Eagle Plains Resources Ltd. reports developments tied to its Canadian mineral exploration portfolio, including grassroots critical- and precious-metal properties in British Columbia and Saskatchewan. Recurring updates cover drilling, assay results, geophysical targeting, mineral tenure acquisitions, permitting and exploration agreements for projects such as Iron Range, George Lake, Pine Channel, Beaver River and Mount Polley West.
The company’s news also reflects its partnership model, with option partners funding or operating work on selected properties while Eagle Plains retains ownership interests, royalty exposure or project participation. Coverage includes gold, silver, lead, zinc, copper and uranium exploration themes, as well as net smelter royalty terms and collaboration frameworks with local and Indigenous communities.
Eagle Plains Resources (EGPLF) announced that partner Xcite Uranium has begun diamond drilling at its wholly owned Black Bay uranium project. The Saskatchewan program comprises 1,300 metres in six holes from five pads, targeting uranium mineralization identified through historical work and 2025–2026 exploration. Xcite has secured a second drill rig. The approved 2026 budget is approximately $1.1 million, including $125,000 in completed fieldwork and $975,000 allocated to drilling.
2026 trench samples returned up to 1.17% U3O8, the uranium oxide reported in assays; a mineralized float sample returned 7.37% U3O8. Xcite may earn an 80% interest in Black Bay and five other projects under four-year option agreements. Eagle Plains would retain a 20% interest carried until delivery of a bankable feasibility study, plus a 2% net smelter return royalty. Selective grab samples are not necessarily representative; historical results remain unverified.
Eagle Plains Resources (EGPLF) reported that partner Sun Summit Minerals (SMREF) completed its 2026 exploration program at the Theory copper-gold project.
Work identified copper minerals at Baguette Peak and the newly named Misty Mountain zone, where copper occurrences extend over 2.2 km. A ground survey found a chargeability anomaly spanning more than 500 meters beneath the Bev Zone on one survey line. Assays are pending for 218 rock grab samples and 533 soil samples. The results will be assessed to prioritize targets for 2027 drill testing. The program budget was approximately $700,000.
Sun Summit can earn 75% of Theory by paying Eagle Plains CA$255,000, issuing it 750,000 shares and spending CA$3,000,000 on exploration over four years. An additional CDN$1,000,000 payment could raise Sun Summit’s interest to 100%. Eagle Plains would receive a 2% royalty if either option is exercised.
Eagle Plains Resources (EGPLF) reported anomalous radioactivity at Lorado and the start of partner Xcite Uranium's Gulch drilling in Saskatchewan. Gulch's three-hole, 900-metre program has a $700,000 drilling allocation within an approximately $1.1 million 2026 budget. Two Gulch grab samples returned 1.6% and 3.75% U3O8; selective samples may not represent the property.
At Lorado, three holes were completed. Hole LO26003 included a 0.6-metre interval with a maximum gamma reading of 2,281 counts per second; LO26002 showed no significant anomalous radioactivity. Core assays are pending, and the reported intervals are downhole lengths rather than confirmed true thicknesses. Under existing options, Xcite can earn up to 80% in each of six projects by meeting exploration, share and cash commitments.
Eagle Plains Resources (EGPLF) and partner Xcite Uranium reported additional 2026 drill results from the Don Lake uranium project near Uranium City, Saskatchewan, where several holes intersected shallow zones of anomalous radioactivity.
The 1,106 m, 10‑hole program at the A, B and C Zones targeted structurally controlled uranium mineralization. New results include intervals such as 1.3 m averaging 2,898 cps in hole DN26005, 5.5 m averaging 2,656 cps in DN26006, 0.7 m averaging 10,403 cps in DN26008 and 0.6 m averaging 12,473 cps in DN26009, with earlier A Zone holes returning up to 1.9 m averaging 11,571 cps. True thicknesses are not yet known and geochemical assays are pending. The approved 2026 Don Lake budget is about C$1.1 million. Under existing option agreements, Xcite may earn up to an 80% interest in six Uranium City projects by funding C$19.2 million in exploration, issuing 4.5 million shares and paying C$330,000 in cash over four years.
Eagle Plains Resources (EGPLF)/b) and option partner Earthwise Minerals reported gold mineralization in all three holes from a 3‑hole, 1,182m 2026 drill program at the Iron Range Project’s Talon Zone in southeast British Columbia.Highlights include IR26055 with 60.5m grading 0.76 g/t Au within 84.5m at 0.60 g/t Au, including 1.0m at 6.62 g/t Au and 67.1 g/t Ag. IR26054 returned 24m at 0.73 g/t Au, including 0.5m at 11.75 g/t Au and 79.9 g/t Ag, while IR26053 yielded 15m at 0.53 g/t Au and 0.5m at 7.26 g/t Au and 49.9 g/t Ag. Drilling infilled historical high‑grade intercepts and suggests potential for multiple ore shoots within the broader Talon Zone.
Earthwise funds exploration under an option to earn up to 80% of the 20,021ha Iron Range Project by staged cash payments of up to CA$1.25M, issuing 1.5M shares, funding CA$4M in exploration over four years, and completing a bankable feasibility study for the additional 10% interest.
Eagle Plains Resources (OTCQB:EGPLF) reports that partner Xcite Uranium has commenced a 1,200m, 3‑hole diamond drill program at Eagle Plains’ 100%-owned Lorado uranium project near Uranium City, Saskatchewan. The 2026 Lorado budget is about $1.1M, with $225,000 in fieldwork completed and $875,000 allocated to drilling, managed by TerraLogic Exploration.
The drilling will test structurally controlled Beaverlodge-type and basement-hosted unconformity-style uranium targets defined by integrated geophysics, radon, and geochemistry. Under broader Uranium City option agreements, Xcite may earn up to 80% in six Eagle Plains projects by funding $19.2M in exploration, issuing 4.5M shares, and paying $330,000 cash, while Eagle Plains retains a 20% carried interest and a 2% NSR on each property.
Eagle Plains Resources (OTCQB:EGPLF) and Sun Summit Minerals (OTCQB:SMREF) have mobilized crews for the 2026 field season at the 6,595 ha Orbit copper-gold JV project in BC’s Toodoggone district, where Sun Summit holds 51% and Eagle Plains 49%, with Eagle Plains as operator.
The program will focus on expanding the Calypso Zone, defined in 2025 over 300 m with copper-gold-silver mineralization, and testing additional remote-sensing anomalies via mapping, prospecting and geochemical sampling. A formal JV agreement is planned by December 31, 2026.
Eagle Plains also reports TSX Venture conditional approval for an option agreement granting American Eagle Gold the right to earn up to 80% of the 4,656 ha Hearne Hill South copper-gold project through CA$400,000 in cash, 1.2 million shares, CA$4.85 million in exploration spending over six years, and a further CA$1 million payment for the additional 20%, while Eagle Plains retains a 2% smelter returns royalty.
Eagle Plains Resources (OTCQB:EGPLF) and partner Xcite Uranium reported that the first three holes of the 2026 drill program at the Don Lake uranium project in Saskatchewan intersected multiple near-surface intervals of anomalous radioactivity in gabbroic gneiss. Highlight intervals include 1.9m averaging 11,571 cps in DN26001, 1.1m averaging 23,923 cps in DN26002, and 1.2m averaging 10,320 cps in DN26003, with peak handheld readings up to 51,978 cps. All three holes were drilled in the A Zone, where historical trenching and shallow drilling have outlined uranium mineralization over roughly 213m of strike. The 2026 Don Lake program totals 1,500m in 14 holes, with an approved budget of about C$1.1 million. Under a broader Uranium City option, Xcite may earn up to an 80% interest in six projects by funding C$19.2 million in exploration, issuing 4.5 million shares, and paying C$330,000 in cash to Eagle Plains, which retains a 20% carried JV interest and a 2% NSR on each property.
Eagle Plains Resources (OTCQB:EGPLF) reports that partner Xcite Uranium (TSXV:XRI) has started a 1,500m, 14‑hole diamond drill program at Eagle Plains’ 100%-owned Don Lake uranium project near Uranium City, Saskatchewan. The 2026 Don Lake budget is approximately $1.1 million, including $200,000 in completed fieldwork and $900,000 allocated to drilling, managed by TerraLogic Exploration.
The program will test structurally controlled uranium targets at the Don and Midas areas, following soil geochemistry, radiometric and magnetic surveys, LiDAR and VTEM modelling that outlined multiple anomalies. Don Lake hosts 12 SMDI uranium occurrences, a past-producing mine and historically reported high‑grade U3O8 intercepts from trenches and shallow drilling.
Under an existing option, Xcite may earn up to an 80% interest in each of six Beaverlodge‑area uranium projects by funding $3.2M in exploration per project (aggregate $19.2M), issuing 4.5M shares and paying $330,000 in cash to Eagle Plains, which will retain a 2% NSR and a 20% carried JV interest upon earn‑in.
Eagle Plains Resources (OTCQB:EGPLF) reported 2026 field results from its 100%-owned Pine Channel gold property in Saskatchewan, where 55 rock samples returned up to 269 g/t Au, with thirteen samples over 1 g/t Au and three exceeding 100 g/t Au. High-grade grab samples were confirmed at multiple historical showings, including 269.0 g/t Au at the Pit/Vein 3 trench, 130.5 g/t Au at North Norite Bay, 118.0 g/t Au at Algold Bay, and multi-metal values at Thompson Island (7.46 g/t Au, 115 g/t Ag, 8.7% Pb, 3.1% Sb). The Pine Channel property comprises 32 mineral dispositions over 8,630 ha and is subject to a 2% NSR held by Summit Royalties, with a 1% buy-back to Eagle Plains. According to the company, current data interpretation is underway to define and prioritize drill targets. Eagle Plains also disclosed that Refined Energy elected to terminate its option agreement on the Dufferin uranium project, although recent drilling there showed U enrichment up to seven times background near the unconformity.