Generation Uranium Identifies 17 High-Priority Targets at Yath Uranium Project, Nunavut
Vancouver - Generation Uranium Inc. (TSXV: GEN) (OTCQB: GENRF) (FRA: W85) (the "Company" or "Generation") is pleased to report the delineation of seventeen high-priority exploration targets at its 100%-owned Yath Uranium Project in Nunavut. The new targets were identified through a comprehensive review and integration of historical exploration datasets, including geophysics, geochemistry, prospecting, and drilling conducted by previous operators. The Yath Project is strategically located within Nunavut's Angilak uranium district, one of Canada's most active emerging exploration camps. Generation's contiguous land position encompasses key portions of the Angilak trend, giving the Company direct exposure to fertile structural corridors, favourable lithologies, and proven mineralized trends that have historically delivered high-grade uranium discoveries.
Key Target Highlights
-
VGR Trend - a 5-kilometre mineralized corridor localized along a reactivated basement fault, characterized by pervasive alteration, sulphides, and radioactive structures traceable for more than 3 km.
-
Embryo Creek - historical grab samples assaying up to 9.81% U?O?, with associated copper, molybdenum, and silver, highlighting robust polymetallic potential.
-
Lucky Break - pitchblende and polymetallic sulphide mineralization recovered from shallow subcrop beneath till cover, located approximately 11 km from Lac Cinquante.
-
Additional zones - including Nest, BA-BB, Bog, IM-6, Boulder Lake, Amy's OC, and multiple satellite targets (see Table 1), each showing either significant radioactivity (often exceeding 10,000 cps) or surface assays supportive of uranium and polymetallic mineralization.
Chris Huggins, CEO of Generation Uranium, stated "the Yath Project provides direct leverage to one of Canada's most prospective uranium districts and that the identification of 17 robust target areas across the Company's land position underscores the potential for new discoveries in a proven uranium belt."
Geophysical Survey
As announced on August 22, 2024, Generation engaged Expert Geophysics Ltd. to complete a large-scale airborne Mobile MagnetoTellurics ("MMT") survey across the entire 123 km² Yath Uranium Project. The program comprised approximately 890 line-km at 150-metre spacing, collecting high-resolution magnetic, VLF, and EM data. The survey was conducted in collaboration with a neighbouring operator to achieve significant cost efficiencies.
The survey, now complete, represents a comprehensive geophysical dataset collected over Yath. Generation is currently reviewing its portion of the results, in combination with extensive historical exploration records, to refine and prioritize drill-ready targets. The Company expects to release its MMT interpretations in the near term as part of its ongoing work to advance the project toward discovery.
Qualified Person
Derrick Strickland, is non-independent a qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.
About Generation Uranium
Generation Uranium Inc. (TSXV: GEN) (OTCQB: GENRF) is a Canadian uranium exploration company advancing its 100%-owned Yath Uranium Project, strategically located in Nunavut's Angilak district, one of Canada's most active emerging uranium camps. With a robust pipeline of high-priority exploration targets and exposure to proven uranium-bearing corridors, Generation is well positioned to contribute to the future supply of clean nuclear energy.
For more information, please visit: www.generationuranium.com
FOR FURTHER INFORMATION CONTACT
Chris Huggins, CEO
Tel: +1-604-968-4844
Email: chris@generationuranium.com
Forward-Looking Statements
This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedarplus.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Copyright (c) 2025 TheNewswire - All rights reserved.
