News

Eagle Plains Appoints David Johnston, P.ENG, Director; and Grants Options to Employees & Directors

Cranbrook, B.C.: December 21, 2005. Eagle Plains Resources Ltd. (EPL:TSX-V) is pleased to announce the appointment of David L. Johnston, BASc(Mining), MASc(Mining Engineering), to the Board of Directors. Mr. Johnston is a professional engineer who has held senior management positions at Cominco Ltd. and Cominco subsidiaries for over thirty five years.

From 1995 to 1999 David was president and general manager of Highland Valley Copper Corporation, North America's third largest open pit copper mine.

Eagle Plains Closes $1.3M Financing

Cranbrook, B.C., 19 December, 2005: Eagle Plains Resources Ltd. (EPL:TSX-V) has closed a non-brokered public offering as announced on November 10, 2005 and amended November 17th, 2005. The financing was comprised of 1,276,427 non flow-through units for gross proceeds of CDN$893,499 and 417,237 flow-through shares for gross proceeds of CDN$417,237. A total of 1,693,664 shares and 1,276,427 warrants were issued, for total proceeds of the financing of CDN$1,310,736.

Eagle Plains/Northern Continental Commence Drill Program on Abo Gold Project, South-Western B.C.

Cranbrook, B.C., 08 December, 2005: Eagle Plains Resources Ltd. (EPL:TSX-V) and option partner Northern Continental Resources (NCR:TSX-V) have initiated a 600m (2,000’) $100,000 diamond drilling program on the Abo Gold Project, located 5 km north of Harrison Hot Springs, approximately 100 km east of Vancouver, British Columbia. The current program is designed to follow-up on a new zone of high grade mineralization discovered during drilling activity conducted in April of this year.

Eagle Plains Receives Yukon Environmental Award

Cranbrook, BC, November 24th, 2005: Eagle Plains Resources (TSX-V:EPL) has recently been awarded the Robert E. Leckie Award for Outstanding Exploration Reclamation Practices. Yukon Energy, Mines and Resources Minister Archie Lang presented the award on behalf of the Yukon Territorial Government at an award ceremony held in Whitehorse on November 21st. Tim Termuende, President and CEO of Eagle Plains accepted the award on behalf of the company.

Eagle Plains Announces Financing

Cranbrook, BC; 10 November, 2005: Eagle Plains Resources Ltd. (TSX-V:EPL) announces that it 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 300,000 flow-through common shares ("Flow-through Shares") at a price of $1.00 CDN per share and up to 700,000 non-flow-through units ("Units") at a price of $0.70 CDN per Unit.

Eagle Plains Releases Final Results From Phase-One Drilling Program on Sphinx Molybdenum Project

Cranbrook, B.C. 25 October, 2005: Eagle Plains Resources Ltd. (EPL: TSX-V) has completed Phase 1 drilling activity on it’s 100% controlled Sphinx property, located 60 km west of Kimberley, BC. The claims consist of a total area of 2500 ha, with 1600 ha acquired by staking by EPL and 900 ha subject to an option to earn 100% interest (less 1% NSR) from arms-length individuals. A total of 14 holes were completed for a total of 10,921’ (3,330m).

Eagle Plains Commences Drilling On Coyote Creek Gypsum Project

Cranbrook, B.C. 12 October, 2005: Eagle Plains Resources Ltd. (EPL:TSX-V) has commenced a 10 hole, 2000 foot diamond drilling program on the Coyote Creek gypsum project located in the Lussier River/Coyote Creek area 50km NE of Cranbrook, BC. The property consists of 12 claims (1300 hectares) owned 100% by Eagle Plains and holds no underlying royalties or encumbrances. The property is road-accessible and has seen extensive logging activity in recent years. Hydro-electric power and rail transportation is located 15km by road from property boundaries.

Eagle Plains Announces Financing

Cranbrook, BC; 29 September, 2005: Eagle Plains Resources Ltd. (TSX-V:EPL) announces that it has completed a non-brokered private placement to a single arms-length investor, issuing 250,000 flow-through common shares at a price of $1.00 CDN per share for aggregate proceeds of $250,000 CDN.  No commission or finders fee was paid.

Proceeds from the financing will be used to advance exploration activities on the Company’s British Columbia properties.

Eagle Plains Announces Financing

Cranbrook, BC; 27 September, 2005: Eagle Plains Resources Ltd. (TSX-V:EPL) announces that it intends to complete a non-brokered private placement to a single arms-length investor. Application will be filed with the TSX Venture Exchange (TSX-V) to sell 250,000 flow-through common shares at a price of $1.00 CDN per share for aggregate proceeds of $250,000 CDN.  No commission or finders fee will be paid.

Funds generated by the financing will be used to advance exploration activities on the Company’s British Columbia properties.

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