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 prepares for 10,000 m drill program at Aberdeen

BEEP · Price

Executive Summary

  • Geiger Energy Corp. is commencing a 10,000‑metre summer drill program at the Aberdeen project in Nunavut’s Thelon basin, targeting high‑grade unconformity‑related uranium mineralization at Loki and expanding the Tatiggaq discovery.
  • The program will begin in June 2026 and includes systematic step‑outs along a 4 km gravity anomaly, testing new 2024 showings (up to 0.79 % U₃O₈ over 0.1 m) and evaluating additional untested targets across the project.
  • Successful results could elevate the Thelon basin to a world‑class uranium district and potentially trigger a re‑rating of the region’s prospectivity.

Key Details

  • Drill Program Scope: 10,000 metres total planned for summer 2026; primary focus on Loki and Tatiggaq target areas.
  • Loki Target: First unconformity‑related uranium mineralization intersected in Thelon basin sandstone; extensive alteration analogous to Athabasca‑style systems. Step‑outs will follow a 4 km gravity anomaly, emphasizing structural controls.
  • Tatiggaq Target: High‑grade basement‑hosted uranium zone (two pods over ~300 m strike); open along strike (~1.5 km) and at depth. New 2024 showing of up to 0.79 % U₃O₈ over 0.1 m discovered north of the prospect; will be followed‑up with systematic drilling.
  • Exploration Objectives: Identify structural traps, alteration systems, and scale/continuity of mineralization to achieve first true high‑grade uranium intersections in the basin.
  • Logistics: Winter overland hauling organized immediately; snow‑tracked convoys transport fuel, drills, equipment from Baker Lake to Aberdeen Lake (2–3 days per convoy) during March‑May.
  • Project Context: Aberdeen hosts 50+ high‑priority targets with strong alteration and anomalous uranium; also includes flagship discoveries Tatiggaq and Qavvik.
  • Corporate Quote: “The objective of the program is clear… a serious rerating of the region is anticipated,” – Dr. Rebecca Hunter, President & CEO.

Notable Quotes

“The Thelon basin is the last major undeveloped high‑grade uranium play in the world… our strategy is to show further that the Thelon basin is the next major world uranium play through discovery and advancement of our known assets.” – Dr. Rebecca Hunter, President & CEO, Geiger Energy Corp.

Read the original news release →

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