eagle plains resources ltd (EGPLF) Key Developments
Santa Fe Metals Commences Exploration Activity on EPL's Iron Range Project
Aug 6 14
Eagle Plains Resources Ltd., or EPL, has announced that its option partner Santa Fe Metals Corp. has commenced 2014 exploration activity on EPL's 100%-owned Iron Range project, located near Creston in British Columbia. SFM holds the exclusive right to earn a 60% interest in the property. A well-developed transportation and power corridor transects the southern part of the property, including a high-pressure gas pipeline and a high-voltage hydro-electric line, both of which follow the CPR mainline and Highway 3. The rail line provides efficient access to the Teck smelter in Trail, B.C., located 80km to the west. Management of both Eagle Plains and Santa Fe consider the Iron Range project to hold excellent potential for the presence of both iron-oxide copper-gold ("IOCG") and "Sullivan-style" lead-zinc-silver sedimentary-exhalative ("SEDEX") mineralization. Management cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Iron Range property.
Eagle Plains Resources Ltd. Commences Diamond-Drilling Activity on Findlay Property
Jun 17 14
Eagle Plains Resources Ltd. announced that diamond-drilling activity has commenced on Eagle Plains' 100% owned Findlay property, located 30 kilometers north of Kimberley, in south-eastern B.C. MMG holds the exclusive right to earn up to a 75% interest in the 33,500 ha property. 2014 Exploration work will consist of geological mapping and geophysical survey work (completed) and an 850m, 1-hole program to be funded and operated by MMG. Drilling is expected take 3-4 weeks to complete. The Findlay Project overlies Aldridge Formation stratigraphy, considered prospective for sedimentary- exhalative deposits. Structurally, this area has been identified as an extension of the North Star-Sullivan corridor which hosts the world-class Sullivan deposit 35km to the south. Over its 100 year lifetime, Sullivan produced approximately 150,000,000 tonnes of ore including 300,000,000 ounces of silver, 8,000,000 tonnes of zinc and 8,000,000 tonnes of lead, collectively worth over $25 billion at current metal prices. The Findlay property displays Sullivan-style exhalative tourmalinite (boron) horizons, massive fragmental sections, anomalous lead, zinc, and indicator geochemistry, and base-metal occurrences. This "Sullivan smoke" occurs throughout the Lower to Upper Aldridge formation and indicates the potential for Sullivan-style mineralization at multiple stratigraphic levels. Management cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Findlay property. North Findlay: 100 meter thick multi-kilometer-scale mineralized and tourmaline-altered exhalative horizon related to hydrothermal venting within the Upper Aldridge stratigraphic interval. Greenland Creek: Diamond-drilling by Eagle Plains in 1997 intersected numerous thin stratabound sulphide bands associated with albite/garnet/chlorite alteration, some of which display continuity over 60m, and are open down-dip and along strike. Dating indicates Sullivan-age for lead mineralization in the Greenland Creek area. Mid-Fork: Evidence for deep-seated structures including arched gabbros and thickened, mineralized fragmental sequences at or near "Sullivan time". The property also includes the historic Silver Key Mine, which produced 31 tons of selected ore averaging 3431 g/t silver from structurally-controlled narrow quartz veins within the Lower Aldridge Formation. Property-scale mapping by MMG and others has established excellent Aldridge marker control and many of the drill targets developed are within the 500- 1,000m depth range, considered to be shallow for Sullivan-type targets in the Purcell Basin.
Eagle Plain Resources Presents at Cambridge House Vancouver Resource Investment Conference, Jan-19-2014 02:30 PM
Jan 16 14
Eagle Plain Resources Presents at Cambridge House Vancouver Resource Investment Conference, Jan-19-2014 02:30 PM. Venue: Booth #1002, Vancouver Convention Center, 1055 Canada Place, Vancouver, British Columbia, Canada.
Eagle Plains Resources Announces Resignation of Ryan Kalt as Director
Oct 8 13
Eagle Plains Resources Ltd. announces that the board of directors has accepted the resignation of Ryan Kalt, Director, effective immediately.
Eagle Plains Resources Ltd., Annual General Meeting, Sep 04, 2013
Jun 25 13
Eagle Plains Resources Ltd., Annual General Meeting, Sep 04, 2013., at 11:00 US Mountain Standard Time. Location: Suite 200, 44 12th Avenue South. Agenda: To receive and consider the audited financial statements of the corporation for the year ended December 31, 2012, and the report of its auditors; to elect the directors for the ensuing year; to appoint auditors for the ensuing year; to approve the corporation's stock option plan; to ratify the re-pricing of stock options; and to transact such other business as may properly come before the said meeting or any adjournment thereof.