Eagle Plains Receives Yukon Environmental Award
Cranbrook, BC, November 24th, 2005: Eagle Plains Resources (TSX-V:EPL) has recently been awarded the Robert E. Leckie Award for Outstanding Exploration Reclamation Practices. Yukon Energy, Mines and Resources Minister Archie Lang presented the award on behalf of the Yukon Territorial Government at an award ceremony held in Whitehorse on November 21st. Tim Termuende, President and CEO of Eagle Plains accepted the award on behalf of the company.
The award is granted annually by the Yukon Government “to honour the best reclamation ...and to acknowledge the exemplary efforts by mining companies and operators who, along with others in the industry, combine to utilize modern reclamation practices”
The award was granted in recognition of efforts made by Eagle Plains to voluntarily carry out extensive reclamation activities at the Rusty Springs property located north of Dawson City, Yukon. Extensive debris had accumulated at the site from exploration activity carried out in the late 1970s by previous operators. Since acquiring the property in 1992, over 300 rusted fuel drums and many tons of metal debris were collected from across the project area, removed from the site by aircraft and placed in landfills in Dawson City and Whitehorse. During the 2005 season, Aurora Geosciences of Whitehorse on behalf of Eagle Plains supervised the completion of reclamation activities.
Eagle Plains Resources continues to conduct research, acquisition and exploration projects in western Canada. The Company controls over 30 gold and base-metal projects, many with third parties including NovaGold Inc. (NG:AMEX,TSX), Amarc Resources Ltd. - a Hunter Dickinson Group Company (AHR:TSX-V), Northern Continental Resources Inc. (NCR:TSX-V), and Golden Cariboo Resources Inc. (GCC:TSX-V). These agreements expose Eagle Plains to over $16.5 million in exploration expenditures over the next five years. In recent years, Eagle Plains has completed option agreements with Billiton Metals, Rio Algom Exploration, Kennecott Exploration, Viceroy Resource Corp. and numerous other junior exploration companies, resulting in over 27,000m (90,000 ft) of drilling and over $8,000,000 in exploration spending on its projects since 1998.
On behalf of the Board of Directors
“Tim J. Termuende”
President and CEO
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.