News

Cranbrook, B.C., 01 December, 2009: Eagle Plains Resources Ltd. (EPL:TSX-V) and Swift Resources Inc. (TSX-V:SWR) have entered into an option agreement on Eagle Plains’ 100% owned Iron Range project located in the Goat River area 15km NE of Creston, B.C. Under the terms of the agreement, Swift may earn a 60% interest in the property by completing $3,000,000 in exploration expenditures, making $500,000 in cash payments and issuing 750,000 shares to EPL over 5 years.

Cranbrook, BC; 17 November, 2009: Eagle Plains Resources (TSX-V:EPL) and Waterloo Resources Ltd. (TSX-V:WAT) have completed a $225,000 exploration program on the Ice River property located 30km SE of Golden, British Columbia. The property is host to precious metals and rare earth element (“REE”) mineralization in syenite and carbonatite dyke systems that are numerous and widespread over a 4+ kilometer-long corridor within the Ice River Intrusive Complex.

Cranbrook, BC; 06 November, 2009: Eagle Plains Resources (TSX-V:EPL) and Touchdown Capital Corp (TSX-V:TDW) have completed Phase 1 exploration activity and commenced a 500m Phase 2 diamond drilling program on the Sphinx molybdenum project located approximately 60 km west of Kimberley in the Nelson and Fort Steele Mining Divisions of British Columbia. 

The $220,000 program is funded by Touchdown, who have acquired Eagle Plain’s 100% interest in the 15,400 hectare property. 

Cranbrook, B.C., October 7th, 2009: Eagle Plains Resources Ltd (TSX-V:EPL) and Prize Mining Ltd. (TSX-V:PRZ) have completed mining and milling activity for the 2009 season and have commenced seasonal clean-up and maintenance. The first gold bar was recently poured from concentrate materials milled on-site and weighs 2.284 kg. The project is operated through the Yellowjacket Joint-Venture (“YJV”), jointly owned by Eagle Plains and Prize Mining and operated by Eagle Plains.