Since 1992, Eagle Plains Resources (EPL:TSX-V) has been aggressively acquiring and developing early stage mineral exploration projects in Western Canada. To develop these projects, we have assembled an expert in-house technical team of geologists, technicians and geographic information system specialists.  Seasonally we also contract geologists specializing in specific types of mineralization to assist with our field programs.  The company currently controls over 35 gold, silver, uranium and base-metal and rare earth mineral projects, two of which contain NI 43-101 compliant Inferred Resources. 

With over 35 projects, EPL is considered a project generator and invites joint venture participation to expedite project development.  The joint venture model reduces shareholder exposure to the risk of exploration and enhances exposure to a discovery.  With our in-house staff we are able to technically assist our joint venture partners. 

To create shareholder value when a discovery is made, EPL may spin-off the project into a new corporate entity.  This spotlights the projects value, creates value with new shares and makes it available for acquisition by a producing company.  An example of this is Copper Canyon Resources (CPY : TSX-V).  This spin-off was conducted through a "Plan of Arrangement" and resulted in a one-for-one share distribution.

In brief, the business model that Eagle Plains Resources follows is:

1. Acquisition of highly prospective grass roots and semi developed mineral exploration projects.

2. Develop these projects using Joint Venture participation

3. Spin-off developed projects to create value for shareholders which also simplifies the project for the market place and makes it accessible to producing companies.

Inferred Resources at the Blende & Sphinx properties:

          Blende

• 35 million ounces silver
• 1.2 billion pounds lead
• 1.3 billion pounds zinc

          Sphinx

• 48 million pounds molybdenum