Geiger Energy Launches 10,000-Metre Drilling on Loki & Tatiggaq High-Grade Uranium Targets
Geiger Energy launched preparations for a 10,000-metre summer drill program at the Aberdeen Project in Nunavut’s Thelon Basin, targeting Loki and Tatiggaq areas with extensive uranium alteration and a 4 km gravity anomaly. The program will vector toward structural traps, following prior results including 0.79% U3O8 over 0.1 m.
1. Drill Program Launches
Geiger Energy has mobilized winter overland hauling in March to deliver fuel, drills and consumables to its Aberdeen Lake camp ahead of a 10,000-metre summer drill program beginning in June. The program aims to vector toward high-grade uranium mineralization by testing key structural traps identified from a 4 km gravity anomaly.
2. Focus on Loki and Tatiggaq Prospects
At Loki, previous drilling intersected the first uranium at the unconformity within Thelon Formation sandstone alongside extensive Athabasca-style alteration, prompting step-out holes along the known gravity anomaly. At Tatiggaq, a high-grade basement-hosted system defined over a 300 m strike hosts pods open for expansion, highlighted by a 2024 intercept of 0.79% U3O8 over 0.1 m.
3. Regional Portfolio and Growth Potential
Geiger controls 95,519 ha in the Thelon Basin and 390,000 ha in Saskatchewan’s Athabasca Basin, with multiple prospects like Qavvik and ACKIO demonstrating near-surface uranium mineralization. The Aberdeen Project alone contains over 50 high-priority targets, and successful drilling could trigger a material re-rating of the company’s regional assets.