Eagle Plains - Project Generator Deal Flow

EPL Project Name Optioning Company Ticker Symbol Commodity Type of Arrangement with Other Company

Explore Terms
($millions)

Cash Terms
($000's)

Share Terms
(000's)

Status

Baska Eldorado

Giyani Gold Corp. WDG U, REE's Acquire 100% n/a n/a 2000 100% Sold

Blende

Blind Creek Resources Private Ag, Pb, Zn Acquire 100% 5 175 6000 100% Sold

Bohan

Active Growth Capital ACK Pb, Zn Acquire 100% n/a n/a 2000 100% Sold

Carter Lake

Lakeland Resources LK U Acquire 100% n/a 40 800 100% Sold

Chico

Aben Resources ABN Au

Option to earn 60% (can increase to 80% for $2m explore, 1m shares and $50k)

1.5 100 1500 Active

Copper Canyon

NovaGold NG Au, Ag, Cu

NG earns 60% of Copper Canyon, EPL spins out its 40% into CPY

3.0 n/a 248

100% sold - NG buys CPY for $65m

Coyote Creek

Secure Minerals Inc. Private Gypsum Acquire 100% n/a 250 n/a Active

Fisher

Silver Standard Resources SSO Au

Option to earn 60% (can increase to 80% for $3m cash)

4 400 n/a Active

Hall Lake

Bethpage Capital Corp. Private Au, Ag, Pb, Zn Option to earn 60% 3 600 1100 Active

Hito

Aben Resources ABN Au Acquire 100% n/a 150 5000 100% Sold

Iron Range

Providence Resources PV Au, Cu, Pb, Zn

PV earned 60% - then EPL regains 100% control for 900K PV + 500K EPL Shares

3 500 1000

EPL Regains 100% control for 900K PV + 500K EPL Shares

Justin

Aben Resources ABN Au Acquire 100% n/a n/a n/a Included with "Hit" purchase

LaRonge Gold Belt

Greywacke Exploration GWL Au Acquire 100% n/a n/a 700 Active

McQuesten

Alexco Resources AXR Au, Ag Acquire 100% 1 320 350 100% Sold

Orchid

North Arrow Resources/Stornoway Diamonds

NAR/SWY C

Acquire70% interest in diamonds only

Fund exploration to discovery and staking

n/a n/a Active

Sphinx

Touchdown Capital TDW Mo Acquire 100% n/a n/a 2000 100% Sold

Tarku

Tarku Resources TKU U, Au Acquire 100% n/a n/a 2000 100% Sold

Total - 17 Projects

        $17.5  $2,545 24,698  

The total amounts in this table are based on option agreements that have been earned-in on, are in the process of being earned-in on or are completed sales of projects to other companies.  Cash payments, exploration work and shares acquired through option agreements that have been terminated prior to satisfying the earn-in requirements are not included in this table.