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Apollo uranium discovery extends with new drill hole showing elevated radioactivity closer to surface.

Market News
05 Oct 2026
Newsfile Corp
View Source
Bullish
Apollo uranium discovery extends with new drill hole showing elevated radioactivity closer to surface.

Geiger Energy's follow-up drill hole at the Apollo uranium discovery in Nunavut intersected 45 metres of elevated radioactivity starting at about 40 metres depth, closer to the surface than the initial hole. This confirms the uranium system extends along the Andrew Lake Fault, a major structural corridor also hosting the Fox discovery and Orano's Kiggavik Project. The results validate Geiger's exploration model and suggest a new uranium district with significant potential, with further drilling planned for 2027 to define the size and strength of the mineralized system.

Geiger Energy's uranium exploration update comes as a backdrop to the Basic Materials sector's activity on Pluang. For readers following this sector, here is Pluang's market snapshot as of Oct 05, 2026 17:11 WIB: out of 38 priced US stocks, 20 rose and 15 fell. Notable movers include Avient Corporation (AVNT) at USD 40.00 with a 1-day change of -2.84%, Aspen Aerogels Inc (ASPN) at USD 5.83 up 2.46%, and Sibanye Stillwater Ltd (SBSW) at USD 10.20 up 2.41%.

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