Eagle Plains Appoints Bates Exploration Manager, Issues Incentive Options
Eagle Plains Appoints Bates Exploration Manager, Issues Incentive Options
Cranbrook, B.C., January 14th, 2022: Eagle Plains Resources (TSX-V:EPL) is pleased to announce
the appointment of Kerry Bates, P.Geo to the position of Exploration Manager, reporting directly to the VP
Exploration. Mr. Bates graduated with a B.Sc. in Earth Sciences from Dalhousie University in 2011,
followed by an M.Sc. in Geology from the University of Manitoba in 2016. Mr. Bates joins Eagle Plains
from Terralogic Exploration Services, where he worked as a Senior Project Geologist. As well as extensive
supervisory experience, Mr. Bates brings a wide range of skills ranging from target generation through to
prospecting, mapping and surface geochemical surveys to operating within large -scale open pit mines .
Other duties included pit mapping, core logging and on-site management of multi-drill helicopter-supported
exploration programs. He h as extensive experience with base and precious metal deposits as well as
industrial minerals.
Incentive Options Granted
Eagle Plains has granted incentive stock options to directors, employees and key consultants of the
Company for the purchase of a tota l of 4,100,000 shares at an exercise price of $. 20 per share, expiring
January 14th 2027, pursuant to the Company’s current option plan (subject to shareholder and regulatory
approvals).
About Eagle Plains Resources
Based in Cranbrook, B.C., Eagle Plains is a well-funded, prolific project generator that continues to conduct
research, acquire and explore mineral projects throughout western Canada. The Company was formed in
1992 and is the ninth-oldest listed issuer on the TSX-V (and one of only three that has not seen a roll-back
or restructuring of its shares). Eagle Plains has continued to deliver shareholder value over the years and
through numerous spin -outs, has transferred approximately $ 95,000,000 in value directly to its
shareholders, with Copper Canyon Resources and Taiga Gold being notable examples.
The Company is committed to steadily enhancing shareholder value by advancing our diverse portfolio of
projects toward discovery through collaborative partnership s and development of a highly experienced
technical team. Eagle Plains also holds significant royalty interests in western Canadian projects, covering
a broad spectrum of commodities. Management’s focus is to advance its most promising exploration
projects. Throughout the exploration process, our mission is to help maintain prosperous communities by
exploring for and discovering resource opportunities while building lasting relationships through honest
and respectful business practices.
Expenditures from 2011-2021 on Eagle Plains -related projects exceed $2 7M, the majority of which was
funded by third -party partners. This exploration work resulted in approximately 42,000m of diamond -
drilling and extensive ground-based exploration work facilitating the advancement of numerous projects at
various stages of development.
On behalf of the Board of Directors
“Tim J. Termuende”
President and CEO
For further information on EPL, 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 Ven ture 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.