Geiger Energy plans winter drill program at Hook

Executive Summary

• Geiger Energy Corp. announced a winter 2026 drill program at its Hook project in the Athabasca basin to test two major clay alteration systems (TT and TAB areas) identified in 2024, which show strong fertility and analogies to major deposits like Millennium.
• The company provided detailed geological highlights from 2024 drilling at Hook, including extensive clay alteration, elevated radioactivity (up to 890 cps), and high uranium and boron values in the TT and TAB areas.
• An update on the Aberdeen project in the Thelon basin noted the conclusion of the 2025 summer drill program (5,300m in 20 holes) with preliminary results expected in the fall, while reiterating the high-grade potential of existing discoveries like Tatiggaq and Qavvik.

Key Details

• Hook Project (Athabasca Basin) - Winter 2026 Plan:
  • Objective: Test two major alteration systems at TT and TAB areas to determine if alteration is related to significant uranium mineralization.
  • TT Area (5.5 km SW of Ackio):
    • Drill intersections (HK24-016, 017, 021, 022, 023) show clay alteration ranging from 30 to 145 metres thickness.
    • Features include Liesegang limonite banding and quartz stockwork.
    • Radioactivity up to 300 cps.
    • Uranium values up to 98.4 ppm in footwall pegmatite.
    • Pathfinders: Elevated boron (e.g., 183.9 ppm B over 126.3 m at 183.1 m in HK24-017).
  • TAB Area (6 km NE of Ackio):
    • Drill intersections (HK24-009, 010) show strong fracturing and hydrothermal alteration between 130 and 230 metres thickness.
    • Features include intermittent strong hematite and clay alteration.
    • Radioactivity up to 890 cps over 0.2 m.
    • Uranium values from 61.6 to 119.3 ppm in altered semipelite and pegmatite.
    • Pathfinders: Highly elevated boron (e.g., 489.0 ppm B over 35.3 m at 21.0 m in HK24-010).
• Aberdeen Project (Thelon Basin) - 2025 Summer Update:
  • Program concluded mid-September after completing just over 5,300 metres in 20 drill holes.
  • Target areas: Loki, Bjorn, Tarzan, and Lobster.
  • Results: Intersected zones of exceptional clay alteration in all areas and localized radioactivity.
  • Notable: First occurrence of elevated radioactivity at the Thelon sandstone-basement unconformity contact at Loki.
  • Status: Geochemical analyses underway; preliminary updates to be released in the fall.
• Existing Asset Context:
  • Tatiggaq (Aberdeen): Basement-hosted prospect, 300m strike length. Notable intercept: 2.25% U3O8 over 11.1 metres. Open for expansion over 1.5 km strike and depth.
  • Qavvik (Aberdeen): Basement-hosted prospect, 100x100m area, surface to 400m depth. Open for expansion over 500m area and at depth.
  • Ackio (Hook): Basement-hosted prospect, >375m strike, 150m width. At least nine distinct uranium pods from 28m to 300m depth. Open at depth and along strike.
• Company Land Position:
  • ~390,000 hectares in Athabasca basin (Saskatchewan).
  • 95,519 hectares in Thelon basin (Nunavut).

Notable Quotes

• "The clay alteration and elevated radioactivity at Hook are highly encouraging and warrant immediate follow-up. With proven fertility through the Ackio discovery, the project clearly has potential for additional uranium mineralization." — Dr. Rebecca Hunter, President and CEO
• "Geiger stands out with its large exploration land packages in two of Canada's most fertile uranium districts... This strategy enables Geiger to explore and deliver results year-round, creating continuous news flow and discovery potential across two premier uranium districts." — Dr. Rebecca Hunter, President and CEO