Generation Uranium CEO: Underexplored Thelon Basin Offers Major Discovery Upside

2026-03-11 15:50:00 ET

Generation Uranium (TSXV:GEN,OTCQB:GENRF,FWB:W85) CEO and Director Michael Collins highlighted the potential of the underexplored Thelon Basin in Nunavut, Canada, where the company’s 100 percent owned Yath project is located. The Thelon Basin is an unconformity basin recognized as similar to the Athabasca Basin in Saskatchewan, which hosts some of the world’s highest-grade uranium deposits.

Collins said discovery will be a key value driver in the current uranium market cycle.

“My whole thesis is that this cycle is going to be driven by the value (that) is going to be in discovery in the Athabasca, and in the Thelon and associated basins up in the territories," he said.

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