Eagle Plains Grants Incentive Options to Directors, Employees, Contractors

Cranbrook BC, 10 December, 2010: Eagle Plains Resources Ltd. (EPL:TSX-V) has granted incentive stock options to directors and employees of the company for the purchase of a total of 1,890,000 shares at the exercise price of $1.00 per share, expiring December 10th, 2015.

On behalf of the Board of Directors

Signed

“Tim J. Termuende”

President and CEO

For further information, please contact Mike Labach at 1 866 HUNT ORE (486 8673)

Email: [email protected] or visit our website at http://www.eagleplains.com

Cautionary Note Regarding Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.