Xcite Uranium Launches Drilling at Lorado Project in Saskatchewan

Eagle Plains Resources Ltd., partnered with Xcite Uranium Inc., has initiated a 1200m diamond drilling program at the Lorado Project, Saskatchewan. The initiative includes three drill holes targeting uranium mineralization identified through historical and recent explorations. Located 20 km south of Uranium City, the project encompasses the former Lorado uranium mine and features near-surface mineralization.

Granted in 2023, Xcite holds the exclusive right to earn a significant interest in six projects, all wholly owned by Eagle Plains. The 2026 budget for Lorado involves $1.1 million, with $875,000 allocated for drilling, managed by TerraLogic Exploration Inc.

The drilling will probe areas with electro-magnetic conductor anomalies and radon clusters. Efforts include analyzing approximately 8.2 km of EM anomalies. The ongoing collaboration with local parties highlights Eagle Plains' commitment to responsible exploration.