News

Eagle Plains/Blind Creek Commence Drilling Program at Blende Silver/Base-Metal Deposit, Yukon Territory

Cranbrook, B.C. 07 June, 2007: Eagle Plains Resources Ltd. (EPL:TSX-V) and option partner Blind Creek Resources Ltd. (a private B.C. company) jointly announce that they have mobilized crews and equipment to commence a diamond drilling program on the Blende property, located in central Yukon approximately 65km NE of Keno. A total of 2,500m of drilling is planned for the project during 2007. The budget for the Phase 1 program has been set at $1,000,000. 

CGC Inc to Commence Drilling on Eagle Plains’ Coyote Creek Property

Cranbrook, B.C., 28 May, 2007: Crews and equipment have been mobilized to the Coyote Creek gypsum project located in the Coyote Creek/Lussier River area 50km NE of Cranbrook, BC.  As announced October 19th, 2006, CGC Inc. has agreed to purchase a 100% interest in the property, and is in the process of completing their due diligence work. The transaction is expected to close on October 2nd, 2007.

Eagle Plains Commences 2007 Drilling Program on Sphinx Molybdenum Project

Cranbrook, B.C., 24 April, 2007: Eagle Plains Resources Ltd. (EPL:TSX-V) has commenced work related to a 2500m Phase 1 diamond drilling program on it’s 100% controlled Sphinx property, located 60 km west of Kimberley, B.C..  Drilling was last completed on the property in late fall, 2006 (see EPL NR February 7th, 2007).

Eagle Plains Resources Ltd. Announces its Guidance Regarding Computation of the Shareholders' Adjusted Share Cost Base for Copper Canyon New Shares Issued in Connection with its Plan of Arrangement

Cranbrook, B.C., February 19th, 2007: Eagle Plains Resources (TSX-V:EPL) is pleased to provide guidance regarding the computation of shareholders' adjusted cost base for Canadian tax purposes in connection with its Plan of Arrangement (the "Arrangement") which became effective June 9, 2006. Under the Arrangement, each Eagle Plain shareholder of record on June 1, 2006 (the share distribution record date) received one common share in Copper Canyon Resources Ltd. for each common share of Eagle Plains held by such shareholder.

Eagle Plains/Blue Sky Execute Letter of Intent on Karin Lake Uranium Project

Cranbrook, B.C., February 15th, 2007: Eagle Plains Resources (TSX-V:EPL) and Blue Sky Uranium Corp. (TSX-V:BSK, WKN:AOMKXP) have executed a Letter of Intent whereby Eagle Plains has agreed to grant Blue Sky the option to earn a 60% interest in the 35,000 ha Karin Lake property located 35 km east of Cameco’s Key Lake mining operation in north-central Saskatchewan, Canada.

Eagle Plains Acquires Exclusive Exploration Rights to Mackenzie Silver-Lead-Zinc District

Cranbrook, B.C., 14 February, 2007: Eagle Plains Resources Ltd (“EPL”) has been granted the exclusive exploration rights to an additional 3,100 sq. km of land east of the Yukon/NWT Territorial border, considered to be prospective for the presence of large carbonate-hosted silver-lead-zinc deposits.

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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