Geiger Energy (TSXV:BEEP) - Strategic Merger Positions Dual-Basin Uranium Explorer Across Canada

Interview with Rebecca Hunter, CEO of Geiger Energy

Recording date: 26th September 2025

Geiger Energy represents a significant consolidation in Canada's uranium exploration sector, formed through the merger of Baslode Energy and Forum Energy Metals in 2025. The combined entity positions itself across two premier uranium districts: Nunavut's Thelon Basin and Saskatchewan's Athabasca Basin analog, creating a year-round exploration platform under experienced leadership.

Rebecca Hunter, the company's President and CEO, brings 11 years of Cameco Corporation experience to the role, including direct involvement with the Thelon project during the pre-Fukushima uranium cycle. Her institutional knowledge proves critical as Geiger advances its flagship Aberdeen project, which encompasses 50+ targets adjacent to Orano's 133 million pound uranium deposit.

The recent Loki discovery marks a watershed moment for Thelon Basin exploration. "What's exciting about the Loki deposit is that it has sandstone. This year we drilled it and found even more elevated uranium in the sandstone and mineralization at the unconformity," Hunter explains. This represents the first evidence of unconformity-style mineralization in a region historically dominated by basement-hosted deposits, potentially validating the basin's capacity to host world-class uranium systems similar to Saskatchewan's MacArthur River and Cigar Lake mines.

Geiger's dual-basin strategy leverages complementary seasonal operating windows. Aberdeen operations run during Nunavut's four-month summer season, while the Hook-ACKIO project in Saskatchewan enables winter drilling programs. This approach maximizes capital efficiency and maintains continuous news flow for investors.

The company emerges with robust financial backing, maintaining approximately $6 million in working capital following Baslode's $10 million contribution and an additional $6 million raise. This positions Geiger to execute sustained exploration programs across both flagship assets while maintaining operational flexibility in volatile uranium markets.

Hunter emphasizes the strategic focus: "You want to pick one or two really good projects that have that capability. For us, the Aberdeen project is that. We've got a whole district basically to ourselves with really good ground where we think that we could find one of these high-tonnage, high-grade discoveries."

View Geiger Energy's company profile: https://www.cruxinvestor.com/companies/geiger-energy

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