News

Eagle Plains' Announces Results From Pelly Mountain Project 2001 Reconnaissance Program

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce analytical results from a reconnaissance geochemical program carried out during June in the Pelly Mountain Volcanic Belt, south-central Yukon Territory, approximately 30km south of Ross River. The 2001 program follows diamond drilling completed by Eagle Plains in 2000 which intersected exhalitive type mineralization on both the FIRE and ICE properties, located approximately 7 kms apart.

Eagle Plains Announces Financing

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) announces that it intends to complete a private placement to arms length investors in the United States. Application will be filed with the CDNX to sell up to 2.5 million units consisting of 2.5 million common shares at a price of $.15 CDN and 2.5 million warrants exercisable for a period of two years at a price of $.20 CDN per share. A finders fee of up to 10% of gross proceeds will be paid, with maximum gross proceeds of the offer expected to be $375,000.

Eagle Plains Acquires "Abo" Gold Deposit

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce that it has received title to 29 claim units (1760 acres) containing the Abo (Harrison Gold) deposit, located 130km east of Vancouver near Harrison Lake. Property mineralization consists of a number of gold occurrences associated with a series of small intrusive stocks. Accessory minerals include copper, silver, lead, zinc, molybdenum, tungsten and bismuth.

Eagle Plains Enters Into Agreement to Option its 100% Owned "Bar" Claims, Wells/Barkerville, B.C. Area

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) announces that it has executed an agreement with Golden Cariboo Resources Ltd. ("Cariboo"), whereby Cariboo may obtain an option to purchase a 100% interest (less 2% NSR reserved for EPL) in the "Bar" mineral claims located 18km SW of Barkerville, in central British Columbia.

Eagle Plains Discovers Base-Metals on Pelly Mountain VMS Properties, Central Yukon Territory

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce analytical results on two of its 100% owned properties located in the Pelly Mountains of south-central Yukon Territory, approximately 30km south of Ross River. Volcanogenic massive sulphide (VMS) polymetallic (gold-silver-copper-lead-zinc) mineralization was targeted on the St. Cyr, Fire, and Ice properties. Though no significant mineralization was encountered on the St.

Diamond Drilling Programs Completed on Eagle Plains' Findlay Creek Area Base-Metal Properties, Southeastern B.C.

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) announces that it has received notification from optionees Rio Algom Exploration Inc. and Kennecott Canada Exploration Inc. that exploration activities for the 2000 field season have been completed on Eagle Plains' 100% owned South Findlay and Greenland Creek properties, located near Kimberley, British Columbia.

Diamond-drilling Completed on Eagle Plains' Pelly Mountain VMS Properties, Central Yukon Territory

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce that it has completed diamond drilling programs on three of its 100% owned properties located in the Pelly Mountains of south-central Yukon Territory, approximately 30km south of Ross River. Volcanogenic massive sulphide (VMS) polymetallic (gold-silver-copper-lead-zinc) mineralization was targeted on the St. Cyr, Fire, and Ice properties. Six holes totaling 729.3m (2392') were completed during the course of the four-week program.

Drilling Commences on Eagle Plains' Greenland Creek Property, Southeastern British Columbia

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce that it has received notification from optionee Kennecott Canada Exploration Inc. that diamond drilling has commenced on Eagle Plains' 100% owned Greenland Creek property, located 30km northwest of Kimberley, British Columbia.

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