Eagle Plains Resources Ltd. and Xcite Resources Inc. have received the results from a data compilation on the Don Lake uranium project, located 4 km NE of Uranium City, Saskatchewan. The Don Lake project hosts near surface high grade uranium mineralization and is one of six 100% owned Eagle Plains uranium properties under option to Xcite. The compilation and interpretation of available data will lead to recommendations for 2024 fieldwork.

Don Lake Data Compilation Highlights: Six uranium mineral showings on property, spatially related to cross-faulting and regional Boom Lake and Black Bay faults. Trench sampling reported grades as high as1.17% U3O8 over 1.98m, with drilling results including 0.71% U3O8 over 0.34m and 0.64% U3O8 over0.3m. The uranium mineralization occurs in series of veins and fractures.

Zone C is positioned to the southeast of Zones A and B and further defines the NW-SE mineralized trend. 6 shallow drillholes and 9 trenches have been completed at Zone C, where trench samples returned from trace amounts up to 3.02% U3O8 over zero.61m and drilling intercepts included 0.80% U3O8 over 5.3m and 0.85% U3O8 over 2.52m. At Radioactive Occurrence 50-CC3-10 and -44 (SMDI 1383), and the Midas Cu-U Showing (SMDI 1384) pitchblende occurs as in shears associated with the Crackingstone Fault.

Showings associated with the Townend Fault Uranium Showings (SMDI 1385) host pitchblende in fracture splays and breccia zones. A 10 ft (3.1 m) channel sample taken across a width of 1.0 ft (0.30 m) assayed 1.63% U3O8. Don Lake History: Anomalous radioactivity at Don Lake was first noted by the Geological Survey of Canada in 1948, with the first claims recorded later that year by the Eldorado Mining and Refining Company.

In 1950, Aurora Yellowknife Mines identified 28 radioactive occurrences on the property, including the 50-CC3-10, 50-CC3-44 (SMDI 1383"), Midas Cu-U Showed (1384) and Townend Fault Uranium Showing (SMDI 1385). The same year Eldorado completed three short diamond drill holes at the Don Lake Zone A showing (SMDI 1393), with hole D-1 returning 2.0% U3O8 over 3.6m from 49.7-50.3m (AF 74N10-0345). Between 1948-1968, various operators conducted work within the current Don Lake tenure, including prospecting, drillometer surveying, trenching and limited diamond drilling.

Most of this work is poorly documented. The projects are owned 100% by EPL, who will retain an underlying 2% NSR royalty on the each of the properties. Eagle Plains currently holds a 100% interest in 18 individual projects comprising a total of 40,050 ha of mineral dispositions in Saskatchewan covering both basement and unconformity hosted uranium targets.

The projects range from early-stage grassroots to drill ready and are distributed throughout the prospective Athabasca Basin including the Patterson Lake South (PLS), Beaverlodge, and Dufferin-Centennial camps.