Corporate Overview

Mission Statement

Eagle Plains is committed to steadily building shareholder value by advancing our diverse portfolio of projects toward discovery utilizing collaborative partnerships and our highly experienced technical and management teams. The company’s current focus is to preserve its robust treasury while advancing its most promising projects. In addition, Eagle Plains continues to seek out and secure high-quality, unencumbered projects through research, staking and strategic acquisitions.  Throughout the exploration process, our mission is to help maintain prosperous communities by exploring for and discovering resource opportunities while building lasting relationships through honest and respectful business practices. 

Vision Statement

Eagle Plains’ primary vision is to locate ore deposits in Canada. In pursuit of this goal, the company aspires to be the “partner of choice” for junior exploration companies and major mining companies seeking to acquire quality exploration projects and access our in-house technical expertise to collaborate on discoveries. 

Celebrating over 28 years

In 2021 Eagle Plains Resources officially turned 28 years old having been incorporated in March 1994. During that time the company has provided several exit and entry opportunities as depicted in this value chart. Management has developed the company with a long-term view, having acquired significant assets when opportunity presented themselves and vertically integrating these to maximize sustainability and profit. Management has seized opportunity and operated prudently, the proof is in the pudding as the company has never conducted a rollback in over twenty eight years of operating and has ~110m shares outstanding.   Eagle Plains is the 9th oldest stock on the TSX-V and one of a few in this club to have not consolidated the share structure. 

Treasury

Eagle Plains is in a sound financial position, maintaining a healthy treasury and continuing to be debt-free.

Revenue Generation

Eagle Plains bolsters the treasure by generating revenue through a variety of means, these include:

  • ​Providing geological consulting services to partners and third parties
  • Cash and share payments from partner companies earning in on project option agreements
  • Provide qualifying transaction projects and facilitating the listing process on the venture exchange for other companies
  • Rental income of office space (Eagle Plains owns a large office building and geological processing facility in Cranbrook, British Columbia)

Project Generator Model - Option Agreements and Joint Ventures

Eagle Plains has been finding success with the project generator business model.  We continue to invite joint-venture participation to share with the exploration and development of our projects.  Follow this link for a list of option arrangements - active and completed.

TerraLogic Exploration Services

As listed above, an element of the corporate strategy is to provide competitively priced geological consulting services to partner companies and third party clients.  This consulting company, TerraLogic Exploration Inc., offers a full range of GIS, data management, data collection, and geological services as well as diamond-drilling support.  If you are seeking exploration services please contact Jesse Campbell toll free at 1 778 520 2000 or visit www.terralogicexploration.com for more details.

Creating Shareholder Value

One facet of Eagle Plains business model is to spin-out developed or under-valued assets into new corporate entities to spotlight their value.  This creates shareholder value by the issuance of new corporate shares and makes the spun-out asset readily available for acquisition.  An example of this strategy was Copper Canyon Resources which was spun-out in June 2006 and subsequently purchased by NovaGold Resources in early 2011.  Copper Canyon Resources consisted of 4 projects of which 3 were again spun-out into a new company called Omineca Mining and Metals at the time of its acquisition by NovaGold. Another example of this strategy was the spin-out of Taiga Gold Corp. in April 2018 which was purchased in an all cash deal by SSR Mining in June 2022.  The combined value of all Eagle Plains spin-outs exceeds $100 million.

Eagle Plains and TerraLogic Exploration Services Staff

Eagle Plains is proud to have assembled an impressive technical team under the subsidiary company TerraLogic Exploration Inc. and continues to value the support of the administrative staff, all of whom provide the skills necessary to carry out our goal of creating shareholder value.  Eagle Plains controls more than 35 mineral exploration properties representing a wide variety of miineralization types, the diversity of experience and knowledge of our team of geologists and technicians is integral to the efficient and thorough exploration of these properties.

Eagle Plains and the Community

Eagle Plains has a history of supporting community initiatives in the areas it operates through donations to select clubs, charities and organizations. Some of these include B.C. Children's Hospital, youth sports programs, food banks and community safety/education initiatives. 

During 2021, Eagle Plains has made donations to:

  • Operation Street Angel
  • ​Rotary Club of Cranbrook
  • Cranbrook Food Bank Society
  • East Kootenay Foundation for Health
  • Cranbrook Salvation Army
  • Angel Flight East Kootenay
  • East Kootenay Chamber of Mines
  • Chamber of Mines of Eastern BC
  • Kootenay Avalanche Hockey

Updated July 13, 2022

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