Geiger Energy Commences Summer Drill Program on Aberdeen Project, Thelon Basin, Nunavut

About this update from Geiger Energy Corporation

Key Highlights Summer drilling underway: prioritizing Loki and Tatiggaq. Geiger's two highest-conviction uranium targets, both with confirmed fertile systems, extensive alteration, and uranium mineralization. Loki: ~10 holes testing a 4 km gravity anomaly, building on Geiger's 2025 breakthrough that intersected uranium at the unconformity in Thelon sandstone at under 200 m depth, alongside a large alteration footprint characteristic of major Athabasca-style systems. Tatiggaq: discovery to expansion: a high-grade, basement-hosted discovery that remains open over a 1.5 km strike length and at depth, with systematic step-out drilling targeting the main ENE-trending fault to grow size, geometry, and continuity. Validated address: Tatiggaq sits just 5 km west of Orano's Andrew Lake Deposit, anchoring Geiger in a proven basement-hosted uranium neighbourhood. District-scale optionality: 95,519 hectares in the Thelon and 50+ high-priority targets, many showing strong alteration and anomalous uranium from limited historical drilling, positioning Geiger to control what could become the next high-grade uranium district. Toronto, Ontario--(Newsfile Corp. - June 29, 2026) - Geiger Energy Corp. (TSXV: BEEP) (OTCQB: BSENF) ("Geiger") or the ("Company") is pleased that it has started its summer drill program on the Aberdeen Project, Thelon Basin, Nunavut. The 2026 program will prioritize the Loki and Tatiggaq targets, where drilling has confirmed the presence of fertile uranium systems, extensive alteration, and uranium mineralization (Figure 1). At Loki, Geiger made a breakthrough in 2025 by intersecting the first uranium mineralization at the unconformity within Thelon Formation sandstone at less than 200 metres depth, together with a large alteration footprint characteristic of major Athabasca-style uranium systems. At Tatiggaq, drilling continues to expand a high-grade basement-hosted uranium discovery with room for growth. The Company's exploration strategy is centered on testing the key structural pathways that controlled uranium-bearing fluids and produced the observed alteration and mineralization. The ultimate objective is to unlock the Thelon Basin's potential for a major high-grade uranium discovery. The Loki exploration is focused on making that game-changing new significant discovery. At Tatiggaq, the focus has shifted from discovery to expansion, ...

View stock analysis, news, and events for Geiger Energy Corporation