Cranbrook, B.C., 28 March, 2005: Eagle Plains Resources Ltd. (EPL:TSX-V) has commenced a three-hole, 3500’ diamond drilling program on the Iron Range project located in the Goat River area 15km NE of Creston, B.C.. Drilling activity is a continuation of work commenced late in 2004 that was interrupted by winter weather conditions (see NR November 16, 2004).
Cranbrook, B.C., 24 March, 2005: Eagle Plains Resources Ltd. (TSX-V:EPL) has granted incentive stock options to directors, officers and employees of the company for the purchase of a total of 925,000 shares at the exercise price of $.65 cents per share, expiring March 24th, 2010.
On behalf of the Board of Directors
“Tim J. Termuende”
President and CEO
Cranbrook, B.C. 04 March, 2005: Eagle Plains Resources Ltd (“EPL”) has been granted the exclusive exploration rights to over 4300 sq. km of land east of the Yukon/NWT territorial border, considered to be highly prospective for the presence of large carbonate-hosted silver-lead zinc deposits.
Cranbrook, B.C. 28 February, 2005: Eagle Plains Resources Ltd. (EPL:TSX-V) and option partner Northern Continental Resources (NCR:TSX-V) have initiated a 1200m (4000’) $200,000 diamond drilling program on the Abo Gold Project, located 5 km north of Harrison Hot Springs, approximately 100 km east of Vancouver, British Columbia.
Cranbrook, B.C. 18 January, 2005: Eagle Plains Resources Ltd. (EPL:TSX-V) announces that it has executed a Letter of Intent with Canadian Goldrush Corporation (CGC), a private Alberta company, whereby CGC may earn a 60% interest from EPL in the Titan molybdenum project located 50km west of Atlin in northwest British Columbia. The property is controlled 100% by EPL (subject to a 1.5% NSR), and consists of 137 claim units covering approximately 7,900 acres.
Cranbrook BC, 10 January 2005: Eagle Plains Resources Ltd. (TSX-V:EPL) has been notified by partner NovaGold Resources Inc. (AMEX, TSX: NG), that an inferred resource has been defined by Hatch Ltd. on behalf of NovaGold on Eagle Plains’ Copper Canyon gold-silver-copper project located in northwestern British Columbia. Exploration at Copper Canyon is being conducted concurrently with work on the contiguous Galore Creek project, controlled 100% by NovaGold.
Cranbrook, B.C., January 6, 2005: Eagle Plains Resources Ltd. (TSX-V:EPL) has completed a brokered and non-brokered flow-through and non-flow-through financing to arms length and non-arms length investors in British Columbia, Alberta and Ontario. Gross proceeds of $1,664,087.50 was raised through the issuance of 1,598,250 flow-through common shares priced at $.75 per share and 716,000 non-flow-through units priced at $0.65 per unit (each unit consisting of one common share and one-half warrant, exercisable at $1.00 for one year from date of closing).
Cranbrook, BC; 20 December, 2004: Eagle Plains Resources Ltd. (TSXV:EPL) has recently executed a Letter Agreement with Amarc Resources Ltd. (TSX-V:AHR), a Vancouver-based exploration company controlled by the Hunter-Dickinson Group.
Cranbrook, B.C., 17 December, 2004: Eagle Plains Resources Ltd. (EPL:TSX-V) has been notified by Kobex Resources Ltd. (KBX – TSX-V) that Kobex has terminated its option agreement with Eagle Plains on the Titan molybdenum project located west of Atlin, BC. Eagle Plains believes that potential for a high grade molybdenum resource still exists on the property and will seek to advance the project with participation by a joint venture partner.
Cranbrook, BC; 16 December, 2004: The Board of Directors of Eagle Plains Resources Ltd. (TSX-V:EPL) has elected (subject to regulatory approval) to extend existing warrants with a current expiry date of December 31st, 2004. Each warrant will entitle the holder to acquire one additional common share at a price of $1.00 per share, now exercisable until April 30th, 2005.