Eagle Plains' Partner Refined Energy Launches Work Programs at Dufferin Lake

Eagle Plains Resources Ltd. has announced that Refined Energy Corp has commenced its 2024 work on the Dufferin Project in Saskatchewan. This project, fully owned by Eagle Plains, is potentially rich in uranium, located near the Virgin River Shear Zone. Refined Energy holds an option to acquire up to 75% interest in the project, which now spans 10,140 hectares after acquiring additional claims.

The work includes conducting an airborne MobileMT geophysical survey at Dufferin North and advanced interpretation of historical data at Dufferin West. These efforts aim to refine drill targets, focusing on structures associated with uranium mineralization. Past exploration indicates promising uranium and boron anomalies.

Refined must meet specific cash payments and share issuances to gain equity in the project. Successful completion of these phases could earn them a 75% interest, with Eagle Plains retaining a royalty interest.