Geiger Commences Summer Drill Program on Aberdeen Project, Thelon Basin, Nunavut
Geiger Energy Corporation (BEEP) has commenced its 2026 summer drill program at the Aberdeen Project in the Thelon Basin, Nunavut, prioritizing two high-conviction uranium targets: Loki and Tatiggaq. The program aims to expand the high-grade, basement-hosted Tatiggaq discovery and test a 4 km gravity anomaly at Loki, which previously yielded a breakthrough intersection of uranium at the unconformity in 2025. The company controls a district-scale portfolio of 95,519 hectares in the Thelon Basin with over 50 high-priority targets, positioning itself to potentially develop the next major high-grade uranium district.
At the Loki target, approximately 10 drill holes are proposed to test a 4 km gravity anomaly. The primary focus is on 50 to 100 m step-outs to the north of hole TAT25-006, targeting an interpreted E-trending fault and its intersection with the sandstone unconformity. The objective is to chase highly-altered and uranium-enriched sandstone, with targeting to be modified based on results. Sub-parallel E-trending faults are also targeted if the northernmost fault does not yield encouraging results. This effort builds on a 2025 breakthrough intersecting uranium at the unconformity within Thelon Formation sandstone at less than 200 meters depth, alongside a large alteration footprint characteristic of Athabasca-style systems.
The focus at the Tatiggaq target has shifted from discovery to expansion, aiming to establish size, geometry, continuity, and broader potential of the mineralized system. Drilling will be systematic along the main ENE-trending Tatiggaq Fault to delineate additional pods to the northeast. Targeting focuses on deeper depths (~300 to 400 m) as the fertile trend is anticipated to plunge moderately. Additional holes are planned for sub-parallel faults with elevated radioactivity and favorable geochemistry, as well as tests below known mineralization pods depending on time and budget. Tatiggaq is a high-grade, basement-hosted discovery open over a 1.5 km strike length and at depth, located 5 km west of Orano's Andrew Lake Deposit.
If time and budget allow, priority drill testing is slated for Nymeria, Thor, Mammoth, and Qavvik for both sandstone-hosted and basement-hosted uranium mineralization systems. Geiger controls approximately 338,000 hectares in Saskatchewan's Athabasca Basin and 95,519 hectares in Nunavut's Thelon Basin. The Aberdeen Project hosts 50+ high-priority targets, many showing strong alteration and anomalous uranium from limited historical drilling. Athabasca Basin assets include the Hook Project, hosting the ACKIO near-surface uranium discovery (375m strike, 150m width, 9 distinct pods starting at 28m depth).
"Our objective is straightforward, to prove the Thelon Basin can host world-class high-grade uranium deposits. Last season at Loki gave us some of the strongest evidence yet that Athabasca-style systems exist here with uranium at the unconformity and a large alteration footprint to match. This summer we continue to press that discovery potential at Loki while concurrently advancing Tatiggaq, a high-grade discovery with room to expand. We control the premier exploration portfolio in the Thelon, and we intend to unlock what could become the world's next major uranium district," said Rebecca Hunter, President and CEO of Geiger Energy Corp.