202643 releases
Eagle Plains Increases Saskatchewan Royalty Portfolio
Under a purchase and sale agreement dated October 19, 2026, Apogee Minerals Ltd. will acquire a 100% interest in five non-core claim blocks totalling 1,965 hectares adjacent to and within Apogee's Knife Lake Copper Project in east-central Saskatchewan for $20,000 cash and 1,000,000 Apogee common shares. Eagle Plains retains a 2.5% net smelter royalty, 1% of which Apogee may buy for $2,000,000. Closing is subject to TSXV acceptance. Separately, Eagle Plains and Pacific Imperial Mines have terminated the option agreement on the Brownell Lake VMS project.
NewsEagle Plains’ Partner Xcite Uranium Commences Drill Program at the Black Bay Project, Adds Second Drill, Uranium City, Saskatchewan
Diamond drilling has begun at the 100%-owned Black Bay uranium project, 20km south of Uranium City, Saskatchewan, where partner Xcite Uranium is funding a 1,300m, six-hole program from five pads, testing 2025 VTEM conductors along trend from the past-producing Black Bay mine. A second rig under contract to Base Diamond Drilling has been added. The approved 2026 Black Bay budget is about $1.1 million, comprising $125,000 of completed fieldwork and $975,000 for drilling, with 2026 trench samples returning up to 1.17% U3O8.
Drill resultsEagle Plains Partner Sun Summit Completes 2026 Program at the Theory Project, Toodoggone District, BC
Sun Summit Minerals has completed the 2026 field program at Eagle Plains' Theory copper-gold project in the Toodoggone District, north-central BC, on a budget of approximately $700,000. Work comprised 476 line-km of MobileMT airborne survey, a July 19–August 7 mapping and prospecting phase, and 16 line-km of IP, with 218 rock grab and 533 soil samples collected; assays are pending. New targets Baguette Peak and Misty Mountain were identified, and an IP chargeability anomaly over 500m was defined under the Bev Zone. Results will guide 2027 drill targeting.
Drill resultsEagle Plains’ Partner Xcite Uranium Intersects Anomalous Radioactivity at Lorado and Commences Drill Program at the Gulch Uranium Project, Saskatchewan
Partner Xcite Uranium has started a 900m, three-hole diamond drill program at the 100%-owned Gulch uranium project, 20km south of Uranium City, Saskatchewan, under a 2026 budget of about $1.1 million ($400,000 fieldwork completed, $700,000 drilling). Grab samples AXGUR016 and OLGUR002 near the historic Gulch mine returned 1.6% U3O8 and 3.75% U3O8. At Lorado, 1,099m in three holes was completed, with LO26003 returning anomalous radioactivity including 0.6m averaging 930 cps (max 2,281 cps) from 27.8m; assays pending.
Drill resultsEagle Plains Reports Additional Results from Drilling at the Don Lake Uranium Project, Saskatchewan
Drilling at the B and C Zone targets of the Don Lake uranium project near Uranium City, Saskatchewan, intersected multiple intervals of anomalous radioactivity, including 1.3m averaging 2898 cps in DN26005, 5.5m averaging 2656 cps in DN26006, 0.7m averaging 10403 cps in DN26008 and 0.6m averaging 12473 cps in DN26009. The 10-hole, 1106m program follows three earlier A Zone holes; geochemical assays are pending. Partner Xcite Uranium can earn up to 80% in the project.
Drill resultsEagle Plains and Earthwise Intersect Gold Mineralization in all Holes at the Iron Range Precious Metals Project, SE BC
All three holes in the 1,182 m, three-hole drill program at the 20,021 ha Iron Range Project near Creston, SE British Columbia, intersected gold mineralization: IR26053 returned 15 m at 0.53 g/t Au and 0.50 m at 7.26 g/t Au; IR26054 returned 24 m at 0.73 g/t Au and 0.5 m at 11.75 g/t Au; and IR26055 returned 60.5 m at 0.76 g/t Au including 1.0 m at 6.62 g/t Au. Earthwise Minerals, which holds an option for up to 80% of the Eagle Plains-owned project, fully funded the drilling, targeting the Talon Zone.
Drill resultsEagle Plains’ Partner Xcite Uranium Commences Drill Program at the Lorado Uranium Project, Saskatchewan
Diamond drilling has begun at the 643ha Lorado uranium project, 20km south of Uranium City, Saskatchewan, operated by partner Xcite Uranium Inc., which can earn up to 80% in six Eagle Plains-owned projects. The program comprises 1,200m in 3 holes from 3 pads, testing coincident EM conductor and magnetic breaks with radon and soil geochemical anomalies for Beaverlodge-type and basement-hosted unconformity mineralization. The approved 2026 Lorado budget is about $1.1 million, including $225,000 of completed fieldwork and $875,000 for drilling.
Drill resultsEagle Plains Resources and Sun Summit Minerals Commence Fieldwork at the Orbit JV Project, Toodoggone Mining District, BC
Exploration crews have mobilized for 2026 fieldwork at the 6,595-hectare Orbit copper-gold project in BC's Toodoggone district, a joint venture between Sun Summit Minerals (51%) and Eagle Plains (49%), with a definitive JV to be formed by December 31, 2026 and Eagle Plains as operator. Work includes prospecting, mapping, silt and soil sampling to expand the Calypso Zone, where 2025 grab samples returned up to 3.80 g/t Au, 130 g/t Ag, and 0.96% Cu. American Eagle Gold also received conditional TSX-V approval for its option on Hearne Hill South.
Drill resultsEagle Plains Reports Anomalous Radioactivity from First Drillholes at the Don Lake Uranium Project, Saskatchewan
The first three drill holes at the Don Lake uranium project near Uranium City, Saskatchewan intersected multiple zones of anomalous radioactivity, including 1.9m averaging 11571 cps in DN26001, 1.1m averaging 23923 cps in DN26002 and 1.2m averaging 10320 cps in DN26003, all in the A Zone. Geochemical assays are pending. The 1500m, 14-hole program from six pads has four additional targets to test, with an approved 2026 Don Lake budget of about $1.1 million. Partner Xcite Uranium can earn up to 80%.
Drill resultsEagle Plains’ Partner Xcite Uranium Inc. Commences Drill Program at the Don Lake Uranium Project, Saskatchewan
A 1,500 m, 14-hole diamond drill program from six pad locations has begun at the Don Lake uranium project near Uranium City, Saskatchewan, operated by partner Xcite Uranium Inc. on Eagle Plains' 100%-owned ground. Drilling will test structurally controlled uranium at the Don and Midas targets, including extensions beneath the A, B, C Zone and Hawker trenches. The approved 2026 Don Lake budget is about $1.1 million, comprising $200,000 fieldwork (completed) and $900,000 for drilling, with Apex Drilling contracted.
Drill resultsEagle Plains Samples up to 269g/t Au at the Pine Channel Gold Project, Saskatchewan
Rock sampling at the 100%-owned Pine Channel gold property, about 40 km west of Stony Rapids, Saskatchewan, returned up to 269 g/t Au from a grab sample at the Vein 3 trench, with 13 of 55 samples above 1 g/t Au and three above 100 g/t Au, including 130.50 g/t Au at North Norite Bay and 118.0 g/t Au at Algold Bay. Data interpretation is underway to prioritize diamond drill targets. Refined Energy Corp. has terminated its option on the Dufferin uranium project.
Drill resultsEagle Plains Announces Approval of Warrant Expiry Extension
TSX Venture Exchange approval has been received to amend the term of 2,220,750 common share purchase warrants issued under a non-brokered private placement completed in August 2023, which currently expire August 2, 2026. Eagle Plains has applied to extend the expiry date by 12 months to August 2, 2027, with the exercise price unchanged at 30 cents and the acceleration clause unchanged, allowing accelerated expiry if the shares close at $0.50 or more for 20 consecutive trading days.
CorporateEagle Plains and American Eagle Gold Corp Execute Option Agreement for the Hearne Hill South, Jinx and NAK NW Copper-Gold Projects, British Columbia
American Eagle Gold Corp. has been granted the exclusive right to earn up to an 80% interest in the 4,656-hectare Hearne Hill South copper-gold porphyry project plus the Jinx and NAK NW properties, 23 claims and one claim application totalling 6,690 hectares located about 70 km northeast of Smithers, British Columbia, under an option agreement dated July 24, 2026. A first option for 60% requires CA$400,000 in cash, 1,200,000 shares and CA$4,850,000 in exploration spending over six years; a further 20% requires CA$1,000,000. Eagle Plains retains a 2% smelter returns royalty, 1% repurchasable for CA$2,500,000. The transaction is subject to TSX Venture Exchange acceptance.
AcquisitionEagle Plains’ Partner Sun Summit Minerals Commences Fieldwork at the Theory Project, Toodoggone District, BC
Sun Summit Minerals has mobilized crews for the second phase of 2026 fieldwork at Eagle Plains' 100%-owned Theory copper-gold project in BC's Toodoggone District, a 28-day program of prospecting, mapping and geochemical sampling running into September, with a budget of approximately $700,000. A 476 line-kilometre MobileMT airborne survey at 250 m spacing was completed in June; Phase 3 covers up to 22 line km of IP. Eagle Plains also applied to extend 2,220,750 warrants to August 2, 2027.
Drill resultsEagle Plains and Pacific Bay Minerals Execute Option Agreement for Haskins Critical Minerals Project, British Columbia
An option agreement dated July 7, 2026 grants Pacific Bay Minerals Corp. the exclusive right to acquire up to 100% of Eagle Plains' wholly-owned 578 ha Haskins critical metals project, located 105 km NE of Dease Lake, British Columbia and contiguous with PBM's Haskins-Reed property. Over four years PBM must issue Eagle Plains 200,000, 300,000, 750,000, 1,000,000 and 2,000,000 PBM shares and complete $150,000, $250,000 and $500,000 in exploration work. The claims carry a 2% NSR to a third party.
AcquisitionEagle Plains Partner Refined Energy Announces Final Results for Winter 2026 Drill Program at Dufferin West
Final results from the winter 2026 drill program at the 100%-owned Dufferin West property in Saskatchewan, operated under an option by Refined Energy Corp., totalled 975 metres in three holes completed on budget for approximately $1.7 million. DW26-001 and DW26-003 intersected the Athabasca unconformity, while DW26-002 was terminated before reaching target depth; of 87 samples assayed, ten returned weakly anomalous uranium, with a high of 5 ppm uranium from DW26-001 immediately below the unconformity.
Drill resultsEagle Plains and Xcite Define Prospective Geophysical Trends at Don Lake and Smitty Uranium Projects, SK.
Initial results from a 2025 VTEM Plus airborne geophysical survey flown by Geotech over the Don Lake (1,671 ha) and Smitty (2,384 ha) uranium projects near Uranium City, Saskatchewan identified magnetic highs and lows parallel to the regional Black Bay Fault, an EM conductivity high at Don Lake associated with the Zone A, Zone B and Hawker Trench occurrences, and conductor highs at the historic Smitty mine and in the property's western part. Condor Consulting interpretation is nearing completion and will guide summer fieldwork and Q3/Q4 2026 drill targeting. Partner Xcite can earn up to 80% in the six Uranium City projects.
Drill resultsEagle Plains Partner Earthwise Intercepts Mineralization in all Holes at the Iron Range Precious Metals Project, BC.
Partner Earthwise Minerals has completed a three-hole, 1,182 m diamond drill program at Eagle Plains' 100%-owned 20,021 ha Iron Range Project near Creston, southeast British Columbia, with all holes intercepting polymetallic mineralization at the Talon Zone. Holes IR26053 (410 m) and IR26054 (383 m) infilled historical holes across the Talon Zone structure, while IR26055 (389 m) intersected upper and lower mineralized horizons, including a 40 m step-out from IR11015. Samples were submitted to ALS Global in North Vancouver for gold fire assay and multi-element analysis. Earthwise can earn up to 80%.
Drill resultsEagle Plains’ Partner Xcite Uranium Receives Permits and Commences Fieldwork at the Uranium City Project, Saskatchewan
Partner Xcite Uranium Inc. has approved a $1.6M 2026 exploration program and mobilized crews to the Uranium City projects in northern Saskatchewan, the first fieldwork there since Eagle Plains acquired them. Work includes geological mapping, prospecting, scintillometer and soil geochemical surveys, radon surveys by RadonEx, drone Lidar and magnetics, airborne radiometrics and ground gravity, aimed at defining targets for fall 2026 diamond drilling. Saskatchewan Ministry of Environment permits have been received for each project, covering drilling, camps, trail clearing, prospecting and geophysics. Eagle Plains is operator, with work by TerraLogic Exploration.
CorporateEagle Plains and Xcite Define Prospective Geophysical Trends at Black Bay, Lorado and Gulch Uranium Projects, SK.
Initial results from a 2025 VTEM Plus airborne geophysical survey flown by Geotech over the Black Bay (1114ha), Lorado (643ha) and Gulch (1996ha) uranium projects near Uranium City, Saskatchewan, defined conductivity and magnetic trends, including the regional Black Bay Fault at Gulch and the Lorado Mine–Pitchie trend. Interpretation and modeling by Condor Consulting is nearing completion and will guide summer fieldwork and drill targeting in Q3/Q4 2026. Partner Xcite Uranium can earn up to 80% in six Eagle Plains projects.
Drill resultsEagle Plains and Xcite Define Prospective Geophysical Trends at Beaver River Uranium Project, SK.
Initial geophysical results from the 4,502 ha Beaver River Uranium Project, 40 km southeast of Uranium City, Saskatchewan, show anomalous conductivity trends correlating with known uranium mineralization at the VIC and COMBINED zones, with magnetic calculated vertical gradient trends near mineralization. Advanced interpretation and modeling by Condor Consulting Inc. is nearing completion and will guide summer fieldwork and drill targeting in Q3/Q4 2026. The project, optioned to Xcite Uranium Inc. for up to 80%, has been expanded by over 3,000 hectares since data collection.
Drill resultsEagle Plains’ Partner Sun Summit Approves 2026 Exploration for the Theory Project, Toodoggone District, BC
Partner Sun Summit Minerals has approved a three-phase, approximately $700,000 exploration program for 2026 at Eagle Plains' 9,677 ha Theory copper-gold project in the Toodoggone Mining District, north-central British Columbia. Work includes a 250 m line-spaced airborne MobileMT magnetotelluric survey, mapping, prospecting and rock, soil and silt sampling, and IP surveys, with results used to prioritize targets for 2027 drill testing. Fieldwork, managed by TerraLogic Exploration with Eagle Plains as operator, is expected to begin in early June and continue into September. Sun Summit can earn up to 100% of the project, which Eagle Plains owns outright subject to a 0.5% NSR on 122 hectares.
NewsEagle Plains and Sun Summit Make Greenfields Discovery at the Orbit Project, Toodoggone District, BC.
A single day of reconnaissance fieldwork by a 5-person crew on the newly staked 6,595 ha Orbit Project in BC's northern Toodoggone District produced 39 rock samples and identified gold, copper and silver mineralization, including alteration over 300m at the Calypso Zone. Grab samples returned up to 3.80 g/t Au, 130.0 g/t Ag and 0.964% Cu. Under an agreement with Sun Summit Minerals, a definitive joint venture is to be formed by December 31, 2026, with Sun Summit holding 51% and Eagle Plains 49% as operator.
Drill resultsEagle Plains Partner Earthwise Commences Drill Program at the Iron Range Precious Metals Project, SE BC
A three-hole diamond drill program has commenced at the 20,021ha Iron Range Project near Creston, SE British Columbia, funded by option partner Earthwise Minerals Corp. and managed by Terralogic Exploration Inc. Drilling targets the Talon Zone, where 2010 hole IR10-010 returned 14.0m grading 5.1g/t gold, 1.86% lead, 2.1% zinc, 75.3g/t silver and 7.1m of 8.13g/t gold, 2.84% lead, 3.07% zinc, 86.6g/t silver. Earthwise can earn 70% by paying CA$250,000, issuing 1,500,000 shares and spending CA$4,000,000 over four years, and 80% with a further CA$1,000,000 and a feasibility study.
Drill resultsEagle Plains Expands George Lake Deposit Mineralization, Reports 3.48% Zn+Pb over 45.1m in Step-out Drilling
Maiden drilling at the 100%-owned George Lake zinc-lead project in Saskatchewan, 1,591m in three holes, returned 45.1m grading 3.14% Zn and 0.34% Pb (including 18.0m at 4.45% Zn/0.61% Pb) in GL26002, 55.2m at 2.48% Zn/0.25% Pb in GL26001, and 41.0m at 2.17% Zn/0.38% Pb in GL26003. The step-out holes extended mineralization up to 180m down-dip from the deepest historical intercept, with the deposit open along strike and to depth.
Drill resultsEagle Plains Adds Additional Dispositions at the Pine Channel Au Project, Northern Saskatchewan
Three additional mineral dispositions totalling 996.3 ha have been acquired contiguous with the 100%-owned Pine Channel gold property, about 40 km west of Stony Rapids, Saskatchewan, bringing the project to 6,059 ha across 30 dispositions and covering SMDI occurrence 2329, where historical holes G-1 and G-3 returned assays including 1.03 g/t Au from 42.0-45 m and 3.20 g/t Au from 51.5-52.5 m. The property carries a 2% NSR held by Summit Royalties with a 1% buy-back. Data interpretation is underway to prioritize drill targets.
AcquisitionEagle Plains and Xcite Expand Beaver River Uranium Project
Two staked dispositions in the Uranium City area of northern Saskatchewan have been added to the Beaver River uranium project under an Area of Mutual Interest with Xcite Uranium Inc., increasing the project by 1,469.7 ha to 4,502.4 ha. Beaver River is one of six projects on which Xcite can earn up to 80% under December 2023 agreements. Results of a 2025 VTEM plus airborne survey are being interpreted to define targets for 2026 fieldwork and fall 2026 diamond drilling.
NewsEagle Plains Partner Earthwise Approves Spring Drill Program at the Iron Range Precious Metals Project, SE BC
Earthwise Minerals Corp. has approved a 2026 exploration program including a minimum of 1,200 metres of diamond drilling at Eagle Plains' 100%-owned 20,021 ha Iron Range Project near Creston, SE British Columbia, with drilling scheduled to commence in mid-May 2026 and managed by Terralogic Exploration Inc. Three holes will target the Talon Zone, where 2010 hole IR10-010 returned 14.0m grading 5.1g/t gold, 1.86% lead, 2.1% zinc, 75.3g/t silver. Earthwise holds an option to acquire up to 80%.
Drill resultsEagle Plains and Xatśūll First Nation Announce Exploration Agreement
An Exploration Agreement dated Feb. 26, 2026 has been signed with the Xatśūll First Nation covering the 7,407 ha Mount Polley West property, 54 km north-northeast of Williams Lake in central British Columbia. The agreement sets protocols for communication, co-drafting of regulatory applications, environmental protection, employment and business opportunities, and provides Xatśūll's conditional support for a five-year exploration permit application now being processed by the B.C. Ministry of Mining and Critical Minerals.
CorporateEagle Plains Announces Letter of Intent with Pacific Bay Minerals for the Haskins Critical Minerals Project, British Columbia
A non-binding letter of intent dated April 22, 2026 has been signed with Pacific Bay Minerals Corp., under which Pacific Bay may acquire a 100% interest in Eagle Plains' 578ha Haskins project, located 105km NE of Dease Lake, British Columbia, over four years. Terms include share payments to Eagle Plains of 200,000, 300,000, 750,000, 1,000,000 and 2,000,000 PBM shares, plus exploration spending of $150,000, $250,000 and $500,000. The claims carry a 2% NSR; a formal agreement is expected within 90 days.
AcquisitionEagle Plains Announces Closing of Saskatchewan Property Sale
TSX Venture Exchange conditional approval has been received to close the purchase and sale agreement with Trident Resources Corp. covering seven non-core claim blocks totalling 4,711 ha in Saskatchewan's La Ronge Gold Belt. Trident will acquire a 100% interest for cash consideration of $5,000, with Eagle Plains retaining a 2% net smelter royalty on all claims, half of which Trident may purchase for $1,000,000. The non-arm's-length transaction relied on MI 61-101 valuation and minority approval exemptions.
AcquisitionEagle Plains Partner Refined Energy Completes Drill Program at Dufferin West
Partner Refined Energy Corp has completed a 975-metre drill program at Eagle Plains' 100%-owned Dufferin West property in Saskatchewan, on budget for approximately $1.7 million. Hole DW26-001 intersected the targeted graphitic conductor at 381 metres with associated brecciation, with the unconformity at 332 m, while DW26-003 reached the unconformity at 312 metres and cut brecciated fault zones at 104–120 m in sandstone and 323.7–327.1 m in basement. Samples have been submitted for geochemical analysis; Refined can earn up to 75% of the 10,140 ha Dufferin Project.
Drill resultsEagle Plains Partner Refined Energy Completes First Drill Hole at Dufferin West; Second Hole Underway to Test High-Priority EM Conductor
The first drill hole at the 100%-owned Dufferin West property in Saskatchewan, DW26-001, intersected the unconformity at 332 metres and ended in basement rock at 432 metres, with core logging and sampling underway ahead of assays. Second hole DW26-002, about 100 metres south, is now testing the same EM conductor and its interpreted intersection with a gravity low along a N70 structural fault. The program, operated by partner Refined Energy Corp., which holds an option for up to 75% of the 10,140ha Dufferin Project, covers a minimum of three holes totalling roughly 1,200 metres on a budget of about $1.7 million; a ground gravity survey of 817 stations over some 530ha has been completed.
Drill resultsEagle Plains Completes Drilling at George Lake Critical Metals Project, Intersects Target Mineralization in All Holes
Drilling at the George Lake zinc-lead project in Saskatchewan has been completed, with 1,591m in three holes and all holes intersecting the target George Lake deposit horizon. Mineralized intervals were 56m (480-536m) in GL26001, 49m (468-517m) in GL26002 and 56.5m (394.8-451.3m) in GL26003, with the deepest 2026 intersection approximately 208m vertically below the deepest historical intercept. Assay results are pending; preliminary interpretation indicates mineralization remains open down-dip and along strike.
Drill resultsEagle Plains Intersects Mineralization in Step-out Holes at George Lake Critical Metals Project, Saskatchewan
Two of three planned 2026 diamond drill holes have been completed at the George Lake zinc-lead project in northeast Saskatchewan, both intersecting the deposit horizon, with the deepest 2026 intercept about 208m vertically below the deepest historical intercept. GL26001 cut 56m of mineralized stratigraphy from 480-536m and GL26002, a 200m step-out, cut 49m from 468-517m; assays are pending. GL26003, a 185m step-out northeast of GL26001, is in progress, with 1,130m drilled to date.
Drill resultsEagle Plains’ Partner Refined Energy Corp. Commences Drill Program at the Dufferin West Project, Saskatchewan
Diamond drilling has begun at Eagle Plains' 100%-owned Dufferin West property in Saskatchewan, operated under option by Refined Energy Corp., with a minimum of 3 holes totalling approximately 1,200 metres targeting an EM conductor, plus a concurrent ground gravity survey. Refined will fully fund the approximately $1.7 million 2026 budget; it can earn 60% by paying CA$275,000, issuing 1,000,000 shares and spending CA$2,600,000 by December 31, 2026, and 75% with further payments by December 31, 2028. Eagle Plains also terminated Tana Resources' option on Mount Polley West for default.
Drill resultsEagle Plains Increases Saskatchewan Gold Royalty Portfolio
Trident Resources Corp. will purchase a 100% interest in seven non-core claim blocks totalling 4,711 ha in Saskatchewan's La Ronge Gold Belt from Eagle Plains for cash consideration of $5,000, under an agreement dated February 25, 2026. Eagle Plains retains a 2% net smelter royalty on all claims, half of which Trident may buy for $1,000,000. The claims are contiguous with Trident's area land holdings. As Tim Termuende is a director of both companies, the non-arm's-length deal is a related party transaction, subject to TSX Venture Exchange acceptance.
AcquisitionEagle Plains Provides Update on Uranium City Uranium Projects and Announces Hiring of Andrew Wilson as Investor Relations Representative
Seven newly staked dispositions in the Uranium City area of northern Saskatchewan have been offered to and accepted by Xcite Resources under an Area of Mutual Interest, adding 2,649 ha to the now-contiguous Don Lake–Smitty projects (total 4,055 ha) and 1,578 ha to Beaver River (total 3,033 ha). Class 2 Exploration Permit applications have been filed for each Uranium City project, and final data from the 697 line-km 2025 VTEM Plus survey has been sent to Condor Consulting for modelling. Andrew Wilson was appointed Investor Relations Representative full-time as of February 17, 2026, at a monthly salary of $5,400.
CorporateEagle Plains’ Partner Refined Energy Corp. Mobilizes Geophysical Team to the Dufferin West Project, Saskatchewan
A ground time-domain EM geophysical crew has been mobilized by partner Refined Energy Corp. to the 100%-owned Dufferin West property, part of the 10,140ha Dufferin Project in Saskatchewan. Results will refine targeting ahead of a diamond drilling program starting in late February, comprising a minimum of three holes totalling approximately 1,200 metres testing two conductors, with a concurrent ground gravity survey. The approved 2026 budget is approximately $1.7 million, managed by TerraLogic Exploration Inc.
Drill resultsDrilling Commences at Eagle Plains 100% Owned George Lake Critical Metals Project, Saskatchewan
Crews have mobilized for a 1,650 m, three-hole diamond drill program at the 100%-owned George Lake critical metals project, 280 km north of La Ronge, Saskatchewan. The first phase targets the sedex stratigraphy hosting the George Lake deposit in 200 m step-outs down-dip and along strike from historical intersections including 8.0 m of 6.96% Zn, 1.42% Pb and 5.91 g/t Ag within 47.8 m of 4.50% Zn. The project is eligible for Saskatchewan TMEI funding of up to $150,000 toward drilling costs.
Drill resultsEagle Plains Reports Significant High-Grade Copper, Gold and Silver Mineralization at the Theory Project, Toodoggone District
Final analytical and petrographic results from the 2025 field program at the Theory copper-gold project in north-central British Columbia's Toodoggone District include a new copper discovery at the Saboteur Zone, a 3 km long zone where grab sample LSTHR040 returned 4.78% copper, 0.635 g/t gold and 49 g/t silver. At the Fred-DM-DMR Zone, BLTHR051 returned 6.42% copper, 0.088 g/t gold and 99 g/t silver, and JBTHR008 returned 0.65% copper, 12.6 g/t gold and 3150 g/t silver. Planning is underway for a 2026 program. Partner Sun Summit Minerals can earn up to 100% of the Eagle Plains-owned project.
Drill resultsEagle Plains Reports up to 427g/t Au at the Pine Channel Gold Project, Saskatchewan
Rock sampling from a 6-day 2025 field program at the 100%-owned Pine Channel gold property, about 40 km west of Stony Rapids, Saskatchewan, returned a high of 427 g/t Au in a grab sample, with 11 of 64 samples above 3 g/t Au and four above 34 g/t Au. Highest grades came from the Pit and ELA occurrences, with silver up to 111 g/t Ag. A permit application has been initiated that could enable drilling as early as Q2 2026. The property carries a 2% NSR held by Summit Royalties, with a 1% buy-back to Eagle Plains.
Drill resultsEagle Plains Announces Fully Funded Drill Program at the George Lake Critical Metals Project, Saskatchewan
A 2026 diamond drill program of approximately 1,650m is planned at the 100%-owned George Lake critical metals project, 280km north of La Ronge, Saskatchewan, with drilling expected to start in late January. The first phase will test the sedex stratigraphy hosting the George Lake deposit in 200m step-outs from historical intersections such as 8.0m of 6.96% Zn, 1.42% Pb and 5.91 g/t Ag. The project is eligible for Saskatchewan's TMEI incentive of up to $150,000 toward drilling costs.
Drill results
202539 releases
Eagle Plains Shareholders Approve all Matters at Annual General Meeting
Shareholders of Eagle Plains Resources approved all matters at the Annual and Special Meeting held December 19, 2025 in Cranbrook, BC, including the election of directors Charles C. (Chuck) Downie, Timothy J. Termuende, Jesse T. Campbell, Glen J. Diduck, William R. (Bill) Bennett and Paul Reynolds, the appointment of Crowe MacKay LLP as auditors, and renewal of the Stock Option Plan. The Company holds ~$8.1M cash, over $2,400,000 in investments, ~$1,500,000 in real estate and hard assets, and no debt.
CorporateEagle Plains’ Partner Refined Energy Corp. Approves 2026 Drill Program for the Dufferin West Project, Saskatchewan
Partner Refined Energy Corp. has approved a 2026 Phase I exploration program at Eagle Plains' 100%-owned Dufferin West property in Saskatchewan, with a budget of approximately $1.7 million, including ground gravity and electromagnetic surveys and 3 drill holes totalling roughly 1200 metres testing two conductors, managed by TerraLogic Exploration Inc. and planned to start in the first quarter of 2026. Refined can earn up to 75% of the 10,140ha Dufferin Project. Separately, Apogee Minerals Ltd. has decided not to proceed with its option on Eagle Plains' Pine Channel gold project, effective December 17, 2025.
Drill resultsEagle Plains Reports up to 29.9 g/t Au over 1.8m at the Bulldog Gold – Silver Project, Golden Triangle, BC
A 1.8m rock chip sample at the High Grade workings on the Bulldog property, 11km SW of Stewart, British Columbia, returned 29.9 g/t Au, 22.6 g/t Ag and 0.2% Cu, with a second sample 50m NW returning 17.7 g/t Au and 26 g/t Ag. A grab sample from a recently de-glaciated shear zone returned 122 g/t Ag, 1.7% Cu and 0.7% Zn, and another returned 2.4 g/t Au from a new mineralized horizon. The 1890 ha project is 100% owned and available for option.
Drill resultsEagle Plains Partner Earthwise Samples up to 13.4 g/t Gold and 27.2 g/t Silver during Summer Field Program at the Iron Range Gold Project, British Columbia
Results from 2025 fieldwork by option partner Earthwise Minerals Corp. at Eagle Plains' 100%-owned 20,021 ha Iron Range Project near Creston, British Columbia returned a best grab sample, KBBIRR004, of 13.4 g/t Au, 27.2 g/t Ag, >10,000 ppm As and 2.7% Pb at the Pyromorphite Zone, with composite sample TYIRD001 grading 2.3 g/t Au. Soil lines at the DIP target returned 28.2, 59.8 and 180.0 ppb Au over 50m, and Star West returned 440 ppb Au. The program collected 531 soils, 15 rocks and 5 heavy mineral concentrates; Earthwise holds an option for up to 80%.
Drill resultsEagle Plains Partner Xcite Resources Commences Airborne Geophysical Surveys at Uranium City Area Projects, Saskatchewan
Survey equipment has been mobilized to begin 697 line-km of helicopter-borne geophysical surveying using Geotech's VTEM Plus system across Eagle Plains' 100%-owned Beaver River, Black Bay, Don Lake, Gulch, Lorado and Smitty projects in the Uranium City area of Saskatchewan, split between the six projects and including infill lines and new areas. The work is being conducted by option partner Xcite Resources Inc., which can earn 80% in each project by spending CDN$3,200,000, issuing 750,000 shares and paying CDN$55,000 over four years.
Drill resultsEagle Plains Announces Sale Agreement for Rusty Springs Property, YT
A purchase and sale agreement dated October 29, 2025 with private BC company Blackcomb Silver Corp. transfers a 100% interest in Eagle Plains' Rusty Springs silver-lead-zinc-copper project in Yukon in exchange for 5 million Blackcomb common shares. Eagle Plains retains a 0.5% NSR on its current claims and a 1.5% NSR on 343 claims staked by Blackcomb, 0.5% of which Blackcomb may buy for $1,000,000. A further 5 million shares are payable on delivery of an inferred resource of at least 80 million silver equivalent ounces.
AcquisitionEagle Plains Partner Sun Summit Completes 2025 Program at the Theory Project, Toodoggone District, BC
Sun Summit Minerals has completed the 2025 field program at Eagle Plains' 9,676-hectare Theory copper-gold project in BC's Toodoggone Mining District, collecting 257 rock grab samples, 417 soil samples and 27 silt samples, with geochemical and assay results pending. Work included data compilation, remote sensing and mapping, identifying the new ~3 km Saboteur Zone of chalcopyrite, bornite and chalcocite mineralization, over 150 m of continuous barite vein exposure up to 4 m thick at Fred-DM, and epithermal-style alteration at STIK1.
Drill resultsEagle Plains Announces Agreement with Kodiak for the Ketch and Portland Properties, Nicola District, BC
Kodiak Copper Corp. will purchase a 100% interest in the Ketch and Portland projects under a property purchase agreement dated October 10, 2025, for an aggregate price of 300,000 Kodiak shares. Eagle Plains will retain a 2% net smelter return royalty, with Kodiak able to buy back 1% for $1.75 million. The 1,210 ha Ketch and 104 ha Portland properties lie in South-Central British Columbia, 37 km north-northwest of Princeton, contiguous with Kodiak's MPD Project. The agreement requires TSX Venture Exchange approval.
AcquisitionEagle Plains Partner Apogee Completes Field Program at Pine Channel Gold Project, Northern Saskatchewan
Apogee Minerals Ltd. has completed a prospecting and geological mapping program at Eagle Plains' 100%-owned Pine Channel gold property, about 40 km west of Stony Rapids, Saskatchewan, collecting 64 rock samples over 6 days; assay results are pending. Apogee holds an option to earn an 80% interest by incurring CAD $3,000,000 in exploration expenditures, issuing 2,200,000 shares and paying $150,000 over five years. Eagle Plains also granted 1,830,000 incentive stock options at $0.21, expiring October 14, 2030.
Drill resultsEagle Plains Completes Work at Newly Assembled Hearne Hill South Project in Highly Prospective Babine Copper-Gold Porphyry District
Field work has been completed at the newly assembled Hearne Hill South copper-gold porphyry project, a 4,656 ha road-accessible property 70 km NE of Smithers, British Columbia, in the Babine Porphyry district, held 100% by Eagle Plains with no underlying royalties. Work included over 32 line-kilometres of soil geochemical sampling at ~50 m spacing, 12 rock samples, and a 286 line-kilometre airborne magnetic survey at 100 m spacing completed in late January 2025. Analytical results and interpretation are pending.
Drill resultsEagle Plains Reports 2025 Results at Black Diamond Antimony and Precious Metal Project and Applies for Additional Tenure
Results from a one-day 2025 field program at the 866 ha Black Diamond property, 35 km west of Invermere, British Columbia, included a float sample from a Charlemont North trench grading 3,350 g/t Ag, 4.1% Cu, 1.3% Pb, 1.4% Zn and 2.9% Sb, and a sample at the Silver Spray adit mouth returning 1.2 g/t Au, 853 g/t Ag, 1.0% Cu, 15.6% Pb and 0.7% Sb. Twelve rock and 42 soil samples were collected, with a 50 m multi-element soil anomaly identified. Eagle Plains has applied for an additional 557 ha of contiguous tenure.
CorporateEagle Plains’ Partner Sun Summit Minerals Commences Fieldwork at the Theory Project, Toodoggone District, BC
Exploration crews have mobilized for 2025 fieldwork at the 9,676-hectare Theory copper-gold project in BC's Toodoggone Mining District, under an option agreement allowing partner Sun Summit Minerals to earn up to 100% interest. The program will use prospecting, geological mapping, geochemical sampling and remote sensing to identify drill targets, following up on a 2024 airborne geophysical survey, with a budget exceeding the minimum required 2025 expenditures of $200,000. Eagle Plains will operate, with work completed by TerraLogic Exploration.
Drill resultsEagle Plains Highlights Intrusion Related Gold Potential at Dragon Lake Project, YT
An update on the 100%-owned, 893 ha Dragon Lake gold project, 85 km northeast of Ross River, Yukon, summarizing historical results including trenching of 1.2 g/t Au over 15m, 6.7 g/t Au over 4.0m and 2.8 g/t Au over 6.0m, and drilling of 2.14 g/t Au over 10.2m and 0.56 g/t Au over 11.54m. The property hosts Tombstone Suite intrusive rocks and untested soil geochemical anomalies up to 400m x 700m. Last work on the property was in 2011.
Drill resultsEagle Plains Announces Agreement for Saunders and Nub Properties, Increases BC Royalty Portfolio, Toodoggone District, BC
Hi-View Resources Inc. will purchase a 100% interest in the Saunders and Nub projects in BC's Toodoggone District under a property sale agreement dated August 11, 2025, for an aggregate price of CAN$70,000 cash, 350,000 Hi-View shares and a 3% Net Smelter Royalty to Eagle Plains. The properties, located about 300km northeast of Smithers and 30km north of the Kemess mine, cover 209.6 ha and 873.9 ha respectively, with historical samples at Saunders North reporting up to 1.42 g/t Au and 11.7 g/t Ag.
AcquisitionEagle Plains Increases Saskatchewan Gold Royalty Portfolio, Issues Incentive Options
Trident Resources Corp. will purchase a 100% interest in four non-core claim blocks totalling 16,245 ha in Saskatchewan's La Ronge Gold Belt for cash consideration of $14,730, with Eagle Plains retaining a 2% net smelter royalty on all claims. The properties are contiguous with Trident's land holdings in the area. Eagle Plains also granted incentive stock options on 2,270,000 shares at an exercise price of $0.18, expiring August 8, 2030, subject to shareholder and regulatory approvals.
AcquisitionEagle Plains’ Partner Sun Summit Minerals Approves 2025 Exploration Plan for the Theory Project, Toodoggone District, BC
Partner Sun Summit Minerals Corp. has approved the 2025 exploration plan at the 9,676-hectare Theory copper-gold project in the Toodoggone Mining District, north-central British Columbia, with a budget exceeding the minimum required 2025 exploration expenditures of $200,000. The program will use prospecting, geological mapping, geochemical sampling and remote sensing to identify drill targets, following a 2024 airborne geophysical survey. Eagle Plains, which owns the property 100%, will operate; work by TerraLogic Exploration is expected to begin in late August and continue into September.
Drill resultsEagle Plains Announces Conditional Approval of Warrant Expiry Extension
Conditional approval has been received from the TSX Venture Exchange to amend the term of 2,220,750 outstanding common share purchase warrants issued under a non-brokered private placement completed in August 2023. The warrants currently expire August 2, 2025, and Eagle Plains has applied to extend the expiry by 12 months to August 2, 2026. The exercise price of 30 cents per warrant and the acceleration clause, triggered at a closing price of $0.50 or more for 20 consecutive trading days, remain unchanged.
CorporateEagle Plains Announces Conditional Approval of Warrant Expiry Extension and Additional Application to Extend Warrant Expiry
The TSX Venture Exchange has conditionally approved an amendment to the term of 3,785,529 common share purchase warrants issued in a July 2022 non-brokered private placement, with the expiry extended 12 months from July 11, 2025 to July 11, 2026 at an unchanged 25-cent exercise price and acceleration clause. Eagle Plains has also applied to extend 2,220,750 warrants from the August 2023 placement from August 2, 2025 to August 2, 2026 at an unchanged 30 cents.
CorporateEagle Plains Partner Earthwise Commences Fieldwork at the Iron Range Gold Project, British Columbia
Earthwise Minerals Corp. has mobilized crews for 2025 fieldwork at Eagle Plains' 100%-owned 21,437ha Iron Range Project near Creston, British Columbia. The two-phase program will follow up soil, till and geophysical targets in the Talon Zone area, map structural splays of the Iron Range Fault, and begin at the Pyromorphite Zone, where historic grab samples returned 27.0 g/t Au, 173.0 g/t Ag and 13.4% Pb, and 54.7 g/t Au, 42.2 g/t Ag and 2.8% Pb. Earthwise can earn 70% by paying CA$250,000, issuing 1,500,000 shares and funding CA$4,000,000 in exploration over four years, including $200,000 in 2025, and 80% via a further CA$1,000,000 payment and a bankable feasibility study.
Drill resultsEagle Plains and Ya’thi Néné Lands and Resources Add George Lake Project to Exploration Agreement
The George Lake Project in Saskatchewan has been added to the existing Exploration Agreement between Eagle Plains Resources and the Ya'thi Néné Lands and Resource Office, which represents the Athabasca Denesułiné First Nations of Hatchet Lake, Black Lake and Fond du Lac and several northern communities. The agreement provides for employment and training, contracting with northern businesses, contributions to YNLR's community trust, harvester compensation, and on-site oversight by YNLR Community Land Technicians. Eagle Plains holds a 100% interest in George Lake, subject to a 2% royalty held by Eagle Royalties Ltd.
CorporateEagle Plains and Xcite Amend Uranium City Option Agreements
Six amending agreements dated June 30, 2025 between Eagle Plains Resources and Xcite Resources postpone the December 31, 2024 cash payments totalling $60,000 and work commitments totalling $300,000 under the option agreements on Xcite's Athabasca uranium property portfolio to September 30, 2025. Xcite will issue 150,000 common shares to Eagle Plains as consideration, subject to a four month hold period. The six projects — Beaver River, Black Bay, Don Lake, Gulch, Larado and Smitty — are in the Beaverlodge District near Uranium City, Saskatchewan.
AcquisitionEagle Plains Partner Refined Energy Files 43-101 Report on Dufferin Project with Recommendations for Drill Program at Dufferin West Targets
Option partner Refined Energy Corp. has filed an NI 43-101 technical report on the Dufferin Project in Saskatchewan's Athabasca Basin, recommending a drill program of at least four holes and 1,250 metres at the Dufferin West targets, budgeted at $2,062,500. The two untested conductor targets lie beneath sandstone cover estimated at less than 200 m. Refined can earn up to 75% of the 10,140 ha project; Eagle Plains also reported that Annacotty Resources Corp. terminated its option on the Donna property in BC.
Study resultsEagle Plains Announces Application to Extend Warrant Expiry
An application has been made to the TSX Venture Exchange to extend the expiry date of 3,785,529 common share purchase warrants, issued in connection with a non-brokered private placement completed in July 2022, by an additional 12 months from July 11, 2025 to July 11, 2026. The exercise price of 25 cents per warrant and the acceleration clause, triggered if the closing price is at or above $0.50 for 20 consecutive trading days, remain unchanged.
CorporateFieldwork Commences on Eagle Plains’ Black Diamond Antimony and Precious Metal Project
Fieldwork has begun on the 866-hectare, road-accessible Black Diamond property, 35km west of Invermere, British Columbia, which is 100% owned by Eagle Plains subject to a 2% NSR held by Eagle Royalties with a 1% buy-back. The 2025 program, managed by TerraLogic Exploration Inc., will focus on the southern Silver Spray Zone with soil sampling and prospecting along the Black Diamond structure and splays, targeting antimony and precious metals, and will follow up LiDAR-identified topographic anomalies.
Drill resultsEagle Plains and Tana Resources Execute Option Agreement for the MPW Copper-Gold Project, British Columbia
Tana Resources has been granted an option, dated June 5, 2025, to acquire up to 75% of Eagle Plains' wholly-owned 7,407 ha Mount Polley West copper-gold project, located 54 km north-northeast of Williams Lake, British Columbia, adjacent to Imperial Metals' Mount Polley property. The First Option for 60% requires CA$250,000 in cash, 2,750,000 shares and CA$3,000,000 in exploration over four years, including $75,000 in 2025; a further 15% requires a bankable feasibility study by December 31, 2031. Historical trenching returned 1.12% Cu over 35m, including 7.12% Cu over 5m.
AcquisitionEagle Plains Clarifies OTCQB Venture Market Listing Symbol
Eagle Plains Resources issued a correction to its June 05, 2025 news release, stating that its new trading symbol on the OTCQB Venture Market is EGPLF, not EGLPF as previously reported. The company remains listed on the TSX-V under EPL.
CorporateEagle Plains Announces Uplisting to OTCQB Venture Market
Eagle Plains Resources' common shares have been approved to uplist from the OTC Pink market to the OTCQB Venture Market, effective at market open on June 5, 2025, trading under the symbol EGLPF. The company's primary listing remains on the TSX Venture Exchange under the symbol EPL.
CorporateEagle Plains Mobilizes Crews for 2025 Field Season
Two field crews have been mobilized to central British Columbia to begin the first phase of Eagle Plains' 2025 work programs, with fieldwork anticipated on a minimum of 23 projects funded by approximately $400,000 from Eagle Plains plus a forecast $1.2M from option partners. Programs managed by Terralogic Exploration will focus in May–June on alkalic porphyry copper-gold and epithermal gold targets in the Quesnellia and Stikinia Terranes, including Lost Horse, Acacia, Black Diamond and Jake, with later season work split between BC and Saskatchewan.
Drill resultsEagle Plains Provides Update on Saskatchewan Gold and VMS Projects
An update on four wholly owned, royalty-free projects in the La Ronge region of northeastern Saskatchewan, all available for option: the 7,852 ha Campbell Lake property, staked adjacent to Ramp Metals' Rottenstone SW project and not yet worked by Eagle Plains; the 2,741 ha Cook project, where 2023 grab samples returned 9.01 g/t, 10.8 g/t and 67.7 g/t Au with 0.19% Pb from untested veins; the 1,266 ha Elizabeth Lake Cu-Ag VMS deposit with historical intercepts including 53.4 m at 0.65% Cu and 9.0 g/t Ag; and the 834 ha Joey property, where 1988-89 drilling returned 28.2 g/t Au over 1 m.
CorporateEagle Plains Resources and SKRR Exploration Provide Update on the Olson Gold Project
Planning is underway for a 2025 work program at the 12,951-hectare Olson gold project in Saskatchewan, held 25% by Eagle Plains Resources and 75% by SKRR Exploration, located 20km northwest of Deschambault Lake and 80km south of SSR Mining's Seabee Gold Operation. Since optioning the property in 2019, SKRR has drilled 6,522m in 40 holes. Past highlights include 39.80m @ 1.09 g/t Au at the Point Zone, 29.44m @ 1.30 g/t Au at the Olson Zone and 50.35m @ 0.56 g/t Au at Michael's Lake.
CorporateEagle Plains Partner Earthwise Completes Data Review of the Iron Range Gold Project, British Columbia
Option partner Earthwise Minerals Corp. has completed a data review of the 21,437ha Iron Range gold project near Creston, British Columbia, and is planning a 2025 field season targeting historic soil geochemical and till anomalies in the Talon Zone area and along splays of the Iron Range Fault. Earthwise can earn 70% by paying CA$250,000, issuing 1,500,000 shares and funding CA$4,000,000 in exploration over four years, including $200,000 in 2025, then 80% via CA$1,000,000 and a bankable feasibility study.
NewsEagle Plains and Sun Summit Minerals Execute Option Agreement for the Theory Copper-Gold Project, British Columbia
An option agreement dated February 13, 2025 grants Sun Summit Minerals the exclusive right to acquire up to 100% of Eagle Plains' 9,676 ha Theory copper-gold project in B.C.'s Toodoggone Mining District. The first option, for 75%, requires CA$255,000 in cash payments, 750,000 shares and CA$3,000,000 in exploration expenditures over four years, including drilling in years three and four. A further CA$1,000,000 payment, half payable in shares, would take Sun Summit to 100%, with Eagle Plains retaining a 2% NSR. Minimum 2025 expenditures are $200,000.
AcquisitionEagle Plains and Partner Refined Energy Receive Permit for Drilling at Dufferin West Uranium Property, Saskatchewan
A permit for work including diamond drilling at the 100%-owned Dufferin West Property has been received from the Saskatchewan Ministry of Environment, with a drill program being planned for the highest-priority targets. Partner Refined Energy Corp. is advancing three priority target areas identified from VTEM and magnetic data adjacent to the Virgin River shear zone, where sandstone cover is estimated at less than 200 metres and no drilling has been done. Refined can earn up to 75% of the 10,140ha Dufferin Project.
CorporateEagle Plains and Earthwise Minerals Execute Option Agreement for the Iron Range Gold Project, British Columbia
Earthwise Minerals Corp. has been granted an option, under an agreement dated February 26, 2025, to acquire up to an 80% interest in Eagle Plains' wholly-owned 21,437ha Iron Range gold project near Creston, British Columbia. The First Option grants 70% for CA$250,000 cash, 1,500,000 common shares and CA$4,000,000 in exploration expenditures over four years, including $200,000 in 2025. A further 10% requires CA$1,000,000 and a bankable feasibility study before the eighth anniversary. Eagle Plains will act as Operator and receive a 2% smelter returns royalty.
AcquisitionEagle Plains Announces Letter of Intent with Earthwise Minerals for Option of the Iron Range Project, British Columbia
A non-binding letter of intent has been signed with Earthwise Minerals Corp. (CSE: WISE) for an option on Eagle Plains' wholly-owned 21,437ha Iron Range Gold project near Creston, British Columbia. Earthwise can earn 70% by spending CDN $4,000,000 on exploration over four years, including $200,000 in 2025, paying CDN $250,000 cash and issuing 1,500,000 shares, then a further 10% for CDN $1,000,000 and a bankable feasibility study. Eagle Plains would retain a 2.0% NSR and act as operator; a formal agreement is expected within 45 days.
AcquisitionEagle Plains Partner Xcite Resources Reports Results From Fieldwork at the Uranium City Area Projects, Saskatchewan
Fieldwork results have been received by partner Xcite Resources from the Beaver River, Black Bay, Don Lake, Lorado and Smitty projects in the Beaverlodge District near Uranium City, Saskatchewan. Thirty-six field stations were recorded and six sampled at ALS Laboratories, returning up to 1.792% U3O8, 6.72 g/t Ag and 183 ppm Cu (BB-QP-01), with 0.131% U3O8 and 789 ppm Cu at BU-QP-01 and 0.116% U3O8 at SM-QP-01. Eagle Plains also terminated the Iron Range option agreement with a private Alberta company for default.
Drill resultsEagle Plains Partner Refined Energy Identifies Uranium Targets at Dufferin North Uranium Property, Saskatchewan
Four priority uranium target areas have been identified at the Dufferin North property in Saskatchewan's Athabasca Basin by Condor Consulting Inc., using archived airborne gravity, magnetic and MEGATEM electromagnetic data. A MobileMT airborne survey flown in fall 2024 by Expert Geophysics Ltd. covered 123 line kilometres over two of the four target zones before being abandoned due to weather, with interpretation underway. Partner Refined Energy Corp. can earn up to 75% of the 10,140ha Dufferin Project from Eagle Plains.
Drill resultsEagle Plains Announces Letter of Intent with Sun Summit Minerals for the Theory Copper-Gold Project, British Columbia
A non-binding letter of intent has been signed with Sun Summit Minerals Corp. covering an option for Sun Summit to acquire up to 100% of Eagle Plains' 9,676 ha Theory copper-gold project in B.C.'s Toodoggone Mining District. Sun Summit may earn 75% over four years through CDN$3,000,000 in exploration expenditures, CDN$250,000 cash and 750,000 shares, then a further 25% for CDN$1,000,000. Eagle Plains would retain a 2.0% NSR; a definitive agreement is expected within 90 days.
AcquisitionEagle Plains Partner Refined Energy Identifies Uranium Targets at Dufferin West Uranium Property, Saskatchewan
Three priority target areas with signatures consistent with potential uranium deposits were identified at the 100%-owned Dufferin West Property in Saskatchewan, based on Condor Consulting Inc.'s interpretation of archived VTEM and magnetic data. The highest priority target, adjacent to the Virgin River Shear Zone, has never been drill-tested and has estimated sandstone cover of less than 200m; Refined Energy Corp is planning a drill program to test it. Refined holds an option to acquire up to 75% of the 10,140ha Dufferin Project.
Drill results
202428 releases
Eagle Plains Shareholders Approve all Matters at Annual General Meeting
Shareholders approved all matters at the Annual and Special Meeting held December 16, 2024 in Cranbrook, BC, electing Charles C. Downie, Timothy J. Termuende, Jesse T. Campbell, Glen J. Diduck, William R. Bennett and Paul Reynolds as directors, appointing Crowe MacKay LLP as auditors, and passing a resolution renewing the Stock Option Plan. The Company holds approximately $8.2M cash, over $1,200,000 in investments and approximately $1,500,000 in real estate and hard assets, with no debt.
CorporateEagle Plains Announces the Sale of the Slocan Graphite Project, British Columbia
Eagle Plains Resources has agreed to sell its 100%-owned Slocan Graphite Project in British Columbia to Ontario-based private company Weaver Energy Corp. under a purchase and sale agreement effective December 6, 2024. Consideration is $150,000 cash plus a 0.5% net production royalty to Eagle Plains; the claims also carry an underlying 2% NPR royalty held by Eagle Royalties Ltd. The project lies 28 km north of Castlegar and comprises 14 mineral claims covering 2,888 ha.
AcquisitionEagle Plains Reports up to 76.30 g/t Gold at Snowstorm Project and Significantly Increases Land Package
Results from the 2024 field program at the 100%-owned Snowstorm property, 45km east of Nakusp, British Columbia, included Pine Tree vein float sample KBSWR014 grading 76.30 g/t Au, 56.30 g/t Ag and 30.30% Pb, and Snowstorm trench float sample KBSWR015 at 2.64 g/t Au, 174.00 g/t Ag, 13.55% Pb and 0.16% Zn. Vein-hosted Au-Ag-Pb mineralization was confirmed over a 1.7km strike length. Additional claims were staked, expanding the property to 2,084 ha.
Drill resultsEagle Plains and Ya’thi Néné Lands and Resources Announce Exploration Agreement
An Exploration Agreement has been signed with the Ya'thi Néné Lands and Resources Office, representing the Athabasca Denesułiné First Nations of Hatchet Lake, Black Lake and Fond du Lac, the Northern Hamlet of Stony Rapids, and the Northern Settlements of Uranium City, Wollaston Lake and Camsell Portage. The agreement covers six projects in the Lake Athabasca region — Gulch, Lorado, Beaver River, Black Bay, Don Lake and Smitty — which are under option to Xcite Resources Inc. It provides for employment and training, northern business contracting, community trust contributions, harvester compensation, and on-site oversight by YNLR Community Land Technicians.
CorporateEagle Plains Partner Refined Energy Commences Work Programs and Adds Additional Claims at Dufferin Lake Uranium Project, Saskatchewan
Refined Energy Corp has begun 2024 work on Eagle Plains' 100%-owned Dufferin uranium project in Saskatchewan, including an airborne MobileMT geophysical survey at Dufferin North and interpretation and 3D inversion modelling of historical geophysical data at Dufferin West and North. The partners also acquired an additional 2,837 hectares at Dufferin West, expanding the project to 10,140 hectares. Refined holds an option to acquire up to 75% through staged cash payments, share issuances and exploration expenditures to December 31, 2028.
NewsEAGLE PLAINS ANNOUNCES RENEWABLE ENERGY SUBSIDIARY
A wholly-owned renewable energy subsidiary, Osprey Power Inc., has been formed to identify and advance clean energy projects across Canada, with an initial focus on solar and wind in Western Canadian markets. Osprey Power, based in Cranbrook, B.C., will be led by Jared Sproule, B.Sc., who has over 17 years of experience in wind, solar, hydro, energy storage and transmission project development. Eagle Plains will continue its core mineral exploration business and is providing start-up financial support.
CorporateEagle Plains Completes 2024 Fieldwork, Receives Drill Permit at Adamant REE Project, British Columbia
2024 fieldwork has been completed at the 100%-owned Adamant rare earth property, 10,080 ha located 80 km NE of Revelstoke, British Columbia, generating 23 rock samples, 2 stream-silt samples and scintillometer traverses; assays are pending. The BC Ministry of Energy, Mines and Low Carbon Innovation has approved a Multi-Year Area Based Permit covering geophysics, mechanical trenching and diamond drilling. Eagle Plains is seeking a partner for the project, which meets qualifying transaction requirements for CSE and TSX.V listings.
Drill resultsEagle Plains Partner Apogee Completes Airborne Geophysical Survey at Pine Channel Gold and Shasko Bay Uranium Projects, Northern Saskatchewan
Airborne geophysical surveys have been completed by option partner Apogee Minerals on Eagle Plains' 100%-owned Pine Channel Property in northern Saskatchewan, about 40 km west of Stoney Rapids. The work included a 267-line-kilometre helicopter-borne magnetic survey at 75 m line spacing at Pine Channel, which identified ten new prospective trends, and 148 line kilometres of infill high-resolution airborne EM and magnetic data at Shasko Bay, where an exploration permit valid to March 1, 2026 has been received. Apogee can earn 80% (less 2% NSR) by spending CAD $3,000,000, issuing 2,200,000 shares and paying $150,000 over five years.
Drill resultsFieldwork Commences on Eagle Plains’ Snowstorm Gold Project
Fieldwork has begun on the 100%-owned Snowstorm property, a 1,026 ha polymetallic vein project 45km east of Nakusp, British Columbia, with exploration managed by TerraLogic Exploration Inc. of Cranbrook. The property covers six BC Minfile occurrences worked extensively from 1925-1930; historical grab samples include 27.5 g/t gold, 1,083 g/t silver and 56.2% lead at Silver Sparrow, and 144 g/t gold at Lakeview. No historical drilling has been reported, and Eagle Plains intends to assess bulk-tonnage potential.
Drill resultsEagle Plains Bids Farewell to a Visionary - “A Life Well Lived”
Robert (Bob) Termuende, a founder of Eagle Plains Resources and a shareholder of the company, has passed away at age 94. He earned a bachelor's degree in geological sciences at the University of British Columbia, founded Rio Alto Exploration in 1970 and Kenton Natural Resources in the early 1980s, and in 1992 co-founded Eagle Plains Resources and Miner River Resources with his son Tim, retiring upon their 1999 amalgamation.
NewsEagle Plains Provides Update on Lost Horse Copper-Gold Project / Announces Termination of Agreement With 1416753 B.C. Ltd
The option agreement with 1416753 B.C. Ltd. covering the Acacia, Finlith, Lost Horse, Surprise and Toodoggone projects has been terminated after 1416753 defaulted on its performance requirements. At the 3,759ha Lost Horse copper-gold property in south-central British Columbia, 99 km north of Kamloops, Eagle Plains has received a 5-year MYAB permit allowing trenching and diamond drilling, and TerraLogic Exploration completed a 2024 program of mapping, prospecting, till and soil sampling, with results pending. The property is 100% owned, subject to a 0.5% NSR, and available for option.
CorporateEagle Plains Completes Airborne Geophysical Survey at Theory Copper-Gold Project in the Toodoggone District
A property-wide high resolution airborne magnetic and radiometric survey has been completed at the 9,156 ha Theory copper-gold project in British Columbia's Toodoggone Mining District, with Precision GeoSurveys collecting approximately 1000 line kilometres of data at 100m line spacing. The survey also covers the 520 ha Gold Mountain Project about 3 km east of the main Theory claim block. Interpretation will begin once final deliverables are received; the program is managed by Terralogic Exploration Inc. The project is 100% owned and available for option.
Drill resultsEagle Plains Launches New Website
An updated corporate website at www.eagleplains.com has been launched, with new project filters, an investor overview page, an updated corporate presentation and a redesigned news page. The release also notes that Eagle Plains and Amaroq Gold Corp. amended the option agreement on EPL's 100%-owned Findlay Project in British Columbia, extending the due dates for certain cash payments to June 30, 2025 and exploration expenditures to December 31, 2025. Amaroq issued an additional 200,000 common shares to Eagle Plains for the extension.
CorporateEagle Plains Provides Overview of 2024 Exploration Plans
Exploration is planned on 26 projects in British Columbia and Saskatchewan for the 2024 season, targeting Au, Ag, Cu, U, Zn, Pb and REEs, with 13 projects entirely funded by option partners. Xcite Resources plans ground exploration at six Uranium City area projects, and Refined Energy Corp. plans an airborne MT survey at Dufferin West and Dufferin North. Eagle Plains-funded work includes airborne geophysics at Theory and Gold Mountain and geochemical surveying at Mount Polley West; results are pending for completed programs.
Drill resultsEagle Plains Announces Conditional Approval of Warrant Expiry Extension
Conditional approval has been received from the TSX Venture Exchange to amend the term of 3,785,529 outstanding common share purchase warrants issued under a non-brokered private placement completed in July 2022. The warrants currently expire July 11, 2024, and Eagle Plains has applied to extend the expiry by 12 months to July 11, 2025. The exercise price of 25 cents per warrant and the acceleration clause remain unchanged.
CorporateEagle Plains Commences Mount Polley West Field Program
Crews have mobilized to Eagle Plains' 100%-owned, 9,663 ha Mount Polley West gold-copper project in south-central British Columbia, 54 km north-northeast of Williams Lake, adjacent to Imperial Metals' Mount Polley property and Osisko Development's past-producing QR Deposit. The 2024 program, managed by TerraLogic Exploration, will increase till sampling density in the central part of the property, up-ice from anomalous 2023 till results and over overlapping radiometric and magnetic anomalies. Historical trenching returned 1.12% Cu over 35m, including 7.12% Cu over 5m. The project is available for option.
Drill resultsEagle Plains and Xcite Provide Update on Black Bay Uranium Project
Results from a historical data compilation on the 1,114 ha Black Bay uranium project, 10.9 km southeast of Uranium City, Saskatchewan, include historical trench samples of 6.51% U3O8, 3.78% U3O8 and 3.62% U3O8 over 0.3 m, and drilling of 0.66% U3O8 over 0.3 m. The tenures cover the past-producing Black Bay Mine and five additional uranium occurrences, and interpretation of the compiled data will form recommendations for 2024 fieldwork. Black Bay is one of six Eagle Plains uranium properties optioned to Xcite Resources, which may earn 80% by spending CDN$3,200,000 per project.
CorporateEagle Plains Appoints New Chief Financial Officer, Issues Options
Robert (Bob) Doyle has been appointed Chief Financial Officer of Eagle Plains Resources, replacing Glen J. Diduck, who retires effective May 31st and will remain on the Board of Directors. The appointment is subject to regulatory approval. Doyle is Senior VP at Pacific Opportunity Capital Ltd. The Company also granted incentive stock options to directors, employees and key consultants for a total of 1,230,000 shares at an exercise price of $.17 per share, expiring June 03rd 2029, subject to shareholder and regulatory approvals.
ManagementEagle Plains and Xcite Provide Update on Lorado Uranium Project
Results of a data compilation on the 643ha Lorado uranium project, 9.5 km southwest of Uranium City, Saskatchewan, have been received, with recommendations to follow for 2024 fieldwork. Highlights include three uranium showings, historical chip samples up to 0.793% U3O8 over 1.9 metres outside the mine area, and overlapping airborne EM and gravity anomalies coincident with major structures that have never been drill-tested; the historical Lorado mine reportedly produced 95,000 tonnes grading 0.19% U3O8 from 1957-1960. Lorado is one of six 100%-owned Eagle Plains uranium properties under option to Xcite Resources. Separately, option partner Refined Energy Corp.
CorporateEagle Plains and Xcite Provide Update on Don Lake Uranium Project
Results of a data compilation on the Don Lake uranium project, 4 km NE of Uranium City, Saskatchewan, have been received by Eagle Plains and Xcite Resources, and will lead to recommendations for 2024 fieldwork. The 524 ha road-accessible property hosts six uranium showings, with historical drilling returning up to 10.7% U3O8 over 0.3m and 2.14% U3O8 over 0.67m. Don Lake is one of six Eagle Plains uranium properties under option to Xcite.
CorporateEagle Plains Completes Initial Compilation on Theory Copper-Gold Project in the Toodoggone District
An initial data compilation has been completed on the 9,156 ha Theory copper-gold project in the Toodoggone Mining District of British Columbia, acquired in late 2023 through staking and third-party agreements and held 100% by Eagle Plains, with 122 hectares subject to a 0.5% NSR. Historical results cited include 10.26 g/t Au and 44.79 g/t Ag over a 1.2 m width at the Fred 4 showing, and up to 6.80 g/t Au and 1,480 g/t Ag at Fred 1. The project is available for option.
NewsEagle Plains and Xcite Provide Update on Beaver River Uranium Project
Results from a historical data compilation on the Beaver River uranium project, 40km southeast of Uranium City, Saskatchewan, include historical trench chip assays up to 29.89% U3O8 and historical drill intersections of 0.18% U3O8 over 0.3m and 0.06% U3O8 over 0.61m, with a mineralized trend recognized over more than 1km. The 1455ha project is one of six Eagle Plains uranium properties optioned to Xcite Resources, which may earn 80% by spending CDN$3,200,000 per project. The compilation will guide 2024 fieldwork recommendations.
CorporateEagle Plains Acquires Elizabeth Lake Critical Metals Deposit
A 1,266 ha claim block covering the historic Elizabeth Lake Cu-Ag VMS deposit, 21 km north of La Ronge, Saskatchewan, has been acquired by staking and is 100% owned with no underlying royalties. Historical drilling totals 36 holes for 10,147 m, with intercepts including 53.4 m of 0.65% Cu and 9.0 g/t Ag in UV-5; historical estimates include 6,700,500 tons grading 0.68% Cu (not NI 43-101 compliant). Separately, Quartz Mountain Resources will acquire 100% of the Lone Pine claims near Houston, B.C. for 750,000 QZM shares, subject to a 2.0% NSR, and Canter Resources has terminated its option on the 3,261 ha Puzzle Lake property.
AcquisitionEagle Plains and Refined Metals Execute Option Agreement for the Dufferin Uranium Project
Refined Metals Corp. has been granted an option, dated February 26, 2024, to acquire up to a 75% interest in Eagle Plains' 100%-owned 6,424 ha Dufferin Project in Saskatchewan's Athabasca Basin. A 60% interest requires CA$275,000 in cash, 1,000,000 post-consolidated shares and CA$2,600,000 in exploration spending by December 31, 2026; a further 15% requires CA$500,000, 500,000 shares and CA$3,000,000 by December 31, 2028. Eagle Plains will be operator during the first option period and receive a 2% smelter return royalty, 1% repurchasable for CA$2,000,000.
AcquisitionEagle Plains and Xcite Expand Uranium City Uranium Projects
Two newly staked dispositions in the Uranium City area of northern Saskatchewan have been offered by Eagle Plains to Xcite Resources and accepted, expanding the Larado project by 398 ha to 643 ha and the Gulch project by 311 ha to 1,996 ha. Both fall within an Area of Mutual Interest under December 2023 option agreements allowing Xcite to earn up to 80% in six projects through CDN$19,200,000 in exploration expenditures, 4,500,000 shares and $330,000 cash. Eagle Plains retains a 2% NSR on each property.
NewsEagle Plains Increases Saskatchewan Uranium Portfolio to 40,050 Hectares
Staking on January 30, 2024 added ground to the Lorado, Gulch, Collins Bay Extension and Dianne Lake projects in Saskatchewan and created a new project at Richards Lake, bringing Eagle Plains' uranium portfolio to 18 wholly owned projects totalling 40,050 ha. An additional 6,643 ha has been acquired since November 8, 2023. The 1,317 ha Richards Lake project, 14 km south of Fond-du-Lac, has never been drill tested; the 4,101 ha Dianne Lake project returned two 2022 grab samples above 1% U3O8.
CorporateEagle Plains Reviews 2023 Drilling Results at Vulcan, Engages Sinn for Communications and Marketing
Final assays from a seven-hole, 4,253m (13,953') summer 2023 drill program at the 100%-owned Vulcan project, 30km west of the Sullivan deposit near Kimberley, BC, returned Sedex-style zinc-lead-silver intercepts including 28.85m of 0.17% Zn and 0.10% Pb from 501.65m in VU23001, 19.50m of 0.17% Zn and 0.15% Pb in VU23002, and 1.40m of 0.75% Zn and 0.27% Pb in VU23006. Mineralized fragmental now spans about 700m strike and 250m down-dip; a 5-year area-based permit application has been filed. Robert Sinn was retained as investor relations consultant for US$10,000 over 12 months effective January 1, 2024.
Drill resultsEagle Plains Announces Management Transition
Tim J. Termuende has resigned as President and CEO of Eagle Plains Resources and will become Executive Chairman, with Charles C. (Chuck) Downie, previously Vice-President, Exploration, appointed President and CEO. Jesse T. Campbell is expected to join the Board until the next annual meeting and will become Vice-President, Exploration following TSX Venture Exchange approval, while Michael Labach takes the Corporate Development position. Michelle McKeough becomes President of subsidiary TerraLogic Exploration Inc. and Jarrod Brown its Vice President.
Management
202341 releases
Eagle Plains Samples High Grade Gold at Cook (Au) Project, Northeastern Saskatchewan
Grab sampling in the 2023 program at the 100%-owned, 2,741 ha Cook gold project, 92 km northeast of La Ronge, northeastern Saskatchewan, returned up to 67.7 g/t Au and 0.19% Pb from in situ vein material, with other samples grading 9.01 g/t and 10.8 g/t Au and visible gold in a 10 cm wide vein. The property has never been drilled and veins remain open along strike. Eagle Plains plans 2024 soil sampling, prospecting and mapping.
Drill resultsEagle Plains and Xcite Execute Option Agreement for Multiple Athabasca Basin Uranium Projects
Six separate option agreements have been signed with Xcite Resources Inc. covering six uranium projects totalling 5,905 ha near Uranium City in northern Saskatchewan — Beaver River, Black Bay, Don Lake, Gulch, Larado and Smitty. Xcite can earn 80% in each property by spending CDN$3,200,000 on exploration, issuing 750,000 shares and paying CDN$55,000 over four years, aggregating CDN$19,200,000 in expenditures, 4,500,000 shares and $330,000 cash. Eagle Plains retains a 2% NSR on each property and will manage exploration programs.
AcquisitionEagle Plains Shareholders Approve all Matters at Annual General Meeting
Shareholders approved all matters at Eagle Plains Resources' Annual and Special Meeting held December 7, 2023 in Cranbrook, BC, electing directors Timothy Jay Termuende, Charles C. Downie, Glen J. Diduck, William Bennett and Paul Reynolds, appointing Crowe MacKay LLP as auditors, and passing a resolution renewing the Stock Option Plan. The Company holds approximately $8.5M cash, over $1,400,000 in investments and about $1,500,000 in real estate and hard assets, with no debt.
CorporateEagle Plains Provides Update on Government of Saskatchewan Airborne Geophysical Survey at George Lake
A Government of Saskatchewan airborne electromagnetic and magnetic survey, flown by Geotech Canada Inc. at 200m line spacing using the VTEM Max TDEM system, covered the entirety of Eagle Plains' George Lake critical metals project, 280km north of La Ronge, Saskatchewan. Results show a strong southwest-northeast trending EM conductor crossing the property, coincident with the George Lake deposit and only partially drill tested, plus weaker parallel conductors, the northern one coincident with the Spence Lake zone. Eagle Plains also terminated its option agreement on the Dictator property.
Drill resultsEagle Plains Acquires Additional Saskatchewan Uranium Projects, Engages Caesar Report for Communications and Marketing
Two new Saskatchewan uranium projects have been acquired: the 245 ha Larado, 10km south of Uranium City and covering the past-producing Larado Uranium Mine and Pitchie Uranium Zone, and the 849 ha Smitty, 3.5km west of Uranium City covering the historical Smitty Uranium Mine and Goldfields Uranium Occurrence. Eagle Plains now holds 100% of 17 Saskatchewan projects totalling 35,657 ha, up 7,000 ha (25%) in three months, all available for option. The company also engaged Caesars Report for one year of advertising and marketing from November 15, 2023 for CND $8,820.
AcquisitionEagle Plains Acquires Critical Metals Deposit in Southeastern British Columbia
Eagle Plains Resources has acquired, through BC Mineral Titles Online staking, an unencumbered 100% interest in the Sphinx molybdenum-tungsten deposit, a 230 ha road-accessible property about 60km west of Kimberley, British Columbia. The deposit has been defined by 38 holes totalling 10,686m, with a historical 2009 estimate by Moose Mountain Technical Services of 41,450,000 tonnes indicated grading 0.041% Mo and 37,180,000 tonnes inferred at 0.04% Mo, both at a 0.03% Mo cut-off. The company cautions these estimates are historical and not NI 43-101 compliant.
AcquisitionEagle Plains Increases Uranium Project Portfolio
Eagle Plains Resources now holds a 100% interest in 13 uranium projects totalling 34,563 ha in Saskatchewan, a 25% (7,000 ha) increase over the past three months, spanning the Patterson Lake South, Beaverlodge and Dufferin-Centennial camps. Recent acquisitions include Collins Bay Extension (2,174 ha), Dufferin North (3,124 ha) and the past-producing Gulch project (1,685 ha), where historical trenching at Lucy returned up to 0.37% U3O8 over 3m and grab samples up to 2.23% U3O8. Option partner Riverstick Resources has terminated its option on the 2,578 ha Dictator property in BC.
NewsEagle Plains Provides Update on Recent Uranium Project Acquisitions
Four uranium property acquisitions in northern Saskatchewan's Uranium City–Fond-du-Lac area of the Lake Athabasca region were detailed: Shasko Bay (2,571 ha), Black Bay (1,114 ha), Beaver River (465.3 ha) and Don Lake (524.1 ha), all 100% owned, with a 2% NSR held by Eagle Royalties Ltd. on Shasko Bay only. Historical, unverified results include grab samples of 27.62%, 36.30% and 29.70% U3O8 at Beaver River and 10.7% U3O8 over 0.3m at Don Lake. The company also corrected its August 24, 2023 warrant announcement: 1,476,000 warrants (not 1,526,000) are subject to a 12-month expiry extension to September 25, 2024 at 30 cents.
AcquisitionFieldwork Underway at Eagle Plains’ Findlay Critical Metals Project
Crews have mobilized to the 100%-owned Findlay Project, 35km NW of Kimberley, B.C., for surface mapping, prospecting and soil geochemical sampling in the Midfork and Tourmalinite Ridge areas, funded by Amaroq Gold Corp. Under the May 8, 2023 option agreement, Amaroq may earn 60% by spending $5,000,000 on exploration, issuing 1,800,000 common shares and paying $500,000 over four years, rising to 75% by delivering a feasibility study by 2030. Brunswick Exploration has terminated its option on the Hansen North lithium project in Saskatchewan.
Drill resultsEagle Plains Vends Uranium Dispositions in the Eastern Athabasca Basin to Standard Uranium, Extends Warrants
Eight mineral claims totalling 4,278 hectares contiguous with the Corvo Project in the Eastern Athabasca Basin, Saskatchewan, will be sold to a wholly-owned subsidiary of Standard Uranium Ltd. for 1,250,000 common shares and a 2.5% NSR royalty, with a 1% buydown available for $1,000,000. The expanded Corvo Project will total 7,989 hectares across ten claims with 14.5 km of exploration corridors. Eagle Plains also applied to extend 1,526,000 warrants, priced at 30 cents, to September 25, 2024.
AcquisitionEagle Plains Completes Summer Drilling Program at Vulcan Critical Metals Project, Southeast BC
Diamond drilling has been completed at the 100%-owned Vulcan critical metals project, 30km west of Kimberley, BC, with 4,256m (13,963') drilled in six holes since mid-June, including the 231.8m deepening of 2022 hole VU22004. Critical metal mineralization and sedex-style alteration was intercepted in all completed holes over significant widths, though not in economic concentrations. Hole VU23005 was abandoned at 39.6m due to misalignment. Borehole electromagnetic surveys were completed on three holes, with results pending, and geochemical results are outstanding.
Drill resultsEagle Plains/Partner Announce 2023 Field Program to Commence at the Surprise and Toodoggone Lithium Projects, BC
Field crews have mobilized to Eagle Plains' 100%-owned Surprise (4,491 ha, 40 km east-northeast of Atlin, BC) and Toodoggone (7,153 ha, 285 km north of Smithers, BC) lithium projects. Work by TerraLogic Exploration Services will use geological mapping, mineral identification and geochemistry to locate and assess pegmatites for lithium potential. Option partner 1416753 BC Ltd., a NevGold subsidiary, may earn 100% of the Acacia, Lost Horse, FinLith, Surprise and Toodoggone properties by spending $1,000,000 over two years and issuing 10,000,000 shares, with a 2% NSR reserved on certain properties.
Drill resultsEagle Plains/Annacotty Resources Announce 2023 Field Program at the Donna Gold Property, South-central, BC
Field crews are mobilizing to the 11,494 ha Donna gold property, located about 70 km east of Vernon, BC, where Eagle Plains holds a 100% interest less an underlying NSR. Option partner Annacotty Resources Corp. can earn a 60% interest by completing $4,080,000 in exploration expenditures, $520,000 in cash payments and issuing 1,300,000 common shares to Eagle Plains over five years. The 2023 program, run by TerraLogic Exploration Services, includes prospecting, soil sampling and geological mapping at the Big Link and Yeo Link zones.
Drill resultsEagle Plains Closes $890,000 Financing
A non-brokered flow-through private placement has closed for total gross proceeds of CDN $888,300 through the sale of 4,441,500 Units at $0.20 per unit, each comprising a flow-through common share and one-half warrant exercisable at $0.30 for 24 months. Finder's fees of $13,685 were paid, and related parties subscribed for 415,000 Units for $83,000. Proceeds will fund exploration at the Vulcan project and other projects in British Columbia, Saskatchewan and Yukon. The Iron Range option agreement was amended to extend the partner's earn-in period for up to 60% from five to six years.
FinancingEagle Plains Partner Announces Closing of Multi Project Option Agreements, Hires Sinn for Communications, Marketing
Final exchange approval has been received for the option agreement announced May 31, 2023, under which 1416753 BC Ltd., a NevGold subsidiary, may earn a 100% interest in the Acacia, Lost Horse, FinLith, Surprise and Toodoggone projects in British Columbia by completing $1,000,000 in exploration expenditures over two years and issuing 10,000,000 shares. On closing, 5,000,000 common shares were issued to Eagle Plains, which retains a 2% NSR on certain properties. Robert Sinn was retained for investor relations at US$1,000 per month for 12 months, effective January 1, 2023.
AcquisitionEagle Plains Closes First Tranche of Flow-Through Financing
A first tranche of a non-brokered private placement closed for 790,000 units at $0.20 CDN per unit, raising gross proceeds of CDN $158,000. Each unit comprises one flow-through common share and one-half non-flow-through warrant exercisable at $0.30 CDN for 24 months, subject to accelerated expiry if shares close at or above $0.50 for 20 consecutive trading days. Directors and insiders subscribed for 415,000 units (CDN $83,000); maximum gross proceeds are $1,000,000 CDN, to fund exploration at Vulcan and projects in British Columbia, Saskatchewan and Yukon.
FinancingEagle Plains Provides Update on Expanded Vulcan Drill Program, Announces Flow-through Financing
Over 2,600m has been drilled to date at the 100%-owned Vulcan project 30km west of Kimberley, BC, and the program has been expanded to a minimum of 4,000m (13,120') in at least 5 holes at the Hilo/West Basin Zone. Hole VU23003, drilled to 824.7m, intersected sand and pebble conglomerate from 321.0-681.5m with preliminary pXRF readings including 2.18% Zn and 1.10% Pb over ~4cm at 585.07m; assays are pending. A non-brokered private placement of up to 5,000,000 flow-through units at $0.20 for gross proceeds of up to $1,000,000 CDN is planned, each unit including one half warrant exercisable at $0.30 for 24 months.
Drill resultsEagle Plains Provides Update on Drilling Activity on Vulcan Critical Metals Project, Southeastern BC
Diamond drilling continues at the 100%-owned Vulcan project, 30km west of Kimberley, BC, with a planned minimum 3,000m (9,842') in 4-5 holes at the Hilo and West Basin zones. VU22004 was extended from 597.2m to 829.0m, while VU23001 (765.6m) and VU23002 (715.6m) intersected stratabound and fragmental zinc-lead-silver mineralization traced over 300m laterally; preliminary pXRF points included 1.09% Zn and 2.75% Pb at 334.65m. Assays are expected in coming months. VU23003 is now drilling to up to 700m. Separately, Rex Resources Corp. terminated its option on the Kalum property near Terrace, BC.
Drill resultsEagle Plains Provides Update on Drilling Activity on Vulcan Critical Metals Project, Southeastern BC
Diamond drilling continues at the 100%-owned Vulcan project, 12,400 ha located 30 km west of Kimberley, BC, with a planned minimum 3,000 m (9,842') in 4-5 holes at the Hilo and West Basin Zones. Hole VU22004 was extended from 597.2 m to 829.0 m, and VU23001 was completed to 765.6 m, intersecting stratabound and fragmental zinc-lead-silver mineralization about 130 m southeast of VU22004; assays are expected in coming months. VU23002 is underway, targeting depths up to 700 m. Aben Minerals has terminated its option on the 2,826 ha Slocan Graphite property.
Drill resultsDrilling Commences at Eagle Plains’ 100%-Owned Vulcan Critical Metals Project, Southeastern BC
Diamond drilling has begun at the 100%-owned Vulcan project, 12,400ha located 30km west of Kimberley, British Columbia, with a planned minimum 3,000m (9,842') in 4-5 holes at the Hilo and West Basin Zones. The program will step out from 2022 hole VU22004, which returned 11.55m of 0.46% Zn, 0.02% Pb, 21.48 ppm Cd and 90.65 ppm Sn, including 0.22m at 6.46% Zn, and will test a borehole electromagnetic anomaly delineated in late 2022.
Drill resultsEagle Plains Completes Acquisition of George Lake Critical Metals Deposit
Acquisition of the 3,694 ha George Lake critical metals project, located 280 km north of La Ronge, Saskatchewan, has been completed by staking and claim purchase from unrelated third parties. The property hosts the George Lake zinc deposit, with a historical resource of 2.63 MT grading 3.67% Zn and 0.53% Pb, and 10,050 m of historical drilling in 90 holes. Eagle Plains holds 100%, subject to a 2% royalty to Eagle Royalties. A 4-5 hole, 3,000 m drill program at the Vulcan Project near Kimberley, BC was expected to start June 15th.
AcquisitionEagle Plains/NevGold Subsidiary Execute Option Agreement for Multiple British Columbia Critical Metal Projects
An option agreement has been executed with 1416753 BC Ltd., a subsidiary of NevGold, under which 141 may earn a 100% interest in the Acacia, Lost Horse, FinLith, Surprise and Toodoggone projects in British Columbia by completing $1,000,000 in exploration expenditures over two years and issuing 10,000,000 141 shares. Eagle Plains has reserved a 2% NSR on some properties. NevGold intends to take 141 public via spin-out, merger or sale; 2023 work will be managed by Terralogic Exploration Inc.
AcquisitionEagle Plains Announces Closing of Spin-off Transaction
The spin-off transaction closed effective May 19, 2023, with the amalgamation of Eagle Royalties Ltd. and 2513756 Alberta Ltd. to form Eagle Royalties. Eagle Plains shareholders of record at the close of trading on May 18, 2023 receive 1 ER share for every 3 EPL shares held. Eagle Royalties expects to list on the Canadian Securities Exchange on or about May 24, 2023 under the symbol ER, following conditional approval on May 11, 2023, with escrowed shares released 20% at listing and 20% every three months thereafter.
AcquisitionEagle Plains Announces Spin-off Transaction Update
1386884 B.C. Ltd. has completed a private placement of subscription receipts for gross proceeds of approximately $3MM, satisfying a key condition for its planned amalgamation with Eagle Plains subsidiary Eagle Royalties Ltd. under a court-approved plan of arrangement. The CSE conditionally approved the listing of the resulting issuer on May 11, 2023, with closing expected on or about May 19, 2023 and listing under the symbol ER on May 24, 2023. Registered EPL shareholders of record May 18, 2023 will receive 1 ER share for every 3 EPL shares.
AcquisitionEagle Plains/Amaroq Execute Option Agreement for Findlay Critical Metals Project
An option agreement with Amaroq Gold Corp. allows Amaroq to earn up to a 75% interest in the Findlay Project, located 35km NW of Kimberley, BC, currently 100% owned by Eagle Plains subject to underlying royalties. Amaroq can earn 60% by spending $5,000,000 on exploration, issuing 1,800,000 common shares and paying $500,000 in cash over four years, and 75% by delivering a feasibility study by 2030, with Eagle Plains retaining a 2% NSR. Surface mapping, prospecting and geochemical surveys are planned this season.
AcquisitionEagle Plains Receives Court Approval for Eagle Royalties Spin Out
Final approval from the Court of King's Bench of Alberta has been received for a plan of arrangement under section 193 of the Business Corporations Act (Alberta) to spin out over 50 of Eagle Plains' royalty assets into Eagle Royalties Ltd. At an April 26 special meeting, 99.07% of the 65,087,314 votes cast favoured the arrangement. A concurrent $3MM private placement with 1386884 B.C. Ltd. is underway, with closing expected around mid-May 2023 and a CSE listing applied for under the symbol ER.
AcquisitionEagle Plains Receives Overwhelming Shareholder Support for Eagle Royalties Spin Out
Security holders approved the special resolution for a plan of arrangement under section 193 of the Business Corporations Act (Alberta) to spin out over 50 royalty assets into Eagle Royalties Ltd., with 99.07% of 65,087,314 votes cast in favour. A $3MM concurrent private placement financing with 1386884 B.C. Ltd., which will amalgamate with Eagle Royalties, is underway, with closing expected in or around mid-May 2023. A CSE listing application for the resulting issuer has been made under the symbol ER.
CorporateEagle Plains Secures Contractors for Fully Funded Drill Program at the Vulcan Project
Contractors have been secured for a 2023 diamond drill program at the 100%-owned Vulcan Project, 30km west of the Sullivan deposit near Kimberley, BC. The program is expected to commence in mid-June and will include a minimum of 3,000m (9,842') of drilling at the Hilo and West Basin Zones, conducted by Terralogic Exploration Inc., with drilling by New Age Drilling Solutions and helicopter support from Big Horn Helicopters. Separately, option partner Pacific Imperial Mines completed a 9.5 line-km ground electromagnetic survey at Brownell Lake, delineating multiple strong conductors.
Drill resultsEagle Plains/Pacific Imperial Announce Geophysical Program at Brownell Lake Copper Project, Saskatchewan
A geophysical team has mobilized to the Brownell Lake VMS-polymetallic project, 17km northwest of Deschambault Lake, Saskatchewan, where option partner Pacific Imperial Mines Inc. will have SJ Geophysics run a Time Domain Electromagnetic survey over 3 loops totaling 12 line km to define known mineralization, improve depth resolution below historical drilling and test a postulated eastern strike extension. Pacific Imperial may earn up to 60% of the 1,863 ha property by spending $5,000,000 on exploration, issuing 1,000,000 common shares and paying $500,000 over four years.
Drill resultsEagle Plains Acquires Strategic Disposition at Pine Channel Gold Project, Saskatchewan
Eagle Plains has acquired a mineral disposition within its Pine Channel Gold Property tenure in Saskatchewan covering the historic Algold Bay gold mineralization, held in good standing since 1979 on the north shore of Lake Athabasca. Historical chip sampling at the MEL-CEC showing returned up to 100.1 g/t Au over 0.8 m, with a drill intercept of 63.5 g/t Au over 60 cm. Apogee Minerals holds an option to earn an 80% interest (less 2% NSR) in the property.
AcquisitionEagle Plains/Pacific Imperial Execute Option Agreement for Brownell Lake Copper Project, Saskatchewan
An option agreement (subject to regulatory approval) has been executed with Pacific Imperial Mines Inc., under which PPM may earn up to a 60% interest in the 1,863 ha Brownell Lake VMS-polymetallic project, 17 km west of Deschambault Lake, Saskatchewan, by spending $5,000,000 on exploration, issuing 1,000,000 common shares and paying $500,000 in cash over four years. Eagle Plains owns the project 100%, subject to a 2% underlying royalty. A ground-based TDEM survey is planned in the coming weeks.
AcquisitionEagle Plains Resources Ltd. Announces the Mailing and Filing of Its Management Information Circular to Approve an Arrangement with Eagle Royalties Ltd.
A management information circular dated March 17, 2023 has been mailed and filed for a special meeting of Eagle Plains securityholders on April 26, 2023 at 9:00 a.m. Mountain Time, to vote on a plan of arrangement under section 193 of the Business Corporations Act (Alberta) transferring a majority of Eagle Plains' royalty interests to Eagle Royalties Ltd. Written support has been secured from approximately 27.7 million common shares (about 25%), 8.2 million options (about 75%) and 2.4 million warrants (about 44%). The spin-out is planned for Q2 2023.
CorporateEagle Plains Options Hanson North Lithium Project to Brunswick Exploration
An option agreement with Brunswick Exploration Inc. gives Brunswick the exclusive right to acquire a 100-per-cent interest in the Hanson North lithium project in Saskatchewan for total consideration of $70,000 in cash, shares or a combination, plus $100,000 in exploration expenditures over two years. Milestone payments of $250,000 are due on filing of a resource estimate and a further $250,000 on filing of a preliminary economic assessment. Brunswick will grant a 2-per-cent NSR, half repurchasable for $1 million, subject to regulatory approval.
AcquisitionCorrecting and Replacing: Eagle Plains Clarifies Record Date Details For Proposed Spin-out Transaction
A clarification to the March 1, 2023 news release states that the March 17, 2023 record date applies only to determining which Eagle Plains securityholders are eligible to vote on the proposed Spin-Out Transaction. All Eagle Plains shareholders holding shares as at the effective date will be eligible to receive one-third of an Eagle Royalties share for each Eagle Plains share held. Subject to requisite approvals, the effective date is expected in or around late April 2023.
AcquisitionEagle Plains Provides Corporate Update, Future Outlook
The spin-out of subsidiary Eagle Royalties Ltd., holding over 50 royalty assets, is expected to complete in late April 2023, with a record date of March 17, 2023, a 1:3 distribution to shareholders, amalgamation with 1386884 BC, CSE listing planned for early May and a minimum $2.5M treasury. A 3,000m/10,000', 5-6 hole Phase 1 drill program at the 100%-owned Vulcan sedex property in BC is set to begin mid-June 2023, following VU22004 results including 11.55m @ 0.46% Zn. The company reports over $11M in cash and short-term investments, $800,000 in partner securities and $1.35M in real estate, with no debt.
CorporateEagle Plains Stakes Multiple Lithium Prospects in Western Canada
Six properties totalling 19,503 ha have been acquired by staking — two in British Columbia and four in Saskatchewan — considered prospective for LCT-type pegmatites and lithium mineralization. The projects are 100% owned by Eagle Plains and may carry underlying royalties in favour of subsidiary Eagle Royalties Ltd. Three existing Eagle Plains properties in BC and Saskatchewan, totalling 26,551 ha, are also considered lithium prospective, with exploration planning underway for the 2023 field season.
CorporateEagle Plains Announces the Execution of Definitive Agreements Relating to the Proposed Spin-Out of Eagle Royalties
Definitive agreements dated February 28, 2023 have been signed to spin out over 50 royalty interests into subsidiary Eagle Royalties Ltd., which will issue 42 million shares, with about 5.5 million retained by Eagle Plains and roughly 36.5 million distributed to shareholders on a 1:3 basis. Eagle Royalties will then amalgamate with 1386884 B.C. Ltd. and apply to list on the CSE, commencing trading with a minimum of $2.5M cash. A concurrent private placement by 138 will raise approximately $3 million at $0.30 per security. A securityholder meeting is set for about April 20, 2023, with a record date expected March 17, 2023, and closing anticipated in the first half of 2023.
AcquisitionEagle Plains Partner SKRR Acquires 75% of the Olson Gold Project and 100% of the Cathro Gold Project
SKRR Exploration Inc. has completed its earn-in requirements to hold a 75% interest in the 11,219-hectare Olson gold project and an undivided 100% interest in the 3,277-hectare Cathro gold project, both in Saskatchewan. Eagle Plains retains an underlying 2% NSR on Cathro. SKRR earned the additional 24% at Olson through $1,500,000 in exploration expenditures and 200,000 SKRR shares, following staged cash, share and expenditure payments under the October 24, 2019 Olson agreement.
AcquisitionEagle Plains Executes Option Agreement with Canter on Puzzle Lake Project, Saskatchewan
Canter Resources Corp. can earn a 60% interest in Eagle Plains' 100%-owned Puzzle Lake gold project in northeastern Saskatchewan by spending $3,000,000 on exploration, paying $250,000 in cash and issuing 1,000,000 common shares over four years, under a formal option agreement. Eagle Plains retains a 2% NSR, reducible to 1% on payment of $1M. The 3,261ha claims lie 45km southeast of Stanley Mission. Canter has also given notice it will not proceed with the Schott Lake property.
AcquisitionEagle Plains Identifies Prominent Off-Hole Geophysical Anomaly at Vulcan, Reports on Encouraging Petrographic Results
Borehole time-domain electromagnetic surveying and thin-section petrography results were received from the 2022 three-hole, 1,700m drill program at the 100%-owned Vulcan critical metals project, 30km west of the Sullivan deposit near Kimberley, BC. BHEM outlined a strong off-hole conductive anomaly along strike south-southeast of hole VU22004 at depths consistent with the mineralized interval, and petrography identified primary bedded sulphides and tourmalinite-sericite alteration indicating proximity to a sedex vent. Permits are in place for further drilling by the end of Q2 2023.
Drill resultsEAGLE PLAINS ANNOUNCES THE SIGNING OF A LETTER OF INTENT TO SPIN-OUT CERTAIN ROYALTY ASSETS
A non-binding letter of intent dated January 4, 2023 has been signed with 1386884 BC Ltd. ("138") to spin out a majority of Eagle Plains' royalty interests into wholly-owned subsidiary Eagle Royalties Ltd., which would then amalgamate with 138 on a one-for-one basis and apply to list on the CSE. Eagle Royalties would issue 42 million shares to Eagle Plains, with about 5.5 million retained and roughly 36.5 million distributed to shareholders on a 1:3 basis. 138 has raised about $100,000 in seed financing and will complete a follow-on raise of approximately $3 million; closing is targeted for Q2 2023.
Acquisition
202231 releases
Eagle Plains/Rex Resources Announce Results from 2022 Field Program at the Kalum Gold Property, Golden Triangle Region, BC
Rock sampling at the Kalum gold property, 35 km northwest of Terrace, British Columbia, returned up to 12.55 g/t Au, with 13 of 67 rock samples assaying over 1.0 g/t Au, while soil sampling returned up to 390 ppb Au, with 17 samples above 100 ppb Au. The 11-day program by option partner Rex Resources Corp. collected 67 rock samples, 277 soil samples and 64 geological stations to define future drill targets. Rex can earn 60% by spending $3,000,000, paying $500,000 and issuing 1,000,000 shares over four years.
Drill resultsEagle Plains Intersects Significant Mineralization at Vulcan
Final assays are in from a three-hole, 1,700m (5,577') drill program at the 100%-owned Vulcan project, 30km west of the Sullivan deposit near Kimberley, BC. All three holes intersected the Lower-Middle Aldridge contact; hole VU22004 returned 0.97m at 0.32% Zn and 0.53% Pb (445.00-445.97m), 2.03m at 0.87% Zn (511.00-513.03m) and 11.55m at 0.46% Zn including 1.50m at 1.72% Zn, while VU22003 and VU22005 returned no significant assays. Downhole EM results are pending and permits are in place for 2023 drilling.
Drill resultsEagle Royalties Launches Website
A website has been launched for Eagle Royalties Ltd., a 100%-owned subsidiary recently established as a separate division of Eagle Plains Resources (see EPL news release November 9th, 2022). Eagle Royalties will oversee and manage royalty assets in British Columbia, Yukon and Saskatchewan covering gold, silver, critical metals, rare-earth elements, uranium, graphite, diamonds and industrial minerals, and will seek additions to the portfolio. Eagle Plains will continue acquiring and advancing grassroots critical- and precious-metal exploration projects in western Canada.
CorporateEagle Plains Shareholders Approve all Matters at Annual Meeting
Shareholders approved all matters at Eagle Plains Resources' Annual and Special Meeting held November 25, 2022 in Cranbrook, BC, electing Timothy Jay Termuende, Charles C. Downie, Glen J. Diduck, William (Bill) Bennett and Paul Reynolds as directors, appointing Crowe MacKay LLP as auditors, and approving renewal of the Stock Option Plan. The Company holds $9.4M cash in treasury, over $865,000 in short-term investments and no debt, with projects in British Columbia, Saskatchewan, Yukon and NWT.
CorporateEagle Plains Reports 2022 Exploration Results, Acquires Additional Claims at Adamant REE Project, British Columbia
A 5-day August field program at the 100%-owned Adamant REE property, 80 km NE of Revelstoke, British Columbia, collected 86 rock and 17 stream-silt samples, returning a best rock grab of 43,331 ppm TREE (4.33%), 10 samples above 5,000 ppm TREE, highs of 10,103 ppm HREE, 1.44% Mo, 2.57% Nb and 1,480 ppm Ta, and a 6,365 ppm TREE stream-silt sample. Five cells totalling 99.73 ha were staked, expanding the property to 10,319 ha. A drilling, geophysical and trenching permit application has been submitted.
Drill resultsEagle Plains Completes Vulcan Drilling, Geophysical Program
A three-hole, 1700m drill program was completed at the 100%-owned Vulcan Project, 30km west of Kimberley, BC, with all holes intersecting the Lower-Middle Aldridge contact. Hole VU22004, deepened from 400m to 597.2m, cut banded sphalerite and galena within a 139m fragmental unit, with portable XRF point concentrations exceeding 10% zinc plus anomalous silver, lead and cadmium; downhole electromagnetics on that hole indicated discrete off-hole anomalies. Surveys on holes VU22003 (630.0m) and VU22005 (473.5m) were abandoned due to blockages. Historical core will be reviewed.
Drill resultsEagle Plains’ Partner Rockridge Completes Earn-In at the High-Grade Knife Lake Copper Project, Saskatchewan
Rockridge Resources has completed its earn-in option and now holds 100% ownership of the Knife Lake copper VMS project in Saskatchewan, consisting of 82 claims totaling 56,865 hectares. To earn the interest, Rockridge paid Eagle Plains $150,000, issued 5,550,000 common shares and completed $3,250,000 in exploration expenditures within four years; Eagle Plains retains a 2% NSR on certain claims. The project hosts a pit-constrained indicated resource of 3.8 million tonnes at 1.02% CuEq and inferred 7.9 million tonnes at 0.67% CuEq. A 2022 program of approximately 1,000m in six to eight holes is ongoing.
AcquisitionEagle Plains Provides Update on Vulcan Drilling Program, Receives Approval for Warrant Expiry Extension
The first hole of the 2022 drilling program (VU22003) at the 100%-owned Vulcan project in British Columbia was completed to 630m (2067'), intersecting minor disseminated sphalerite near the top and a band of strataform pyrrhotite under 10cm thick about 20m below the Lower Middle Contact, with portable XRF indicating elevated zinc. Hole VU22004, 8km to the northeast, has reached about 150m of a planned 425m. The TSX-V approved extending 1,526,000 warrants to September 25, 2023, at 30 cents.
Drill resultsEagle Plains Announces Application to Extend Warrant Expiry
An application has been made to the TSX Venture Exchange to extend the expiry of 1,526,000 outstanding common share purchase warrants, issued under a non-brokered private placement closed September 25, 2020, by an additional 12 months from September 25, 2022 to September 25, 2023. The exercise price of 30 cents per warrant and the acceleration clause, triggered if the closing share price is at or above $0.50 for 20 consecutive trading days, remain unchanged.
CorporateEagle Plains Posts Robust Financials, Provides Corporate Update
Q2 2022 financial statements posted showing working capital of $9,568,554 and cash and cash equivalents of $10,180,949, attributed in part to the sale of the company's holdings in Taiga Gold Corp. securities during the second quarter, third-party deal flow, and its wholly-owned geological contracting company TerraLogic. Field work was carried out in 2022 across projects in British Columbia and Saskatchewan, including Knife Lake, Olson, Pine Channel and Iron Range, with drilling currently underway at the 100%-owned Vulcan project in BC.
CorporateEagle Plains Commences Drilling at Vulcan Base-Metal Project, Southeast British Columbia
A 1600 m, 3-4 hole drill program has begun at the 8,617 ha Vulcan property, 30 km west of Kimberley, BC, targeting silver-lead-zinc sedex mineralization at the Lower-Middle Aldridge contact. Eagle Plains owns Vulcan 100% with no underlying royalties; targets were modelled using a 537 line-km helicopter-borne aeromagnetic survey flown in early 2022. TerraLogic Exploration Services Inc. was contracted for the program. Drilling at the Iron Range project concluded, totalling 2618 m in 4 holes over 8 weeks, with results pending.
Drill resultsEagle Plains’ Partner Apogee Completes Airborne Geophysical, Lidar Surveys at Pine Channel Gold Project, Saskatchewan
Partner Apogee Minerals Ltd. has completed a helicopter-borne high-resolution aeromagnetic and radiometric survey covering 380 line-km at the Pine Channel gold project, 43 km west of Stony Rapids, Saskatchewan, flown by Precision Geosurveys Inc. A 70 km2 Lidar and orthophoto survey was also conducted by Eagle Mapping Ltd. Apogee holds an option to acquire an 80% interest (less 2% NSR) by spending CAD $3,000,000 on exploration, issuing 2,000,000 common shares and paying $150,000 in cash over four years.
Drill resultsEagle Plains’ Partner Aben Resources Announces Completion First Phase of Field Exploration at the Slocan Graphite Project, British Columbia
Option partner Aben Resources has completed the first phase of field exploration at the Slocan Graphite Project, 34km northwest of Castlegar, British Columbia, comprising reconnaissance, geological mapping, rock and soil sampling, and evaluation of potential drill sites for a possible fall 2022 drill program. A total of 52 surface rock samples were collected, and 439.4 hectares of additional tenure was staked, bringing the property to 2,826 hectares. Aben can earn 100%, less a 2% Net Production Royalty, by spending $1,000,000 on exploration, issuing 850,000 shares and paying $150,000 over three years.
Drill resultsFieldwork Commences on Eagle Plains’ Adamant REE Project
Fieldwork has begun on the 100%-owned, 9,461 ha Adamant rare earth element property, 80 km NE of Revelstoke, British Columbia. The $100,000 program, managed by TerraLogic Exploration Services of Cranbrook, includes infill silt sampling, geological mapping, channel sampling and mineralogical studies at Kin South/Kin West, Amy-Carmen and the Trident Zone, focusing on defining and extending the Trident-Kin syenite trace. Dr. Anton Chakhmouradian of the University of Manitoba has been engaged for mineralogical and geochemical studies. No exploration had been completed on the property since 2011.
Drill resultsFieldwork Commences on Eagle Plains’ Ice River REE Project
Fieldwork has begun on the 100%-owned, 2,311 ha Ice River property, 30 km southeast of Golden, British Columbia, with a $100,000 company-funded budget targeting priority areas from 2012 work at Buttress Peak, Yippee-Waterloo and South Bowl. Prior sampling documented in-situ TREE above 34,300 ppm, 66 samples over 3,000 ppm TREE and 37 samples over 600 ppm Nb across a 5.6 km strike length, plus a grab sample with 2.72% Zn, 2.41% Pb and 31.8 g/t Ag. Dr. Anton Chakhmouradian of the University of Manitoba has been engaged for mineralogical and geochemical studies.
Drill resultsEagle Plains’ Partner Rockridge Commences Drill Program at the High-Grade Knife Lake Copper Project, Saskatchewan
Option partner Rockridge Resources has begun a fully funded and permitted summer drill program of approximately 1,000m in six to eight holes at the Knife Lake copper-zinc-silver-cobalt VMS project in Saskatchewan, targeting the Gilbert Lake South and previously untested Gilbert West areas plus infill and expansion drilling at the Knife Lake deposit. The deposit hosts a pit-constrained indicated resource of 3.8 million tonnes at 1.02% CuEq and 7.9 million tonnes inferred at 0.67% CuEq. Eagle Plains retains a 2% NSR on certain claims.
Drill resultsEagle Plains Partner Canter Resources Completes Field Program at at Schotts Lake Copper Project
Option partner Canter Resources Corp. has completed the 2022 field program at Eagle Plains' 100%-owned Schotts Lake Cu-Zn project, covering 2,160 ha in eastern Saskatchewan, 40 km northwest of Flin Flon, Manitoba. Work included soil and lithogeochemical sampling and geological mapping on targets from the 2021 EM survey, with geophysical modelling underway to generate drill targets; analytical results are pending. Canter can earn a 60% interest by spending $5,000,000 on exploration, paying $500,000 cash and issuing 1,000,000 shares over four years.
Drill resultsEagle Plains/Rex Resources Announce 2022 Field Program at the Kalum Gold Property, Golden Triangle Region, BC
Field crews have mobilized to the 2,871 ha Kalum gold property, 35 km northwest of Terrace, British Columbia, for a 2022 program run by option partner Rex Resources Corp. and carried out by TerraLogic Exploration Services, including mapping to locate drill collars in the Bling-Rico, Babit and Martin areas, structural mapping at the Hat Zone, and prospecting at Tojo. Rex can earn 60% by spending $3,000,000, paying $500,000 cash and issuing 1,000,000 shares over four years.
Drill resultsEagle Plains/Annacotty Resources Execute Option Agreement on Donna Gold Property, South-central, BC
An option agreement was executed under which private B.C. company Annacotty Resources Corp. may earn an undivided 60% interest in the 11,494 ha Donna gold property, located about 70 km east of Vernon, British Columbia, by completing $4,000,000 in exploration expenditures, paying $520,000 cash and issuing 1,200,000 common shares to Eagle Plains over five years. Eagle Plains currently holds 100%, less an underlying 2% royalty on certain claims held by an arms-length third party.
AcquisitionEagle Plains Closes Flow-Through Financing
A non-brokered private placement has closed for 7,571,058 flow-through units at $0.17 CDN per unit, for gross proceeds of $CDN 1,287,080. Each unit includes a flow-through common share and one-half non-flow-through warrant exercisable at $0.25 CDN for 24 months, subject to accelerated expiry if shares close at or above $0.50 for 20 consecutive trading days. Finder's fees of $3,570 were paid; proceeds will fund exploration in British Columbia and Saskatchewan, renounced as 2022 Canadian Exploration Expenses.
FinancingEagle Plains Announces Flow-through Financing
A non-brokered private placement of up to 7,000,000 flow-through units at $0.17 CDN per unit for gross proceeds of $1,190,000 CDN is planned, with each unit comprising a flow-through common share and one-half warrant exercisable at $0.25 CDN for 24 months, subject to accelerated expiry. Directors approved an overallotment of up to 10% of the units, and a 7% commission or finder's fee may be paid. Closing is expected in July 2022, with proceeds funding exploration in British Columbia, Saskatchewan and Yukon.
FinancingEagle Plains’ Partner Rockridge Completes 3D Geophysics Modeling which Identifies 15 km Strike Length of Electromagnetic Conductors; Prepares for Fully-Funded Upcoming Drill Program at Knife Lake High-Grade Copper Project, Saskatchewan
Option partner Rockridge Resources has completed 3D geophysical plate modelling of VTEM data at the Knife Lake copper VMS project in Saskatchewan, with the survey showing up to 15 km strike length of highly conductive near-surface anomalies, including the Gilbert Lake targets. Rockridge is fully funded and permitted for a diamond drill program starting mid-July 2022, focused on Gilbert Lake, and has signed drill, camp construction and helicopter contracts. Its exploration permit expires in February 2024.
Drill resultsDrilling Underway on Eagle Plains’ Iron Range Gold/Sedex Project, Southeastern B.C.
Diamond drilling has begun at the 100%-owned Iron Range gold/sedex project near Creston, southeastern British Columbia, funded by an arm's length private Alberta option partner. The planned 5-6 hole, 3,500m (11,500') program targets several areas and is expected to take 8-9 weeks; hole IR22049 is currently at 725m toward a 920m target depth. Under the May 5, 2020 option, the partner can earn up to 60% by spending $3,500,000 on exploration and paying $250,000 to Eagle Plains over five years, with a further 20% available for a one-time $1,000,000 payment.
Drill resultsEagle Plains/Shooting Star Execute Option Agreement on Eldridge Gold Property, Saskatchewan
Shooting Star Acquisition Corp. can earn an undivided 60% interest in Eagle Plains' 13,500ha Eldridge gold property, located 85 km east of La Ronge, Saskatchewan, by completing $4,000,000 in exploration expenditures, paying $500,000 cash and issuing 1,000,000 common shares over four years. Eagle Plains retains a 2% NSR, with a buy down to 1% for $1,000,000. A 2021 program returned lake-sediment gold assays of 0.1–9.7 ppb and a best till gold grain count of 30 grains.
AcquisitionEagle Plains/Riverstick Resources Execute Option Agreement on Dictator Gold Property, South-central, BC; Director’s Resignation
Riverstick Resources Corp., a private B.C. company, can earn an undivided 60% interest in the Dictator gold property, located about 70 km east of Vernon, B.C., by completing $1,500,000 in exploration expenditures, $500,000 in cash payments and issuing 1,000,000 common shares to Eagle Plains over five years. The 6-tenure, 2,578 ha property returned grab samples up to 39.4 g/t gold and 912 g/t silver in 2020. Darren B. Fach resigned from the board effective June 7, 2022.
AcquisitionEagle Plains’ Partner Rockridge Resources to Commence a Fully Funded Drill Program at the High-Grade Knife Lake Copper Project, Saskatchewan
Option partner Rockridge Resources will begin a fully funded diamond drill program in mid-July 2022 at the Knife Lake copper VMS project in Saskatchewan, targeting VTEM anomalies at the Gilbert Lake zones, including the never-drilled Gilbert West copper showing. The 82-claim, 56,865-hectare property hosts a pit-constrained indicated resource of 3.8 million tonnes at 1.02% CuEq and an inferred resource of 7.9 million tonnes at 0.67% CuEq. Eagle Plains retains a 2% NSR on certain claims.
Drill resultsEagle Plains Partner Apogee Minerals Commences Airborne Geophysical Survey at Pine Channel Gold Project
Survey equipment has been mobilized to Eagle Plains' 100%-owned, 6,500 ha Pine Channel gold project, 43 km west of Stony Rapids, Saskatchewan, where option partner Apogee Minerals has contracted Precision Geosurveys Inc. to complete a 380 line-km helicopter-borne high-resolution aeromagnetic and radiometric survey. To earn an 80% interest, Apogee must incur $3,000,000 in exploration expenditures, issue 2,000,000 common shares to Eagle Plains and make $150,000 in cash payments over four years. Eagle Plains retains a 2.0% NSR royalty, of which 1% may be purchased for CDN$1,000,000.
Drill resultsEagle Plains / SKRR Drilling Continues to Intersect Widespread Gold Mineralization at the Olson Gold Project, Saskatchewan
Results from a 10-hole, 1,867m drill program at the 11,219 ha Olson gold property, 20km northwest of Deschambault Lake, Saskatchewan, returned 50.35m at 0.56 g/t Au from 85.00m in OL22009 at Michael's Lake, 8.07m at 1.62 g/t Au including 0.89m at 5.64 g/t Au in OL22003 at the Olson Zone, and 6.75m at 0.95 g/t Au in OL22008 at Ackbar Lake. Nine of ten holes intersected significant gold mineralization. SKRR funded the program and may earn up to 75% in the Eagle Plains-owned property.
Drill resultsEagle Plains/Rex Resources Announce Planned 2022 Exploration at Kalum Gold Property, Golden Triangle Region, BC
Option partner Rex Resources Corp. has approved a $150,000 summer 2022 exploration program at Eagle Plains' 100%-owned Kalum property, 35 km northwest of Terrace, British Columbia in the Skeena Mining Division. Work will include detailed mapping, prospecting and surficial geochemical surveys with systematic soil and rock sampling at the Bling Rico, Babit-God, Tojo and Hat zones to generate drill-ready targets. Rex can earn a 60% interest by spending $3,000,000, paying $500,000 cash and issuing 1,000,000 shares over four years.
Drill resultsEagle Plains’ Partner Rockridge Resources Plans Upcoming Fully Funded Exploration and Drill Program at the Knife Lake Copper Project, Saskatchewan
Option partner Rockridge Resources plans a fully funded Summer 2022 diamond drill program at the Knife Lake copper-zinc-silver-cobalt VMS project in Saskatchewan, targeting the Gilbert West and Gilbert South zones plus infill and deeper drilling at the deposit. A 29-sample October 2021 field program returned up to 4.06% Cu, 15.45 g/t Ag, 0.70 g/t Au and 0.55% Zn from historic trenches. The deposit holds indicated resources of 3.8 million tonnes at 1.02% CuEq and inferred resources of 7.9 million tonnes at 0.67% CuEq.
Drill resultsEagle Plains Completes Airborne Geophysical Survey at the Vulcan Project, Southeast British Columbia
A 537 line-km helicopter-borne high-resolution aeromagnetic survey has been completed at the 100%-owned Vulcan property, 30 km west of Kimberley, British Columbia, covering about 8 km of strike of the Lower-Middle Aldridge contact. The 18-claim, 8,617 Ha property carries no royalties; data will be used to model targets for a planned 2022 diamond drilling program. At the Olson gold project in Saskatchewan, 5 holes totalling 840m have been completed of a planned 1,890m in 10 holes, with drilling into March 2022.
Drill results