Xcite Uranium starts diamond drilling at Gulch project in Saskatchewan with $1.1 million budget
Bitget2026/09/28 08:00- Xcite Resources began a 900-meter, three-hole diamond drilling program at the Gulch uranium project in Saskatchewan.
- Program targets basement-hosted unconformity-style uranium near Uranium City; budget set at $1.1 million, including $700,000 for drilling.
- Field sampling returned grab results of 1.6% U3O8 and 3.75% U3O8 near the historic Gulch mine.
- At the Lorado project, 1,099 meters of drilling finished; hole LO26003 hit anomalous radioactivity peaking at 2,281 cps.
- Core assays from Lorado drilling remain pending.
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