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Eagle Plains Launches Fully Funded 2026 Drill Program at George Lake Critical Metals Project

Story Highlights
  • Eagle Plains is launching a fully funded 1,650-metre drill program at its George Lake critical metals project in Saskatchewan in early 2026.
  • The campaign targets sedex-style zinc-lead-silver mineralization along an 8.1-kilometre corridor, leveraging new geophysical data, Indigenous partnership support and provincial exploration incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eagle Plains Launches Fully Funded 2026 Drill Program at George Lake Critical Metals Project

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The latest announcement is out from Eagle Plains Resources ( (TSE:EPL) ).

Eagle Plains Resources has announced a fully funded 1,650-metre diamond drill program set to begin in late January 2026 at its George Lake critical metals project in Saskatchewan, marking the first drilling on the property since 2008. The program, guided by recent geophysical work and advanced interpretation, will systematically step out from historical high-grade zinc-lead-silver intersections to test the sedex-hosting stratigraphy along an 8.1-kilometre corridor, leveraging a government-funded VTEM survey, detailed 2024 geophysical modelling, and technical and community support under an exploration agreement with the Ya’thi Néné Lands and Resource Office, while also qualifying for Saskatchewan’s Targeted Mineral Exploration Incentive to offset drilling costs.

The most recent analyst rating on (TSE:EPL) stock is a Hold with a C$0.17 price target. To see the full list of analyst forecasts on Eagle Plains Resources stock, see the TSE:EPL Stock Forecast page.

Spark’s Take on TSE:EPL Stock

According to Spark, TipRanks’ AI Analyst, TSE:EPL is a Neutral.

The score is driven primarily by a strong low-debt balance sheet and improved TTM revenue/profitability, but it is held back by negative operating/free cash flow and continued negative EBIT. Technical momentum is supportive, while valuation (high P/E and no dividend) limits upside; recent corporate updates are broadly positive.

To see Spark’s full report on TSE:EPL stock, click here.

More about Eagle Plains Resources

Eagle Plains Resources Ltd. is a Canadian mineral exploration company focused on critical metals, particularly sedimentary exhalative (sedex) zinc-lead-silver systems. The company holds a 100% interest in the fully permitted George Lake project in northern Saskatchewan, a road-accessible 6,868-hectare property hosting near-surface, open-ended mineralization and benefiting from modern high-resolution geophysical coverage.

Average Trading Volume: 78,917

Technical Sentiment Signal: Buy

Current Market Cap: C$17.81M

See more insights into EPL stock on TipRanks’ Stock Analysis page.

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