CanAustra to Drill Eagle Plains' Rusty Springs Property
June 28, 1999
Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:ASE) Crews have been mobilized to an area north of Dawson City, Yukon to commence a $250,000 diamond drilling project on the Rusty Springs base-metal property, owned 100% by Eagle Plains Resources Ltd. (EPL:ASE). CanAustra Resources Ltd. (CTA:ASE) has an option to earn a 60% interest in the 541 unit (27,000 acre) property by completing $2,000,000 in exploration expenditures, and making $70,000 in cash payments to Eagle Plains over 4 years.
Eagle Plains Acquires Zinc Reserves
June 22, 1999
22 June, 1999 Cranbrook BC., The company has completed staking on two significant base-metal properties in the Northwest Territories and Southeastern British Columbia areas of Western Canada. The properties have been named Gayna River and Coyote Creek, respectively.
Eagle Plains Forms Strategic Alliance With Billiton Plc
May 20, 1999
Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:ASE) announces that it has entered into an agreement with London-based Billiton Plc through its wholly owned subsidiary Billiton Exploration Canada Limited, covering claims in the Findlay Creek area located 45 km north of the Sullivan Mine in southeastern B.C., Canada. This area is considered highly prospective for the discovery of new zinc sedex deposits located within the Proterozoic Aldridge Formation. The Sullivan deposit, owned by Cominco Ltd.
Eagle Plains/Miner River Complete Amalgamation
May 13, 1999
Calgary Alberta: The board of directors of Eagle Plains Resources Ltd. (EPL:ASE) and Miner River Resources Ltd. (MRG:ASE) announce that the respective shareholders of Eagle Plains and Miner River have unanimously approved the previously announced amalgamation of the two companies under the name "Eagle Plains Resources Ltd.". It is anticipated that the effective date of the amalgamation will be May 12th, 1999.
Eagle Plains/Miner River Sign Letter of Intent with Rio Algom Exploration on South Findlay property in southeastern B.C.
March 30, 1999
Cranbrook, B.C.:Eagle Plains Resources Ltd. (EPL:ASE) and Miner River Resources Ltd. (MRG:ASE) have signed a Letter of Intent with Rio Algom Exploration Inc. on a portion of the Eagle Plains/Miner River 50:50 joint venture Findlay Creek project located about 35 km north of Cominco's Sullivan mine in southeast British Columbia.
Eagle Plains Resources Ltd. and Miner River Resources Ltd. Propose to Amalgamate
February 25, 1999
Cranbrook, B.C.: The board of directors of Eagle Plains Resources Ltd. (EPL:ASE) and Miner River Resources Ltd. (MRG:ASE) wish to announce that they have reached an agreement in principal to amalgamate under the name "Eagle Plains Resources Ltd.". It is anticipated that the effective date of the amalgamation will be December 31, 1998.
Eagle Plains/Miner River Execute Formal Agreement with Kennecott on Greenland Creek Claims, Regain 100% Control of Findlay Creek Project
February 2, 1999
Cranbrook, B.C.: Partners Eagle Plains Resources Ltd. (EPL:ASE) and Miner River Resources Ltd. (MRG:ASE) have executed a formal option agreement with Kennecott Canada Exploration Inc. on their 50:50 joint-venture Greenland Creek property. In addition to an initial payment of $70,000 the agreement provides that Kennecott may earn a 60% interest in the 247 claim unit (15,000 acre) property by spending $2,000,000 on exploration and making total cash payments of $310,000 over a 4 year period (see News Release Nov 13, 1999).
Findlay Drilling Yields Significant Results
January 12, 1999
Cranbrook, B.C.: Partners Eagle Plains Resources Ltd. (EPL:ASE) and Miner River Resources Ltd. (MRG:ASE) announce that final results have been received from a drilling program carried out during late 1998 on their 50/50 joint-venture Findlay property located in southeastern British Columbia within the North Sullivan Camp. Operator Kennecott Canada Exploration Inc.