EAGLE PLAINS RES LTD - EGPLF STOCK NEWS

Eagle Royalties reports encouraging drill results from the AurMac gold project in Yukon, where it holds royalty interests ranging from 0.5% to 2.0%. Banyan Gold's drilling program revealed significant gold intercepts across 13 holes in the Powerline resource area, subject to Eagle's 1% net smelter return royalty. Notable results include intersections of visible gold and high-grade intervals, with highlights such as 197.0m grading 0.72 g/t Au and exceptional grades of 539.30 g/t over 0.2m. Banyan completed 118 drill-holes totaling over 21,000m in 2024, with test recoveries showing 93% at Powerline and 90% at Airstrip using conventional mill processing.

Eagle Plains Resources (TSXV:EPL) and Ya'thi Néné Lands and Resource Office (YNLR) have signed an Exploration Agreement for mineral exploration in Nuhenéné, the traditional territory of the Athabasca First Nations. The agreement covers six uranium exploration projects in the Lake Athabasca region, which are under option to Xcite Resources Inc. The partnership promotes employment, training opportunities, and environmental stewardship while ensuring community participation through YNLR's Community Land Technicians. Eagle Plains currently holds 19 uranium projects totaling 54,598 ha of mineral dispositions in Saskatchewan.

Eagle Plains Resources (TSXV:EPL) announces that partner Refined Energy Corp (RUU)(RFMCF)(CWA0) has started 2024 work on the Dufferin Project in Saskatchewan. The project, consisting of North and West Dufferin properties, is located near Cameco's Centennial Deposit. Planned work includes an airborne MobileMT geophysical survey at Dufferin North and interpretation of historical geophysical data at both sites.

Refined Energy has the option to acquire a 75% interest in the project. The partners have also acquired an additional 2,837 hectares at Dufferin West, expanding the project to 10,140 hectares. The Dufferin Project is prospective for uranium mineralization near the Virgin River Shear Zone. To exercise the option, Refined must make cash payments, share issuances, and fund exploration expenditures in two phases, potentially granting Eagle Plains a 2% smelter returns royalty.

Eagle Plains Resources (TSX-V:EPL) has announced the formation of a new subsidiary, Osprey Power Inc. (OP), focused on advancing clean energy projects in Canada. This strategic move aims to give shareholders direct exposure to opportunities in the Canadian green energy transition. Osprey Power will be led by Jared Sproule, who brings over 17 years of experience in renewable energy project development.

Key strengths of Osprey Power include an experienced management team, flexibility to pursue opportunities quickly, innovative approaches to increase project value, and a community-focused strategy. The company will initially focus on Western Canada, targeting wind, solar, battery energy storage systems (BESS), and small hydro projects.

Eagle Plains will continue its core business of mineral exploration while leveraging synergies between mineral exploration and renewable energy projects. The company sees this expansion as an opportunity to become a premier supplier of green energy projects in response to the growing demand for renewable energy options in Canada.

Eagle Plains Resources (TSX-V:EPL) has completed 2024 fieldwork at its 100%-owned Adamant Property in British Columbia, which hosts Rare Earth Element (REE) mineralization. The company has also received a Multi-Year Area Based Permit (MYAB) for geophysics, trenching, and drilling. The 2024 fieldwork focused on extending known syenite and pegmatite dyke swarms and evaluating additional targets. It generated 23 rock samples and 2 stream-silt samples, along with scintillometer survey traverses. Previous work in the area has shown high-grade REE mineralization, with samples returning up to 12.63% Total Rare Earth Oxides (TREO). Eagle Plains is actively seeking a partner for the project, which meets qualifying transaction requirements for both CSE and TSX.V listings.

Eagle Plains Resources announces the completion of airborne geophysical surveys by partner Apogee Minerals at the Pine Channel Property in Northern Saskatchewan. The surveys, conducted at both Pine Channel and Shasko Bay projects, included:

1. A 267-line kilometre helicopter-borne magnetic survey at Pine Channel, identifying ten new prospective trends.

2. A 148-line kilometre infill, high-resolution airborne EM and magnetic survey at Shasko Bay.

The Pine Channel Property has shown promising historical results, including bonanza-grade gold mineralization up to 870 g/t Au in grab samples and significant drill intercepts. The Shasko Bay uranium target has potential for unconformity and basement style uranium mineralization. An exploration permit for Shasko Bay is valid until March 1st, 2026, allowing for advanced exploration activities.

Eagle Plains Resources (TSXV:EPL) has commenced fieldwork on its 100%-owned Snowstorm Property, located 45km E of Nakusp, British Columbia. The 1026 ha property hosts polymetallic veins with significant gold-silver-lead-zinc mineralization. The property is part of the historic Slocan Mining Camp and contains 6 BC Minfile occurrences. Previous exploration revealed high-grade samples, including:

- Up to 572 g/t silver, 2.81 g/t gold, and 22.4% lead at the Snowstorm occurrence
- 1.4 g/t gold, 600 g/t silver, 29% lead, and 29.8% zinc at the Juno occurrence
- 1540 g/t silver, 41.1% lead, 16.1% antimony, and 1.58% copper at the West Ridge vein
- 27.5 g/t gold, 1083 g/t silver, 56.2% lead, and 0.55% zinc at the Silver Sparrow occurrence
- 144 g/t gold, 158 g/t silver, 6.04% lead, and 3.47% zinc at the Lakeview occurrence

Eagle Plains aims to assess the project for its bulk-tonnage potential, as no historical drilling has been reported on the property.

Eagle Plains Resources (EPL:TSX-V) announces the passing of its founder, Robert (Bob) Termuende, at age 94. Bob was a visionary in the resource industry, with a career spanning over six decades. He founded Rio Alto Exploration, which was later sold for $2.4B, and Kenton Natural Resources (later Pacalta Resources), acquired for nearly $1B. In 1992, Bob co-founded Eagle Plains Resources, which remains one of the oldest companies on the TSX-V. His contributions to the industry and community were recognized with the King Charles III Coronation Medal in 2023. Bob's legacy is marked by his integrity, innovation, and commitment to making the world a better place.

Eagle Plains Resources (TSXV:EPL) has announced the termination of its Option Agreement with 1416753 B.C. due to default on performance requirements. The company has provided an update on its Lost Horse Copper-Gold Project, a 3,759ha property located in South-Central British Columbia. Eagle Plains has received a 5-year MYAB permit for Lost Horse, allowing for trenching and diamond drilling.

The property, underlain by Quesnel Terrane rocks, hosts known gold-silver-copper-molybdenum-zinc veins and is prospective for copper-gold porphyry mineralization. Recent exploration programs in 2022 and 2024 have confirmed gold-silver-zinc mineralization, primarily related to low-sulphidation epithermal veining. The Lost Horse project is now 100% owned by Eagle Plains and is available for option, with the company actively seeking partners.