The AI Industry Drives Nuclear Power Resurgence to Meet Its Own Energy Needs

Disseminated on behalf of Generation Uranium Inc.

The world is on the cusp of an energy revolution.

In March, world leaders from 34 countries met in Brussels to make a landmark decision.

This wasn’t any old meeting.

It was the first International Nuclear Energy Summit in history .1

In our opinion, it’s going to send ripples through the markets for years to come.

In fact, their decision will completely change the global energy landscape forever.

By Belgian Presidency of the Council of the EU 2024 from Belgium – EU2024BE_240321_Nuclear Energy Summit_Brussels Expo_JNZT_0156, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=146640116

During this landmark meeting, these world leaders made one thing crystal clear: The world is facing an energy crisis and now is the time to act.

“Acknowledging nuclear’s necessity isn’t enough. It’s on political leaders to foster environments that encourage nuclear development. Without decisive action, the potential for nuclear to support the green transition could be lost.” – IAEA Director General Rafael Mariano Grossi

What prompted this first-ever summit?

It all started in December 2023 when the United Nations added nuclear energy in its “global inventory” of
essential climate protection technologies
that require urgent development.

Simply put, the world’s nations have recognized nuclear energy as a crucial part of the global energy transition.

As a result, leaders in Brussels committed to tripling the use of nuclear energy by 2050.2

This aggressive goal is expected to create a massive demand for uranium, creating exciting prospects for exploration companies like Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) which is strategically positioned in an emerging uranium hotspot.

Many investors are already aware of the Athabasca Basin in Saskatchewan which has long been the crown jewel of uranium exploration.

Known for its high-grade deposits and consistent discoveries, it’s a hotspot for investors and companies alike.

However, there’s another region in northern Canada that’s quietly gaining traction—the Thelon Basin and its sub-basins in Nunavut.

The Thelon Basin and its sub-basins, the Yathkyed and Angikuni basins, are not only emerging powerhouses quietly gaining traction, but we believe this region poised to even outshine the famed Athabasca Basin.

Larger than the Athabasca Basin and brimming with untapped potential, the Thelon Basin is a geologist’s dream and a golden opportunity for the market, hinting at hidden riches beneath the surface.

Extensive uranium showings have been documented across the Thelon Basin, meaning this untapped uranium jackpot is just waiting to be explored and developed.

Geologically, the Thelon Basin shares striking similarities with the Athabasca Basin. The formations that made Athabasca a uranium giant are also present in Thelon, suggesting equal or even greater potential.

While the Athabasca Basin keeps producing discoveries, the Thelon Basin is emerging as a new frontier.

With over 1 million hectares staked in 2023 alone,3 this region is only starting to reveal its secrets.

Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) already has a major edge, with over $5 million worth of historical exploration work previously conducted by a major at its 100% owned Yath Project and several highly prospective drill targets.

The Yath Project is a goldmine of exceptionally high-grade uranium, consistently revealing stunning uranium concentrations between 1% and 10% U3O8 (for reference, anything 1% or higher is considered high grade).

Imagine finding surface boulders with values like 9.81% U3O8, 3.95% U3O8, and 2.14% U3O8. These numbers highlight the massive potential waiting to be tapped.

These impressive historical findings aren’t just numbers on paper—they’re the foundation for Generation Uranium Inc.’s current exploration strategy. The company is determined to build on this legacy, aiming to uncover even more high-grade uranium.

The Yath Project is a treasure map waiting to be fully explored.

But before we dive into Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) and its epic project, we’re going to let you in on a little secret…

Find Out What Sets Generation Uranium’s High-Grade Yath Project Apart From The Competition! Click Here to Download the Corporate Presentation!

Booming AI Market is Hungry for Nuclear Power

Most people don’t realize how much energy is required to fuel advanced technologies, particularly AI.

AI technologies require vast, reliable electricity supplies, and nuclear power provides the stability needed.

Data centers are popping up everywhere, hungry for electricity.

Nuclear power guarantees the consistent energy AI data centers crave, which is why big tech giants like Microsoft co-founder Bill Gates, Amazon’s Jeff Bezos and OpenAI’s Sam Altman are already investing big into nuclear energy.4

According to Meta’s Mark Zuckerberg, energy will be the biggest bottleneck of the AI revolution because we will need nuclear power plants just to train AI models.5

Sam Altman sees nuclear energy as one of the best ways to solve the problem of growing demand for AI.6

“I don’t see a way for us to get there without nuclear,” – OpenAI CEO Sam Altman

TechCrunch Disrupt San Francisco 2019 – Day 2, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=83634369 JD Lasica from Pleasanton, CA, US, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons

Oklo is one of the nuclear startups supported by Sam Altman, the CEO of OpenAI, who sees AI and affordable, green energy as crucial for a future of abundance. Altman emphasized the importance of intelligence and energy in a 2021 CNBC interview after investing $375 million in Helion Energy, a nuclear fusion startup he chairs.

Microsoft agreed to purchase power from Helion starting in 2028. Oklo, also chaired by Altman, focuses on fission, which generates energy by splitting atoms, unlike fusion, which merges atomic nuclei.

As of April 2024, there are about 60 new nuclear reactors under construction, with a further 110 planned.7

Uranium is quickly becoming the proverbial picks-and-shovels play for AI enthusiasts.

And now smart investors are seeing uranium for what it is—a critical resource for the AI revolution.

This intersection of AI and nuclear energy is also creating an unprecedented opportunity for uranium producers like Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85).

It’s also an ideal time for uranium exploration, with prices quadrupling over the past few years.8

As a new player, Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) brings fresh energy and enormous potential to the uranium market. The company’s tight share structure ensures focused, efficient growth, maximizing value for investors.

The company has shown a remarkable ability to raise significant capital for their projects. This financial strength is crucial as they push forward with their ambitious exploration and development plans.

Generation Uranium Inc.’s (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) targeted drilling approach aims to maximize discovery success.

By focusing efforts on the most promising areas within the Yath Project, the company enhances its chances of significant finds.

In our opinion, Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) is a standout player in the surging uranium space, and it’s ready to unlock high-grade uranium supply for the demanding market.

The blend of strategic location, financial strength, and focused exploration makes Generation Uranium Inc. a standout player in the emerging uranium frontier of the Thelon Basin and the two sub-basins, the Yathkyed Basin and the Angikuni Basin.

Stay focused and buckle up as we uncover Generation Uranium Inc.’s (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) pivotal role ahead…

6 Compelling Reasons

Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) is Built to Power This Revolution

1

Strategic Positioning in the Thelon Basin: Generation Uranium Inc.‘s Yath Project is in the under-explored Thelon Basin, Nunavut, poised to become a significant uranium hotspot.

2

High-Grade Historical Results: Exceptional uranium deposits have been found at the Yath Project, including values like 9.81% U3O8, highlighting its potential.

3

Robust Financial Structure: Debt-free with a tight share structure, Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) is well-positioned for focused growth, enhancing investor value.

4

Experienced Leadership Team: Led by industry veterans with extensive uranium exploration and mining expertise at BHP, Collective Metals and C2C Metals. Add to that over 40 years of collective IR and public markets experience and it’s clear this team is well-prepared for success.

5

Significant Exploration Upside: Over $5 million in historical exploration including drilling, seismic surveys showing strong potential of unconformity-hosted mineralization at the Yath Project, enhancing discovery potential.

6

Alignment with Global Energy Trends: As global demand for uranium rises with the shift to nuclear power and powering AI data centers, Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) is strategically positioned to benefit.

Find Out What Sets Generation Uranium’s High-Grade Yath Project Apart From The Competition! Click Here to Download the Corporate Presentation!

Unlocking Canada’s Hidden Uranium Potential in the Thelon Basin & Sub-Basins

The Thelon Basin is rapidly gaining recognition as a major player in the uranium market.

This vast region in northern Canada is larger than the Athabasca Basin, offering even more room for exploration and discovery.

Extensive uranium showings have been documented, hinting at the significant potential lying beneath its surface.

Geologically, the Thelon Basin is similar in age, size, and geology to the Athabasca Basin,9 which is well known for its high-grade uranium deposits.

The buzz around the Thelon Basin is intensifying, with companies rapidly staking claims—over a million hectares were staked in 2023 alone.10 This rush highlights the region’s immense potential for uranium deposits.

ATHA Energy recently completed a C$64.7M merger with Latitude Uranium, underscoring the strategic importance of the Thelon Basin.11

The merged company now controls the Lac 50 deposit, boasting an impressive 43 million lbs of U3O8, illustrating the high stakes and potential rewards in the region.

Generation Uranium Inc.’s (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) Yath Project is strategically situated along the same trend as Latitude Uranium’s Lac 50 deposit.

The Yath project is also contiguous to ATHA Energy’s Angilak deposit, where it just started a 10,000 meter drill program.

This proximity to a major deposit emphasizes the immense potential of the Yath Project and highlights Generation Uranium Inc.’s prime positioning within the Thelon Basin.

Greenridge Exploration’s Nut Lake Project is also located next to ATHA’s Lac 50 deposit. However, Yath has delivered higher grades to date (9.81% U3O38 compared to Nut Lake’s 4.9% U3O38).12

This exceptional grade highlights Yath’s regionally superior potential for significant uranium discoveries within the Thelon Basin.

Adding to the competitive landscape, Forum Energy Metals holds significant ground in the Thelon Basin with its Aberdeen uranium project.13 Forum has made substantial

progress with its Tatiggaq and Ned targets, further solidifying the Thelon Basin’s reputation as a hotspot for uranium exploration.

Lexston Mining Corporation has also expanded its footprint in the Thelon Basin, acquiring multiple claims that bolster its exploration portfolio. Lexston’s projects, like Itza and Project 176, are located in highly prospective areas known for historical high-grade uranium occurrences and extensive geophysical anomalies.14

As interest and investment in the Thelon Basin grows, Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) is well-positioned to become a key player in this burgeoning chapter of uranium exploration.

Let’s look at how the company stacks up to its uranium peers in the market:

Despite owning 100% of the Yath Project, which boasts over $5 million worth of historical exploration work, remarkable uranium values, and several highly prospective drill targets, we believe that Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) could be one of the most undervalued projects in Canada, currently trading at a market cap of just under C$5.6 million.

Of course, this could all change very quickly once the company begins its maiden drill program and uncovers the project’s full potential.

But it’s not just the project that sets Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) apart. The company also has a systematic approach to exploration.

Generation Uranium Inc.’s targeted drilling plans are focused on known unconformities, increasing the chances of significant discoveries.

This methodical approach is backed by all the robust historical data, enhancing the project’s credibility and potential.21

Early-season drone multi-platform geophysical surveys are the first step. These modern techniques will refine current targets, ensuring that the most promising areas are prioritized for drilling.

Generation Uranium Inc.’s (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) data-driven approach means every exploration dollar is spent wisely, increasing the chances of significant discoveries.

Next up is the maiden drill program at Yath. This program will test high-potential targets identified through historical data and recent surveys.

By focusing on areas with known unconformities and high-grade surface mineralization, Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) aims to confirm and expand the existing resources at Yath.

As exploration advances, shareholders can expect a steady stream of updates. Each step of the work program brings Generation Uranium Inc. closer to unlocking the full potential of the Yath Project.

Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) is not just exploring—it’s on a mission to redefine the true possibilities in the Thelon Basin.

Rock-Solid Financial Foundation

Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) leadership has a lot of skin in the game too, with more than 80% owned by insiders and strategic investors.

This lean setup ensures that as Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) expands, the potential for significant shareholder returns increases substantially.

And it gets better. The company is financed for its ongoing work programs following a recent financing, and completely debt free. It doesn’t get much tidier than this, folks.

This solid financial foundation positions Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) perfectly to capitalize on the booming uranium market. It allows them to pursue exploration goals aggressively while maintaining financial stability.

Dynamic Leadership: Guiding the Path to Discovery

Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) is steered by a dynamic and experienced leadership team, each member bringing a wealth of expertise and dedication to the company’s mission. This team is poised to drive Generation Uranium Inc. to new heights in the exploration and development of high-grade uranium deposits.

Anthony Zelen – Chief Executive Officer
Zelen is a successful entrepreneur with over 27 years of experience in investor relations, public relations, and strategic marketing. He’s worked across various sectors, including technology, mining, and oil and gas. Zelen is also the Director of several publicly traded companies and co-founder of Blockchain Intelligence Group. His leadership and extensive network are instrumental in driving Generation Uranium Inc.’s strategic vision and operational success.

Marcy Kiesman CPA, CMA – Chief Financial Officer
Kiesman is a seasoned financial professional with over 15 years of experience in public markets. As a CPA and CMA, Kiesman brings a competitive edge in accounting, finance, and strategic planning. She serves on the boards of multiple publicly traded companies, leveraging her expertise to enhance Generation Uranium Inc.’s financial strategy and stability.

Chris Huggins – Director
Huggins, B.Sc. Honours Geology, has over 25 years of experience in the mining, technology, and capital equipment industries. His early career as a regional exploration geologist for Homestake laid a strong foundation for his extensive work in innovative capital equipment and financial solutions for mining operations. Currently CEO of Collective Metals Inc. and C2C Metals Corp., Huggins’s diverse experience and leadership are invaluable assets to Generation Uranium Inc..

Dallas Miller – Director
Miller has been active in the international mining industry since 2010, with extensive experience in Australia and Papua New Guinea. Working with industry giants like BHP and Santos Ltd., Dallas has a deep understanding of the operational and financial aspects of mining. He’s played a crucial role in raising capital for private and public companies and is a prominent member of numerous public company boards.

RECAP: 6 Key Reasons

Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) is Set to Drive the Future

1

Prime Location in Thelon Basin: The Yath Project is located in the heart of Nunavut’s under-explored Thelon Basin, an emerging uranium hotspot with vast potential, and is contiguous to ATHA Energy’s Angilak deposit, which is undergoing a 10km drill program.

2

Exceptional Past Discoveries: Historical exploration at the Yath Project has unveiled high-grade uranium deposits, including remarkable values such as 9.81% U3O8, underscoring its significant promise.

3

Strong Financial Health: With no debt and a tight share structure, Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) is set for focused and sustainable growth, maximizing value for investors.

4

Veteran Leadership: The company is navigated by seasoned industry professionals with deep expertise in uranium exploration and mining, positioning it for successful project execution.

5

Extensive Exploration Potential: The Yath Project benefits from over $5 million of previous exploration including drilling, seismic surveys, etc, highlighting numerous high-potential drill targets that enhance its discovery prospects.

6

Aligned with Energy Trends: As the world shifts towards nuclear power to meet rising energy demands including powering AI data centers, Generation Uranium Inc. is well positioned to capitalize on the increasing need for uranium.

It’s not every day you come across a uranium company with such immense potential, making Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) a compelling opportunity worth watching closely.

With a team of industry veterans, a strategic position in the promising Thelon Basin, and a robust financial foundation, Generation Uranium Inc. could become a major player in the uranium supply race.

As they embark on their maiden drill program, one significant hit could drastically change the company’s outlook. We recommend investors conduct thorough due diligence and add Generation Uranium Inc. (TSXV:GEN) (OTCQB:GENRF) (FRA:W85) to their watchlist for any upcoming news announcements.

Stay updated on this company’s groundbreaking progress.

Find Out What Sets Generation Uranium’s High-Grade Yath Project Apart From The Competition! Click Here to Download the Corporate Presentation!

Disclaimer

Get Money
Saving Tips

Learn how to save and make more money with our exclusive tips and insights that we only share with our private newsletter subscribers.

Privacy Policy