Eagle Plains Resources Ltd V.EPL

Alternate Symbol(s): EGPLF

Metals & Mining Industrial Metals & Minerals

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

Eagle Plains Resources Ltd > Good news

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Comment by Grassyknollon Jan 05, 2023 11:41am

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Post# 35204875

RE:Good news

You are so right, NineLives!

The royalty for Eagle Plains on Banyan's AurMac/McQuesten project totals about 20,000 ounces currently but will increase with more drilling and discoveries. At today’s price of gold that would represent a $47,000,000 windfall to Eagle Plains shareholders. That alone represents over 40 cents per share right now.

Add in EPL's Vulcan Sullivan mineralization which will be on display at AME's Roundup in January and the PDAC in March and you have a stock trading at triple digits by the end of Q1 IMHO. Back up the truck!

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