Northwire Canada EditionTuesday, November 3, 2026
Northwire
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
Drill Results Routine +

Eagle Plains' Partner Xcite Uranium Receives Permits and Commences Fieldwork at the Uranium City Project, Saskatchewan

EPL · Price

Executive Summary

  • Eagle Plains Resources announced that partner Xcite Uranium Inc. has approved and mobilized crews for the 2026 exploration program at its Uranium City Projects in northern Saskatchewan.
  • The $1.6M field program will utilize ground and airborne geophysics, geological mapping, and radon surveys to identify targets for fall 2026 diamond drilling.
  • Eagle Plains has secured all necessary permits from the Saskatchewan Ministry of Environment for the planned exploration activities.

Key Details

  • Partner Xcite Uranium Inc. approved the 2026 exploration plan and mobilized exploration crews to commence fieldwork.
  • Approved budget for the 2026 fieldwork: $1.6M.
  • Program focus: Identify targets for fall 2026 diamond drilling through a combination of ground-based field surveys and airborne/ground geophysics.
  • Ground surveys will include geological mapping/prospecting, scintillometer surveys, and soil geochemical surveys.
  • Augmented by Lidar/photogrammetric and detailed magnetic drone surveys to guide crews in near real-time to locate historical workings and structures of interest.
  • RadonEx contracted to conduct soil and water radon surveys over strategic structures to prioritize detailed drill targets along geophysical lineaments.
  • Geophysical surveys include airborne radiometrics and ground-based gravity, used in conjunction with VTEM + magnetic results to prioritize drill sites along inferred fault systems and locate hydrothermal alteration cells.
  • Work will be completed by TerraLogic Exploration under the supervision of Jarrod Brown, MSc., VP TerraLogic, based out of Uranium City.
  • Eagle Plains serves as operator for the project.
  • Permits received from the Saskatchewan Ministry of Environment for exploration activities including temporary work camps, diamond drilling, access trail clearing, field prospecting, and geophysics with line cutting.
  • Projects covered by the Xcite option agreements: Gulch, Lorado, Beaver River, Black Bay, Don Lake, and Smitty (covering 54 Saskatchewan Mineral Deposit Index occurrences and five past-producing uranium mines, 100% owned by Eagle Plains).
  • Historical context: Beaverlodge District historic production of ~70.25 million pounds of U3O8 between 1950-1982, with ore grades averaging 0.23% U3O8.
  • Projects are prospective for Beaverlodge-style, basement-hosted, and unconformity-hosted uranium mineralization.
  • Formal Exploration Agreement exists with the Ya'thi Néné Lands and Resource Office (YNLR) representing the Athabasca Denesułiné First Nations and local northern communities.
  • Technical disclosure reviewed and approved by Qualified Person Charles C. Downie, P.Geo., a director of Eagle Plains.
Read the original news release →

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