Eagle Plains Reports Significant Results from 2006 Drilling Program on Sphinx Molybdenum Project

Cranbrook, B.C., 07 February, 2007: Eagle Plains Resources Ltd. (EPL:TSX-V) has compiled and interpreted assay results from a 5,500’ (1,700m), four-hole diamond drilling program on it’s 100% controlled Sphinx property, located 60 km west of Kimberley, B.C.  Drilling was completed on the property in late Fall, 2006.

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