CanAustra to Drill Eagle Plains' Rusty Springs Property

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.

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