STOCK TITAN

EAGLE PLAINS RES LTD - EGPLF STOCK NEWS

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. (TSXV:EPL), also known as Eagle Plains, is a mineral exploration company based in Cranbrook, British Columbia. The company focuses on critical metals essential for the electrified, decarbonized economy. Eagle Plains was established in 1992 and is a prolific project generator with a diverse portfolio of projects throughout western Canada. The company has a long history of delivering shareholder value and transferring significant value to its shareholders through spinouts. Eagle Plains is actively involved in grassroots exploration projects covering basement and unconformity hosted uranium targets in Saskatchewan, including the Beaver River, Black Bay, Don Lake, Gulch, Larado, and Smitty projects.

Rhea-AI Summary

Eagle Plains Resources (TSX-V:EPL) shareholders approved all matters at the Annual and Special Meeting held on December 16th, 2024, in Cranbrook, BC. The approved matters included: election of six directors, appointment of Crowe MacKay LLP as auditors, and renewal of the Company's Stock Option Plan.

The company maintains a strong financial position with $8.2M cash, over $1.2M in investments, and approximately $1.5M in real estate and hard assets, operating debt-free. Their wholly-owned subsidiary, TerraLogic Exploration Inc., continues generating revenue through mineral exploration consulting. The company remains active in junior mining with ongoing exploration projects across British Columbia, Saskatchewan, and Yukon, while also venturing into renewable energy through Osprey Power Inc.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.57%
Tags
none
-
Rhea-AI Summary

Eagle Royalties (CSE:ER) announced that Eagle Plains Resources (TSX-V:EPL) has sold the Slocan Graphite Project in southern British Columbia to Weaver Energy Corp., a private Ontario-based company. Eagle Royalties maintains a 2% net production royalty on the property, with Eagle Plains retaining the option to purchase 1% of the royalty for CDN$1,000,000. Weaver Energy will assume all royalty obligations related to the Project.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
Tags
none
-
Rhea-AI Summary

Eagle Plains Resources (TSXV:EPL) has announced the sale of its Slocan Graphite Project to Weaver Energy Corp., a private Ontario company. The purchase agreement, effective December 06, 2024, includes a $150,000 cash payment and a 0.5% net production royalty (NPR) granted to Eagle Plains. The claims are subject to an existing 2% NPR Royalty held by Eagle Royalties

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Eagle Plains Resources has announced results from its 2024 field program at the 100%-owned Snowstorm Property in British Columbia. The program confirmed high-grade, vein-hosted Au-Ag-Pb mineralization over a 1.7km strike length. Notable findings include Pine Tree vein sample returning 76.30 g/t Au, 56.30 g/t Ag, and 30.30% Pb, and Snowstorm trench sample yielding 2.64 g/t Au, 174.00 g/t Ag, 13.55% Pb. The company has expanded its property package to 2084 ha through additional claim staking. The property, located within the historic Slocan Mining Camp, contains 8 BC Minfile occurrences and shows potential for both high-grade veins and bulk-tonnage mineralization.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.98%
Tags
none
-
Rhea-AI Summary

Eagle Royalties has announced two key appointments: Stephen Kenwood as independent director and Brent Bonney to the Advisory Board. Kenwood brings over 35 years of mineral exploration experience and previously served as director at Ely Gold Royalties until its CDN $300M acquisition by Gold Royalty Corp. Bonney, former Vice President of Corporate Development at Maverix Metals (acquired by Triple Flag Precious Metals for US$600M), joins Glen Diduck on the Advisory Board. The company has also granted 700,000 incentive stock options at $0.30 per share, expiring November 13th, 2029.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.8%
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
Tags
none

FAQ

What is the current stock price of EAGLE PLAINS RES (EGPLF)?

The current stock price of EAGLE PLAINS RES (EGPLF) is $0.0614 as of December 18, 2024.

What is the market cap of EAGLE PLAINS RES (EGPLF)?

The market cap of EAGLE PLAINS RES (EGPLF) is approximately 8.1M.

Where is Eagle Plains Resources Ltd. based?

Eagle Plains Resources Ltd. (TSXV:EPL) is based in Cranbrook, British Columbia, Canada.

What is the focus of Eagle Plains Resources Ltd.?

Eagle Plains Resources Ltd. focuses on critical metals essential for an electrified, decarbonized economy through mineral exploration projects.

When was Eagle Plains Resources Ltd. established?

Eagle Plains Resources Ltd. was founded in 1992.

What type of projects does Eagle Plains Resources Ltd. undertake?

Eagle Plains Resources Ltd. is a prolific project generator involved in grassroots exploration projects covering basement and unconformity hosted uranium targets in Saskatchewan.

Which regions does Eagle Plains Resources Ltd. operate in?

Eagle Plains Resources Ltd. conducts mineral exploration projects throughout western Canada with a focus on critical metals.

How does Eagle Plains Resources Ltd. deliver shareholder value?

Eagle Plains Resources Ltd. has a history of delivering significant value to its shareholders through spinouts and successful exploration activities.

What are some of the key projects of Eagle Plains Resources Ltd.?

Eagle Plains Resources Ltd. is actively involved in projects such as the Beaver River, Black Bay, Don Lake, Gulch, Larado, and Smitty projects in Saskatchewan.

What is the primary focus of Eagle Plains Resources Ltd.'s exploration activities?

Eagle Plains Resources Ltd. focuses on exploring for critical metals essential for an electrified, decarbonized economy through a diverse portfolio of projects.

How is Eagle Plains Resources Ltd. contributing to the mining sector?

Eagle Plains Resources Ltd. is actively engaged in mineral exploration projects that aim to discover and develop resource opportunities while maintaining honest and respectful business practices.

What sets Eagle Plains Resources Ltd. apart in the mining industry?

Eagle Plains Resources Ltd. distinguishes itself in the mining sector through its history of delivering shareholder value, successful spinouts, and exploration activities focused on critical metals.

EAGLE PLAINS RES LTD

OTC:EGPLF

EGPLF Rankings

EGPLF Stock Data

8.05M
102.11M
11.25%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Cranbrook