News

Cranbrook, B.C. 18 January, 2005: Eagle Plains Resources Ltd. (EPL:TSX-V) announces that it has executed a Letter of Intent with Canadian Goldrush Corporation (CGC), a private Alberta company, whereby CGC may earn a 60% interest from EPL in the Titan molybdenum project located 50km west of Atlin in northwest British Columbia. The property is controlled 100% by EPL (subject to a 1.5% NSR), and consists of 137 claim units covering approximately 7,900 acres.

Cranbrook, B.C., January 6, 2005: Eagle Plains Resources Ltd. (TSX-V:EPL) has completed a brokered and non-brokered flow-through and non-flow-through financing to arms length and non-arms length investors in British Columbia, Alberta and Ontario. Gross proceeds of $1,664,087.50 was raised through the issuance of 1,598,250 flow-through common shares priced at $.75 per share and 716,000 non-flow-through units priced at $0.65 per unit (each unit consisting of one common share and one-half warrant, exercisable at $1.00 for one year from date of closing).

Cranbrook, B.C., 17 December, 2004: Eagle Plains Resources Ltd. (EPL:TSX-V) has been notified by Kobex Resources Ltd. (KBX – TSX-V) that Kobex has terminated its option agreement with Eagle Plains on the Titan molybdenum project located west of Atlin, BC. Eagle Plains believes that potential for a high grade molybdenum resource still exists on the property and will seek to advance the project with participation by a joint venture partner.

Cranbrook, B.C., 09 December, 2004: Eagle Plains Resources Ltd. (TSX-V:EPL) has received analytical results for a 19-hole, 6,421’ (1,958m) diamond drilling program which commenced in late August on the Kalum project, located 30km northwest of Terrace near the central coast of British Columbia. The claims consist of 540 units (32,000/13,500 ha) covering an area of approximately 10 km x 12 km, and are 100% owned by Eagle Plains (subject to a 1% NSR).