Uranium Investing News

Overview

Eagle Plains Resources Ltd. is a junior exploration company headquartered in Cranbrook, British Columbia. Operating since 1992, EPL has been aggressively exploring for minerals and controls over 35 properties in British Columbia, Yukon, Northwest Territories & Saskatchewan. Eagle Plains has assembled an impressive technical team of 7 full time geologists and 3 technicians complimented by a seasonal staff of 4 geologists and 12 technicians.

The Company’s focus is to identify and secure early-stage exploration opportunities in precious metals and base metals, then attract joint-venture participation to leverage the development. Once a project has been advanced to a defined resource, it then may be spun-off from the assets of Eagle Plains to spotlight the value and make it available for acquisition by a producing company.

Eagle Plains Creates Shareholder Value by:

• Employing a joint-venture model to advance early stage projects. JV partners pay EPL cash & shares, then commit to exploration in order to earn-in on a property. This reduces EPL shareholder risk and stock dilution.
• Spinning-off successful projects. This creates a new share for the investor. The project can then be made available, unencumbered by other EPL projects, to mining companies for production. The desired result is for the spin-off share to transform into the acquiring mining company share.

Chief Properties

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• Controls over 35 properties in Western Canada acquired during the industry downturn of the 1990’s.
• 7 properties acquired with $38 million in expenditures by previous owners.
• Operating since 1992.
• Controls 2 Inferred Resources; Blende and Sphinx Projects.
• Explores for Gold, Uranium, Silver, Copper, Zinc, Lead and Molybdenum.
• Employs an experienced team of geologists, technicians and financial experts.
• Proven ability to develop joint ventures and partnerships.
• Considered a “Project Generator” company.
• Additional prospecting permits acquired in the Mackenzie Valley zinc belt of the Northwest Territories. Eagle Plains now controls over 8,550 sq km of prospecting permits with exclusive exploration rights for 3 years.
• Announcement of strategic alliance with Teck Cominco on the Mackenzie Valley zinc project.
• Winter drill program completed on uranium projects in Saskatchewan.
• 30,000 feet drilled in 2007 on 7 projects, 13 projects advanced in total.
• Continue to focus on drilling projects and generating drill targets during the 2008 program.

Management

• 10 geologists and 3 technicians full time staff, in field season this number more than doubles.
• CEO - Tim Termuende, P.Geo - Tim Termuende is a professional geologist with over 25 years experience in the mineral exploration industry. He is currently the President and Chief Executive Officer of Eagle Plains Resources Ltd. Tim was one of the founders of the company, and has been actively involved since its inception in 1992. Since earning his degree in Geological Sciences at the University of British Columbia in 1987, Tim has worked on exploration projects throughout North, Central, and South America, and has inspected mineral deposits in the former Soviet Union. Tim has been continuously active in mineral exploration throughout western Canada since 1976, and currently oversees a broad range of ongoing exploration projects located throughout British Columbia and the Yukon Territory.
• Vice President Exploration - Chuck Downie, P.Geo - Charles C. (Chuck ) Downie has over 20 years experience in mineral exploration and mining. He is a graduate of The University of Alberta (B.Sc 1988). Mr. Downie worked for Cominco Ltd. both pre and post graduation where he was involved with grassroots exploration, property evaluation, mine development and mine production at various exploration projects throughout Western Canada including Pine Point, Polaris, Snip and Sullivan. After leaving Cominco in 1993, Mr. Downie worked as a geological consultant throughout North, Central, and South America with a wide range of projects including copper gold porphyry, shear hosted gold, sedimentary exhalitive, and Volcanogenic Massive Sulphide. Mr. Downie has been associated with Eagle Plains Resources since 1993 and brings extensive project management experience related to property evaluation. Mr. Downie is a member in good standing of the Association of Professional Engineers and Geoscientists of British Columbia and has been the Exploration Manager for Eagle Plains Resources since 1999.
• Director — David Johnston, BASC, MASC — David Johnston graduated from the University of British Columbia in 1963 with a degree in mining engineering. From 1973 - 1980 Mr. Johnston held the position of manager of operations at the Fording River coal mine. From 1982 — 1989 he was vice president and general manager for Cominco Ltd.’s northern operations group overseeing three operating mines in the Canadian arctic and sub-arctic. During 1990 to 1995, he served as vice president mine operations of Cominco Metals overseeing the Polaris and Magmont underground operations. During his tenure as vice president of mine operations he was responsible for assembling the project and production team that brought the Snip gold mine into production. From 1995 to 1999 Mr. Johnston was president and general manager of Highland Valley Copper Corporation, North America’s third largest open pit copper mine.
• Director — Ron Netolitsky - M.SC. Geol - Ron Netolitzky holds a bachelor of science degree from the University of Alberta and an MSc degree from the University of Calgary, both in geological sciences. He is an officer and director of a number of public mining companies currently involved in mineral exploration activity in Western Canada and Argentina. He was previously chairman of Viceroy Resource Corporation and has served formerly as its president. He is also the former chair of both Loki Gold corporation and Baja Gold. Ron continued as a director of Quest Capital since its merger through a plan of arrangement with Viceroy Resource. He is currently President and CEO of Viceroy Exploration Ltd.
• Mr. Netolitzky has been directly involved in the mineral exploration industry in Western Canada since 1964. His knowledge of mineral exploration and aggressive business acumen has resulted in exploration success on three Western Canadian gold projects (all of which became producing mines): the Snip and Eskay Creek deposits in British Columbia and the Brewery Creek deposit in Yukon. He was honoured with the Bill Dennis Prospector of the Year Award in 1990 by the Prospectors and Developers Association of Canada. Ron was elected to the Board of Directors at the Eagle Plains’ AGM on May 18, 2004.

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