NovaGold To Drill Eagle Plains’ McQuesten Gold Property, Yukon

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) and NovaGold Resources Inc. (NRI:TSE) announced today that their option agreement on the McQuesten Gold Property has been amended to include a major drilling commitment. Eagle Plains has 100% interest (less 2% NSR) in the property located in the Keno Hill Mining District, 40 kilometres northeast of Mayo, Yukon. McQuesten consists of 51 quartz mining claims (2500 acres) that are accessed by the all-weather Yukon Silver Trail highway with an adjacent hydro-electric transmission line.

Eagle Plains Acquires 100% Interest in Yukon Polymetallic Base-Metal Occurrences

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) announces that staking activities have been completed on two volcanogenic massive sulphide (VMS) occurrences located in the Pelly Mountains, 60km south of Ross River in south-central Yukon Territory. 16 quartz claims covering approximately 600 acres were located overlying areas of past exploration activity on the MM, and Eros, mineral occurrences.

Eagle Plains Acquires Gold Properties Near Salmo, BC

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) announces that it has received title to three separate claim groups located near Salmo, BC. The claims consist of a total of 38 units (2,300 acres) near Sultan Minerals' Kena project, where intensive exploration activity is currently underway.

The three claim groups (named Big Galoot, DND and IN) were targeted based on geology, access/infrastructure, and proximity to known gold mineralization as has recently been discovered by Sultan.

Airborne Geophysical Survey Commences on "Abo" Gold Project

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce that crews and equipment have been mobilized to the Harrison Lake area of southwestern British Columbia to commence an airborne geophysical survey of the Company's 100%-owned Abo (Harrison Gold) property. Eagle Plains has contracted Fugro Airborne Surveys Corp. to carry out a 215 line-km airborne geophysical survey which will include DIGHEM( EM, magnetometer, and radiometric instrumentation.

Eagle Plains Completes "Abo" Land Acquisition, Plans Airborne Geophysical Survey

Cranbrook, B.C.: Eagle Plains Resources Ltd. (EPL:CDNX) is pleased to announce that it has completed a purchase agreement with an arms-length individual whereby EPL may purchase a 100% interest in the Hot 4 mineral claims located 130km east of Vancouver, near Harrison Lake. The 6-unit (364 acre) property is contiguous with EPLs 100% owned claims containing the Abo (Harrison Gold) deposit, and completes the property package.

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.