News

Eagle Plains/Shoshone Silver Execute Formal Agreement on Blende Property, Acquire Additional Claims

Cranbrook, B.C. 11 May, 2004: Eagle Plains Resources Ltd. (EPL:TSX-V) announces that it has executed a formal option agreement with Shoshone Silver Mining Co.. (SHSH:OTC) whereby Shoshone may earn a 60% interest from EPL in the Blende silver/base-metal deposit located in the Wernecke Mountains, approximately 65 NE of Keno in central Yukon Territory. The property is currently owned 100% by EPL (subject to a 1% NSR), and originally consisted of 16 quartz claims covering approximately 800 acres.

Eagle Plains Commences Fieldwork on Iron Range Project

Cranbrook, B.C., 05 May, 2004: Eagle Plains Resources Ltd. (EPL:TSX-V) has commenced fieldwork on the Iron Range project located in the Goat River area 15km NE of Creston, B.C.. The property consists of 144 units (8,700 acres) owned 100% by Eagle Plains and holds no underlying royalties or encumbrances. The property is well situated with respect to infrastructure, with a high pressure gas pipeline, high voltage hydro-electric line, railway and major highway located within property boundaries.

Eagle Plains Completes Airborne Geophysical Surveys on Kootenay-Area Mineral Projects

Cranbrook, B.C., 05 April, 2004: Eagle Plains Resources Ltd. (EPL:TSX-V) has recently completed airborne geophysical surveys on six separate mineral projects located in the East Kootenay region of south-eastern British Columbia. The survey was conducted by Geotech Geophysical Ltd., and consisted of airborne magnetometer and time-domain electromagnetic (EM) instrumentation.

Eagle Plains/Northern Continental Complete Airborne Geophysical Survey on Terrace-Area Gold Projects

Cranbrook, B.C., 01 April, 2004: Eagle Plains Resources Ltd. (EPL:TSX-V) and Northern Continental Resources (NCR:TSX-V) have recently completed an airborne geophysical survey on two separate mineral projects located 30-40km north of Terrace, in west-central British Columbia. The survey was conducted by Geotech Geophysical Ltd., and consisted of airborne magnetometer and time-domain electromagnetic (EM) instrumentation.

SpectrumGold/Eagle Plains Execute Copper Canyon Agreement, SpectrumGold Acquires Share Position in Eagle Plains

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:TSX-V) and SpectrumGold Inc. (SGX:TSX-V) have executed a formal option agreement under which SGX can earn a 60% interest in the Copper Canyon project from EPL by completing C$3 million in exploration expenditures, issuing 400,000 shares of SpectrumGold over the next 3 years and making property payments totaling C$250,000.

Eagle Plains/Kobex Resources Sign Letter of Intent for “Titan” High-Grade B.C. Molybdenum Project

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:TSX-V) announces that it has executed a Letter of Intent with Kobex Resources Ltd.(KBX:TSX-V) whereby Kobex 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 29 claim units covering approximately 1,700 acres.

Eagle Plains/Shoshone Silver Sign Letter of Intent for Yukon Silver/Base-Metal Deposit

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:TSX-V) announces that it has executed a Letter of Intent with Shoshone Silver Ltd. (SHSH:OTC) whereby Shoshone may earn a 60% interest from EPL in the Blende silver/base-metal deposit located in the Wernecke Mountains, approximately 65 NE of Keno in central Yukon Territory. The property is owned 100% by EPL (subject to a 1% NSR), and consists of 16 quartz claims covering approximately 800 acres.

Eagle Plains Announces $4.5M Financing

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:TSX-V) announces that it intends to complete a brokered public offering to raise up to $4,500,000 by way of Offering Memorandum to arm’s-length investors. First Associates Investments Inc. will be lead broker for the offering on a best efforts basis and subject to due diligence, though a sellers group is expected to involve various investment houses.

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