BRIEF

on Eagle Plains Resources Ltd. (CVE:EPL)

Geophysical Advancements at Beaver River Uranium Project

Eagle Plains Resources Ltd. and partner Xcite Uranium Inc. have announced promising initial geophysical results for the Beaver River Uranium Project in Saskatchewan. The data indicates strong correlations between areas of known uranium mineralization and trends of anomalous conductivity, suggesting a favorable structural environment. Advanced interpretation will help prioritize areas for summer fieldwork and drilling later this year.

In 2025, a VTEM Plus airborne survey expanded the Beaver River project by over 3,000 hectares. Historical assays at this site reveal uranium concentrations up to 29.89% U3O8 in trench samples, demonstrating significant mineralization potential.

The Beaver River project, situated 40km southeast of Uranium City, is under a formal Exploration Agreement with the Ya'thi Néné Lands and Resource Office. It offers promising prospects for both polymetallic and unconformity-related uranium mineralization.

R. P.

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