Eagle Plains Announces Agreement for Saunders and Nub Properties, Increases BC Royalty Portfolio, Toodoggone District, BC
Eagle Plains Resources (OTCQB:EGPLF) has signed a property sale agreement with Hi-View Resources for its Saunders and Nub projects in British Columbia. The deal terms include CAN$70,000 in cash, 350,000 Hi-View shares, and a 3% Net Smelter Royalty for Eagle Plains.
The properties are strategically located 300km northeast of Smithers and 30km north of the Kemess Cu-Au mine. The projects are situated in the Stikine Terrane, near several significant mining operations including the Lawyers deposit, Baker deposit, and Saunders prospect, known for low sulphidation epithermal-type mineralization.
Eagle Plains Resources (OTCQB:EGPLF) ha firmato un accordo di cessione di proprietà con Hi-View Resources per i suoi progetti Saunders e Nub nella British Columbia. I termini prevedono CAN$70,000 in contanti, 350,000 azioni Hi-View e una royalty netta alla fonderia (Net Smelter Royalty) del 3% a favore di Eagle Plains.
Le proprietà sono posizionate strategicamente 300 km a nord-est di Smithers e 30 km a nord della miniera di Cu-Au di Kemess. I progetti ricadono nel Terrane di Stikine, vicino a diverse operazioni minerarie importanti, tra cui il deposito Lawyers, il deposito Baker e il prospect Saunders, noto per una mineralizzazione epitermale a bassa solfatazione.
Eagle Plains Resources (OTCQB:EGPLF) ha firmado un acuerdo de venta de propiedades con Hi-View Resources por sus proyectos Saunders y Nub en la Columbia Británica. El acuerdo incluye CAN$70,000 en efectivo, 350,000 acciones de Hi-View y una Regalía Neta de Fundición (Net Smelter Royalty) del 3% para Eagle Plains.
Las propiedades están ubicadas estratégicamente 300 km al noreste de Smithers y 30 km al norte de la mina Cu-Au de Kemess. Los proyectos se sitúan en el Terrane de Stikine, cerca de varias operaciones mineras importantes, entre ellas el yacimiento Lawyers, el yacimiento Baker y el prospecto Saunders, conocido por su mineralización epitermal de baja sulfidación.
Eagle Plains Resources (OTCQB:EGPLF)는 브리티시컬럼비아에 있는 Saunders 및 Nub 프로젝트에 대해 Hi-View Resources와 자산 매매 계약을 체결했습니다. 거래 조건에는 Eagle Plains에 대해 CAN$70,000 현금, Hi-View 주식 350,000주 및 3% 순 제련 로열티가 포함됩니다.
해당 자산은 전략적으로 Smithers에서 북동쪽으로 300km, Kemess의 Cu-Au 광산에서 북쪽으로 30km에 위치합니다. 프로젝트들은 Stikine 지대에 속해 있으며 Lawyers 광상, Baker 광상, Saunders 프로스펙트 등 여러 주요 광산 운영 인근에 있고, 저황화(epithermal)형 광화작용으로 알려져 있습니다.
Eagle Plains Resources (OTCQB:EGPLF) a signé un accord de cession de propriétés avec Hi-View Resources pour ses projets Saunders et Nub en Colombie-Britannique. Les modalités prévoient CAN$70,000 en espèces, 350 000 actions Hi-View et une redevance nette à la fonderie (Net Smelter Royalty) de 3% en faveur d'Eagle Plains.
Les propriétés sont idéalement situées à 300 km au nord-est de Smithers et à 30 km au nord de la mine Cu-Au de Kemess. Les projets se trouvent dans le terrane de Stikine, à proximité de plusieurs opérations minières majeures, dont le gisement Lawyers, le gisement Baker et le prospect Saunders, connu pour sa minéralisation épithermale à faible sulfidation.
Eagle Plains Resources (OTCQB:EGPLF) hat eine Vereinbarung über den Verkauf von Grundstücken mit Hi-View Resources für seine Saunders- und Nub-Projekte in British Columbia unterzeichnet. Die Bedingungen umfassen CAN$70,000 in bar, 350.000 Hi-View-Aktien und eine 3% Net Smelter Royalty (NSR) für Eagle Plains.
Die Liegenschaften liegen strategisch 300 km nordöstlich von Smithers und 30 km nördlich der Cu-Au-Mine Kemess. Die Projekte befinden sich im Stikine-Terrane, in der Nähe mehrerer bedeutender Bergbauaktivitäten, darunter das Lagerstätten Lawyers und Baker sowie das Prospect Saunders, das für niedrigschweflige epithermale Mineralisierung bekannt ist.
- Acquisition of 3% Net Smelter Royalty on two properties
- Strategic location near producing mines and significant deposits
- Deal includes both cash and equity components totaling CAN$70,000 plus shares
- Properties are early-stage with no proven reserves mentioned
- Company is divesting assets rather than acquiring new ones
CRANBROOK, BC / ACCESS Newswire / August 13, 2025 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") is pleased to announce it has entered into a property sale agreement, dated August 11, 2025, with Hi-View Resources Inc, (CSE:HVW)(OTC:HVWRF) ("Hi-View") whereby Hi-View will purchase a
The two projects are located approximately 300km northeast of Smithers, BC and 30km north of the Kemess Cu-Au mine, operated by Centerra Gold. They are located within the prolific Stikine Terrane proximal to many past producing mines, deposits, and prospects including the Lawyers deposit (BC MinFile 094E066), the Baker deposit (BC MinFile 094E026) and the Saunders prospect (BC MinFile 094E017) that represent low sulphidation epithermal-type mineralization.
About the Saunders
The 209.6ha Saunders property consists of two discontiguous claim groups, that overlie three MinFile occurrences: Saunders Northwest (BC MinFile 094E156), Saunders North (BC MinFile 094E155) and Saunders South (BC MinFile 094E154). Mineralization, hosted in quartz veins and stringers, is associated with silicification and argillic alteration of the surrounding country rock. Historical samples at Saunders North occurrence report up to 1.42 g/t Au and 11.7 g/t Ag. (BCAF 14487). The Saunders Project is considered highly prospective for both epithermal-type Au-Ag and porphyry Cu-Au mineralization.
About the Nub
The 873.9 ha Nub project is surrounded by the JOY project operated by Amarc Resources. The JOY project is interpreted to be the northern extension of the Kemess porphyry Cu-Au district and hosts significant porphyry-type mineralization including the Pine (BC MinFile 094E016) and MEX (094E057) deposits and the recently discovered AuRORA deposit. While epithermal-type targets are noted within the JOY project, exploration has been focussed on discovery and definition of porphyry-type mineralization. The highest priority exploration target on the Nub property is a magnetic anomaly located at valley bottom in close proximity to the Hazelton and Stuhini Group unconformity, commonly referred to as the "red-line". The anomaly is also coincident with anomalous copper in soil geochemistry.
Management cautions that historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person but may form a basis for ongoing work on the subject properties. Management cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the subject properties.
Qualified Persons
Charles C. Downie, P.Geo., a "qualified person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and a director of Eagle Plains, has reviewed and approved the scientific and technical disclosure in this news release.
About Eagle Plains Resources
Based in Cranbrook, B.C., Eagle Plains is a well-funded, prolific project generator that continues to conduct research, acquire and explore mineral projects throughout western Canada, with a focus on critical metals integral to an increasingly electrified, decarbonized economy.
The Company was formed in 1992 and is the fourth-oldest listed issuer on the TSX-V (and the only one of these four that has not seen a roll-back or restructuring of its shares). Eagle Plains has continued to deliver shareholder value over the years and through numerous spin outs has transferred over
On October 2, 2024, Eagle Plains announced the formation of a separate division within the Company that will give Eagle Plains' shareholders direct exposure to strategic opportunities in Canadian green energy transition. As a wholly owned subsidiary of Eagle Plains, Osprey Power Inc. ("OP") will focus on identifying and advancing innovative and diverse clean energy project portfolios in target markets throughout Canada, with an initial focus on Western Canada.
Eagle Plains' core business is acquiring grassroots critical- and precious-metal exploration properties. The Company is committed to steadily enhancing shareholder value by advancing our diverse portfolio of projects toward discovery through collaborative partnerships and development of a highly experienced technical team.
Expenditures from 2010-2024 on Eagle Plains-related projects exceed
Throughout the exploration process, our mission is to help maintain prosperous communities by exploring for and discovering resource opportunities while building lasting relationships through honest and respectful business practices.
On behalf of the Board of Directors
"C.C. (Chuck) Downie" P.Geo
President and CEO
For further information on EPL, please contact Mike Labach at 1 866 HUNT ORE (486 8673)
Email: mgl@eagleplains.com or visit our website at https://www.eagleplains.com
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE: Eagle Plains Resources Ltd.
View the original press release on ACCESS Newswire
FAQ
What are the terms of Eagle Plains Resources (EGPLF) property sale agreement with Hi-View?
Where are the Saunders and Nub properties located?
What type of mineralization is present in the region of EGPLF's Saunders and Nub properties?
How will the sale affect Eagle Plains Resources' royalty portfolio?
