Northwire Canada EditionThursday, September 17, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4387.50 +1.3% SILVER 63.42 −0.7% COPPER 6.44 −0.0% OIL 102.43 −3.2% PALLADIUM 1285.50 −1.3% NIO 0.155 +3.3% REX 0.235 +0.0% PAAS 66.47 −1.4% WGF 0.190 +18.8% NAM 0.205 −2.4% EMO 0.360 +0.0% ATX 2.29 −1.7% WDO 33.24 −1.8% ETL 1.00 −1.0% LIF 25.64 +0.6% ZAC 0.055 −8.3% PML 1.57 +0.6% HHH 5.33 +1.8% AAZ 0.040 +14.3% GLO 0.710 +44.9% AUEN 0.240 −5.9% GOLD 4387.50 +1.3% SILVER 63.42 −0.7% COPPER 6.44 −0.0% OIL 102.43 −3.2% PALLADIUM 1285.50 −1.3% NIO 0.155 +3.3% REX 0.235 +0.0% PAAS 66.47 −1.4% WGF 0.190 +18.8% NAM 0.205 −2.4% EMO 0.360 +0.0% ATX 2.29 −1.7% WDO 33.24 −1.8% ETL 1.00 −1.0% LIF 25.64 +0.6% ZAC 0.055 −8.3% PML 1.57 +0.6% HHH 5.33 +1.8% AAZ 0.040 +14.3% GLO 0.710 +44.9% AUEN 0.240 −5.9%
Drill Results Neutral

Eagle Plains Reports Additional Results from Drilling at the Don Lake Uranium Project, Saskatchewan

Eagle Plains reports preliminary gamma hits at Don Lake, underscoring early-stage uranium exploration with no chemical assays yet.

By The Northwire Desk — AI Analysis Sep 17, 2026 · 04:00 EPL · 0.18 Eagle Plains Resources Ltd.
Executive Summary

Eagle Plains Resources Ltd. (EPL) and partner Xcite Uranium have announced initial drilling results from the 2026 program at the Don Lake Uranium Project in Saskatchewan. The ten-hole, 1,106-meter campaign intersected multiple intervals of anomalous radioactivity within the B, C, and A Zones.

These results rely entirely on downhole spectral gamma probe and handheld scintillometer measurements. Geochemical assays are pending, and true thicknesses cannot yet be determined. The 2026 budget for Don Lake is approximately $1.1 million, with $900,000 allocated for drilling.

Xcite maintains an option to earn up to an 80% interest by completing $3.2 million in exploration expenditures, issuing 750,000 shares, and making cash payments totaling $19.2 million.

Material Impact

Gamma probe readings provided preliminary indicators of radioactivity but do not constitute chemical assay results or resource definitions. Following the release, the stock traded between $0.18 and $0.19, suggesting the news was fully telegraphed and priced in. The update did not introduce new financial, operational, or strategic catalysts.

EPL · Price
Company Overview

Eagle Plains Resources Ltd. (EPL) operates as a project generator, acquiring and advancing early-stage mineral properties in Saskatchewan and British Columbia. Its portfolio includes uranium projects such as Don Lake, Dufferin, Beaver River, Black Bay, Gulch, Lorado, and Smitty; gold and base metal properties including Iron Range, Pine Channel, George Lake, and Bulldog; and copper-gold assets comprising Theory, Orbit, and Hearne Hill South. The company leverages in-house geological expertise through TerraLogic and partners with junior explorers who fund exploration in exchange for earn-in options.

Read the original news release →

More from Eagle Plains Resources Ltd.

Sep 02, 2026 · 07:00

Eagle Plains Iron Range results confirm continuity but lack near-term monetization, maintaining its project generator model.

Drill Results Sep 01, 2026 · 04:00

Eagle Plains continues exploration at its Lorado project, advancing drilling activities without triggering immediate financial or operational catalysts.

Drill Results Aug 27, 2026 · 07:00

Eagle Plains advances its Orbit joint venture and Hearne Hill option, maintaining its project generator model as planned.

Drill Results Aug 26, 2026 · 04:00

Eagle Plains reports radioactivity at Don Lake, a result that does not constitute a mineral discovery.

Drill Results Aug 20, 2026 · 04:00

Eagle Plains advances its uranium portfolio with partner-funded drilling, maintaining execution on schedule without new catalysts to re-rate the project.

Drill Results Aug 17, 2026 · 07:00

Eagle Plains reports high-grade grab samples at Pine Channel following the Dufferin option termination, with the project generator model remaining on track.

Drill Results