Generation Uranium Expands Yath Project with Strategic Property Acquisition
(TheNewswire)
Vancouver, British Columbia – TheNewswire - October 2 8 , 2025 – Generation Uranium Inc.(TSXV: GEN, OTCQB: GENRF) (“Generation” or the “Company”)announces it has acquired the Yath Extension Property , a strategic expansionthat enhances the Company’s footprint in the Angilak UraniumDistrict of Nunavut.
On October 23, 2025, Generation Uranium entered into adefinitive purchase agreement with arm’s-length vendors to acquire100% ownership of the Yath Extension property. The acquisition adds 4,123.94 hectares across fiveclaims , increasing the total size of the YathProject to approximately 18,214.87 hectares.
Geological Highlights
The Yath Extension property is underlain by Archeanbasement rocks of the Kaminak Group, known to host uranium-coppermineralization within quartz-vein stockworks and brecciated zones.Historical mapping and sampling confirm the presence of narrow,high-grade mineralized shears and fractures, with sharp boundaries ofmineralization.
SC-13 Zone
Trench A: 5 meters averaging 0.82 lb/ton U?O?; peaksample SC13-A4 returned 0.188% U?O? , with zones of 80,000CPS
Trench B: 8.4 meters averaging 1.79 lb/ton U?O?;peak sample SC13-B3 returned 0.52% U?O?, with zones of 75,000CPS
Mineralization includes calcite, pitchblende, hematite,pyrite, and chalcopyriteA float sample exhibited 10.1% Na?O and0.26% U, indicating a distinct sodium-rich alterationsignature
PWR Area
Historical VLF conductors remain unexplained
Quartz-carbonate vein systems with brecciated hostrock, and moderate pyrite mineralization observed
Fox Lake
A float boulder sample showed the same sodiumalteration signature observed at SC-13 Zone, reinforcing explorationpotential
Strategic Significance
This acquisition strengthens Generation’s controlover key structural corridors extending across the Yath Basin andaligns with the Company’s objective to advance high-priorityexploration targets within a proven uranium district.
Chris Huggins, CEO of Generation Uranium commented:“This acquisition meaningfully expands our Yath Project and ourstrategic position within Nunavut’s uranium belt. The additionalhigh-value targets complement our existing portfolio and reinforce ourfocus on systematic exploration and discovery.”
Figure 1: Yath Extension claimshighlighted in red
Transaction Summary
Vendors will receive 20,000,000 common shares ofGeneration Uranium
A cash payment of $60,000 upon closing
A 2% Net Smelter Return (NSR) royalty will begranted
Completion remains subject to TSX Venture Exchangeapproval and applicable resale restrictions
Qualified Person
Derrick Strickland, is a non-independent and aqualified person as defined by National Instrument 43-101 (Standardsof Disclosure for Mineral Projects), has reviewed and approved thescientific and technical information contained in this news release.The qualified person has been unable to verify the information on theadjacent properties and the information disclosed is not necessarilyindicative of mineralization on the properties. Mineralization hostedon adjacent and/or nearby and/or geologically similar properties isnot necessarily indicative of mineralization hosted on thecompany's properties
For Further Information
Chris Huggins, Chief Executive Officer
+1-604-968-4844
admin@generationuranium.com
About Generation Uranium
Generation Uranium is a Canadian resource explorationcompany with a focus on Uranium. The Company is advancing its100-per-cent-owned Yath uranium project, strategically located inNunavut's Angilak district, one of Canada's most activeemerging uranium camps. With a robust pipeline of high-priorityexploration targets and exposure to proven uranium-bearing corridors,Generation is well positioned to contribute to the future supply ofclean nuclear energy.
REFERENCES
2011 Season Angilak Lake Property Prospecting SummaryPrepared for Kivalliq Energy Corp.Suite 1020-800 West Pender St.Vancouver, B.C. by Cameron Barker, Prospector Discovery Consultants201-2928 291h St. Vernon, B.C.
1978 Papish, N.Z., Tilsley, R.A., Sheppard, B. andCluff. G.R. Geological,Geophysical, Geochemical, Trenching andDiamond Drilling Report for Yathkyed Lake Area Claim Groups., NTS65-J-5, 6, 7, 10 and 11 . Noranda Exploration Company AssessmentReport, 41 p.
1977 Eaton, D.R. and Tilsley, R.A. Report on the 1977Yathkyed Diamond Drilling Program. Noranda Exploration CompanyAssessment Report, 16 p.
Forward-LookingStatements
This news release contains certainforward-looking statements, which relate to future events or futureperformance and reflect management’s current expectations andassumptions. Such forward-looking statements reflect management’scurrent beliefs and are based on assumptions made by and informationcurrently available to the Company. Readers are cautioned that theseforward-looking statements are neither promises nor guarantees, andare subject to risks and uncertainties that may cause future resultsto differ materially from those expected including, but not limitedto, market conditions, availability of financing, actual results ofthe Company’s exploration and other activities, environmental risks,future metal prices, operating risks, accidents, labor issues, delaysin obtaining governmental approvals and permits, and other risks inthe mining industry. All the forward-looking statements made in thisnews release are qualified by these cautionary statements and those inour continuous disclosure filings available on SEDAR+ atwww.sedarplus.com. These forward-looking statements are made as of thedate hereof and the Company does not assume any obligation to updateor revise them to reflect new events or circumstances save as requiredby applicable law.
Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release. The TSXVenture Exchange has neither approved nor disapproved of the contentsof this news release.
Copyright (c) 2025 TheNewswire - All rights reserved.
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