Morning briefing — free market intel before the open

Xcite Uranium Inc. (XRI)

U3O8 intercept — AF74O05-0051 at Beaver River

Announced 2026-06-04

Company
Xcite Uranium Inc.
Ticker
XRI
Property
Beaver River
Metal
U3O8
Hole ID
AF74O05-0051
Width
0.61 m
Grade
0.06 %
Gram-metres
0.04 g·m
Value per tonne (live spot)
$112.90
Precious-metal value (nugget)
$0 (0% of value)
Residual value (net, est.)
$56

Value per tonne is the gross in-situ rock value at today's spot prices, before recovery, mining, processing, royalties, or metallurgy — recomputed live on every page load. The nugget is the share of that value from precious metals (gold, silver, platinum, palladium, rhodium). Residual value estimates the net realizable value after recovery and operating cost — it assumes 90% recovery for precious metals, 85% for base metals, and $40/t operating cost; model your own assumptions in the calculator. Informational only; read the original NI 43-101 or JORC filing before drawing conclusions.

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