Northwire Canada EditionTuesday, July 28, 2026
Northwire
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Drill Results

Geiger Extends Shallow Uranium Mineralization at ACKIO, Confirms Continuity at Hook Project, Saskatchewan

BEEP · Price

Executive Summary

  • Geiger Energy Corp. released initial results from the first two drill holes of its 2026 winter program at the ACKIO prospect (Hook Project, Athabasca Basin).
  • Hole AK26‑145 intersected a continuous 10‑metre mineralized interval from 52 m to 62 m downhole, including a higher‑intensity zone near 57 m with radiometric readings up to 1,000 cps.
  • The results confirm continuity between Pods 1 and 7, extend mineralization laterally, and indicate the system remains open along strike, supporting further expansion potential.

Key Details

  • Targeted Zones: Pods 1 and 7 within structurally controlled fault/alignment zones featuring brecciation, hematite, chlorite, sulphides, calc‑silicate and calc‑pelite rocks.
  • Hole AK26‑145: Intercepted mineralization from 52 m to 62 m depth; peak handheld scintillometer reading of ~1,000 cps at ~57 m.
  • Additional Findings: Further mineralized intervals observed near the northern extent of Pod 7; both holes intersected discrete fault and alteration zones with elevated radiometric responses.
  • Assay Status: Chemical assay results are pending; current data are based on handheld CT‑007 scintillometer measurements (indicative only).
  • Program Scope: 2026 winter program aims to test ~500 m of strike for additional zones, expand high‑grade intervals in Pods 1 & 7, and evaluate southern/eastern extensions along the broader structural corridor.
  • Overall Project Context: Approximately 800 m of drilling completed on the Hook Project to date; ACKIO prospect currently spans ~375 m strike length and ~150 m width with at least nine uranium pods from 28 m to ~300 m depth, remaining open in multiple directions.
  • Company Overview: Geiger controls ~390,000 ha in Saskatchewan’s Athabasca Basin and ~95,500 ha in Nunavut’s Thelon Basin; flagship Aberdeen Project hosts high‑grade Tatiggaq and Qavvik discoveries.

Notable Quotes

“ACKIO stands out because of its shallow nature. Uranium mineralization beginning this close to surface is uncommon… These results confirm continuity across multiple pods and support our interpretation of a broader mineralized system at ACKIO.” – Rebecca Hunter, President & CEO, Geiger Energy Corp.

Read the original news release →

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