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Mining & Metals
RBC Precious Metals Price Target Changes Brief: Bank Says Revised Estimates Reflect Updated Commodity Price Assumptions
RBC Precious Metals Price Target Changes Brief: Bank Says Revised Estimates Reflect Updated Commodity Price Assumptions
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Mining & Metals
Eagle Plains And Xcite Define Prospective Geophysical Trends at Beaver River Uranium Project, Saskatchewan
Eagle Plains Resources (EPL.V) with partner, Xcite Uranium (XRI.CN) provided initial geophysical results for its 4502 hectares Beaver River Uranium Project, on Wednesday.Strong correlations exist between areas of known uranium mineralization at the VIC and COMBINED zones with trends of anomalous conductivity, the companies said. The Calculated Vertical Gradient (CVG) of the magnetic data, collected simultaneously with the VTEM, also shows "strong" trends in proximity to known mineralization possibly indicative of a "favorable structural environment," the companies added.Advanced geophysical interpretation and modeling by Condor Consulting is nearing completion and will aid in prioritizing areas for summer fieldwork and targeting drill holes in third or fourth quarter of 2026, Wednesday's statement noted.Shares of Eagle Plains closed unchanged at $0.20 on Tuesday on the TSX Venture Exchange. Xcite Uranium shares closed up 14% to $0.16 on Tuesday on the Canadian Securities Exchange.
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Mining & Metals
E3 Lithium Names Tom Gear as Chief Operating Officer; Chief Development Officer Kevin Carroll to Retire
E3 Lithium (ETL.V) announced Wednesday the appointment of Tom Gear as chief operating officer, effective June 8, 2026, and the retirement of Kevin Carroll, chief development officer.Tom Gear is an energy executive with nearly three decades of experience spanning petroleum refining, major projects, commodity trading, commercial development, and large-scale oil sands operations, said the company.Most recently, he held the role of Senior Vice President Oilsands at MEG Energy. Prior to MEG Energy, Tom spent 24 years at Suncor and legacy Petro-Canada, including serving as Vice President, Environment, Health & Safety."A Governor General's Canadian Leadership Conference alumnus and former Board Chair of the Fort McMurray Chamber of Commerce, Tom brings national leadership perspective alongside deep operational expertise," said the company.Kevin Carroll's last day will be June 12, 2026, said the company and added that he will remain with the company in an advisory capacity during a transition period to ensure a "smooth handover" of responsibilities."After an extensive search, we are very pleased to welcome Tom to the executive team as Chief Operating Officer," said Chris Doornbos, Chief Executive Officer and Chair of E3. "His extensive experience leading large-scale industrial operations, driving organizational excellence, and developing high-performing teams will be invaluable as we move closer to construction and operations of the Clearwater Project. On behalf of the Board of Directors and the entire Company, I want to thank Kevin for his outstanding contributions. Kevin has played a key role in advancing the Clearwater Project and helping establish the strong technical and operational foundation from which we will grow."
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