Welcome to our dedicated page for Eagle Plains Res news (Ticker: EGPLF), a resource for investors and traders seeking the latest updates and insights on Eagle Plains Res stock.
Eagle Plains Resources Ltd. (EGPLF) maintains an active portfolio of mineral exploration projects across western Canada, leveraging advanced geophysical methods and strategic partnerships. This page serves as the definitive source for verified updates about the company's exploration activities, joint venture developments, and resource discoveries.
Investors and industry observers will find comprehensive coverage of operational milestones including drilling results, earn-in agreements, and technical reports. All content is curated to provide actionable insights into the company's uranium, gold, and critical metals projects while maintaining strict compliance with financial disclosure standards.
Key updates include progress reports from flagship properties like the Dufferin uranium project, Slocan graphite operations, and Theory copper-gold targets. The page also tracks partnership developments with third-party explorers and updates from spinout entities including Eagle Royalties Ltd.
Bookmark this resource for centralized access to Eagle Plains' latest geological surveys, TSX-V filings, and strategic initiatives in critical mineral exploration. Check regularly for objective updates on western Canada's evolving resource landscape.
Eagle Plains Resources (OTCQB:EGPLF) and Xcite Resources have amended six agreements regarding XRI's Athabasca uranium property portfolio. The amendments postpone $60,000 in cash payments and $300,000 in work commitments from December 31, 2024, to September 30, 2025. As compensation, Xcite will issue 150,000 common shares to Eagle Plains.
The six uranium projects are located in the historic Beaverlodge District near Uranium City, Saskatchewan. The area was Canada's first uranium producer, with historic production of 70.25 million pounds of U3O8 between 1950-1982, averaging 0.23% U3O8. The projects include Beaver River, Black Bay, Don Lake, Gulch, Larado, and Smitty, featuring multiple uranium occurrences with historical high-grade samples.
Eagle Plains Resources (OTCQB:EGPLF) announced that its partner Refined Energy Corp has filed a NI 43-101 technical report for the Dufferin Project in the Athabasca Basin. The report recommends a drill program of minimum 4 holes and 1,250 metres for the Dufferin West targets, with a proposed budget of $2,062,500.
The highest priority target features a conductor associated with the Virgin River Shear Zone, extending from the unconformity at the sandstone contact into the basement rocks. The depth of sandstone cover above the unconformity is estimated at less than 200m. The project's location is significant, being approximately 18 km south of Cameco's Centennial deposit, where historic drilling intersected 8.78% U3O8 over 33.9 metres.
Under the option agreement, Refined can acquire up to 75% interest in the 10,140ha Dufferin Project through a two-phase process. The first phase allows acquisition of 60% interest for CA$275,000, 1,000,000 shares, and CA$2.6M in exploration by 2026. The second phase permits an additional 15% interest for CA$500,000, 500,000 shares, and CA$3M in exploration by 2028. Eagle Plains will retain a 2% smelter returns royalty, with 1% repurchasable for CA$2M.
Additionally, Eagle Plains reported that Annacotty Resources Corp. has terminated its option on the company's 100% owned Donna property in BC.
Eagle Plains Resources (OTCQB:EGPLF) has applied to the TSX Venture Exchange to extend the expiry date of 3,785,529 outstanding common share purchase warrants by 12 months. The warrants, originally issued during a non-brokered private placement in July 2022, are currently set to expire on July 11th, 2025.
The company seeks to extend the expiry to July 11th, 2026, while maintaining the current exercise price of $0.25 per warrant and the acceleration clause. The acceleration clause allows Eagle Plains to expedite expiry if the stock trades at or above $0.50 for 20 consecutive trading days, giving warrant holders 30 days notice to exercise.
Eagle Plains Resources (TSXV:EPL, OTC:EGPLF) has initiated fieldwork on its 100%-owned Black Diamond Property in British Columbia, focusing on antimony and precious metal exploration. The 866-hectare property features the Black Diamond structural zone, which extends over 12km and contains high-grade polymetallic mineralization.
Historical drilling highlights include intersections of 93.73 g/t silver, 9.66% lead, and 5.17% zinc over 3.0m. Notable historical samples from the Silver Spray Zone returned values up to 3.19g/t Au, 2,813.2 g/t Ag, and 7.44% Sb. The 2025 work program will include soil sampling and prospecting, targeting antimony and precious metal mineralization.
Additionally, the company holds the 2,084-hectare Snowstorm Property in the Slocan Mining Camp, which has shown high-grade samples including 144 g/t gold and 158 g/t silver at the Lakeview occurrence.
Eagle Plains Resources (TSX-V:EPL) has provided an update on its 25% owned Olson gold property, with SKRR Exploration owning the remaining 75%. The project, spanning 12,951 hectares in Saskatchewan's Trans Hudson Corridor, has shown promising gold mineralization results from drilling programs conducted between 2020-2022.
Key drilling highlights include:
- Point Zone: 39.80m @ 1.09 g/t Au, including 7.62m @ 3.44 g/t Au
- Jena Zone: 1.53m @ 13.5 g/t Au
- Olson Zone: 29.44m @ 1.30 g/t Au, including 10.21m @ 2.95 g/t Au
- Michael's Lake Zone: 50.35m @ 0.56 g/t Au
The project features multiple drill-confirmed target areas with diverse gold mineralization styles. Planning is currently underway for a 2025 work program.