Eagle Plains Resources Ltd. has intersected multiple zones of anomalous radioactivity in the first three diamond drill holes of its 2026 campaign at the Don Lake Uranium Project in northern Saskatchewan.

The initial three holes, completed in the Don Main A Zone as part of a planned 1,500-metre, 14-hole program, returned multiple intervals of elevated radioactivity hosted in gabbroic gneiss. Hole DN26001 intersected 1.9 metres averaging 11,571 counts per second from a downhole depth of 54.93 metres. Hole DN26002 returned 1.1 metres averaging 23,923 counts per second from 34.83 metres, while hole DN26003 intersected 1.2 metres averaging 10,320 counts per second from 38.53 metres. All measurements are reported as downhole meters, and true thicknesses have not yet been determined.

The 2026 drilling program follows a 1,500-metre campaign start announced on August 20, 2026, and is testing structurally controlled targets across the Don and Midas areas. The Don Lake property, located near Uranium City, hosts twelve Saskatchewan Mineral Deposit Index occurrences, including the past-producing Beta Gamma Mine and the Don Lake Uranium Deposit.

“Intersecting this level of near surface radioactivity in the first three holes of the 2026 drill program demonstrates the prospectivity and underexplored nature of the Don Lake Project specifically and the entire Beaverlodge district in general.”

— Chuck Downie, President and CEO of Eagle Plains

The approved 2026 budget for Don Lake is approximately $1.1 million, which includes $200,000 allocated for completed fieldwork and $900,000 earmarked for drilling managed by TerraLogic Exploration Inc.

Under an option agreement established in December 2023, Eagle Plains granted Xcite Uranium Inc. the exclusive right to earn up to an 80% interest in Don Lake and five other Uranium City projects. The agreement requires aggregate exploration expenditures of $19.2 million, the issuance of 4.5 million common shares, and $330,000 in cash payments.

Geochemical assays for the drill core samples from the current drilling program remain pending.

Read the full announcement: Eagle Plains Reports Anomalous Radioactivity from First Drillholes at the Don Lake Uranium Project, Saskatchewan