Generation Uranium Integrates MMT Survey Results to Refine Drill Targets, Eyes AI for Exploration Optimization

Generation Uranium Inc. (TSXV: GEN, OTCQB: GENRF, FRA: W85) is advancing its 2026 exploration program at the Yath Project in Nunavut by integrating results from a 2024 Mobile Magnetotellurics (MMT) survey with historic data, while also exploring artificial intelligence as a target optimization tool. The company is awaiting approval of its drill permit and preparing for the upcoming field season.

The MMT survey, conducted by Expert Geophysics, covered approximately 120 square kilometers with 810 line kilometers flown. The survey targeted graphitic conductor fault zones, hydrothermal alteration halos, and deep structural controls—key elements for unconformity-style uranium deposits. By integrating conductive and resistive MMT corridors with historic mapping and sampling, Generation has significantly narrowed the footprint of known targets. Targets previously defined at hundreds of meters can now be constrained to zones tens of meters wide. The MMT data has refined the interpreted orientation of key targets including BOG, VGR, Embryo, FOX, and Lucky Break, revealing oblique trends relative to earlier interpretations.

Historic results at the Yath Project include surface samples up to 9.8% U3O8 at the Embryo target and 1.0 meter at 0.224% U3O8 from 25.5 meters in drillhole BOG-8-80. The company continues to integrate the MMT dataset with these results to advance definition and prioritization of the most prospective drill targets for discovery.

Generation is also evaluating several AI-driven geological service providers to enhance target ranking and improve discovery success. CEO Michael Collins stated, “The MMT data represents a major leap forward for buried uranium targeting. This exploration concept has already been validated by Atha Energy’s five new discoveries in 2025 on their Angilak Project to the south. Generation has a real opportunity to shorten the discovery cycle at Yath while maximizing exploration dollars and drilling effectiveness.”

The uranium market in 2026 continues to strengthen, with spot prices surpassing US$100/lb early in the year. Demand growth is driven by rapid expansion of AI-powered data centers and increases in nuclear generation capacity in China, India, and the United States. A report by Shaw and Partners forecasts a potential multi-year uranium price spike toward US$200/lb, citing tightening fuel contracting cycles, accelerating nuclear demand, and persistent supply shortfalls. Global nuclear capacity consumes approximately 180 million pounds of U3O8 annually, while existing mine production delivers only about 150 million pounds. The World Nuclear Association projects annual uranium consumption could reach 390 million pounds by 2040.

Shaw and Partners’ modeling indicates new mine supply requirements this decade could exceed 350 million pounds, and structural supply deficits could surpass 200 million pounds per year in coming decades. This environment strengthens the outlook for exploration-stage companies in proven uranium districts. Generation Uranium is well positioned to make discoveries that contribute to future global supply of clean nuclear energy.

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