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Eagle
Plains Commences 2004 Fieldwork in Southern B.C.
Cranbrook,
B.C., 21 April, 2004: Eagle Plains Resources Ltd. (EPL:TSX-V)
has mobilized a field crew to the West Kootenay region
of southern British Columbia to commence fieldwork on
the company’s 100 % owned Kokanee Creek
project, located 18km northeast of Nelson, BC.
A geochemical survey will be completed over areas of
interest recently delineated by a 75km airborne geophysical
survey completed in early April, as announced April
1st, 2004. The survey was conducted by Geotech Geophysical
Ltd., and consisted of airborne magnetometer and time-domain
electromagnetic (EM) instrumentation.
The property was originally acquired by Eagle Plains
in 1996, and is subject to a 1% NSR. The last systematic
work on the property was carried out in March, 1997,
and consisted of a 5-hole, 1400’ (430m) diamond
drilling program which yielded significant results including
hole KC97-2 which returned 26.11 g/t gold over 0.7m
from 7.0-7.7m and 13.52 g/t gold over 1.4m from 21.8m
to 23.2m. All five holes returned encouraging gold,
silver, lead or zinc mineralization (see news release
March 20th, 1997).
The 56-unit (3400 acre) property overlies metasediments
forming an aerially extensive pendant within Nelson
Intrusive rocks. Mineralization appears to be skarn-type,
and appears to be contained within preferentially replaced
sedimentary horizons. Little or no veining was encountered
in the 1997 drillholes. The 1997 drill program represents
the first documented exploration program to be completed
on the property.
Eagle Plains Resources continues to conduct research,
acquisition and exploration projects in western Canada.
Through a network of experienced prospectors, consultants
and contractors in addition to seasoned employees and
a well-rounded Board of Directors, the Company has assembled
a diverse portfolio of gold and base-metal properties.
Eagle Plains seeks to attract joint-venture participation
on its properties, thereby leveraging exploration spending
to the ultimate benefit of the Company’s shareholders.
In recent years, Eagle Plains has completed option agreements
with Billiton, Rio Algom, Kennecott, NovaGold/SpectrumGold
Inc., Viceroy Resource Corp. and numerous other junior
exploration companies, resulting in nearly 13,000m (43,000’)
of drilling and over $5,000,000 in exploration spending
on its properties since 1998.
On Behalf of the Board of Directors
Tim J. Termuende, P.Geo.
President and CEO
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