News

Cranbrook, B.C., 09 September, 2011: Eagle Plains Resources Ltd. (EPL:TSX-V) is pleased to announce that it has commenced a 4,000 line-km airborne geophysical survey over a broad area of the East Kootenays, in south-eastern British Columbia. Funding for the project is provided by Eagle Plains and various option partners active on Eagle Plain’s tenures in the district. Planned for airborne geophysical coverage are the Iron Range, Hall Lake, Car, K-9, Goatfell, Findlay and Boundary (Dode) properties. A budget of $900,000 has been set for the work.

Cranbrook, B.C., 9 August, 2011: Eagle Plains Resources Ltd. (TSX-V:EPL) and Blackrock Resources Ltd. (a private B.C. corporation) have commenced a $200,000 exploration program on the Elsiar copper-gold-moly property. Crews are now in place on the property and line-cutting and geophysical surveying (magnetometer and induced polarization “I.P.”) is currently underway. A total of 18 line-km of survey work is planned for the property and will be followed up by prospecting and geological mapping.

Cranbrook, B.C., July 19th, 2011: Eagle Plains Resources Ltd. (EPL:TSX-V) and Rosedale Resources Ltd. (a private B.C. company) have commenced a 200 line-km airborne geophysical (magnetometer and electromagnetic) survey on the Rohan copper-gold property, located in northwestern British Columbia. Following the survey, the partners intend to complete follow-up reconnaissance geological work including silt-sampling and prospecting to define specific target areas for future work.

Cranbrook, BC, June 27th, 2011: Eagle Plains Resources Ltd. (TSX-V:EPL) and Olympic Resources Ltd. (OLA.P) have executed a formal option agreement whereby Olympic will have the exclusive right to earn a 60% interest in the 2,300 acre Dragon Lake project located 85km northeast of Ross River, Yukon. To exercise the option, Olympic must complete $3,000,000 in exploration expenditures, issue 1,000,000 common shares and make cash payments of $500,000 to Eagle Plains over 4 years.