Eagle Plains and Xcite Provide Update on Beaver River Uranium Project

Eagle Plains Resources Ltd. and Xcite Resources Inc. have announced positive outcomes from their recent data compilation for the Beaver River uranium project in Saskatchewan. The project, notable for its near-surface high-grade uranium mineralization, has shown historical assay results with up to 29.89% U3O8 from trench samples and has identified a mineralized trend over one kilometer long. The data suggests potential for further exploration and development of polymetallic Beaverlodge-type uranium mineralization.

The Beaver River Project encompasses 1455 hectares and bears significant uranium mineralization documented by historical assays. Geophysical surveys conducted by Geotech in 2016 highlighted areas suggesting extensive mineralization, with follow-up work recommended. The results contribute not only to the planning of the 2024 fieldwork by Eagle Plains and Xcite but also demonstrate the project's continued potential for further discoveries aligned with historical data.