Final MMT Survey To Be Flown On Generation Uranium's Yath Project Kivalliq Region, Nunavut

Generation Uranium Inc. (GEN) announced that Expert Geophysics Ltd. will conduct a Mobile Magnetotellurics (MMT) survey over the central and western aspects of the Yath Project in July 2026. The survey aims to fill gaps in existing data and improve drill targeting by covering the "Central Gap Zone," which is important for understanding geological trends projecting northwest from the LAC 50 Uranium Deposit, and the "VGR-NORM trend" on the west side, an extensive deep-seated, clay-altered, and uranium-mineralized structure. The technical focus of the survey targets graphitic conductor fault zones, hydrothermal alteration halos, and deep structural controls to constrain targets from hundreds of meters to zones only tens of meters wide.

Michael Collins, CEO, stated: “Generation Uranium is pleased to see the final MMT package being flown through the middle and west side of the Yath Project. We view this as a critical piece of the puzzle that will illuminate how the North-East and North-West structures interact as they converge in the center of the Yath claims, and a better understanding of structures on the VGR clay altered zones. All in all, we are pleased with the way the exploration model and drill targeting is evolving this summer.”

The company also granted incentive stock options to officers and consultants to purchase up to 500,000 common shares at $0.08 per share, expiring June 30, 2028. Additionally, a correction was issued regarding a previous June 15, 2026 release, confirming the payment of an additional $1,500 and the issuance of 21,429 finder warrants at $0.12 per warrant. These warrants have a term of two years, expiring June 15, 2028, with a hold period of four months, expiring October 16, 2026.