What Stallion Uranium does

Stallion Uranium Corp. is a pre-revenue junior uranium exploration company headquartered in Vancouver, British Columbia, and operating in the Athabasca Basin of Saskatchewan, Canada. Originally incorporated in 2020 as Hybrid Minerals Inc. and rebranded to Stallion Uranium in October 2023, the company consolidated its uranium-focused land position through the 2023 acquisitions of Hathor Exploration Ltd. and U92 Exploration Limited and a joint venture option with Atha Energy Corp. covering 547,524 acres. Stallion now controls the largest contiguous land package in the Western Athabasca Basin — approximately 430,764 acres (1,700 sq/km) across six projects (Coffer, Moonlite, Bronco, Borderline, Upper Mirror River, and Amarillo Sky) — positioned adjacent to world-class uranium deposits including NexGen Energy's Arrow, Cameco's Centennial, and Fission Uranium's Triple R.

The company's technical platform combines multiple geophysical survey methods — VTEM Plus helicopter-borne electromagnetic, MobileMT, HeliSAM, ground gravity, ground EM, and 3D gravity inversion modeling — to identify basement-hosted unconformity-related uranium targets. A licensed AI-powered tool (Haystack Intelligent Targeting Study) is integrated into target selection. Nine tier-one targets are advancing toward drill testing, with the flagship Coyote Corridor at the Moonlite Project (Phase 1 diamond drilling commenced February 2026, ~4,000 metres, two rigs) showing geophysical signatures analogous to NexGen's Arrow Deposit. Third-party contractors include Geotech Ltd. (VTEM Plus surveys), Condor North Consulting (QA/QC and interpretation), and Base Drilling Ltd. (drilling operations).

Stallion generates no operational revenue and funds all activities through equity financings — non-brokered private placements, flow-through share offerings, and listed issuer financing exemptions (LIFE) — with cumulative disclosed raises exceeding C$35 million across 2023–2025. The company is dual-listed on the TSX Venture Exchange (STUD) and OTCQB (STLNF), led by CEO Matthew Schwab (former NexGen/Hathor geologist) and CFO Paulo Santos. Beyond uranium, the company previously held the Horse Heaven Gold and Antimony Project in Idaho, divested to Resolution Minerals Ltd. in July 2025 to concentrate capital on Athabasca Basin uranium exploration. End-market orientation is the global uranium/nuclear energy supply chain, though no offtake agreements, uranium sales, or revenue-generating contracts exist at this stage.

Name

Stallion Uranium

Legal name

Stallion Uranium Corp.

Website

https://stallionuranium.com

Company type

Public

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Stallion Uranium Corp. is a pre-revenue junior uranium exploration company holding the largest contiguous land package (~1,700 sq/km) in the Western Athabasca Basin, Saskatchewan, advancing nine tier-one drill targets using advanced geophysical surveys and the first Phase 1 drilling program at the flagship Moonlite/Coyote target.

Ownership category

akta.pro rank

Product category

Uranium Mineral Exploration

NAICS

Support Activities for Mining (2131)

SIC

Metal Mining (1000), Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Uranium Exploration & Resource Development (EUAKACAA)

akta.pro secondary industries

HALEU Production & Supply Chain (Feedstock, Enrichment, Downblending) (EUAKACAH), Fuel Cycle Support Services (Engineering, licensing support, conversion/enrichment contracting) (EUAKACAL)

Keywords

• Uranium mineral exploration
• Athabasca Basin projects
• Airborne geophysical surveys
• Diamond drilling programs
• Critical minerals exploration

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Pre-Revenue Exploration Stage: Stallion Uranium is a pre-revenue junior exploration company. The company generates no current revenue from operations and funds all activities through equity financings including private placements, flow-through share offerings, and corporate partnerships.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Stallion Uranium is a junior mineral exploration company that explores for high-grade uranium deposits in the Western Athabasca Basin of Saskatchewan, Canada. The company holds approximately 430,764 contiguous acres (1,700 sq/km) of mineral claims across six projects — Moonlite (flagship, with Coyote Target), Coffer, Bronco, Borderline, Upper Mirror River, and Amarillo Sky — and conducts airborne and ground geophysical surveys (VTEM Plus, MobileMT, gravity, EM) and diamond drilling programs to advance drill-ready uranium targets. Stallion is pre-revenue and funds all activity through equity financings and a strategic 70/30 joint venture with Atha Energy.

Product overview

Stallion Uranium is a uranium exploration company focused on the Athabasca Basin in Saskatchewan, Canada. The company operates the largest contiguous land package in the Western Athabasca Basin, spanning approximately 1,700 sq/km across its wholly owned and joint venture land holdings. Its project portfolio includes six uranium exploration projects: Coffer Project, Moonlite Project (with Coyote Target), Bronco Project, Borderline Project, Upper Mirror River Project, and Amarillo Sky Project (with Fishhook, Five of Diamonds, and Eagle Claw targets). The company utilizes advanced geophysical techniques including VTEM Plus airborne surveys, ground electromagnetic surveys, gravity surveys, and MobileMT surveys to identify uranium mineralization targets for drilling.

Differentiator

Problem solved

Functional benefit

Products and services

• Moonlite Project / Coyote Target Flagship uranium exploration project in the Southwestern Athabasca Basin featuring the Coyote Target, a high-priority basement-hosted uranium target currently undergoing Phase 1 diamond drilling. Coyote exhibits gravity-low geophysical signatures analogous to NexGen Energy's Arrow Deposit.
• Coffer Project Uranium exploration project within Stallion's Athabasca Basin land package, part of the company's strategic holdings in the prolific uranium district and a recipient of an Athabasca Basin exploration permit.
• Bronco Project 16,056 hectare uranium project located 13 kilometres west of the historic Cluff Lake Mine, positioned near the Carswell Impact Structure in the Western Athabasca Basin.
• Borderline Project 5,437 hectare uranium project situated along the Saskatchewan-Alberta Border in the Southwestern Athabasca Basin, positioned proximal to the Beatty River Fault.
• Upper Mirror River Project 33,507 hectare uranium exploration project featuring a 17 km long conductive trend within a regional magnetic low, entirely untested by drilling.
• Amarillo Sky Project 38,182 hectare uranium exploration project near Cameco's Centennial Uranium Deposit, encompassing three Tier 1 targets (Fishhook, Five of Diamonds, Eagle Claw) advancing toward drill testing.

Quantifiable outcome

• Completed 2,226 gravity station survey identifying gravity low anomaly similar to Arrow Deposit
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Atha Energy Corp.coreStrategic or Co-development Partner · 16 May 2023Binding letter of intent and definitive option agreement giving Stallion the option to acquire a 70% interest in 47 mineral claims covering 547,524 acres in the Western Athabasca Basin. Stallion serves as sole operator of all exploration programs. Following exercise of option, the parties form a joint venture with Stallion holding 70% and Atha holding 30%.
• Geotech Ltd.coreTechnology or IntegrationContracted for helicopter-borne VTEM Plus electromagnetic surveys covering Stallion's land package. Geotech's VTEM system has surveyed over 2 million line-kilometres and is industry-leading for uranium exploration in the Athabasca Basin.
• Condor North Consulting ULCcoreTechnology or IntegrationEngaged for quality assurance/quality control of geophysical surveys and interpretation of survey data. Condor has significant expertise in Athabasca Basin uranium exploration and provides full processing, modeling, and analysis services.
• Base Drilling Ltd.coreImplementation/ SI/ Consulting PartnerDiamond drilling contractor engaged for the Phase 1 drilling program at Moonlite Project. Base Drilling conducted drilling operations at Coyote Target with two diamond drill rigs.
• Atha Energy Corp.coreStrategic or Co-development PartnerJoint venture partner on Southwestern Athabasca Basin projects including Coyote Corridor. Stallion and Atha Energy collaborating on exploration programs and data sharing for the Moonlite Project and other joint lands.

Scale indicators8 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Purepoint Uranium Group: Purepoint Uranium holds a portfolio of Athabasca Basin uranium exploration projects, including joint ventures with major operators. It shares Stallion's exploration-stage focus on basement-hosted uranium systems in the basin.
• NexGen Energy: NexGen is the operator of the Arrow Deposit in the Southwestern Athabasca Basin — the deposit whose geophysical signature Stallion's Coyote target most closely resembles. Both companies explore for high-grade basement-hosted uranium in the same district.
• Denison Mines: Denison Mines operates the Wheeler River project (Phoenix and Gryphon deposits) in the Athabasca Basin. As an established Athabasca-focused uranium developer with ISR expertise, Denison is a directly comparable peer to Stallion.
• Skyharbour Resources: Skyharbour is a uranium exploration company with a large portfolio of Athabasca Basin and other Canadian uranium projects. It is comparable to Stallion as a junior uranium explorer targeting unconformity-related deposits.
• IsoEnergy: IsoEnergy holds the Hurricane Deposit in the Athabasca Basin and is advancing high-grade uranium exploration assets. It is comparable to Stallion as a discovery-stage uranium developer with Athabasca Basin exposure.
• Atha Energy: Atha Energy is Stallion's JV partner in the Western Athabasca Basin, holding 30% interest in the optioned 547,524-acre package. Atha also operates its own uranium and critical minerals exploration programs in the same region.
• Fission Uranium: Fission holds the Triple R Deposit at Patterson Lake South in the Western Athabasca Basin, one of the deposits adjacent to Stallion's land package. Both are junior uranium explorers focused on basement-hosted unconformity deposits.

Broad incumbents

• Cameco Corporation: Cameco is the world's largest publicly traded uranium producer and holds the Centennial deposit adjacent to Stallion's Amarillo Sky project. Cameco is a dominant incumbent across the Athabasca Basin and the broader uranium fuel cycle.
• Uranium Energy Corp: Uranium Energy Corp is a larger North American uranium producer and developer with ISR-focused assets in the U.S. It is comparable to Stallion as a uranium-focused public company, though with an established production profile.

Emerging players

• Standard Uranium: Standard Uranium is an early-stage uranium exploration company with Athabasca Basin and eastern Athabasca region projects. Comparable to Stallion as a junior with exploration-stage targets in the same uranium district.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds8 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stallion Uranium