Generation Uranium Integrates MMT Survey Data, Explores AI Targeting for Yath Project

Generation Uranium Inc. (TSXV: GEN, OTCQB: GENRF, FRA: W85) announced an update on exploration planning for the 2026 field season at its Yath Project in Nunavut’s Angilak district. As the company awaits drill permit approval, it is integrating results from the 2024 Mobile Magnetotellurics (MMT) survey and evaluating artificial intelligence as a target ranking tool to optimize discovery efforts.

The MMT survey, completed by Expert Geophysics in 2024-2025, covered approximately 120 km2 with 810 line kilometres. The survey targets unconformity-style uranium systems by identifying graphitic conductor fault zones, hydrothermal alteration halos, and deep structural controls. Integration of MMT data with historic mapping and sampling has significantly narrowed target footprints from hundreds of metres to tens of metres, improving understanding of structural orientations beneath overburden. Key targets including BOG, VGR, Embryo, FOX, and Lucky Break have been refined, revealing conductive and resistive trends oblique to earlier interpretations.

Historic results at the Yath Project include surface samples up to 9.8% U3O8 at the Embryo target and 1.0 m at 0.224% U3O8 from 25.5 m in drillhole BOG-8-80. The company is advancing these targets toward drill readiness. CEO Michael Collins noted that the MMT data represents a major leap for buried uranium targeting, similar to the approach validated by Atha Energy’s five new discoveries in 2025 on the adjacent Angilak Project. "Generation has a real opportunity to shorten the discovery cycle at Yath while maximizing exploration dollars and drilling effectiveness," Collins said.

To enhance target ranking, Generation has engaged several AI-driven geological service providers to evaluate which group is best suited for advanced target analysis. The company recognizes Yath as a target-rich project with substantial historic and modern data, and AI could improve discovery success.

The uranium market in 2026 continues to strengthen, with spot prices surpassing US$100/lb and long-term contract prices moving above spot. Demand is driven by AI-powered data centers and nuclear capacity expansion in China, India, and the United States. A comprehensive sector report by Shaw and Partners in February 2026 forecasts a potential multi-year price spike toward US$200/lb, citing tightening fuel contracting cycles, accelerating demand, and persistent supply shortfalls. Global nuclear capacity consumes about 180 million pounds of U3O8 annually, while mine production delivers only 150 Mlb. The World Nuclear Association’s reference scenario projects annual consumption could reach 390 Mlb by 2040. New mine supply requirements this decade could exceed 350 Mlb, with structural supply deficits surpassing 200 Mlb per year unless large-scale projects are brought online.

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 clean nuclear energy supply.