Eagle Plains Clarifies Saskatchewan Property Acquisition
1
Eagle Plains Clarifies Saskatchewan Property Acquisition
Cranbrook, B.C., September 20th, 2017: Eagle Plains Resources Ltd. (TSX-V:EPL) (“EPL” or
“Eagle Plains”) would like to clarify certain infor mation contained in the September 06, 2017 news
release regarding the staking of the Robinson Creek property in east-central Saskatchewan. As
mentioned in the news release Eagle Plains relied u pon technical information derived from public
sources to both target the area of acquisition and to gather information for the technical details out lined
in the news release. After a more detailed review of the information, it is apparent that the location of the
Robinson Creek gold mineralization was mis-plotted in the public database by a distance of
approximately 2.2 kilometers and that some of the historical highlights referred to in the news release are
not within the current Eagle Plains claim boundaries.
The following points as outlined in the September 6th news release:
• Non-43-101 historical resource documented
• Gold mineralization traced over 315m strike-length and to vertical depth of 90m
• Wasy Showing trench results include 2.5m grading 59.1 g/t Au
• Wasp Showing trench results include 0.5m grading 168.3 g/t Au, 0.5m grading 123.17 g/t Au and
0.7m grading 11.6 g/t Au
• Drill intercepts include: 1.46m grading 43.59 g/t A u, 0.46m grading 33.6 g/t Au, 0.73m grading
25.5 g/t Au
are related to mineralization within claims held by Rob Brown and Linda Wessels and are not located
within the boundaries of the current Eagle Plains SAM property.
The following highlights are related to mineralization located within the EPL SAM property:
• SAM Zone VMS mineralization drill intercepts includ e: 2.32m grading 1.86 g/t Au and 5.52%
Cu; 2.16m grading 2.56 g/t Au, 3.26% Cu; 2.9m gradi ng 0.36 g/t Au, 0.99% Cu; 1.6m grading
1.65 g/t Au, 4.48% Cu and 4.85m grading 0.53 g/t Au, 1.0% Cu
• Numerous underexplored gold and VMS occurrences on property
Eagle Plains regrets any confusion or misunderstanding related to this inadvertent mistake.
About the SAM Target
2
The SAM Konuto-type Volcanogenic Massive Sulphide ( “VMS”) mineralization is hosted in a fault
contact along a distinct stratigraphic break betwee n volcaniclastic and siliceous mafic volcanic rocks .
Mineralization consists of pyrite-pyrrhotite and ch alcopyrite as local disseminations and stringers. T he
SAM Zone has been traced to a depth of 200m, over a strike length of 200m and across a width of up to
50m. Gold grades vary with the highest gold grades associated with sections that contain significant z inc
mineralization.
The technical information presented above is repeat ed for historical reference only and cannot be reli ed
upon as the Company’s QP, as defined under NI-43-10 1 has not prepared nor verified the historical
information. All drill intercepts are drill-indicat ed lengths. Insufficient technical information exis ts to
demonstrate the true widths of these intersections. All of the technical information is derived from p ublic
documents available through the Saskatchewan Government Ministry of the Economy.
Future Plans
Eagle Plains intends to carry out a detailed compil ation of all historical work in the property area, and
will work to create a comprehensive database to aid in the planning and execution of future exploratio n
programs on the property.
Eagle Plains is seeking joint-venture participation to further advance the Robinson Creek project.
About Eagle Plains Resources
Based in Cranbrook, B.C., Eagle Plains continues to conduct research, acquire and explore mineral
projects throughout western Canada. The Company is committed to steadily enhancing shareholder value
by advancing our diverse portfolio of projects towa rd discovery through collaborative partnerships and
development of a highly experienced technical team. Managements’ current focus is to preserve its
treasury while advancing its most promising explora tion projects. In addition, Eagle Plains continues to
seek out and secure high-quality, unencumbered proj ects through research, staking and strategic
acquisitions. Since 2012, Eagle Plains has added t o its portfolio a number of new projects exceeding
130,000 ha targeting mainly gold, uranium and base-metals in Saskatchewan, a highly-prospective mining
jurisdiction which was recently recognized by the Fraser Institute as the best place in the world in terms of
Investment Attractiveness. Throughout the explorat ion process, our mission is to help maintain
prosperous communities by exploring for and discove ring resource opportunities while building lasting
relationships through honest and respectful business practices.
Expenditures from 2011-2016 on Eagle Plains-related projects were approximately $16.0M, which was
funded by Eagle Plains and, for the most part, by t hird-party partners. This exploration work resulte d in
approximately 15,000 m of diamond-drilling and exte nsive ground-based exploration work facilitating the
advancement of numerous projects at various stages of development.
Technical aspects of this news release have been reviewed and approved by Charles C. Downie, P.Geo.
On behalf of the Board of Directors
“Tim J. Termuende”
3
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 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.