Investor Info
Welcome Investors!
Eagle Plains Resources is a Canadian based mineral exploration company with over 35 properties in western Canada. Our primary focus is grass roots exploration, click on the link for an explanation of this process.
We control 2 inferred resources, one being a molybedenum deposit at the Sphinx property in south east British Columbia and the other a silver / zinc / lead deposit at the Blende property in the central Yukon. Our other mineral exploration properties include prospects for gold, uranium, silver, copper, molybdenum, zinc, lead, rare earth minerals including gallium and industrial minerals including sodalite and gypsum.
Information regarding each of our exploration properties can be found on the projects page. You can sort the properties to be viewed by location, minerallization type or resource type. You may also view our planned exploration schedule for the 2008 field season by clicking the link.
The mineral exploration properties were acquired during the prolonged industry downturn in the 1990's and early 2000's. Seven of these exploration properties had approximately $38 million in exploration expenditures by previous operators. Eagle Plains was able to acquire these for the cost of staking. The majority of projects were acquired using in-house research. As a result of holding over 35 mineral exploration properties, Eagle Plains Resources is considered a "Project Generator".
Eagle Plains primary strategy is to employ a joint venture model to advance the properties. This reduces the risk of exploration to shareholders while maintaining a significant interest in the property in the event of a discovery. The work conducted by our joint ventures partners more than doubles the mineral exploration program conducted annually by Eagle Plains.
The next step of our strategy is to spin-off successful exploration projects into new companies, spotlighting their value in order to increase shareholder equity. An example of this spin-off strategy is our Copper Canyon Resources, spun-off in June 2006.
Eagle Plains has been publicly traded since July 1995. The management is made up largely of geologists with a comined 125 years of experience and has a proven ability to to develop joint ventures and partnerships.
Our stock trades on the TSX Venture Exchange (TSX-V) under the symbol EPL.
Plan of Arrangement - Accounting Information
In June 2006, Eagle Plains Resources spun-off it's Copper Canyon , Abo and Severence properties into Copper Canyon Resources, resulting in a 1 for 1 share split. For accounting purposes the cost basis of the Copper Canyon shares is to be 59.35% of the pre-split Eagle Plains share purchase cost.
In order to complete the exchange of the shares of Eagle Plains Resources Ltd. for shares of Copper Canyon Resources Ltd. in accordance with the Plan of Arrangement, Election Form T2057, http://www.cra-arc.gc.ca/E/pbg/tf/t2057/t2057-05e.pdf, should be completed and returned to us by November 30, 2006 in order for us to instruct our Tax Advisors to complete the appropriate elections for filing with Canada Revenue Agency (“CRA”) on a timely basis. We refer you to Page 36 of the Plan which sets out the tax-deferred election that is available to all shareholders in respect to the exchange of the shares under the Plan.
We have retained an independent & informal opinion of the tax implications to our USA shareholders as a result of the plan of arrangement, click here to view.
Investor Relations Resources
- View our one page project summary brochures for 5 projects:
For more information, please contact:
Mike Labach
Investor Relations Manager
Phone 1.866.HUNT ORE / 1.866.486.8673.
Email mgl@eagleplains.com
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