The U92 projects included 6 mineral claims totaling 29,273 hectares held in the prolific
The
With the combined acquisitions Stallion now holds 23 minerals claims covering 78,831 hectares in strategic locations throughout the
Figure 1
The Company will be evaluating and prioritizing a work program commencing on the claims during Q1-23 and will provide additional updates in the coming weeks.
Transaction Terms
In consideration of the acquisition of all outstanding shares in U92, the Company paid the shareholders of U92 the sum of
In consideration of the acquisition of all outstanding shares in Hathor, the Company paid the shareholders of Hathor the sum of
Further, in consideration of introducing the Hathor transaction, the Company has paid
About Stallion Discoveries
Stallion Discoveries is an exploration company bred to pursue the exploration of large, underexplored land packages in the best jurisdictions next to world class projects with a singular focus of making significant discoveries. Stallion is using modern exploration techniques to explore historical and new mineral targets on its expansive land packages in
For more information visit Stalliondiscoveries.com
For further information contact:
Chief Executive Officer
(778) 686-0973
Neither the
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c0f5b96d-38ed-4e07-b673-6765994d121a
The Athabasca Basin
Stallion Discoveries 8 Athabasca Basin Projects
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