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Eagle Plains Resources Ltd V.EPL

Alternate Symbol(s):  EGPLF

Eagle Plains Resources Ltd. is a Canadian based mineral exploration company operating in Western Canada exploring for gold, critical-metals, uranium, lithium, rare earth elements and industrial minerals. Its business is engaged in acquiring grassroots critical-and precious-metal exploration properties. Its projects include Acacia Project, Iron Range Project, Kalum Project, Vulcan Project, Cathro Project, Knife Lake Project, Olson Project, Schotts Lake, Dictator Project, and Elizabeth Lake Project, among others. The Acacia Project is located 60 kilometers (km) NE of Kamloops, British Columbia (BC) and cover approximately 4857 hectares (ha). The Iron Range Property is located one km NE of Creston in SE B.C and covers 70,473 ha. The Kalum Property is located 35 km NW of Terrace, BC. The Vulcan Property is located 30 km NW of the historic Sullivan Mine at Kimberley, British Columbia. The Elizabeth Lake Project cover an area of 1266 ha and are located 21 km north of La Ronge, Saskatchewan.


TSXV:EPL - Post by User

Comment by stubbyfellow202on Jul 23, 2023 8:38am
89 Views
Post# 35553282

RE:RE:RE:RE:RE:RE:RE:New Press Release - Eagle Plains Provides Update on Expanded Vulcan Drill Program, Announces Flow-through Financing

RE:RE:RE:RE:RE:RE:RE:New Press Release - Eagle Plains Provides Update on Expanded Vulcan Drill Program, Announces Flow-through FinancingI don't post often but after having a lengthy conversation with company I thought I would add a comment or two. Tim runs a very professional company and they had a budget for Vulcan. As per the news releases results to date are very encouraging but not economical yet. It is very expensive to bring drill back and setup again. So to get another kick at the cat without reducing cash on hand they did the flow through. There is obviously concern in the markets so if we do get a bigger downturn we still have cash which is king. Having this cash on hand we will be able to pick up other opportunities and keep the team together. I'm just glad we are getting a couple more holes poked this year. I've been in this stock before copper canyon so it's been awhile. The only reason I've been in this long is I know Tim and team are very honest  and not promotional which I'll take any day over seat of the pants juniors. Plus they've already put 2 big deals together. Hope we get 3 with ER and 4 with Vulcan. If they hit Vulcan start planning early retirement lol
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