News

Eagle Plains Extends Warrant Expiry Date

Cranbrook, BC; 12 April, 2005: 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 April 30th, 2005. Each warrant will entitle the holder to acquire one additional common share at a price of $1.00 per share, now exercisable until October 31st, 2005.

Eagle Plains Commences Diamond Drilling on Iron Range Project, Completes Abo Drill Program

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).

Eagle Plains Grants Options to Directors and Employees

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

Signed

“Tim J. Termuende”
President and CEO

Eagle Plains/Northern Continental Commence Drill Program on “Abo” Gold Project, South-Western B.C.

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.

Eagle Plains/Canadian Goldrush Sign Letter of Intent on “Titan” High-Grade Molybdenum Project

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.

Eagle Plains’ Copper Canyon Property adds 2.8M oz Gold, 37M oz Silver and 1.1B lbs Copper to NovaGold’s Galore Creek Project

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.

Eagle Plains Completes $1.66M Flow-Through, Non Flow-Through Financing

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).

Kobex Terminates Option on Eagle Plains’ “Titan” Molybdenum Project

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.

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