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Stallion Gold Corp. has signed a definitive agreement to acquire Hathor Exploration Ltd., encompassing 17 mineral claims over approximately 49,558 hectares in the Athabasca Basin, known for high-grade uranium deposits. The acquisition more than doubles Stallion’s footprint to 78,831 hectares, with one continuous block of 35,875 hectares strategically adjacent to Fission 3.0’s PLN project. The total consideration for the transaction is $400,000, subject to necessary approvals. This strategic acquisition aims to enhance Stallion's exploration capabilities in a key area for uranium discovery.
Stallion Gold Corp. (OTCQB: SLLGF) reports ongoing exploration at its Horse Heaven Project, focusing on the Golden Gate Shear Zone. The 2022 field season includes structural mapping, CSAMT geophysical surveys, and permitting for drilling activities. Initial findings reveal multiple fault-bounded zones with mineralization. The project is key to identifying gold and tungsten resources, with future exploration planned for antimony on Antimony Ridge. This aligns with recent U.S. initiatives to boost domestic production of critical minerals. Permitting for drilling is also in progress.
Stallion Gold Corp. (TSX-V: STUD) (OTCQB: SLLGF) has entered an earn-in option agreement to acquire 100% interest in the Richmond Mountain gold project from Bronco Creek Exploration Inc. The project, located in Nevada's Eureka district, consists of 117 unpatented lode mining claims covering 9.6 square kilometers. Stallion can earn 100% interest by making $500,000 in payments and completing $1.5 million in exploration expenditures over five years. Upon completion, EMX will retain a 4% NSR royalty, which can be reduced through buyback options.
Stallion Gold Corp. (OTCQB: SLLGF) announced that its shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the U.S. This DTC eligibility is expected to streamline the trading process and enhance liquidity for its common shares. Stallion Gold is actively exploring precious metals and critical minerals at its Horse Heaven Gold Property in Idaho, utilizing advanced exploration techniques to identify promising targets.
Stallion Gold Corp. has successfully listed its common shares on the OTCQB, now trading under the symbol SLLGF, effective March 17, 2022. This listing enhances visibility and access for U.S. investors, ensuring a better trading experience through improved transparency and information flow. The company is also nearing DTC eligibility, which would facilitate electronic trading and increase liquidity. Stallion Gold focuses on precious metals and critical minerals exploration at its Horse Heaven Gold Property in Idaho.
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