Xcite Uranium (CSE:XRI, OTC:XRIUF) reported initial geophysical results from a 2025 VTEM Plus survey over its Don Lake (1,671 ha) and Smitty (2,384 ha) uranium projects near Uranium City, Saskatchewan.
Advanced modeling will guide summer 2026 fieldwork and Q3/Q4 2026 drill targeting. Historical drilling returned intervals up to 10.7% U3O8 over 0.3 m at Don Lake and 3.2% U3O8 over 0.37 m at Smitty. The projects fall under an Exploration Agreement with Eagle Plains and regional Indigenous and local communities.
Xcite Uranium (XRIUF) approved its 2026 exploration plan and mobilized crews for first fieldwork on the Uranium City projects in northern Saskatchewan. The program targets fall 2026 diamond drilling locations using geological mapping, geophysics, and radon surveys, with an approved $1.6M budget.
Permits from Saskatchewan’s Ministry of Environment cover camps, drilling, access trails, prospecting, and geophysics. The projects are operated under an Exploration Agreement with Eagle Plains and the Ya'thi Néné Lands and Resource Office.
Xcite Uranium (CSE:XRI, OTC:XRIUF) reported initial geophysical interpretation from its 2025 VTEM Plus airborne survey over the Black Bay, Lorado and Gulch uranium projects near Uranium City.
The data define key conductive and magnetic trends, including the regional Black Bay Fault, to prioritize 2026 fieldwork and drill targeting.
Project highlights reference historical high-grade U3O8 grab samples, past-producing uranium mines, and multiple SMDI uranium occurrences. According to Xcite, these historical results are unverified and not necessarily representative, but guide ongoing exploration under an Exploration Agreement with local Indigenous and northern communities.
Xcite Uranium (CSE:XRI, OTC:XRIUF) signed a consulting agreement with Switzerland-based Westmount Capital for European investor relations services. The term runs from June 4, 2026 to August 31, 2027, with automatic 12‑month renewals unless terminated with three months’ notice.
Xcite will pay 6,000 Swiss Francs (≈C$10,550) per month and has granted 400,000 stock options to Westmount’s principal at an exercise price of $0.19 for two years, vesting in four equal quarterly tranches.
Xcite Uranium (OTC:XRIUF) reported initial geophysical results from its 4,502 ha Beaver River Uranium Project in Saskatchewan. Anomalous conductivity trends show strong correlation with known mineralization at the VIC and COMBINED zones, while magnetic tilt-derivative trends suggest a favorable structural setting.
According to Xcite, advanced interpretation by Condor Consulting is nearing completion and will guide 2026 summer fieldwork and drill targeting. Historical work includes trench assays up to 29.89% U3O8 and drill intercepts such as 0.18% U3O8 over 0.3m, with the VIC trend extending over 1 km.
Xcite Uranium (CSE: XRI / OTC: XRIUF) accepted two dispositions by staking in the Uranium City area, adding 1,469.7 ha to the Beaver River project for a new total of 4,502.4 ha. The Beaver River area hosts near-surface, high-grade uranium occurrences and a recognized mineralized trend >1 km.
A 2025 VTEM+ airborne survey was completed; results are being modelled to guide additional 2026 fieldwork and planned diamond drilling in fall 2026.