Eagle Plains Res Stock Price, News & Analysis

Eagle Plains Resources has announced the results of a 12-hole, 1,152m drill program conducted in June and July 2021 at their 100%-owned Donna property in British Columbia. The program aimed to explore gold and silver mineralization, focusing on the Gossan and Morgan Zones. Significant findings included drill hole DO19001 returning 9.41 g/t Au over 1.5m. The area has potential for intrusive-related gold mineralization due to its geological context. The company plans further exploration based on these findings.

Eagle Plains Resources announced that its option partner Rockridge Resources has initiated a field program at the Knife Lake Copper Project in Saskatchewan, covering 55,471 hectares. The program includes a helicopter-borne electromagnetic survey to assess over 30 km of VMS stratigraphy, aiming to identify new drill targets. Rockridge holds an option to acquire 100% of the project, having committed to substantial cash and share payments, alongside exploration expenditures totaling $3,250,000. Recent drilling has shown promising mineralization, with significant copper and silver intersections.

Eagle Plains Resources Ltd. has initiated exploration activities on its 100% owned, 1868 ha Ant Lake Cu-Ni-PGE project located near Reindeer Lake, Saskatchewan. The site features 4 known mineral occurrences and has previously reported trench samples with copper values between 0.58% and 1.48%. Recent drilling identified a mineralization zone intersecting 3.5 m with 0.37% Cu and significant platinum and palladium content. Historical exploration marked by past operators has laid a foundation for these ongoing efforts, and the area remains free of royalties.

Eagle Plains Resources announced that its option partner Rockridge Resources Ltd. is set to initiate a summer/fall exploration program at the Knife Lake Copper Project in Saskatchewan. The project spans 55,471 hectares and is known for its copper, silver, zinc, and cobalt resources. This field program will include advanced geophysical surveys and aims to build on previous successful exploration results. Rockridge holds a 100% acquisition option on the property and has made progress in cash payments and share issuances. The project has a historical resource estimate which indicates significant mineral potential.

Eagle Plains Resources Ltd. (TSXV:EPL) has entered into a formal agreement with Canter Capital Corp. for a 60% interest in its Schott's Lake copper-zinc project. Canter must complete $5 million in exploration, $500,000 in cash payments, and issue 1 million shares over four years. The project spans 2,160ha in Saskatchewan and includes historical resources of 1,983,850 tonnes at 0.61% copper and 1.35% zinc. A 2% Net Smelter Return (NSR) is reserved for EPL, potentially reducible to 1% for $1 million. Recent surveys are aiding in mineral identification.

Eagle Plains Resources has announced significant updates regarding the Knife Lake Copper Project in Saskatchewan, following results from a recent drilling program conducted by Rockridge Resources. The program involved 2,043 meters of drilling across twelve holes, with the first nine holes yielding promising assay results. Notable findings include infill drilling at the Knife Lake Deposit, which returned 1.95% Cu, 0.11 g/t Au, and 7.41 g/t Ag over 14.02m. The project, covering 55,471 hectares, shows strong discovery potential as planning for a summer exploration program is underway.

Eagle Plains Resources has begun exploration work on the Dictator Project in British Columbia, aiming for a 100% interest in the property. Current activities include prospecting and soil sampling, following an airborne magnetometer survey indicating high-grade gold deposits. The project spans 2578 ha and has shown promising initial grab samples with gold grades reaching up to 39.4 g/t. Progress includes permitting for future diamond drilling, while the exploration expenditures total $150,000 over four years, with additional cash and share payments.

Eagle Plains Resources Ltd. announced a formal option agreement with Tri Capital Opportunities Corp to acquire an 80% interest in the Pine Channel project in Saskatchewan. To earn this stake, TCAP will invest $3 million in exploration, issue 2 million common shares, and make $150,000 in cash payments over four years. The Pine Channel property covers 6,500 hectares and has shown promising gold mineralization in past drilling. Eagle Plains retains a 2% net smelter returns royalty on the property. This deal highlights EPL's strategic partnerships aimed at enhancing shareholder value.