Geiger Energy Extends Apollo Uranium Discovery With Shallower Second Drill Hole in Nunavut

• Drill hole APL26-002 intersected 45 metres of elevated radioactivity from about 40 to 85 metres depth.
• The hole was drilled 100 metres southwest of the Apollo discovery hole, and its main zone begins at a shallower depth.
• The rock matches the altered fault zone seen at Geiger’s Fox discovery, interpreted as part of the Andrew Lake Fault.
• Fox and Apollo lie 10 kilometres apart along about 17 kilometres of the fault on Geiger’s ground.
• Assays from both discoveries are expected later this year, with drilling planned to resume in early June 2027.

Geiger Energy Corp. (TSXV: BEEP) is a Canada-based uranium exploration company holding about 338,000 hectares in Saskatchewan’s Athabasca Basin and 95,519 hectares in Nunavut’s Thelon Basin. Its flagship Aberdeen Project in the Thelon Basin contains the shallow Tatiggaq and Qavvik discoveries, which remain open in several directions, as well as more than 50 priority targets. In the Athabasca Basin, the company is exploring the Hook Project, which hosts the ACKIO discovery, made up of at least nine mineralised zones starting 28 metres below surface.

Second Apollo Hole Intersects Shallower Mineralisation

Geiger drilled APL26-002 100 metres southwest of the Apollo discovery hole, which was reported on September 14, 2026. The new hole intersected one main zone of elevated radioactivity over 45 metres, from about 40 to 85 metres depth. This zone begins at a shallower depth than in the discovery hole.

Radioactivity is measured in counts per second (cps), and the local background rock reads 40 to 50 cps. Most of the main zone read above 70 cps, with many sections above 100 cps and spot readings of up to 180 cps on the drill core. A gamma probe run down the hole recorded up to 402 cps, about eight times its background level, in the most broken and clay-rich part of the fault. Strong alteration and patches of elevated radioactivity continue to about 240 metres, and the hole ended at 313 metres.

Radioactivity readings indicate the presence of uranium but do not measure its grade, which is determined by laboratory assays. 

President and CEO Rebecca Hunter said:

“Our second hole at Apollo did exactly what we needed: it hit again, it hit shallower, and it showed the system continues.”

Apollo Shares the Same Fault Characteristics as Fox

The strongest radioactivity at Apollo occurs in breccia, rock broken apart by fault movement. This rock has been heavily altered to clay and stained red by hematite, an iron oxide mineral, and it also shows bleaching and fine sulphide minerals. Uranium appears to be spread finely through the hematite-rich breccia and along the contacts between clay and hematite.

This alteration overlies an older fault zone rich in quartz veins, similar to the one found at Fox. Both are interpreted as part of the Andrew Lake Fault, which extends from Orano’s Kiggavik Project onto Geiger’s Aberdeen Project. Orano reports a historical estimate for the Kiggavik deposits of about 127.3 million pounds of U₃O₈ (uranium oxide) in the Indicated category and 5.4 million pounds in the Inferred category. Geiger has not verified this estimate, and mineralisation at Kiggavik is not necessarily indicative of mineralisation at Aberdeen.

Geiger generated both the Fox and Apollo targets using the same combination of structural interpretation, gravity, magnetic and geological data. The company plans to test the footwall, the rock below the fault, at Apollo. Nearby mineralised systems such as Tatiggaq and Qavvik tend to occur on the northwest side of these major faults.

Two Discoveries on a 17-Kilometre Fault Corridor

Fox and Apollo lie 10 kilometres apart along about 17 kilometres of the Andrew Lake Fault on Geiger’s ground. Neither target had been drilled before, and both returned uranium mineralisation in their first drill holes. At Fox, the third hole returned high-grade radioactivity, as reported on September 21, 2026.

Apollo was defined by three gravity anomalies, which are areas where the density of the rock differs from its surroundings. Only one of these anomalies has been drilled so far, and more than 50 targets remain across Aberdeen. 

President and CEO Rebecca Hunter said:

“Fox and Apollo sit ten kilometres apart on the same fault that extends onto Orano’s Kiggavik Project, and we have drilled only a small piece of it.”

Geiger’s stated objective is to demonstrate the potential of the Thelon Basin, which the company describes as less explored than other uranium regions, with shallower targets that cost less to test individually. Orano’s Kiggavik Project is located within the same basin.

Milestones and Next Steps

Assay results from Fox and Apollo are expected later this year and will provide the first uranium grades from both discoveries. The next drill programme, planned for early June 2027, will aim to define the size of both systems, test the two undrilled Apollo gravity anomalies, and drill additional targets along the Andrew Lake Fault and across the Aberdeen Project.

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