“We have a property called the Yath. It’s a uranium base project that’s in the middle of ATHA Energy’s (TSXV:SASK,OTCQB:SASKF) Angilak project,” Huggins said. “Our claims literally cover the top third of the ATHA properties, from left to right. There has been significant amounts of historic work done on the property and we’re excited to step things up a bit and get started and move forward toward discovery.”
The Yath project is adjacent to ATHA’s Lac 50 deposit, one of the most heavily monitored exploration zones in Northern Canada. Huggins believes investors have not yet appreciated the full potential of Generation’s land position.
“Investors are overlooking the potential because the company hasn’t really done a lot of work to communicate to investors what we have,” he said. “As things have improved, we’ve put some money in the bank. We’ve refocused the company and really looked at the work that’s been done historically.”
Following a recent oversubscribed private placement and an expansion of the Yath land package, the company is gearing up for fieldwork ahead of a planned 2026 Phase 1 programme.
“That money gives us the opportunity to … look at further geological work, a small field program,” Huggins said. “We need to get on the ground, really see what’s there … really focus on where to spend our exploration dollars.”
Watch the full interview with Generation Uranium CEO Chris Huggins above.
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