Eagle Plains Partners with Refined Energy for Dufferin Drilling Program

Eagle Plains Resources Ltd. has announced that its partner, Refined Energy Corp, has filed a National Instrument 43-101 technical report for the Dufferin Project in the Athabasca Basin. The report recommends a drill program with a minimum of four holes, covering 1,250 metres at a budget of $2,062,500, focusing on targets at Dufferin West.

The project's highest priority area involves a strong conductor linked to the Virgin River Shear Zone. It is near faults known to host uranium mineralization, similar to Cameco's Centennial deposit. The drill program aims to discover potential high-grade deposits typical of the Athabasca Basin.

Refined holds an option to acquire up to a 75% interest in the Dufferin Project by meeting specific financial and operational milestones. Eagle Plains retains a 2% smelter returns royalty, with an option for repurchase.