Generation Uranium Inc. (TSXV: GEN, OTCQB: GENRF, FRA: W85) is advancing exploration planning for its 2026 field season by integrating results from a 2024 Mobile Magnetotellurics (MMT) survey and assessing artificial intelligence for target ranking. The Company awaits drill permit approval and is focused on refining historic targets to improve discovery success on the Yath Project.
In 2025, Generation received MMT survey results from Expert Geophysics, covering 810 line kilometers over approximately 120 km2 of the property. The survey targeted unconformity-style uranium systems by identifying graphitic conductor fault zones, hydrothermal alteration halos, and deep structural controls. Integration of conductive and resistive MMT corridors with historic mapping and sampling has significantly narrowed target footprints from hundreds of meters to tens of meters wide. Key targets including BOG, VGR, Embryo, FOX, and Lucky Break have been reoriented based on the data.
The Company continues to incorporate historic results, such as surface samples up to 9.8% U3O8 at the Embryo target and 1.0 m at 0.224% U3O8 from 25.5 m in drillhole BOG-8-80, to prioritize drill targets. CEO Michael Collins noted that the MMT data represents a major leap forward, validated by recent discoveries on the adjacent Angilak Project by Atha Energy (see Atha Energy press release).
Generation is also evaluating AI-driven geological service providers to enhance target ranking using the substantial historic and modern dataset. The uranium market outlook remains strong, with spot prices above US$100/lb and forecasts of a multi-year price spike toward US$200/lb according to a Shaw and Partners report. Structural supply deficits and rising demand from AI data centers and nuclear expansion support the need for new discoveries.
The Qualified Person for this release is Michael Collins, P.Geo., President, CEO and Director of Generation Uranium, who reviewed the technical information. The Company is positioned to shorten the discovery cycle at Yath while maximizing exploration dollars.
