Eagle Plains Res Stock Price, News & Analysis

Eagle Plains Resources Ltd. has successfully uplisted from the OTC Pink market to the OTCQB Venture Market, effective June 5, 2025. The company will trade under the symbol EGLPF on the OTCQB while maintaining its primary listing on the TSX Venture Exchange as EPL. The OTCQB Venture Exchange, established in 2010, serves as a premier marketplace for early-stage U.S. and international companies committed to high-quality trading standards. CEO Chuck Downie highlighted that this uplisting will enhance the company's visibility, credibility, and access to U.S. capital markets while providing improved liquidity for U.S. investors. To maintain OTCQB listing, companies must meet requirements including current financial reporting, minimum bid price, and annual verification processes.

Eagle Royalties Ltd. (CSE:ER.CN) has issued a clarification regarding their May 15, 2025 news release about warrant term amendments. The company corrects two dates previously announced: The expiration date of 5,005,998 common share purchase warrants from their May 2023 non-brokered private placement is May 18, 2025 (not May 19, 2025 as initially stated). The extended expiry date after the 12-month extension is May 18, 2026 (not May 19, 2026 as initially stated). The warrant exercise price remains unchanged at $0.50 per warrant.

Eagle Plains Resources (EGPLF) has provided updates on four key properties in Saskatchewan's La Ronge region: Campbell Lake, Cook, Elizabeth Lake, and Joey. The Campbell Lake property (7,852 ha) is adjacent to Ramp Metals' Rottenstone SW project, where recent discoveries showed 73.55 g/t Au over 7.5m. The Cook Project (2,741 ha) revealed significant 2023 sampling results, including 67.7 g/t Au. The Elizabeth Lake Project features a historic Cu-Ag VMS deposit with notable drill intercepts up to 1.53% Cu and 10.6 g/t Ag, with historical resources estimated at 4.9M tonnes grading 0.73% Cu. The Joey property has shown historical drilling results of up to 28.2 g/t Au over 1m. All properties are 100% owned by Eagle Plains with no underlying royalties.

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.

Eagle Plains Resources (TSXV:EPL) announces that partner Earthwise Minerals (CSE:WISE) has completed data review of the Iron Range Project in British Columbia. Earthwise holds an option to acquire up to 80% interest in the 21,437ha project.

The project showed significant historical drilling results, including:

• 2010 Talon Zone: 14.0m @ 5.1g/t gold, 1.86% lead, 2.1% zinc, 75.3g/t silver
• 2010 Talon Zone: 7.1m @ 8.13g/t gold, 2.84% lead, 3.07% zinc, 86.6g/t silver
• 2008 drilling (10km north): 7.0m @ 51.52g/t gold

Under the option agreement, Earthwise must make CA$250,000 in payments, issue 1.5M shares, and fund CA$4M in exploration over four years for 70% interest. An additional 10% can be acquired through CA$1M payment and completing a bankable feasibility study.

Eagle Plains Resources (EPL) and Sun Summit Minerals (SMN) have finalized an option agreement for the Theory copper-gold project in British Columbia's Toodoggone Mining District. The agreement grants Sun Summit the right to acquire up to 100% interest in the 9,676-hectare project through a two-phase option structure.

Under the first option, Sun Summit can acquire 75% interest by paying CA$255,000, issuing 750,000 common shares, and funding CA$3,000,000 in exploration over four years. The second option allows acquisition of the remaining 25% for an additional CA$1,000,000. Upon exercise, Eagle Plains will retain a 2% smelter returns royalty, with 1% repurchasable for CA$1,000,000.

The Theory Project, located near Sun Summit's JD Project, shows potential for both epithermal gold and copper-gold porphyry deposits. Historical exploration revealed promising results, including samples with up to 8.2 g/t Au, 195 g/t Ag, and 6.2% Cu at the DM occurrence. A minimum expenditure of $200,000 is planned for 2025 exploration.

Eagle Plains Resources has received a drilling permit for its Dufferin West Property from the Saskatchewan Ministry of Environment. Partner Refined Energy Corp has the option to acquire up to 75% interest in the 10,140ha Dufferin Project, located 18km from Cameco's Centennial Deposit.

Three priority target areas have been identified using VTEM and magnetic data. The highest-priority target features two conductors near the Virgin River shear zone, with one showing strong conductivity associated with a magnetic transition. These untested targets are estimated to have relatively shallow sandstone cover of less than 200 metres above the unconformity.

Under the option agreement, Refined must make payments totaling CA$275,000, issue 1,000,000 shares, and fund CA$2.6M in exploration by December 2026 for 60% interest. An additional 15% can be acquired with CA$500,000 payment, 500,000 shares, and CA$3M in exploration by December 2028. Eagle Plains will retain a 2% smelter returns royalty, half of which is repurchasable for CA$2M.

Eagle Plains Resources (TSXV:EPL) and Earthwise Minerals (CSE:WISE) have finalized an option agreement for the Iron Range gold project in British Columbia. The agreement allows Earthwise to acquire up to 80% interest in the 21,437ha project through a two-phase option structure.

The First Option enables a 70% interest acquisition for CA$250,000, 1.5 million common shares, and CA$4,000,000 in exploration expenditures over four years. The Second Option permits an additional 10% interest for CA$1,000,000 and completion of a bankable feasibility study.

Historical drilling highlights include:

• Talon Zone: 14.0m at 5.1g/t gold, 1.86% lead, 2.1% zinc, 75.3g/t silver
• Additional intersection: 7.0m at 51.52g/t gold

The project shows potential for gold-silver, iron-oxide copper-gold (IOCG), and Sullivan-style lead-zinc-silver mineralization. Eagle Plains will serve as the operator, with a 2% smelter returns royalty upon option exercise, 1% of which is repurchasable for CA$1,500,000.

Eagle Plains Resources (TSX-V:EPL) has entered into a non-binding letter of intent with Earthwise Minerals (CSE:WISE) for an option agreement on the Iron Range Gold project in British Columbia. Under the agreement, Earthwise can acquire up to an 80% interest in the 21,437ha property.

The project has shown promising drilling results, including historical intersections of 14.0m grading 5.1g/t gold, 1.86% lead, 2.1% Zinc, 75.3g/t silver, and another intersection of 7.0m grading 51.52g/t gold. To acquire a 70% interest, Earthwise must complete $4M in exploration expenditures, pay $250,000 cash, and issue 1.5M shares over four years. An additional 10% can be acquired through a $1M payment and completing a bankable feasibility study.

The property, located near Creston, BC, features excellent infrastructure including a high-pressure gas pipeline, high-voltage power line, and rail access to the Teck smelter. Eagle Plains will retain a 2.0% NSR, which can be reduced to 1.0% for $1.5M.