Stallion Discoveries Geophysical Survey in Interpretation Phase
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700-838 WEST HASTINGS ST
VANCOUVER, BRITISH COLUMBIA
V6C 0A6
Stallion Discoveries Geophysical Survey in Interpretation Phase
Vancouver, British Columbia, June 19, 2023 – Stallion Discoveries Corp. (the "Company" or "Stallion") (TSX-
V: STUD; OTCQB: STLNF; FSE: HM4) is pleased to announce that Geotech Ltd. (Geotech) has completed
processing the data from the VTEMTM Plus electromagnetic (EM) and magnetic survey that covered all of
Stallion’s 100% owned 78,831 hectares in the Athabasca Basin, Saskatchewan.
Stallion has engaged Condor North Consulting ULC (“Condor”) to interpret the survey data, as previously
announced on April 27th. Condor has now begun this interpretation work, which includes a full range of
services for processing, modeling, and analysis of geophysical data. The team has extensive experience in all
aspects of geophysics and works with clients to integrate geoscience data into a coherent project data set
from which sound exploration decisions can be based. Condor has significant expertise in the Athabasca Basin
and in uranium exploration. This technical continuity from data acquisition phase through to interpretation
ensures best data quality leading to the success of the geophysical compilation and targeting of high priority
zones and potential drill targets.
Stallion holds the largest contiguous land package in the western Athabasca Basin, when including its 100%
owned and optioned joint -venture land with Atha Energy. The Company is continuing to execute on its
exploration plans with a view to identifying target zones and high potential drill targets later this year.
Stallion has made the strategic decision to terminate the previously announced $4 million non -brokered
private placement financing.
Management has determined that the Company has a sufficient cash balance to fund the ongoing exploration
plans for its Athabasca Basin and Gold projects. “We recognize the transitory softness in the current market
environment and have concluded that the financing is not necessary at this time given our balance sheet.
We are focused on progressing our exploration plan and look forward to updating our investors on the results
of the geophysical survey in the weeks ahead,”stated Mr. Zimmerman, Stallion’s CEO.
About Stallion Discoveries
Stallion Discoveries is working to Fuel the Future with Uranium through the exploration of over 3,000 sq/km
in the Athabasca Basin, home to the largest high -grade uranium deposits in the world. The company holds
the largest contiguous project in the Western Athabasca Basin adjacent to multiple high -grade discovery
zones.
Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with
the capital markets experience and the technical talent for acquiring and exploring early-stage properties.
Stallion offers optionality with two gold projects in Idaho and Nevada that neighbour world class gold
deposits offering exposure to upside potential from district advancement with limited capital expenditures.
For more information visit Stalliondiscoveries.com or contact:
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Lisa Stewart
Investor Relations
(604) 341-8177
Drew Zimmerman
Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TS X
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian
securities legislation (collectively, “forward-looking statements”) that relate to the Company’s current expectations and
views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives,
assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will
likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”,
“intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be
forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results
or outcomes to differ materially from those expressed in such forward- looking statements. No assurance can be given
that these expectations will prove to be correct and such forward- looking statements included in this material change
report should not be unduly relied upon. These statements speak only as of the date they are made.
Forward-looking statements are based on a number of assumptions and are subject to a number of risks and
uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ
materially from those that are disclosed in or implied by such forward- looking statements. The Company undertakes no
obligation to update or revise any forward-looking statements, whether as a result of new information, future events or
otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the
Company to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination
of factors, may cause results to differ materially from those contained in any forward- looking statement. Any forward-
looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement.