News

Diamond Drilling Programs Completed on Eagle Plains' Findlay Creek Area Base-Metal Properties, Southeastern B.C.

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) announces that it has received notification from optionees Rio Algom Exploration Inc. and Kennecott Canada Exploration Inc. that exploration activities for the 2000 field season have been completed on Eagle Plains' 100% owned South Findlay and Greenland Creek properties, located near Kimberley, British Columbia.

Diamond-drilling Completed on Eagle Plains' Pelly Mountain VMS Properties, Central Yukon Territory

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce that it has completed diamond drilling programs on three of its 100% owned properties located in the Pelly Mountains of south-central Yukon Territory, approximately 30km south of Ross River. Volcanogenic massive sulphide (VMS) polymetallic (gold-silver-copper-lead-zinc) mineralization was targeted on the St. Cyr, Fire, and Ice properties. Six holes totaling 729.3m (2392') were completed during the course of the four-week program.

Drilling Commences on Eagle Plains' Greenland Creek Property, Southeastern British Columbia

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce that it has received notification from optionee Kennecott Canada Exploration Inc. that diamond drilling has commenced on Eagle Plains' 100% owned Greenland Creek property, located 30km northwest of Kimberley, British Columbia.

Eagle Plains Acquires Acacia VMS Property, South-Central BC

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce that the Company has recently completed staking within a mineralized belt of rocks considered to have high potential for hosting Volcanogenic Massive Sulphide (VMS) deposits. These deposits typically contain both base and precious metals, and occur in clusters and/or stacked lenses.

Eagle Plains Shareholders Approve Shareholder Protection Rights Plan

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce that shareholders have approved the Shareholder Protection Rights Plan Agreement (the "Rights Plan") at the annual and special shareholders meeting held in Calgary, Alberta on May 30, 2000. The directors are now authorized to implement the Rights Plan, at such time and under such circumstances as the directors, in their sole discretion, shall determine.

Eagle Plains Executes Agreement with Rio Algom Exploration on Bootleg Base-Metal Property, Southeastern B.C.

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) has formalized an agreement with Rio Algom Exploration Inc. on Eagle Plains' 100% owned Bootleg project located 1.5 km west of Kimberley, British Columbia. The property is situated 5 km from Cominco's world-class Sullivan deposit, and is contiguous with the Sullivan crown grants.

Eagle Plains Completes $350,000 Financing

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) announces that it has closed a non-brokered flow-through private placement to arms length and non-arms-length investors. $350,000 was raised through the sale of 1.4 million common shares at a price of $.25 per share. No commission or finders fees were granted relating to the transaction. The shares will have a four month hold period expiring September 15th, 2000.

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