News

Eagle Plains/Providence Identify 3 High-Priority Drill Targets from 2011 Airborne EM Geophysical Surveys

Vancouver, B.C., February 21, 2012: Eagle Plains Resources Ltd. (TSX-V:EPL) and Providence Resources Corp. (TSX-V: PV) are pleased to announce receipt of results from airborne geophysical field surveys carried out over their Iron Range JV project located near Creston British Columbia. During October-November 2011, Geotech Ltd. carried out VTEM time-domain EM and ZTEM AFMAG surveys over parts of the Iron Range Project. The results have subsequently been processed and interpreted by Condor Consulting, Inc. of Lakewood Colorado. 

Eagle Plains Samples High-Grade Uranium, Increases Land Position at Wollaston Project, Northern Saskatchewan

Cranbrook, B.C.; 14 February, 2012: Eagle Plains Resources (TSX-V:EPL) has completed staking activity following receipt of high-grade assay results from grab samples taken during 2011 fieldwork on its Wollaston Project, located within the Athabasca region of north-central Saskatchewan.

Eagle Plains/SinoGas Execute Option Agreement on Eagle Lake, Saskatchewan Uranium Property

Cranbrook, B.C., February 2, 2012: Eagle Plains Resources Ltd. (TSX-V:EPL) and SinoGas West Inc. (TSX-V:GZW.P) have entered into a formal option agreement whereby Eagle Plains has agreed to grant an option to SinoGas to earn a 60% interest in EPL’s 100% owned Eagle Lake uranium project located 28 km southeast of Cameco's Key Lake mining operation in north-central Saskatchewan, Canada.

Eagle Plains/Providence Receive Results of 2011 Soil Sample Survey and Strengthens Priority Drill Targets on the Iron Range Project

Vancouver, B.C., January 31, 2012: Eagle Plains Resources Ltd. (TSX-V:EPL) and Providence Resources Corp. (TSX-V: PV) are pleased to announce receipt of results from the 2011 soil sampling program on the Iron Range Project. Results from the extensive program (4,233 samples) validate historical soil anomalies and identify additional prospective areas. Historical anomalies in the Row and Canyon target areas have been confirmed – these targets have been selected for drill testing in 2012.

Eagle Plains/Clemson Execute Option Agreement on Kalum Gold Property. West-Central British Columbia

Cranbrook, B.C.; 19 January, 2012: Eagle Plains Resources (TSX-V:EPL) and Clemson Resources Corp. (TSX-V:CRZ) announce that the companies have entered into a formal option agreement whereby Clemson may earn an undivided 60% interest in Eagle Plains’ 100% owned Kalum Property located approximately 35 km northwest of Terrace, British Columbia in the Skeena Mining Division.

Eagle Plains/Navy Resources Execute Option Agreement on Vulcan Property, South-eastern British Columbia

Cranbrook, B.C., 22 December, 2011: Eagle Plains Resources Ltd. (EPL:TSX-V) and Navy Resources Corp. (a private B.C. company) announce that they have executed a formal option agreement whereby Navy may earn an undivided 60% interest in Eagle Plains’ 100% owned Vulcan Property located 30km northwest of Kimberley, British Columbia. Under terms of the agreement, Navy will complete exploration expenditures of $3,000,000, make cash payments of $250,000 and issue 1,000,000 common shares to Eagle Plains over a fifty-four month period.

Eagle Plains/ Partners Complete Major Airborne Geophysical Survey

Cranbrook, BC, December 19th, 2011: Eagle Plains Resources Ltd. (TSX-V:EPL) and various individual option partners have recently completed the largest privately-funded airborne geophysical survey ever carried out in the Kootenay region of British Columbia. A total of 4,280 line-km was flown over Eagle Plains’ various projects in the region, for an overall expenditure of over $1,000,000.

Eagle Plains Shareholders Meet to Consider Yellowjacket Spinout

Cranbrook, BC, December 15th, 2011: Eagle Plains Resources Ltd. (TSX-V:EPL) will hold its Annual and Special Meeting today (December 15th) to consider, and if approved, proceed with the Plan of Arrangement involving the spinout of Eagle Plains’ Yellowjacket Project, located in north-western British Columbia, as originally announced September 29th, 2011. The spin-out company will be called Yellowjacket Resources Ltd. and will be listed on the TSX Venture Exchange.

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