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.

Rio Algom drilled 2,578 m (8,456') in three holes on the South Findlay property. The holes targeted the Lower Aldridge-Middle Aldridge contact (LMC) delineated by 1999 geological mapping. Each hole collared in Middle Aldridge stratigraphy and was positioned to test the LMC contact approximately one kilometre down dip from its surface exposure. All three holes intersected the LMC contact and terminated in Lower Aldridge stratigraphy. Sampling and analysis of the core revealed weakly anomalous zinc and lead values in laminated greywackes immediately beneath the LMC contact.

Rio Algom has since served notice to Eagle Plains that they are terminating their option on the property. On the Greenland Creek property, Kennecott drilled a single 295m (968') hole which was to test a prominent zinc in soil geochemical anomaly delineated during the 1999 field season. The hole intersected a thick gabbro sill from 90m to 209m, then at 228m the hole entered granitic pegmatite that persisted to the bottom of the hole

On behalf of the Board of Directors

Signed

“Tim J. Termuende”
President and CEO

For further information on EPL, please contact Mike Labach at 1 866 HUNT ORE (486 8673)
Email: mgl@eagleplains.com or visit our website at http://www.eagleplains.com

 

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