Eagle Plains Completes Airborne Geophysical Surveys on Kootenay-Area Mineral Projects
Cranbrook, B.C., 05 April, 2004: Eagle Plains Resources Ltd. (EPL:TSX-V) has recently completed airborne geophysical surveys on six separate mineral projects located in the East Kootenay region of south-eastern British Columbia. The survey was conducted by Geotech Geophysical Ltd., and consisted of airborne magnetometer and time-domain electromagnetic (EM) instrumentation.
The properties subject to the survey are all owned 100% by Eagle Plains, and include Black Diamond (silver, lead, zinc), Wildhorse (copper, gold), Bohan (lead, zinc), Kokanee Creek (gold), Iron Range (copper, gold, silver, lead, zinc) and Sphinx (copper, gold). The total survey program took one week to complete, and consisted of approximately 1,050 line-km of coverage. Eagle Plains expects to receive technical reports for the projects by mid-May, and will use results of the surveys to help guide future exploration of the properties.
Eagle Plains Resources continues to conduct research, acquisition and exploration projects in western Canada. Through a network of experienced prospectors, consultants and contractors in addition to seasoned employees and a well-rounded Board of Directors, the Company has assembled a diverse portfolio of gold and base-metal properties. Eagle Plains seeks to attract joint-venture participation on its properties, thereby leveraging exploration spending to the ultimate benefit of the Company’s shareholders. In recent years, Eagle Plains has completed option agreements with Billiton, Rio Algom, Kennecott, NovaGold/SpectrumGold Inc., Viceroy Resource Corp. and numerous other junior exploration companies, resulting in nearly 13,000m (43,000’) of drilling and over $5,000,000 in exploration spending on its properties since 1998.
On behalf of the Board of Directors
“Tim J. Termuende”
President and CEO
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.