CRANBROOK, BRITISH COLUMBIA / ACCESS Newswire / February 9, 2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) (“EPL” or “Eagle Plains”) is pleased to announce that partner Refined Energy Corp (CSE:RUU)(OTC:RFMCF)(FRA:CWA0) (“Refined”) has mobilized a ground geophysical crew to Eagle Plains’ 100% owned Dufferin West Property, Saskatchewan.
Refined holds the exclusive option to acquire up to a 75% interest in the 10,140ha Dufferin Project, which is made up of the North and West Dufferin properties, located adjacent to NexGen Energy’s SW3 Property and approximately 18km from Cameco’s Centennial Deposit where historic drill hole VR-031W3 intersected 8.78% U308 over 33.9m (SMAF 74G12-0061).
Results from the time-domain EM (TEM) ground geophysical program will be used to generate detailed inversion models and develop three-dimensional Maxwell plates to further refine drill hole targeting in advance of a 2026 diamond drilling program. The drilling is planned to commence in late February and will include a minimum of three drill holes totalling approximately 1200 metres, designed to test two distinct conductors on the Dufferin West property. The depth to the base of the sandstone unconformity is relatively shallow on the Dufferin West, interpreted to be between 60 to 340m. Concurrent with the drilling, a ground gravity geophysical program will be conducted to further define and refine drill targets.
The approved 2026 budget is approximately $1.7 million, subject to adjustments based on timing, progress and ongoing results. The program is structured to allow for expansion as drilling advances and new targets are generated. The work will be managed by TerraLogic Exploration Inc.
See Dufferin West Project Information and Map here
The Dufferin Project is located on or in close proximity to the known trace of the Virgin River Shear Zone and related splays which are key structures for potential uranium mineralization.
The Project is prospective for unconformity- and basement-hosted uranium mineralization in proximity to the Virgin River Shear Zone. Faulted basement contacts and brittlely reactivated structures are the primary locations for mineralization in the area covered by the Dufferin Project. The relatively high concentration of secondary uranium-bearing minerals demonstrated by prior exploration work on the Dufferin Project may also indicate uranium mineralization remobilization may play an important role in this region of the Athabasca Basin. Geophysical EM and magnetic anomalies demonstrated by prior exploration work on the Dufferin Project are supported by previous uranium and boron soil and lake sediment anomalies along the inferred fault zones, which are expected to aid in focusing future exploration programs.
Some of the above results were taken directly from the SMDI descriptions and assessment reports (SMAF) filed with the Saskatchewan government. Management cautions that historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person, but form a basis for ongoing work on the subject properties. Eagle Plains’ 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.
Dufferin Option Agreement Details
To exercise the Option, Refined must make a series of cash payments and share issuances to Eagle Plains and fund exploration expenditures on the Project. These payments, share issuance and expenditures are separated into two phases, with the first Option entitling the Company to acquire a 60% interest in the Project by paying CA$275,000, issuing an aggregate of 1,000,000 post-consolidated common shares to EPL and funding CA$2,600,000 in exploration expenditures on the Project by December 31, 2026. Pursuant to the second phase of the Option, the Company may acquire an additional 15% interest in the Project (for a 75% total interest) by paying an additional CA$500,000, issuing an additional 500,000 post-consolidated Shares to EPL and funding an additional CA$3,000,000 in exploration expenditures on the Project by December 31, 2028. The Dufferin project is owned 100% by EPL, which has been appointed as Operator during the first Option period.
If the First Option or the Second Option is exercised, a 2% smelter returns royalty will be granted to Eagle Plains, 1% of which may be repurchased for CA$2,000,000.
Qualified Person
Technical information in this News Release has been reviewed and approved by C.C. Downie, P.Geo., a director and officer of Eagle Plains, hereby identified as the “Qualified Person” under N.I. 43-101.
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 $110,000,000 in value directly to its shareholders, with Copper Canyon Resources and Taiga Gold Corp. being notable examples. Eagle Plains latest spinout, Eagle Royalties Ltd. (CSE:”ER”) was listed on May 24, 2023, and on October 30, 2025, ER shareholders overwhelmingly approved a three-cornered amalgamation that resulted in a reverse takeover of Eagle Royalties by Summit Royalty Corp. The resulting issuer is named Summit Royalties Ltd. and trades under the symbol SUM on the TSX Venture Exchange with a market capitalization of over $100M.
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 $41M, the majority of which was funded by third-party partners. This exploration work resulted in approximately 50,000m of diamond-drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at various stages of development.
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 of Eagle Plains
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.
CRANBROOK, BRITISH COLUMBIA / ACCESS Newswire / February 2, 2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) (“EPL” or “Eagle Plains”) is pleased to announce that crews have been mobilized to complete a 1650m, three-hole diamond drilling program at its 100% owned George Lake Project.
The first phase of drilling is designed to intersect the sedimentary exhalative (sedex) stratigraphy that hosts the George Lake deposit, in systematic 200 m step outs (both down-dip and along strike) from historical intersections such as 8.0m of 6.96% Zn, 1.42% Pb, and 5.91 g/t Ag within a broader interval of 47.8m of 4.50% Zn, 0.61% Pb, and 3.49 g/t Ag (DDH GL-08-02). Drill targets have been derived through interpretation of results from geophysical and technical work, paired with advanced modelling to prioritize targets.
Mineralization at George Lake is characterized by significant but sub-economic critical metal mineralization over a broad strike length of approximately 8.1 kilometers. The source of this mineralization has never been established, and forms the basis for Eagle Plains’ continuing exploration work. The program will be conducted by TerraLogic Exploration Inc. of Cranbrook, BC under the direction of Kerry Bates, MSc., P.Geo., Exploration Manager for Eagle Plains. New Age Drilling Solutions has been contracted to complete diamond drilling activities.
Chuck Downie, P.Geo., President and CEO of Eagle Plains, commented, “We are excited to initiate the first drill program at the George Lake critical metals project in nearly two decades. By integrating modern geophysics and advanced modelling to refine drill targeting, we hope to be able to identify additional mineralization in the immediate deposit area, as well as test the target stratigraphy outside the area of known mineralization”
George Lake is one of the projects included in a formal Exploration Agreement between Eagle Plains and the Ya’thi Néné Lands and Resource Office (“YNLR”), representing the Athabasca Denesułiné First Nations of Hatchet Lake, Black Lake, and Fond du Lac, the Northern Hamlet of Stony Rapids, and the Northern Settlements of Uranium City, Wollaston Lake and Camsell Portage. YNLR will be providing technical support for the program.
The project will also be eligible for the Saskatchewan Targeted Mineral Exploration Incentive (TMEI), which may provide funding of up to $150,000.00 towards drilling-related program costs.
About the George Lake Project
The fully permitted 6868 ha George Lake project is located 280km north of La Ronge, Saskatchewan. The project has excellent access and is located on a recently completed highway connecting Saskatchewan Highway 905 to the community of Wollaston Lake. Eagle Plains holds a 100% interest in claims comprising the property, subject to a 2% royalty held in favour of Summit Royalties Ltd.
4,131m of drilling completed in 22 holes at the deposit, with the best drill holes returning 57.9m grading 2.65% Zn and 0.41% Pb (including 13.5m grading 4.36% Zn and 0.76% Pb) (DDH GL08-01) and 47.8m grading 4.03% Zn and 0.44% Pb (including 8.0m grading 6.96% Zn and 01.42% Pb) (DDH GL08-02) (SMAF 64E05 0033);
George Lake Deposit comes to surface and has dimensions of approximately 35m width x 150m depth x 800m length, and is open to depth and along strike;
Potential for discovery of extensions of existing mineralization and other discrete mineralization elsewhere on the property;
George Lake Geophysics Summary
The George Lake property was covered by the 2022 eastern Wollaston Domain electromagnetic and magnetic high resolution geophysical survey, flown by the Government of Saskatchewan. The 200m line spaced survey was carried out by Geotech Canada Inc. utilizing Geotech’s VTEM Max Time-Domain Electromagnetic (TDEM) system. Results from the survey indicate a strong southwest-northeast trending EM conductor that crosses the entire property. The conductor is coincident with the George Lake deposit mineralization and has been only partially drill tested. The survey also located weaker parallel conductor trends north and south of the main conductor, with the northern conductor coincident with the Spence Lake mineralized zone.
In 2024, Eagle Plains contracted EarthEx Geophysical Solutions to undertake detailed interpretation of the VTEM survey data to assess the electromagnetic and magnetic response of the George Lake deposit, and identify new exploration targets. EarthEx identified 17 target zones and a magnetic inversion component included as part of the modelling indicates that the contact that hosts the George Lake deposit is near vertical and continuous to depth, providing valuable information for drill targeting.
George Lake Exploration Target
The results from the 2024 geophysical modeling, and the results from historical drilling 1, including the continuous nature of the mineralization, the reported grades of the mineralization, shallow drilling depths and examination of historical drill core indicate the potential to expand the size of the known George Lake Deposit, with a conceptual Exploration Target containing 2MT to 5MT with grades of 3-5% Zn and 0.5-1.5% Pb.
1 SMAF 64E05-0031, 64E05-0026, 64E-0018
The potential quantity and grade of the George Lake mineralization is conceptual in nature, and there has been insufficient exploration to define a mineral resource. It is uncertain if further exploration will result in the target being delineated as a mineral resource.
The property overlies 8 Saskatchewan Mineral Deposit Index (“SMDI”) occurrences including the George Lake Zn Deposit. Zinc and lead mineralized boulders were discovered in the George Lake area in 1965 which led Falconbridge Nickel Mines to acquire a large land position in the area, resulting in a 34-hole diamond drill program in 1969-70 which defined the George Lake deposit. The deposit contains sedimentary-exhalative (“sedex”) style mineralization, with a higher-grade core of >5% Zn.
Some of the above results were taken directly from the SMDI descriptions and assessment reports (SMAF) filed with the Saskatchewan government. Management cautions that historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person, but form a basis for ongoing work on the subject properties.
Qualified Person
Technical information in this News Release has been reviewed and approved by C.C. Downie, P.Geo., a director and officer of Eagle Plains, hereby identified as the “Qualified Person” under N.I. 43-101.
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 $110,000,000 in value directly to its shareholders, with Copper Canyon Resources and Taiga Gold Corp. being notable examples. Eagle Plains latest spinout, Eagle Royalties Ltd. (CSE:”ER”) was listed on May 24, 2023, and on October 30, 2025, ER shareholders overwhelmingly approved a three-cornered amalgamation that resulted in a reverse takeover of Eagle Royalties by Summit Royalty Corp. The resulting issuer is named Summit Royalties Ltd. and trades under the symbol SUM on the TSX Venture Exchange with a market capitalization of over $100M.
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 $41M, the majority of which was funded by third-party partners. This exploration work resulted in approximately 50,000m of diamond-drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at various stages of development.
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 of Eagle Plains
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.
CRANBROOK, BRITISH COLUMBIA / ACCESS Newswire / January 21, 2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) (“EPL” or “Eagle Plains”) is pleased to announce that partner Sun Summit Minerals Corp. (TSXV:SMN)(OTCQB:SMREF) (“Sun Summit”) has received final analytical and petrographic results from the 2025 field program at Eagle Plains’ Theory copper-gold project (the “Theory Project“), north-central British Columbia. The property is owned 100% by Eagle Plains, with 122 hectares of the property subject to an underlying 0.5% Net Smelter Royalty held by a third party.
The Theory Project borders Thesis Gold’s Ranch Project to the north and is located within 10 km to the northwest of Sun Summit’s JD Project. Sun Summit has an exclusive option agreement with Eagle Plains to earn up to a 100% interest in the project, located in the highly prospective Toodoggone Mining District.
2025 Highlights
New high grade copper discovery: Saboteur Zone
3km length zone of copper mineralization associated with coincident magnetic high transition zone and strong radiometric potassic alteration anomaly
15 of the rock samples collected returned over 1% Cu
Chuck Downie, P.Geo., President and CEO of Eagle Plains, commented, “We are very excited by the results from the first fieldwork at the Theory Project in over thirty years, which underscores the unexplored nature and exceptional geology of the property. Ground truthing of anomalies generated through airborne geophysical and remote sensing surveys directly resulted in the Saboteur discovery, a multi kilometer scale zone of copper mineralization. Advanced petrographic analyses, combined with field mapping of extensive hydrothermal alteration zones and copper-gold-silver geochemical anomalies indicates the presence of a proximal buried porphyry system. We eagerly look forward to the 2026 field program, and working with Niel and Ken and the Sun Summit team to advance the property to drill testing.”
2025 Exploration Program
The 2025 exploration goals at the Theory Project were to identify and assess new areas of interest and to refine drill targets generated through integrating historical data with new geophysical and geochemical surveys. Eagle Plains and Sun Summit commissioned TerraLogic Exploration Inc. of Cranbrook, BC. to design and execute the 2025 satellite remote sensing data acquisition, and field programs.
During the 14-day field program, a total of 258 rock grab samples, 417 soil samples, and 40 silt samples were collected, and geological and structural mapping was completed on primary target areas. Select samples were sent for petrographic analyses and interpretation.
Comprehensive data interpretation and analyses is underway to define and prioritize targets for 2026 fieldwork and detailed IP geophysical surveys to generate and refine targets for diamond drill testing.
Field Results
All primary targets of interest were prospected/geologically mapped and sampled. Most targets are underlain by mafic volcanic sequences of the Takla Group, with Jurassic Hazelton Group intermediate and mafic volcanics and related sediments encountered at the Stik, DAR and southernmost Bev areas. The volcanic stratigraphy is mostly homoclinal at scale of 100’s to 1000+ meters, with shallow dips (15-35°) towards the N or NE the most common, such that a layer-cake stratigraphy approximates the general structural layout of the property – a pattern that is also evident in the airborne RTP magnetics.
Many mineralized veins and fractures exploit bedding parallel structures, but there are also a significant number of steep mineralized structures with NE and NW strikes, with smaller subsets of E or N striking veins and fractures.
The Takla group stratigraphy comprises a repetitive sequence of fine mafic tuff, feldspar ± pyroxene crystal tuff with some pillow basalt, trachyitic basalt, and crystal-lithic lapilli ± bomb proximal vent basalts. More mapping is required to establish the detailed relationship between mineralized structures and volcanic stratigraphy.
The most common mineralized structures, comprise copper minerals (chalcopyrite, bornite, chalcocite) with lesser to equal proportions of pyrite or pyrrhotite, and associated malachite and azurite, in quartz-carbonate-epidote gangue. Azurite intensity appears coincident with presence of bornite and/or chalcocite. Wall rocks are usually moderately to strongly epidote-carbonate ± hematite altered, with variable but commonly high magnetics that is more a function of primary lithology (fine mafic tuffs are commonly the most magnetic). Barite veins are commonly spatially associated with these copper mineralized structures.
At the Bev showing, gossans are widespread with large zones ranging 10’s to over 100 m. A quartz-sericite-pyrite (QSP) alteration-mineralization assemblage is typical of the gossans, with pyrite contents ranging from trace to 5%, but typically in the 1% range, and finely disseminated. The QSP alteration generally obscures protolith textures, but certainly does transcend lithological boundaries, having relatively steep orientation rather than being bedding parallel. Veining is this zone is quartz-pyrite ± sericite dominant.
Table 2. 2025 Rock Sample Results – Summary Statistics
2025 Theory Rocks All
Au ppb
Ba ppm
As ppm
Cu ppm
Mo ppm
Pb ppm
Sb ppm
Zn ppm
Ag ppm
Count
258
258
258
258
258
258
258
258
258
Minimum
2.5
10
0.1
2.1
0.12
0.8
0.07
8
0.01
Maximum
12600
10000
285
64200
404
5570
980
39900
3150
Mean
127.3
925.3
18.7
3940.9
4.2
86
8.3
305.5
21
Median
5.5
575
8.2
296
0.86
9
1.64
93.5
0.47
Std Dev.
843.6
1120.6
38.9
8875
25.8
411
62.4
2499.1
197.6
75 percentile
25.25
1192.5
14.8
3252.5
1.9725
22
3.1325
160.25
3.6975
90 percentile
149.8
2241
33.09
11365
4.652
104.05
8.426
245.3
21.38
95 percentile
471
3003.5
77.93
25625
13.4625
436.15
17.06
431.85
61.12
99 percentile
2673.4
5668.1
243.84
50629
49.309
1978.4
135.84
2887.85
219.85
Saboteur Zone
The newly discovered Saboteur Zone is defined by a 3km long NE trending magnetic high with consistent copper mineralization (chalcopyrite, bornite and chalcocite) associated with epidote-quartz-carbonate veins and fractures. Highlights include grab samples LSTHR040 with 4.7% copper, 0.635 g/t gold, 49 g/t silver; JBTHR059 with 4.0% copper, 0.596 g/t gold, 61 g/t silver; and MHTHR037 with 3.3% copper, 4.290 g/t gold, 121 g/t silver.
Grab samples from the adjacent Provocateur and BEV-N targets include LSTHR020 with 2.8% copper, 0.0025 g/t gold, 7.4 g/t silver; and (Bev-N): JBTHR010 with 2.73% copper, 0.255 g/t gold, 17.2 g/t silver.
Soil samples collected on Saboteur peak returned a maximum of 2.61 % ppm copper, 0.410 g/t gold, and 10.4 g/t silver (MHTHD130).
BEV Zone
The best grab sample from the BEV-main zone returned 1.44% copper, 0.043 g/t gold, 12.8 g/t silver (BLTHR029). Soil and stream-silt results from this main drainage at the Bev zone returned some of the best geochemical results of the 2025 program, defining a multi-element copper dominant geochemical anomaly approximately 1km x 700m, open in three directions.. Detailed geological mapping in the BEV area defined a broad zone of multiphase alteration associated with copper mineralization in epidote-quartz-carbonate veins, and peripheral quartz-sericite-pyrite (QSP) altered gossans, highlighting the possibility of a large buried porphyry system.
FRED-DM-DMR Zone
Prospecting at the Fred-DM area focused on an approximately 5km linear magnetic high-low transition zone. Copper mineralization in veins and fractures are associated with NNE trending barite veins, up to 4m in width, that are exposed over 150m length. Grab samples from Fred-DM corridor returned the highest values from the 2025 program. Highlight samples include BLTHR051 with 6.42% copper, 0.088 g/t gold, 99 g/t silver; and JBTHR008 with 0.65% copper, 12.6 g/t gold, 3150 g/t silver. Soil sampling and prospecting indicate that the strike length of the barite mineralization exceeds over 1 kilometer.
STIK 1
Fieldwork at the STIK1 identified epithermal style alteration and mineralization within a granodioritic to dioritic intrusion, as well as in metasediments along the intrusive contact.
Petrographic Results and Interpretation
12 select samples were prepared by Precision Petrographics of Vancouver BC for thin section analyses and interpretation. The petrographic work identified strong epidote-chlorite-carbonate alteration directly with hypogene copper mineralization (chalcopyrite – bornite – chalcocite). This type of mineralization and alteration assemblage is interpreted to represent the inner shell of a porphyry system, which may indicate a proximal source for some of the Theory mineralization.
Next Steps
Planning is now underway for a significant exploration program across the Theory Project in 2026. Details of the program will be released once targets ranks are prioritised and all new analytical data have been interpreted. A priority focus will be on the BEV to Saboteur trend of strong copper mineralization.
The 9676ha Theory Project is located in northern BC within the Toodoggone Mining District. The district is endowed with both epithermal gold and porphyry copper-gold deposits, most notably the past producing Kemess Mine owned by Centerra Gold. The Omineca Resource Road provides access to the region from Mackenzie, BC. Recent road upgrades completed in 2023 by Thesis Gold on their Lawyers-Ranch Project brought road access to within 8 kms of the Theory Project.
Geology in the Theory region is primarily comprised of lower Jurassic Hazelton Group volcanics which unconformably overlie late Triassic Takla Group volcanics. The entire package of rocks is intruded by late Triassic and early Jurassic stocks. The majority of the Theory property encompasses the highly prospective Jurassic-Triassic unconformity (~200 Ma), termed by the BC Geologic Survey as the ‘Red-Line’, which is known to have a high spatial correlation to many of the known deposits throughout the Golden Triangle and Toodoggone.
Exploration by previous operators has been intermittent since the mid-1960’s and regional government surveys are sparse, however encouraging mineralization and alteration commonly associated with both epithermal and porphyry systems has been documented. The most significant documented work was completed in 1988 in the north and west areas of the Theory project area. Work consisted primarily of alpine ridge and subalpine prospecting traverses as well as reconnaissance soil sample lines in areas where no outcrop was present. This work documented occurrences of low-sulphidation epithermal-related mineralization including quartz-barite veins with up to 8.2 g/t Au, 195 g/t Ag, and 6.2% Cu at the DM occurrence (BC Minfile 094E 231)*; and a quartz carbonate vein system with up to 6.8 g/t Au and 1,480 g/t Ag at the Fred-1 occurrence (BC Minfile 094E 402)*. The BEV occurrences (BC Minfile 094E 259)*, interpreted as a Cu-Au porphyry target, returned select historical rock results up to 0.47% Cu, 10.5 g/t Ag, and 0.13 g/t Au. Detailed soils revealed a 1.6 by 2 kilometre copper-in-soil anomaly with peak soil results to 920 ppm Cu. Very little work is documented in the south and eastern parts of the property.
Recent exploration success in the area has been highlighted by Thesis Gold’s announcement at their Lawyers-Ranch Project of a combined Measured and Indicated Mineral Resource of 4.0 Moz and an Inferred Mineral Resource of 727 Koz at respective grades of 1.51 and 1.82 g/t AuEq. (Thesis Gold, May 1, 2024 News Release) and by Amarc Resources’ new high-grade copper-gold-silver discovery at the AuRORA zone of the Joy Project (Amarc Resources, January 17, 2025 News Release).
In late 2023 Eagle Plains acquired the property through staking and third-party agreements. After undertaking initial compilation and interpretation of historical data on the project, Eagle Plains completed a property wide, high resolution airborne magnetic and radiometric survey in July 2024.
2025 work included:
Data Compilation with rectification and analysis of historical surface sampling and reconnaissance mapping.
Remote Sensing Acquisition of district-and property-scale datasets, focusing on VNIR and SWIR bands to identify mineral groups diagnostic of epithermal and porphyry alteration.
Field Program consisting of prospecting, detailed geological mapping, and systematic rock, soil, and silt geochemical sampling on targets identified through data analyses.
This integrated approach builds on the 2024 airborne magnetic and radiometric survey results and is designed to prioritize high-potential areas for future drilling. More than 15 distinct geochemical and geophysical targets were defined for field follow-up.
Rock grab samples are selective samples by nature and as such are not necessarily representative of the mineralization hosted across the property. Management cautions that historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person but 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.
Rock and soil/silt samples collected during the 2025 surface program were submitted to ALS Geochemistry in North Vancouver, BC – an ISO/IEC 17025-accredited laboratory. Samples were sealed in the field, stored securely, and transported by Company personnel to maintain chain of custody. Analytical methods for rocks included full multi-element characterization by four acid digestion with ICP finish (ALS method ME-MS61). Gold was analyzed by 30 g fire assay with AAS finish (ALS method Au‑AA23). Samples returning >10 g/t Au were re‑assayed using fire assay with gravimetric finish (ALS method Au‑GRA21). Soils and silts were analyzed via full multi-element characterization by ICP ultra-trace analysis on aqua-regia digestion (ALS package: ST43-PKG). The ST43-PKG includes ICP method ME-MS41, plus supertrace gold analysis on a larger 25g aliquot.
Theory Project Option Agreement Details
To exercise the Option, Sun Summit must make a series of cash payments and share issuances to Eagle Plains and fund exploration expenditures on the Project. These payments, share issuance and expenditures are separated into two phases, with the first Option entitling the Company to acquire a 75% interest in the Project by paying CA$255,000, issuing an aggregate of 750,000 common shares to EPL and funding CA$3,000,000 in exploration expenditures on the Project by over a four-year term, including diamond drilling in years three and four. Pursuant to the second phase of the Option, the Company may acquire an additional 25% interest in the Project (for a 100% total interest) by notifying Eagle Plains of its intent to increase its interest to 100% and making an additional one-time payment of CDN$ 1,000,000 cash, of which half may be paid in Sun Summit shares valued at the time of notification.
If the First Option or the Second Option is exercised, a 2% smelter returns royalty will be granted to the Eagle Plains over the entire property, 1% of which may be repurchased for CA$1,000,000. Following the exercise of the First Option by the Company, the Company and the Vendor will form a joint venture which will administer the continued exploration and operation of the Project.
Eagle Plains will serve as Operator under the terms of Option 1 and will reserve the right to use Terralogic Exploration Services as geoscience consultant. Following the exercise of Option 1 and in the event of failure to exercise Option 2, Sun Summit and EPL shall then form a 75/25 joint venture (“JV”) to further explore and develop the Property.
Qualified Person
Technical information in this News Release has been reviewed and approved by C.C. Downie, P.Geo., a director and officer of Eagle Plains, hereby identified as the “Qualified Person” under N.I. 43-101.
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 $110,000,000 in value directly to its shareholders, with Copper Canyon Resources and Taiga Gold Corp. being notable examples. Eagle Plains latest spinout, Eagle Royalties Ltd. (CSE:”ER”) was listed on May 24, 2023, and on October 30, 2025, ER shareholders overwhelmingly approved a three-cornered amalgamation that resulted in a reverse takeover of Eagle Royalties by Summit Royalty Corp. The resulting issuer is named Summit Royalties Ltd. and trades under the symbol SUM on the TSX Venture Exchange.
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 $41M, the majority of which was funded by third-party partners. This exploration work resulted in approximately 50,000m of diamond-drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at various stages of development.
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 of Eagle Plains
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.
CRANBROOK, BRITISH COLUMBIA / ACCESS Newswire / January 15, 2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) (“EPL” or “Eagle Plains”) is pleased to announce results from the 2025 field program at Eagle Plains’ 100% owned Pine Channel Property, located approximately 40km km west of Stoney Rapids, Saskatchewan. The property is subject to a 2% NSR held by Summit Royalties, which includes a 1% buy-back clause to Eagle Plains.
The focus of the 6-day field program was to follow-up on encouraging field results from 2020, with refined targeting provided by the compilation and interpretation of airborne magnetic and LIDAR results obtained in 2022 and 2024. A total of 64 rock samples were collected in 2025. Analytical results ranged from trace values to a highest value of 427g/t Au (grab sample), with eleven samples returning over 3 g/t Au, including 4 samples over 34 g/t Au. Sampling of targets identified through lineament analyses in the areas of known mineralization confirm the potential for additional gold bearing structures. The program was managed by TerraLogic Exploration Inc. of Cranbrook, BC.
The highest-grade mineralization is concentrated at the Pit and ELA occurrences, where sampling returned bonanza gold grades (up to 427 g/t Au) with consistently anomalous silver (up to 111 g/t Ag), and associated pathfinder elements arsenic and antimony.
“The Pine Channel project has exceptional endowment of gold and silver mineralization in multiple zones throughout the property.”, commented Jesse Campbell, Vice President of Exploration for Eagle Plains. “The bonanza grade gold mineralization sampled in 2025, combined with historically documented results, greatly increases our confidence that Pine Channel is an important precious metal prospect within the Eagle Plains generative portfolio. A permit application, which could enable drilling as early as Q2 2026, has been initiated and a comprehensive interpretation of project data is underway. 2026 is shaping up to be one of the most active years in company history with programs being considered at over 25 different projects including approved drill programs at George Lake and Dufferin West in Q1. With a strong treasury and a tail-wind of strong commodity prices, our management team couldn’t be more excited for the year ahead.”
Pit Occurrence and no. 10 showing Area (SMDI 1581, 2177)
Rock sampling from historical trenches at the Pit Occurrence confirmed the presence of three NW-trending high grade gold bearing veins. Two 2025 grab samples from the central Pit vein (samples THPCR024 and THPCR025) returned 427 g/t Au, and 109 g/t Au, respectively, with silver to 111 g/t Ag. Three grab samples from the West Pit vein, located 70m west of the central vein, returned 34 g/t Au, 4.3 g/t Au, and 18.8 g/t Au. (samples THPCR022, THCPR021, THPCR023, respectively). Historical trenches on the east Pit vein, located 100m east of the central vein, were relocated in 2025. A grab sample by Eagle Plains on this vein in 2020 returned 1.9 g/t Au (PHPCR007).
During the 2025 prospecting program, an additional set of previously undocumented NW-aligned trench-pits were located 375m SW of the main Pit vein. A grab sample of quartz vein rubble from one of the pits returned 6.7 g/t Au. (sample BRPCR011).
ELA & no.5 showings (SMDI 1574,2174)
The Ela showing is a NW-tending vein exposed in a series of trenches over a strike length of 325m. The emphasis in 2025 was to assess along-strike and off-axis potential for additional mineralized vein systems. MHPCR028, a grab sample of subcrop vein material with 10% visible sulphides, was collected 55m east of the main vein, along a probable parallel vein system and returned 12.2 g/t Au. A 2025 grab sample from an 80cm width exposure of the main Ela vein returned 34.7 g/t Au (NHPCR012).
Algold Bay (SMDI 1575 & 1578)
The main NNW-trending Algold vein is exposed in a series of historical trench pits over a strike length of approximately 150m. The vein is 30-40 cm wide with abundant arsenopyrite and pyrite. Two samples along the vein returned values of 8.2 g/t Au (MHPCR023) and 5.3 g/t Au (MHPCR024). An off-axis grab sample (MHPCR022: 408 ppb Au), collected 65m west of the main vein, suggests the potential for additional mineralized structures at the showing.
Comprehensive data interpretation and analyses is underway to define and prioritize targets for diamond drill testing.
The Pine Channel Property consists of 29 mineral dispositions covering 6,519 hectares located approximately 40 km west of Stony Rapids, Saskatchewan which is the logistics/business hub for northern Saskatchewan. The property can be accessed year-round by float- or ski-equipped aircraft from Stony Rapids or Fort McMurray, AB. The eastern and northern part of the property is transected by a high voltage powerline. Most geological fieldwork is limited to late May to October but other operations such as geophysical surveys and diamond drilling can be completed year-round.
Pine Channel Property Highlights:
Highlights from documented historical work and previously reported results include:
Algold Bay: 63.5 g/t Au over 0.6 m (drill hole) (SMDI 1575)
North Norite Bay: 407.96 g/t Au over 0.5 m (drill hole) (SMDI 2183)
ELA: 39.96 g/t Au over 0.55 m (drill hole) (SMDI 1574)
Holes G-1 and G-3: 3.20 g/t Au over 1 m (drill hole) (SMDI 2329)
Occurrence No. 6/Occurrence No. 8: 90.6 g/t Au over 0.2 m (trench sample) (SMDI 1581)
Cole Lake Ni-Cu: 0.45% Ni over 7.0 m (drill hole), 6.2 g/t Au, 0.01% Ni and 0.06% Cu over 3.0 m (trench sample) (SMDI 1583)
Multiple untested geophysical anomalies and mineralized trends associated with favourable geology
The main deposit type that is being explored for at Pine Channel is structurally controlled vein-quartz (lode) gold deposits. Mineral occurrences on the Pine Channel Property contain predominantly gold, with rare base metal occurrences. Within the Pine Channel tenures there are twenty documented historical showings.
Government mapping in the Pine Channel area dates from 1913, with the first industry work reported in 1950. A total of 51 assessment reports have been filed within the current Pine Channel tenure area. Past operators include Golden Rule Resources Ltd. and Colchis Resources Ltd. who were both active on the project during the 1980’s, the last sustained period of exploration in the area. The most recent work prior to Eagle Plains acquiring the claims in 2018 was in 2013 when the area was flown with an airborne Variable Time Domain Electromagnetic (“VTEM”) survey focused on locating targets for diamond exploration. There has been a total of 6,066 metres of diamond drilling in 115 historic holes completed within the current Pine Channel property claim boundaries, with the majority of the holes completed less than 100 metres in length. Although the wide-spaced drilling did intersect significant gold mineralization in places, much of the drilling was completed using thin diameter core which is considered ineffective for assessing the high-grade “nuggety” gold shears and veins found at Pine Channel.
Since acquiring the property, Eagle Plains has completed field programs focused on prospecting and mapping in areas of known mineral occurrences. The work confirms the widespread occurrences of auriferous quartz veins and associated shear systems in the Pine Channel property. Analytical results from the seventy-two rock samples collected in 2020 range from 6 ppb Au to 68,400 ppb Au (68.4 g/t Au). Twenty-three of the samples returned greater than 1 g/t Au, and eight returned greater than 10 g/t Au. The most encouraging of the known showings are the ELA Shaft showing (SMDI 1574) and Occurrence No. 6 and No. 8 (SMDI 1581), which both demonstrate anomalous gold geochemical results and potential for extension of known mineralization along strike.
2022 and 2024 work included a helicopter-borne high-resolution aeromagnetic and radiometric survey and a high-resolution LiDAR and orthophoto survey. Lineation analyses of the LiDAR imaging, combined with the aeromagnetic data, defined a number of new target areas adjacent to and along strike from known mineralization, which will be priority targets for future exploration.
Rock grab samples are selective samples by nature and as such are not necessarily representative of the mineralization hosted across the property. Some of the above results were taken directly from the SMDI descriptions and assessment reports (SMAD) filed with the Saskatchewan government. Management cautions that historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person, but form a basis for ongoing work on the subject properties. Eagle Plains’ 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 Person
Technical information in this News Release has been reviewed and approved by C.C. Downie, P.Geo., a director and officer of Eagle Plains, hereby identified as the “Qualified Person” under N.I. 43-101.
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 $110,000,000 in value directly to its shareholders, with Copper Canyon Resources and Taiga Gold Corp. being notable examples. Eagle Plains latest spinout, Eagle Royalties Ltd. was listed on May 24, 2023, and on October 30, 2025, ER shareholders overwhelmingly approved a three-cornered amalgamation that resulted in a reverse takeover of Eagle Royalties by Summit Royalty Corp. The resulting issuer is named Summit Royalties Ltd. and trades under the symbol SUM on the TSX Venture Exchange.
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 $41M, the majority of which was funded by third-party partners. This exploration work resulted in approximately 50,000m of diamond-drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at various stages of development.
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 of Eagle Plains
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.
CRANBROOK, BC / ACCESS Newswire / January 12, 2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) (“EPL” or “Eagle Plains”) is pleased to announce that planning is underway for its upcoming 2026 diamond drill program at the 100% owned George Lake Project. Drilling is expected to commence in late January and will include approximately 1650m of diamond drilling.
The 2026 program is driven by results from geophysical and technical work, paired with advanced interpretation to prioritize targets. The first phase of drilling is designed to intersect the sedimentary exhalative (sedex) stratigraphy that hosts the George Lake deposit, in systematic 200 m step outs (both down-dip and along strike) from historical intersections such as 8.0m of 6.96% Zn, 1.42% Pb, and 5.91 g/t Ag within a broader interval of 47.8m of 4.50% Zn, 0.61% Pb, and 3.49 g/t Ag (DDH GL-08-02).
Mineralization at George Lake is characterized by significant but sub-economic critical metal mineralization over a broad strike length of approximately 8.1kilometers. The source of this mineralization has never been established, and forms the basis for Eagle Plains’ continuing exploration work. The program will be conducted by TerraLogic Exploration Inc. of Cranbrook, BC under the direction of Kerry Bates, MSc., P.Geo., Exploration Manager for Eagle Plains. New Age Drilling Solutions has been contracted to complete diamond drilling activities.
Chuck Downie, P.Geo., President and CEO of Eagle Plains, commented, “We are excited to undertake the first drill program at George Lake since 2008. Sedimentary-exhalative systems are a compelling target and on a world-wide scale represent some of the largest critical metals deposits discovered. In addition, they typically occur in clusters along the host stratigraphy which indicates the potential for other discoveries on the project. The project has benefited from the the 2022 high resolution geophysical survey funded by the Government of Saskatchewan, which aided in refining property scale geological mapping of the deposit stratigraphy.”
George Lake is one of the projects included in a formal Exploration Agreement between Eagle Plains and the Ya’thi Néné Lands and Resource Office (“YNLR”), representing the Athabasca Denesułiné First Nations of Hatchet Lake, Black Lake, and Fond du Lac, the Northern Hamlet of Stony Rapids, and the Northern Settlements of Uranium City, Wollaston Lake and Camsell Portage. YNLR will be providing technical support for the program.
The project will also be eligible for the Saskatchewan Targeted Mineral Exploration Incentive (TMEI), which may provide funding of up to $150,000.00 towards drilling-related program costs.
About the George Lake Project The fully permitted 6868 ha George Lake project is located 280km north of La Ronge, Saskatchewan. The project has excellent access and is located on a recently completed highway connecting Saskatchewan Highway 905 to the community of Wollaston Lake. Eagle Plains holds a 100% interest in claims comprising the property, subject to a 2% royalty held in favour of Summit Royalties Ltd.
4,131m of drilling completed in 22 holes at the deposit, with the best drill holes returning 57.9m grading 2.65% Zn and 0.41% Pb (including 13.5m grading 4.36% Zn and 0.76% Pb) (DDH GL08-01) and 47.8m grading 4.03% Zn and 0.44% Pb (including 8.0m grading 6.96% Zn and 01.42% Pb) (DDH GL08-02) (SMAF 64E05 0033);
George Lake Deposit comes to surface and has dimensions of approximately 35m width x 150m depth x 800m length, and is open to depth and along strike;
Potential for discovery of extensions of existing mineralization and other discrete mineralization elsewhere on the property;
George Lake Geophysics Summary The George Lake property was covered by the 2022 eastern Wollaston Domain electromagnetic and magnetic high resolution geophysical survey, flown by the Government of Saskatchewan. The 200m line spaced survey was carried out by Geotech Canada Inc. utilizing Geotech’s VTEM Max Time-Domain Electromagnetic (TDEM) system. Results from the survey indicate a strong southwest-northeast trending EM conductor that crosses the entire property. The conductor is coincident with the George Lake deposit mineralization and has been only partially drill tested. The survey also located weaker parallel conductor trends north and south of the main conductor, with the northern conductor coincident with the Spence Lake mineralized zone.
In 2024, Eagle Plains contracted EarthEx Geophysical Solutions to undertake detailed interpretation of the VTEM survey data to assess the electromagnetic and magnetic response of the George Lake deposit, and identify new exploration targets. EarthEx identified 17 target zones and a magnetic inversion component included as part of the modelling indicates that the contact that hosts the George Lake deposit is near vertical and continuous to depth, providing valuable information for drill targeting.
George Lake Exploration Target The results from the 2024 geophysical modeling, and the results from historical drilling 1, including the continuous nature of the mineralization, the reported grades of the mineralization, shallow drilling depths and examination of historical drill core indicate the potential to expand the size of the known George Lake Deposit, with a conceptual Exploration Target containing 2MT to 5MT with grades of 3-5% Zn and 0.5-1.5% Pb.
1 SMAF 64E05-0031, 64E05-0026, 64E-0018
The potential quantity and grade of the George Lake mineralization is conceptual in nature, and there has been insufficient exploration to define a mineral resource. It is uncertain if further exploration will result in the target being delineated as a mineral resource.
The property overlies 8 Saskatchewan Mineral Deposit Index (“SMDI”) occurrences including the George Lake Zn Deposit. Zinc and lead mineralized boulders were discovered in the George Lake area in 1965 which led Falconbridge Nickel Mines to acquire a large land position in the area, resulting in a 34-hole diamond drill program in 1969-70 which defined the George Lake deposit. The deposit contains sedimentary-exhalative (“sedex”) style mineralization, with a higher-grade core of >5% Zn.
Some of the above results were taken directly from the SMDI descriptions and assessment reports (SMAF) filed with the Saskatchewan government. Management cautions that historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person, but form a basis for ongoing work on the subject properties.
Qualified Person Technical information in this News Release has been reviewed and approved by C.C. Downie, P.Geo., a director and officer of Eagle Plains, hereby identified as the “Qualified Person” under N.I. 43-101.
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 $110,000,000 in value directly to its shareholders, with Copper Canyon Resources and Taiga Gold Corp. being notable examples. Eagle Plains latest spinout, Eagle Royalties Ltd. (CSE:”ER”) was listed on May 24, 2023, and on October 30, 2025, ER shareholders overwhelmingly approved a three-cornered amalgamation that resulted in a reverse takeover of Eagle Royalties by Summit Royalty Corp. The resulting issuer is named Summit Royalties Ltd. and trades under the symbol SUM on the TSX Venture Exchange with a market capitalization of over $100M.
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 $41M, the majority of which was funded by third-party partners. This exploration work resulted in approximately 50,000m of diamond-drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at various stages of development.
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 of Eagle Plains
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.
