News

Eagle Plains/Blind Creek Release Results from 2008 Drilling Program at Blende Silver/Base-Metal Project, Yukon Territory

Cranbrook, B.C. 22 January, 2009: Eagle Plains Resources Ltd. (EPL:TSX-V) and Blind Creek Resources Ltd. (a private B.C. company) jointly announce that they have completed fieldwork and received final assay results from a 7-hole, 3,435 ft (1,047.3 m) diamond drilling program on the Blende property, located in central Yukon approximately 65km NE of Keno Hill.

Diamond Drilling Results Released from Kalum Gold Project

Cranbrook, BC; 15 December, 2008: Option partner Mountain Capital Inc. (TSX-V:MCI.P) has recently notified optionor Eagle Plains Resources (TSX-V:EPL) that final results have been received from an 11-hole, 1,390m diamond drilling program completed on the Kalum property in fall, 2008. The road-accessible, 20,762 ha property is located approximately 35 kilometres northwest of Terrace, British Columbia in the Skeena Mining Division of British Columbia.

Eagle Plains/Waterloo Execute Option Agreement for Ice River Rare Earth Project

Cranbrook, B.C., September 25th, 2008: Eagle Plains Resources (TSX-V:EPL) and Waterloo Resources Ltd (TSX-V:WAT.P) have executed a formal option agreement whereby Waterloo may earn a 60% interest in the Ice River property by making exploration expenditures of $3,000,000 and completing payments of 700,000 shares (on a post sub-divided basis – see also the Waterloo news release dated September 11, 2008) and $500,000 cash over a five year period. A 1% NSR is reserved for Eagle Plains.

Diamond Drilling Commences on Eagle Plains’ Bohan Project

Cranbrook, B.C., 09 September, 2008: a drill crew has been mobilized to Eagle Plains Resources’ (EPL:TSX-V) Bohan project located 20km NE of Creston, southeastern British Columbia. The 7,900ha property is 100% owned by EPL and carries no underlying royalties or encumbrances. It is road-accessible and favorably located with respect to hydro power and rail transportation infrastructure. A total budget for the program has been set at $400,000 and will consist of approximately 1,200m (4,000’) in 5-7 holes.

Eagle Plains/Blind Creek Complete Drilling Program at Blende Silver/Base-Metal Deposit, Yukon Territory

Cranbrook, B.C. 02 September, 2008: Eagle Plains Resources Ltd. (EPL:TSX-V) and option partner Blind Creek Resources Ltd. (a private B.C. company) jointly announce that they have successfully completed a 7-hole, 1047m (3400’) diamond drilling program on the Blende property, located in central Yukon approximately 65km NE of Keno.

Eagle Plains/Blind Creek Commence Drilling Program at Blende Silver/Base-Metal Deposit, Yukon Territory

Cranbrook, B.C. 31 July, 2008: Eagle Plains Resources Ltd. (EPL:TSX-V) and option partner Blind Creek Resources Ltd. (a private B.C. company) jointly announce that they have mobilized crews and equipment to commence a diamond drilling program on the Blende property, located in central Yukon approximately 65km NE of Keno. A total of 1,200m of drilling is planned for the project during 2008. The budget for the 2008 program has been set at $700,000 and includes metallurgical testing of mineralized material.

Eagle Plains Resources Commences Summer Field Programs

Cranbrook, B.C., June 19th, 2008: Eagle Plains Resources (TSX-V:EPL) has mobilized crews to commence work in both British Columbia and NWT on projects in various stages of development. $6M in exploration expenditures are planned for the year, with 14 individual projects scheduled for work. 6 projects are expected to see diamond drilling this year, with approximately 5500m (18,000’) in total footage planned to date. Approximately ½ of the total expenditures will be incurred by third parties under various option agreements currently in place.

Eagle Plains Resources Announces Termination of Agreement with Wellstar Energy

Cranbrook, B.C., May 23th, 2008: Eagle Plains Resources (TSX-V:EPL) announces that Wellstar Energy Corporation (WST:TSX.V) has defaulted on the performance requirements of the option agreement between Wellstar and Eagle Plains on the Kulyk and Jenny Lake uranium project in north central Saskatchewan. Eagle Plains has formally notified Wellstar that the option agreement on the 100% Eagle Plains owned property is terminated and that Eagle Plains will be seeking full payment of the outstanding monies owed to its subsidiary Bootleg Exploration Ltd. 

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