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Generation Uranium To Initiate Large-Scale Airborne Electromagnetic Survey in Conjunction With Atha Energy on its Flagship Yath Uranium Project in Nunavut, Canada
(TheNewswire) Vancouver, British Columbia, Canada – TheNewswire - August 22 ...
About this update from Generation Uranium Inc Class A
[{"type":"text","content":"Generation Uranium To Initiate Large-Scale Airborne Electromagnetic Survey in Conjunction With Atha Energy on its Flagship Yath Uranium Project in Nunavut, Canada\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, British Columbia, Canada\n–\n \n\n TheNewswire -\n \n\n August 22\n \n\n nd\n \n\n , 2024, Generation Uranium Inc.\n \n (the\n“Company” or “Generation”) (TSXV: GEN) (OTCQB: GENRF) (FSE:\nW85) is pleased to announce that it has engaged the services of Expert\nGeophysics Ltd., based out of Aurora, Ontario, to conduct an airborne\nelectromagnetic on its flagship Yath Uranium Project (“Yath”)\nlocated in Nunavut, Canada. The survey will use advanced Mobile\nMagnetoTellurics (“MMT”) geoelectrical mapping technology to\ncollect electromagnetic (EM) survey data with the most advanced\ngeneration of airborne AFMAG (Audio-frequency Magnetic) technology,\nbased on exploiting natural EM fields.\n \n\n A total of 890 line-km will be surveyed at 150-meter line spacing,\ncollecting high-resolution magnetic and VLF data. The survey will\ncover the entire 123.45 km² Yath Uranium Project surface area and is\npart of a larger survey being conducted by Atha Energy Corp\n(“Atha”). The collaboration is a mutually beneficial agreement\nbetween both companies to reduce exploration costs by way of\nproximity, with Yath located within several kilometers of the\ncommercial-scale uranium Angilak historical deposit* under advancement\nby Atha.\n \n\n\n\n\n\n\n \"We are pleased to have procured the services of Expert\nGeophysics to initiate some of the most advanced mapping technology\navailable in the industry,” said Generation CEO Anthony Zelen.\n“Our collaboration with Atha Energy makes sense by using economies\nof scale to deliver a cost-effective way to survey Yath and advance\nthe project towards the drill.”\n \n\n To date, over $6 million dollars has been apportioned to develop the\nYath property by Generation and previous property owners. Generation\nwill continue to evaluate the geophysical data from the upcoming\nsurvey to determine if there are additional high priority targets\nalongside those identified by Kivalliq Energy and previous operators.\n \n\n For additional information on Yath and other company assets, please\nvis...