News

Eagle Plains Announces Financing

Cranbrook, BC; 21 July, 2009: Eagle Plains Resources Ltd. (TSX-V:EPL) announces that the Company intends to complete a non-brokered private placement to arms-length and non arms-length investors. Application will be filed with the TSX Venture Exchange (TSX-V) to sell up to 7,000,000 non-flow-through units at a price of $.20 CDN per unit, each unit consisting of a non-flow-through common share and one-half non-flow-through common share purchase warrant, each whole warrant exercisable at $.30 CDN for a 24 month period. 

Eagle Plains/Prize Mining Receive Small Mines Permit for Yellowjacket Gold Project, Atlin, B.C.

Cranbrook, B.C., 13 July, 2009: Eagle Plains Resources Ltd. (EPL:TSX-V) and Prize Mining Corp. (PRZ:TSX-V) jointly announce that the British Columbia Ministry of Energy, Mines and Petroleum Resources ("BC-MEMPR") has awarded the Yellowjacket Venture (“Yellowjacket JV”) a Small Mines Act Permit for development and production at the Yellowjacket Gold Project in northwestern British Columbia.

Eagle Plains/Prize Mining Complete Ramp-Up to Commercial Production at Yellowjacket Gold Project, Atlin, B.C.

Cranbrook, B.C., 29 June, 2009: Eagle Plains Resources Ltd. (EPL:TSX-V) and Prize Mining Corp. (PRZ:TSX-V) jointly announce that the Yellowjacket Venture (“Yellowjacket JV”) has now completed commissioning and test work as scheduled on its mill facility at the Yellowjacket Gold Project located near Atlin, BC. A variety of material stockpiled by Prize in 2008 has now passed through the mill and represents a spectrum of hardness, mineralogy and grade in order to properly tune the facility.

Eagle Plains / Prize Mining Complete Mill Modifications and Commence Bulk-Sample Production at Yellowjacket Project, Atlin, B.C.

Cranbrook, B.C., 04 June, 2009: Eagle Plains Resources Ltd. (EPL:TSX-V) and Prize Mining Corp. (PRZ:TSX-V) jointly announce that the Yellowjacket Venture (“Yellowjacket JV”) has now completed modifications on its 350 tonne per day mill at the Yellowjacket Gold Project, located near Atlin, BC, and has begun processing of stockpiled material. 

Eagle Plains Commences 2009 Follow-up on Iron Range Gold Discovery

Cranbrook, B.C., 02 June, 2009: Eagle Plains Resources Ltd. (EPL:TSX-V) has commenced a $400,000 exploration program on the Iron Range project, located in the Goat River area 15km NE of Creston, B.C.. The work follows the discovery of high-grade gold mineralization on the property as announced earlier this year (see EPL NR April 20th, 2009). Highlights from 2008 drilling included hole IR08006, which returned 7.0m grading 51.52 g/t (1.50 oz/ton) gold from 20.0m to 27.0m, including 3.0m grading 118.45 g/t (3.46 oz/ton) gold from 20.0m to 23.0m. 

Yellowjacket Gold Project Commences Operations, Atlin, BC

Cranbrook, B.C., 13 May, 2009: Eagle Plains Resources Ltd. (EPL:TSX-V) and Prize Mining Corp. (PRZ:TSX-V) jointly announce that the Yellowjacket Venture (“Yellowjacket JV”) (Prize Mining Corporation 60% and Eagle Plains Resources Ltd. 40%) has now commenced work on its Yellowjacket Gold Project, located near Atlin, BC (see EPL NR April 6th, 2009). The Yellowjacket Gold Project is in the BC Small Mines Act Permit application process, with permit approval anticipated in June 2009. 

Eagle Plains/Teck Terminate Strategic Alliance

Cranbrook, B.C. 01 May, 2009: Eagle Plains Resources Ltd. (“Eagle Plains”) (EPL:TSX-V) and Teck Cominco Limited (“Teck”) (TCK.B:TSX) have agreed to terminate a Strategic Alliance to explore for base-metals (zinc, lead, copper, silver) in the Mackenzie Mountain area of western NWT (see EPL news releases June 15th, 2007; May 8th, 2008). Eagle Plains has been active in the region since 2000, and controls permits and claims covering an area of over 7,700 square km.

Eagle Plains Drills Intersect High-Grade Gold at Iron Range

Cranbrook, B.C., 20 April, 2009: Eagle Plains Resources Ltd. (EPL:TSX-V) has received final results from a 20-hole 1,670m (5,500’) drill program completed during 2008 on the Iron Range project, located in the Goat River area 15km NE of Creston, B.C.. The property consists of 9,400 ha owned 100% by Eagle Plains and has no underlying royalties or encumbrances.

Pages