Eagle Plains' Partner Xcite Uranium Receives Permits and Commences Fieldwork at the Uranium City Project, Saskatchewan

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Eagle Plains' Partner Xcite Uranium Receives Permits and Commences Fieldwork at the Uranium City Project, SaskatchewanCRANBROOK, BC / ACCESS Newswire / June 15, 2026 / Eagle Plains Resources Ltd. (TSX-V:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") is pleased to announce that partner Xcite Uranium Inc. (TSX-V:XRI) ("XRI or Xcite"), has approved the 2026 exploration plan and mobilized exploration crews to commence fieldwork at Eagle Plains' Uranium City Projects (the "Uranium City Projects"), northern Saskatchewan.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. The six projects comprising the Xcite option agreements cover 54 Saskatchewan Mineral Deposit Index (SMDI) occurrences and five past-producing uranium mines, and are 100% owned by Eagle Plains. The projects are prospective for Beaverlodge style, basement hosted and unconformity hosted uranium mineralization.Uranium City Projects 2026 Exploration ProgramThe 2026 field program will mark the first fieldwork carried out on the Uranium City projects since they were acquired by Eagle Plains. The focus of the program will be to identify targets for fall 2026 diamond drilling and will be a combination of ground based field surveys and airborne and ground geophysics. Ground surveys will include geological mapping/prospecting, scintillometer surveys, and soil geochemical surveys. This will be augmented with Lidar/photogrammetric and detailed magnetic drone surveys that will be used to guide field crews in near real time to locate historical workings and structures of interest. RadonEx has been contracted to carry out soil and water radon surveys over strategic structures identified from the recent EM and magnetic surveys, especially in areas of lower relief. Results from this survey will help prioritize detailed drill targets along geophysical lineaments of interest.Geophysical surveys will include airborne radiometrics, which should be highly effective given the high level of bedrock exposure in the Uranium City area. Ground based gravity will be used in conjunction with the VTEM + magnetic results to prioritize drill sites along inferred fault systems. This survey type is commonly used in uranium exploration to indirectly locate hydrothermal alteration cells that may have contributed to ...

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