Stallion Uranium Corp.’s (TSXV: STUD) (OTCQB: STLNF) (FSE: FE0) joint airborne gravity survey with ATHA Energy Corp. (TSXV: SASK) (OTCQB: SASKF) (FRA: X5U) revealed promising gravity anomalies that could mean the presence of uranium.
Stallion made the announcement on Wednesday, indicating that the survey also revealed prospective rock types for more target areas.
The completed gravity survey advances the company’s ability to prioritize prospective targets across its extensive land package.
The information gained from the survey enhances confidence in the targets as they are compared to known deposits in the area that exhibit similar gravity features and anomalies. The Northern and Southern gravity anomalies stand out as the strongest and are linked to conductive corridors identified in the previous MobileMT survey.
The survey indicates the density of the rock, with gravity lows potentially representing increased alteration commonly associated with world-class uranium deposits. Additionally, this survey played a role in the discovery of NexGen Energy Ltd’s (TSX: NXE) (NYSE: NXE) Arrow deposit on the nearby Patterson Lake Trend.
“The central gravity anomaly has a strong correlation with the uranium bearing Patterson Lake Trend which adds to the prospectivity of targets of the stronger Northern and Southern gravity anomalies,” said Darren Slugoski, VP of Exploration for Stallion.
The completed gravity survey adds valuable data, deepening the company’s understanding of the previously underexplored land package. Furthermore, the compiled and modeled data offers crucial insights for the next stages of exploration. This enables the company to concentrate on the most promising target areas and increasing the probability of a uranium discovery.
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Central gravity low correlates with Triple R and Arrow Deposits
Conducted over a 647 square kilometer area, the gravity survey aimed to identify subsurface density variations typically associated with uranium-bearing deposits. The company used this non-invasive geophysical method to better define priority target areas and serve as a key indicator for locating world-class uranium deposits in the region.
Axiom Exploration Group carried out a high-resolution Xplorer NxT gravity survey, using the NxT Helicopter Gravimeter and Magnetic system on an AS350B2 helicopter platform.
The NxT system, featuring NRG’s patented split ring laser gyro and Active Thermal Control System (ATCS), significantly enhances drift characteristics and performance. The survey covered 1 block, totaling 4,277 line-kilometers, with traverse line spacing of 200 meters and tie line spacing of 2000 meters.
The gravity survey revealed significant findings, including a central gravity low that correlates with the mineralized Patterson Lake trend, which hosts the world-class Triple R and Arrow Deposits.
Additionally, the testing identified four anomalies, each corresponding to subsurface zones previously marked as high-priority areas. Based on these positive results, the company can further prioritize these targets in conjunction with other available datasets for continued exploration.
