Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Eagle Plains partner begins fieldwork at Uranium City

Eagle Plains advances its Uranium City portfolio with Xcite partner fieldwork, expanding exploration efforts at the project.

Executive Summary
  • Xcite Uranium has secured regulatory permits and mobilized crews to commence the 2026 exploration program at Eagle Plains' Uranium City projects in Saskatchewan.
  • The $1.6M field program will utilize airborne/ground geophysics, drone surveys, and radon mapping to identify targets for fall 2026 diamond drilling.
  • Xcite holds an option to earn up to an 80% interest in six projects by completing $3.2M in expenditures, issuing 4.5M shares, and paying $330k in cash, with Eagle Plains retaining a 2% NSR royalty.
  • This announcement follows prior releases detailing VTEM Plus survey results and permit applications, confirming the transition from data acquisition to ground-based fieldwork.
Material Impact
  • The news represents an expected operational milestone in a previously disclosed, partner-funded exploration program.
  • It does not constitute a material event such as a resource definition, major financing, or M&A.
  • The stock has traded in a tight $0.19–$0.22 range since early May, indicating the market has already priced in this exploration progress.
  • Rating: Routine - Positive. The announcement validates execution but carries no immediate financial or operational impact beyond continued dilution from option share issuances.
EPL · Price
Company Overview
  • Eagle Plains is a project generator and exploration services company.
  • Strategy: Acquire properties, advance them via third-party option agreements (funded by partners), and retain royalties/equity.
  • Key assets: Uranium City projects (SK), Theory Copper-Gold (BC), Iron Range Gold (BC), George Lake Zn-Pb (SK), Dufferin West Uranium (SK).
  • Operates TerraLogic Exploration for third-party drilling and consulting, which currently drives the majority of revenue.
Read the original news release →

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