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$XRI.CN

3 stories mentioning XRI.CNUpdated 25m ago

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Mining & Metals

Xcite Uranium Defines Prospective Trends at Saskatchewan Uranium Projects

Xcite Uraniums (XRI.CN) on Thursday said initial geophysical results from a 2025 VTEM Plus airborne geophysical survey have defined prospective geophysical trends at the Don Lake and Smitty uranium projects in Saskatchewan.An additional high conductivity feature in the western part of the Smitty property, which is also prospective, will be evaluated during the summer 2026 field program, the company said.Advanced geophysical interpretation and modeling is nearing completion and will assist in prioritizing areas for summer fieldwork and targeting drill holes later this year.The Don Lake and Smitty uranium project host near surface uranium mineralization and past producing uranium mines.Xcite shares were last seen up $0.005 to $0.20 on the Canadian Securities Exchange.Price: $0.20, Change: $+0.01, Percent Change: +2.56%

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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

Xcite Uranium Expands Beaver River Project

Xcite Uranium (XRI.CN) has "accepted" two dispositions recently acquired by staking in the Uranium City area, northern Saskatchewan, the company said on Monday.The two dispositions fall within an Area of Mutual Interest (AMI) and as such, will become included in the Beaver River project, increasing the project size by 1469.7ha to a total of 4502.4ha, the company added, while noting the Beaver River uranium project located 40km SE of Uranium City, Saskatchewan, hosts near surface high grade uranium mineralization."Beaver River was one of the projects covered by a 2025 VTEM plus airborne geophysical survey carried out by Geotech Airborne Geophysical Surveys. "The survey results have been received and are being interpreted and modelled to identify addition target areas for 2026 fieldwork, leading to fall 2026 diamond drilling," the company said.Shares of the company were last seen unchanged at $0.16 on the Canadian Securities Exchange.

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