On April 02, 2026, Stallion Uranium Corp. issued a statement concerning an event that occurred yesterday morning, April 1, 2026, at its Moonlite Project in Northern Saskatchewan. Two contracted workers were seriously injured while operating a surface drilling rig. The company describes the occurrence as an isolated incident and has emphasized support for the injured personnel and their families. Immediate medical attention was provided on site by the team and service providers, and additional assistance was arranged as required.
The announcement situates the event within the context of active exploration activities run by Stallion and its partners.
Table of Contents:
Initial response and operational pause
Following the incident, Stallion implemented precautionary measures, including a temporary suspension of all drilling operations at the Moonlite Project to allow a full review of events. The company stated it is working closely with local emergency services and government authorities to carry out a comprehensive investigation. Management highlighted that protecting people is the highest priority, and the operational stop is intended to create space for fact-finding, hazard assessment, and reinforcement of controls. The pause will remain in place until satisfactory safety verifications are completed and regulatory requirements are met.
On-site care and support
The on-site crew and support staff who responded were commended for their quick and professional actions that stabilized the injured contractors. Stallion acknowledged those efforts and noted that it is extending assistance to the affected workers’ families and colleagues. CEO and Director Matthew Schwab expressed the company’s sorrow and reaffirmed commitment to the wellbeing of both employees and contractors. The statement confirms ongoing liaison with medical services and indicates that further updates will be provided as appropriate while the company coordinates next steps with authorities.
Project context and company profile
Stallion Uranium operates in the Athabasca Basin region and is exploring approximately 1,700 sq/km of tenure, including the large contiguous land position in the western basin held in a JV with Atha Energy. The Moonlite Project is positioned near several high-grade discovery zones that have attracted industry attention. Stallion has highlighted the use of specialized tools such as the proprietary Haystack TI technology to guide its exploration program. The company frames its mission as contributing to future clean energy needs through responsible uranium exploration.
Exploration strategy and technology
Stallion emphasizes a methodical, technology-driven approach to target generation and follow-up drilling. The deployment of Haystack TI and other geophysical methods is intended to improve detection of high-priority targets while minimizing unnecessary disturbance. The company also notes a governance focus on safety protocols, contractor management, and environmental stewardship as part of its exploration workflow. While operations are paused at Moonlite, Stallion will review procedures to ensure risk controls align with both internal standards and external regulatory expectations.
Legal and regulatory statements
The news release contains the customary disclaimers regarding forward-looking statements under Canadian securities laws, noting that projections, plans, and expectations are subject to risks and uncertainties beyond the company’s control. Stallion cautions that actual outcomes may differ materially from those indicated in any forward-looking remarks and that it undertakes no obligation to update such statements except as required by law. The company also included the standard note that the TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of the release.
For further information, Stallion listed corporate contact details and invited stakeholders to consult its website. The body of facts reported here will be followed by additional communications as the investigation proceeds and as health updates for the injured contractors permit. The company reiterated its appreciation for the rapid response of on-site personnel and emergency services and reaffirmed that safety will guide future actions at the Moonlite Project.
