TSXV:EPL - Post Discussion
Post by
Betteryear2 on Feb 15, 2024 7:45pm
Eagle Plains and Xcite Expand Uranium City Uranium Projects
CRANBROOK, BC / ACCESSWIRE / February 15, 2024 / Eagle Plains Resources Ltd. (TSXV:EPL) ("EPL" or "Eagle Plains") has offered to Xcite Resources Inc. (TSXV:"XRI") ("XRI or Xcite"), and Xcite has accepted, two dispositions recently acquired by staking in the Uranium City area, northern Saskatchewan. The two dispositions fall within an Area of Mutual Interest ("AMI") and as such, will become included in the Gulch and Larado projects respectively. The Larado project has been increased by 398 ha (643 ha total) and Gulch has increased by 311 ha (1996 ha total). In December 2023 Eagle Plains granted Xcite the exclusive right to earn up to an 80% interest in the Gulch, Lorado, Beaver River, Black Bay, Don Lake, and Smitty projects (see Dec 14 news release). The six projects comprising the Xcite option agreements cover 26 Saskatchewan Mineral Deposit Index (SMDI) occurrences and four past-producing uranium mines. Eagle Plains and Xcite Expand Uranium City Uranium Projects (accesswire.com)
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