Generation Uranium Advances Yath Uranium Project Exploration

Vancouver, British Columbia — April 16, 2026 — Leads & Copy — Generation Uranium Inc. (TSXV: GEN, OTCQB: GENRF, FRA: W85) is advancing target definition and exploration planning at its 100%-owned Yath Uranium Project in Nunavut, positioning the Company for a catalyst-rich 2026 drill program.

Following an extensive winter technical review, Generation has upgraded its exploration model through the integration of modern geophysics, historic datasets, and structural analysis.

A cornerstone of Generation’s strategy is the integration of the Expert Geophysics MobileMT (“MMT”) survey, flown in 2024, with discovery models successfully applied by neighboring operator Atha Energy at the adjacent Angilak Project.

Atha’s recent high-grade uranium discoveries and aggressive $63 million exploration program underscore the prospectivity of the district.

During its review, the Company identified a key gap in the 2024 MMT survey. Generation is in discussions with Expert Geophysics to complete this survey coverage in 2026, unlocking a previously untested portion of the property.

In parallel, the Company is advancing inversion modeling using historic datasets, including: AeroTEM (2008) TDEM, Fugro DIGHEM (2011) FDEM and Ground VLF surveys.

Generation has identified several compelling drill target areas across the Yath Project, including: VGR Trend, BOG Zone, Fog IM-6 Targets, Embryo, Lucky Break, MP-25 and Boulder Lake.

With a fully integrated targeting model, expanding geophysical coverage, and a growing inventory of high-quality targets, Generation is rapidly advancing toward its first-ever drill program at Yath.

The upcoming field season is expected to include targeted seismic surveys, structural reinterpretation, completion of MMT coverage and drill testing of priority zones.

CEO Michael Collins said the company is entering 2026 with a strengthened technical understanding of the Yath Project and a pipeline of compelling drill targets. Collins added that exploration success comes from refining the details, and the work completed to date gives them a high degree of confidence as they move toward their first drill program.

Historic exploration has already identified uranium mineralization within the broader district, including the LAC 50 and RIB deposits located south of Yath. Recent work by neighboring operators has further validated the significance of northeast-trending structures in controlling uranium mineralization.

Michael Collins, President, CEO and Director, a qualified person as defined by National Instrument 43-101, has reviewed the scientific information that forms the basis for this news release and has approved the disclosure herein.

Generation Uranium is a Canadian exploration company focused on advancing high-quality uranium assets. Its flagship Yath Project is strategically located in Nunavut’s Angilak district.

With a growing portfolio of high-priority targets and exposure to proven mineralized trends, Generation is positioned to contribute to the future global supply of clean nuclear energy.

Source: Generation Uranium