# 04:00 ET Xcite Uranium Commences Drill Program at the Don Lake Uranium Project, Saskatchewan Xcite Uranium Inc. \(CSE: XRI\) \("Xcite" or the "Company"\) is pleased to announce the beginning of the first diamond drilling program at the Don Lake... Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/04-00-et-xcite-uranium-commences-drill-program-at-the-don-lake-uranium-project-s--14ed2fbb-4fe4-4a99-b33b-4fea3e4d513d Original source: https://www.newswire.ca/news-releases/xcite-uranium-commences-drill-program-at-the-don-lake-uranium-project-saskatchewan-867712767.html Publisher: cnw Original announcement: 2026-08-20T09:31:10.556Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Xcite Uranium Inc. - Ticker: XRI - Exchange: Unavailable - Region: Saskatchewan - Primary commodity: Uranium - Secondary commodities: Copper - Document categories: Drill results - Extracted: 2026-08-20 10:01:56 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Xcite Uranium has commenced a 14-hole, 1500m diamond drilling program at the Don Lake Uranium Project in Saskatchewan. The program targets structurally-controlled uranium mineralization at the Don and Midas targets, following strong 2026 geophysical and geochemical results. Reasoning: The company is initiating a 1500m drilling program to test high-grade historical uranium mineralization and new 2026 anomalies. - Positive factor: Commencement of a new 14-hole diamond drilling program - Positive factor: Targeting high-grade historical zones \(up to 10.7% U3O8\) - Positive factor: Strong geophysical and geochemical anomalies identified in 2026 - Negative factor: Current news is an announcement of a program commencement, not new assay results - Negative factor: Reliance on historical data that has not been verified by a QP Facts used in scoring: 3 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release includes sign-off from two Qualified Persons \(C.C. Downie and Lorne M. Warner\). Evidence · text > Technical information in this News Release has been reviewed and approved by C.C. Downie, P.Geo. **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: While QPs are named, the specific assay protocols \(blanks, standards, duplicates\) for the upcoming program or historical data are not detailed. Evidence · text > Management cautions that historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### AF 74N10-0422 [Link to this fact](https://atlas-staging.minestarters.com/news/04-00-et-xcite-uranium-commences-drill-program-at-the-don-lake-uranium-project-s--14ed2fbb-4fe4-4a99-b33b-4fea3e4d513d#fact-drill-facts-0) Don Lake Project · uranium Historical result Needs review: historical\_restatement #### Identity - Hole ID: AF 74N10-0422 - Project: Don Lake Project - Commodity: uranium - Region: canada\_sk - Reported Region: Saskatchewan - Ticker: XRI #### Geometry - Grade: 10.7 - Grade Unit: % U3O8 - Intercept: 0.3 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Historical intercept of 10.7% U3O8 is exceptionally high for uranium. - Positive factor: Exceptional historical grade - Negative factor: Historical data unverified by QP Evidence · text > Historical drilling at A Zone returned values of 10.7% U3O8 over 0.3m ### AF 74N10-0422 [Link to this fact](https://atlas-staging.minestarters.com/news/04-00-et-xcite-uranium-commences-drill-program-at-the-don-lake-uranium-project-s--14ed2fbb-4fe4-4a99-b33b-4fea3e4d513d#fact-drill-facts-1) Don Lake Project · uranium Historical result Needs review: historical\_restatement #### Identity - Hole ID: AF 74N10-0422 - Project: Don Lake Project - Commodity: uranium - Region: canada\_sk - Reported Region: Saskatchewan - Ticker: XRI #### Geometry - Grade: 2.14 - Grade Unit: % U3O8 - Intercept: 0.67 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Historical intercept of 2.14% U3O8 is strong. - Positive factor: Strong historical grade - Negative factor: Historical data unverified by QP Evidence · text > 2.14% U3O8 over 0.67m \(AF 74N10-0422\) ### D-1 [Link to this fact](https://atlas-staging.minestarters.com/news/04-00-et-xcite-uranium-commences-drill-program-at-the-don-lake-uranium-project-s--14ed2fbb-4fe4-4a99-b33b-4fea3e4d513d#fact-drill-facts-2) Don Lake Project · uranium Historical result Needs review: historical\_restatement #### Identity - Hole ID: D-1 - Project: Don Lake Project - Commodity: uranium - Region: canada\_sk - Reported Region: Saskatchewan - Ticker: XRI #### Geometry - Grade: 2 - Grade Unit: % U3O8 - Intercept: 0.6 m - From: 49.7 m - To: 50.3 m #### Classification - Program: exploration - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Historical intercept of 2.0% U3O8. - Positive factor: Strong historical grade - Negative factor: Historical data unverified by QP Evidence · text > hole D-1 returning 2.0% U3O8 over 0.6m from 49.7-50.3m \(AF 74N10-0345\) ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.