne system design and sophisticated signal processing techniques, ensuring high data quality even for low natural electromagnetic fields.
The system records two orthogonal electrical components on the stationary base station and three orthogonal dB/dt components in towed bird sensors. These records are merged into one file, and the data is processed using Fast Fourier Transformation.
This process calculates matrices representing the relations between magnetic and electrical field signals at different time bases and frequency bands. A key parameter for geophysical mapping is the module of the determinant of each matrix, which is used to represent the relationship between field powers at different points of flight and the base station.
One notable feature of the MobileMT system is the independent registration of each electrical component on the base station, facilitated by two grounded lines – signal and reference. This critical feature eliminates data bias distortions and represents a significant leap forward from previous generations of AFMAG systems.
Read more: Canadian uranium exports to the EU increased by 50% last year: Euratom report
Read more: Marvel Discovery acquires Athabasca Basin uranium project for $1M
The Western Athabasca JV Project, subject to an earn-in option agreement with ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF), will receive 90 per cent of the survey effort, while the remaining 10 per cent will be dedicated to Stallion’s 100 per cent owned projects. Given the vastness of the area, two helicopter-borne MobileMT systems will be deployed to ensure efficient and effective coverage.
“The launch of the MobileMT survey is an exciting and significant step in advancing Stallion’s large 2,200-kilometer squared joint venture project and, for most of the project, it will mark the first-ever effective exploration completed,” Stallion’s VP of Exploration Canada Darren Slugoski said in a statement.
“This survey will be pivotal in revealing previously unknown exploration corridors across the project and advancing our work towards locating the next significant uranium discovery in the basin. The conductive corridors will guide Stallion’s selection of target areas that will be prioritized for additional work based on each target’s potential uranium mineralization characteristics.”
The Athabasca Basin is among the highest sources of uranium worldwide. Uranium players in the area include ATHA Energy which holds an extensive cumulative exploration package within the Athabasca Basin and holds a 10 per cent carried interest portfolio of claims that are actively operated by Nexgen Energy Ltd. (TSX: NXE) and IsoEnergy Ltd. (TSXV: ISO).
Other main players in the basin include Cameco Corporation (TSX: CCO) (NYSE: CCJ), Denison Mines (TSX: DML) (NYSE: DNN), Skyharbour Resources Ltd (TSXV: SYH) (OTCQX: SYHBF) and Fission Uranium Corp. (TSX: FCU) (OTCQX: FCUUF) (FSE: 2FU).
ATHA Energy is a sponsor of Mugglehead news coverage
natalia@mugglehead.com
