Eagle Plains and Xcite Define Prospective Geophysical Trends at Beaver River Uranium Project, SK

CRANBROOK, BC / ACCESS Newswire / June 3, 2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") with partner, Xcite Uranium Inc. (TSX-V: XRI) ("XRI or Xcite"), is pleased to announce initial geophysical results for its 4502 ha Beaver River Uranium Project. Strong correlations exist between areas of known uranium mineralization at the VIC and COMBINED zones with trends of anomalous conductivity (Figure 1). 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 (Figure 2). Advanced geophysical interpretation and modeling by Condor Consulting Inc. is nearing completion and will aid in prioritizing areas for summer fieldwork and targeting drill holes in Q3/Q4 2026.

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