The deployment of Large Language Models (LLMs) and Vision Transformers (ViTs) on edge devices is significantly constrained by memory limitations and the critical timing bottlenecks introduced by dense Multiply-Accumulate (MAC) arrays. In the ultra-low bit regime, logarithmic Power-of-Two (PoT) quantization provides a hardware-efficient alternative by replacing MAC operations with bit-shifts. However, the non-uniform exponential lattice is inherently limited by a \textbf{Low Angular Resolution Regime}, a structural flaw that becomes particularly pronounced at sub-4-bit thresholds, leading to a notable degradation of high-dimensional feature manifolds. To address this geometric limitation, we propose Geometric Orthogonal Residual Projection Quantization (GoQuant), an algorithm-hardware co-design framework. By formulating quantization as a dual-basis geometric projection, GoQuant adaptively synthesizes a higher-resolution residual lattice using strictly shift-and-add operations. Furthermore, its analytical solver offers a practical alternative to computationally intensive gradient-based optimization, reducing the full-model calibration time for LLaMA-2-7B to approximately 15 minutes. Extensive evaluations demonstrate GoQuant's applicability across modalities and its hardware efficiency. Under the 3-bit (W3/A16) constraint, it achieves a perplexity of 6.10 on LLaMA-2-7B, comparing favorably to conventional MAC-intensive baselines like AWQ without relying on asymmetric scaling, while maintaining competitive accuracy in 4-bit scenarios. At the silicon level, standard-cell RTL synthesis at a 28nm node indicates that GoQuant effectively mitigates the timing bottlenecks associated with dense multiplier trees. By flattening the combinational logic depth, our parallel shift-and-add datapath reduces the critical path delay to 0.35 ns.