TSX-V-listed Stallion Uranium has entered into a definitive purchase and sale agreement, granting Glorious Creation the right to acquire a 100% interest in its Eastern Basin projects, comprising seven mineral claims totalling 10 874 ha in Saskatchewan.
“We are excited to see our three Eastern Basin projects move into the hands of Glorious, while still being able to benefit from their success. These projects warrant, and will now receive, a committed uranium exploration program led by the strength of our technical and geological team. All three projects are located in the heart of the world-renowned Eastern Athabasca Basin and hold potential for a high-grade discovery,” stated CEO Drew Zimmerman.
It also allows Stallion to remain focused on progressing its projects in the Southwestern basin, where it holds the largest exploration land package, he added.