A West Coast natural resources company has launched a $1.1 million drilling project in northern Saskatchewan, seeking to identify uranium deposits in an area that has seen limited full-scale exploration since the 1990s.
Eagle Plains Resources Ltd. announced on Oct. 5 that its partner, Xcite Uranium Inc., has started a diamond drilling program at Eagle Plains’ fully owned Black Bay Project, located 20 kilometres south of Uranium City, Sask.
The Cranbrook, British Columbia-based company says the site hosts near-surface uranium deposits and a formerly operational uranium mine.
Chuck Downie, president and CEO of Eagle Plains Resources, told The Epoch Times that the company is using modern exploration techniques to find uranium in an old mining area. He said most companies have focused on the central Athabasca Basin and made discoveries there, while the Black Bay area has “been overlooked for a long time.”…