News

Eagle Plains/Providence Capital Execute Option Agreement on Iron Range Project, South-eastern British Columbia

Cranbrook, B.C., 18 May, 2010: Eagle Plains Resources Ltd. (EPL:TSX-V) (or “Eagle Plains”) and Providence Capital Corp. (TSX-V:PV) (or “Providence”) have entered into an option agreement, on Eagle Plains’ 100% owned Iron Range project located in the Goat River area 15km NE of Creston, B.C.

Eagle Plains/Heemskirk Advance Coyote Creek Gypsum Project

Cranbrook, B.C., 03 May, 2010: Eagle Plains has recently received a second cash payment and notification by Heemskirk Canada Ltd. that it has completed its Phase One review of the Coyote Creek gypsum project and intends to maintain its option to purchase a 100% interest in the property. If the option is exercised, Eagle Plains will receive a final cash payment and retain a production royalty for any material mined from the property. A permit is currently in place allowing for extraction of a 5,000 tonne bulk sample.

Eagle Plains/Parkside Execute Option Agreement on Elsiar Copper-Gold Porphyry Project, West-Central B.C.

Cranbrook, B.C., 15 April, 2010: Eagle Plains Resources Ltd. (TSX-V:EPL) and Parkside Resources Ltd (a private B.C. corporation) have executed a formal agreement whereby Parkside may earn a 60% option in the Elsiar copper-moly-gold property by making exploration expenditures of $3,000,000 and completing payments of 1,000,000 shares and $250,000 cash by the fourth anniversary of the Agreement. 

Eagle Plains/Excelsior Execute Option Agreement on Wildhorse Gold/Copper Property, South-eastern British Columbia

Cranbrook, B.C., 11 March, 2010: Eagle Plains Resources Ltd. (EPL:TSX-V) and Excelsior Mining Corp. (TSX-V:MIN.P) have entered into an option agreement on Eagle Plains' 100% owned Wildhorse project located 40km north of Cranbrook, B.C. Under the terms of the Agreement, Excelsior may earn a 70% interest in the property by completing $3,000,000 in exploration expenditures, making $250,000 in cash payments and issuing 1,000,000 shares to EPL over 4 years.

Eagle Plains/Swift Resources Announce Results from Drill Program at Iron Range Property, South-eastern British Columbia

Cranbrook, B.C., 05 March, 2010: Eagle Plains Resources Ltd. (EPL:TSX-V) and Swift Resources Inc. (TSX-V:SWR) announce results from a diamond drilling program completed at Eagle Plains’ 100% owned Iron Range project located in the Goat River area 15km NE of Creston, B.C. The drilling program was funded by Swift, who have an option to earn a 60% interest in the property by completing $3,000,000 in exploration expenditures, making $500,000 in cash payments and issuing 750,000 shares to EPL over 5 years (see EPL NR 01/12/09).

Eagle Plains/Touchdown Capital Release Analytical Results from Drill Program at Sphinx Molybdenum Project, Southeastern BC

Cranbrook, BC; 12 February, 2010: Eagle Plains Resources (TSX-V:EPL) and Touchdown Capital Inc. (TSX-V:TDW) have received and compiled analytical results from a 2-hole, 617m diamond drilling program on the 15,400 hectare Sphinx molybdenum project located approximately 60 km west of Kimberley in the Nelson and Fort Steele Mining Divisions of British Columbia. 

Joint News Release Eagle Plains & Prize Mining Announce Filing of NI 43-101 Compliant Technical Report on the Yellowjacket Project

Cranbrook, B.C., February 1, 2010: Eagle Plains Resources Ltd (TSX-V:EPL) and Prize Mining Ltd. (TSX-V:PRZ) announced today the filing of an NI 43-101 compliant Technical Report on the Yellowjacket Project. The Technical Report indicates an inferred resource as follows:

INFERRED RESOURCE ESTIMATE, YJ GOLD PROJECT
B.J. PRICE GEOLOGICAL 2010

Eagle Plains/99 Capital Release Results of Baska-Eldorado REE/Uranium Project, Northern Saskatchewan

Cranbrook, B.C., January 18th, 2010: Eagle Plains Resources Ltd. (TSX-V:EPL) and 99 Capital Corp. (TSX-V:WDG) are pleased to release results from 2009 exploration work on the Baska-Eldorado property located 55 km southeast of Cameco's Key Lake uranium deposit in north-central Saskatchewan, Canada. As announced previously, Eagle Plains has agreed to sell a 100% interest in the property (less 1% NSR) to 99 Capital, while retaining the option to buy-back a 50% interest.

Eagle Plains Releases Results of Eagle Lake Uranium Project

Cranbrook, B.C., January 13th, 2010: Eagle Plains Resources Ltd. (TSX-V:EPL) has released results from 2009 exploration work on its 100% owned Eagle Lake uranium project located 28 km southeast of Cameco's Key Lake uranium deposit in north-central Saskatchewan, Canada. The focus of the $100,000 exploration program was to further delineate uranium occurrences discovered during 2007/2008 field programs. Work was funded 100% by a third party and was successful in outlining a new uranium-mineralized zone on the property. Further work is recommended for 2010.

Eagle Plains Closes $855,600 Financing

Cranbrook, B.C., 23 December, 2009: Eagle Plains Resources Ltd. (TSX-V:EPL) has closed a brokered and non-brokered public offering as originally announced on November 25th, 2009. A first tranche closing was announced December 11, 2009. The financing was offered to arms-length and non-arms length investors and was comprised of 2,664,272 non flow-through units and 1,497,000 flow-through units for gross proceeds of CDN $855,600.

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