Generation Uranium Extends Consulting Agreement with APEX Geoscience for Yath Uranium Project

Generation Uranium Inc

VANCOUVER, British Columbia – July 11, 2024 – . (the “Company” or “Generation”), (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) is pleased to announce that it has entered into a second professional consulting agreement (the “Agreement”) with APEX Geoscience Ltd. (“APEX”) to provide geological consulting services with respect to the Yath Uranium Project (“Yath”) located in Nunavut, Canada. The Agreement expands the scope of work to be provided by APEX and announced by Generation on .

As part of the Agreement, APEX will create 2D GIS and 3D Micromine digital data compilations for Yath. This compilation will incorporate publicly filed Nunavut assessment report data specific to Yath and may expand to include digital data for surrounding areas, notably the historical LAC 50 trend*, where relevant data has been captured in assessment reports associated with current claims.

APEX will also examine multiple assessment reports filed from 2007 through 2016 documenting exploration activities primarily conducted by Kivalliq Energy Corporation, alongside earlier efforts by Noranda and Pan Ocean Oil Ltd. where previous drilling data, surface geochemical, DEM and available geophysical products will be analyzed to form a foundation for future drill target development in conjunction with 2D GIS.

The projected completion time for the phased work outlined above is approximately 30 days, with a proposed deadline of July 22, 2024.

“We are pleased to engage APEX Geoscience with follow-on consultation work,” stated Anthony Zelen, Generation CEO. “Their expertise in geophysical data analysis will greatly enhance our understanding of Yath and provide essential insights needed to prepare for our anticipated upcoming drill program in the months ahead.”

For additional information on Yath and other company assets, please visit our  and .

Derrick Strickland, P. Geo. (L5669), a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects), has reviewed the scientific information that forms the basis for this news release and has approved the disclosure herein.

*Mineralization on adjacent Properties or Projects may not necessarily be indicative of the mineralization on the Yath Project.


Anthony Zelen

President and Chief Executive Officer


About Generation Uranium

The Company is a natural resource company involved in the exploration and development of mineral properties. The Company holds a 100% interest in the Yath Uranium Project, located in the Territory of Nunavut.

Forward-Looking Statements

This news release includes certain forward-looking statements, which pertain to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

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