Eagle Plains Sponsors Sullivan Mineral Collection Display
Cranbrook, B.C., January 16th, 2017: Eagle Plains Resources Ltd. (TSX-V: “EPL”) is pleased to assist in funding a museum-level display of ore and rock specimens as well as drill core from Sullivan mine and surrounding area which will be located in the Kimberley Underground Mining Railway Station. Mick Henningson, former Senior Vice President, Mining with TeckCominco, now President of the Sullivan Mine & Railroad Historical Society, has secured funding and with an intrepid group of volunteers is organizing construction for this project.
Drawings illustrating key elements of regional and mine geology will also be included in the display. Most of the specimens and core have been donated from the personal collection of Paul Ransom, with many ore specimens having been cut and polished to enhance mineral and textural details.
The Sullivan Core Shack will be an archive of specimens of one of the greatest lead-zinc-silver deposits on Earth. It will be organized in such a manner that the display will be of educational value to students at all levels and of viewing interest to the layman or professional. In addition to focusing on the orebody itself the display will cover aspects of the sedimentary, igneous and metamorphic rocks of the region as well as five local historic mines of note: the North Star and Stemwinder Mines also in Kimberley, the St. Eugene at Moyie, the Kootenay King at Fort Steele and the Estella at Wasa.
Eagle Plains Resources has been actively exploring in the East Kootenay region for “Sullivan–type” lead-zinc deposits and is proud to join the City of Kimberley, Teck Resources, Kootenay Zinc Corp., Redding Mining and Columbia Basin Trust through both the Columbia Kootenay Cultural Alliance and the RDEK administered Community Initiatives Program in sponsoring this project.
About Eagle Plains Resources
Based in Cranbrook, B.C., Eagle Plains continues to conduct research, acquire and explore mineral projects throughout western Canada. The Company is committed to steadily enhancing shareholder value by advancing our diverse portfolio of projects toward discovery through collaborative partnerships and development of a highly experienced technical team. Managements’ current focus is to preserve its treasury while advancing its most promising exploration projects. In addition, Eagle Plains continues to seek out and secure high-quality, unencumbered projects through research, staking and strategic acquisitions. Since 2012, Eagle Plains has added to its portfolio a number of new projects exceeding 130,000 ha targeting mainly gold, uranium and base-metals in Saskatchewan, a highly-prospective mining jurisdiction which was recently recognized by the Fraser Institute as the second best place in the world in terms of Investment Attractiveness. 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.
Expenditures from 2011-2016 on Eagle Plains-related projects were approximately $16.0M, which was funded by Eagle Plains and for the most part, by third-party partners. This exploration work resulted in approximately 15,000 m of diamond-drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at various stages of development.
On behalf of the Board of Directors
“Tim J. Termuende”
President and CEO
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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.