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Drill Results

Refined Energy Corp. and Eagle Plains Resources Ltd. Increase Dufferin Project Size in the Athabasca Basin

By The Northwire Desk — AI Analysis Nov 27, 2025 · 08:00 RUU · 0.42 Refined Energy Corp.
RUU · Price

Executive Summary

  • Refined Energy Corp. acquired an additional 529 ha for Dufferin West and 1,470 ha for Dufferin North, bringing the total Dufferin Project area to 14,800 ha.
  • The acquisition increases Refined’s option to obtain up‑to‑75% ownership of the Dufferin Project from Eagle Plains Resources Ltd. through cash payments, share issuances and funded exploration work.
  • A drill program is being planned for Q1 2026 to test for high‑grade uranium deposits in the expanded area.

Key Details

  • Acquired Land: 529 ha (Dufferin West) + 1,470 ha (Dufferin North).
  • Total Project Size: Now 14,800 ha covering two contiguous properties ~18 km from Cameco’s Centennial Deposit (historic VR‑031W3 hole: 8.78% U₃O₈ over 33.9 m).
  • Ownership Structure: Refined holds an option to increase its stake to up to 75% of the Dufferin Project; acquisition funded via a combination of cash, share issuances and future exploration expenditures per prior agreements (Feb 27 2024 & Aug 6 2025 releases).
  • Geology: Targets unconformity‑ and basement‑hosted uranium mineralization along NE‑SW trending faults; faulted basement contacts and reactivated structures identified as primary prospective zones.
  • Planned Exploration: Drill program slated for Q1 2026; details to be announced shortly.
  • Qualified Person: C.C. (Chuck) Downie, P.Geo., director of Eagle Plains, has reviewed and approved the scientific and technical disclosure under NI 43‑101.

Notable Quotes

“We are excited to further increase the size of the Dufferin Project… we intend to advance our interest there and embark upon exploration programs to test for high grade deposits that characterize the Athabasca Basin.” – Mark Fields, CEO

Read the original news release →

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Drill Results