Eagle Plains Commences Exploration Activity at Acacia

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Eagle Plains Commences Exploration Activity at Acacia

Cranbrook, B.C., July 24 th , 2017: Eagle Plains Resources Ltd. (EPL:TSX-V) has mobilised field

crews to commence 2017 exploration activity on EPL’ s 4715 ha Acacia property, located 45 km north of

Kamloops in central British Columbia. The core prop erty area has been held by Eagle Plains since 2001

and carries no underlying royalties or encumbrances.

The Acacia property is considered to have excellent potential for hosting volcanogenic massive sulphid e

(“VMS”) deposits. These deposits typically contain both base and precious metals, and occur in cluster s

and/or stacked lenses. The property covers a strati graphic assemblage which hosts a number of nearby,

on-strike base and precious-metal deposits includin g the Rea Gold, K7, Twin 3 and past-producing

Samatosum Mine, located approximately 4km northwest of current property boundaries. Past drilling

within target stratigraphy northwest of current pro perty boundaries returned values from trace quantit ies

up to 10.6 g/t Au, 335.3 g/t Ag , 3.13 % Zn, 2.74% Pb, and 0.55% Cu over 2.37m. Management cautions

that past results or discoveries on proximate land are not necessarily indicative of the results that may

be achieved on the Acacia property.

Extensive work in the area was completed following the discovery of the Samatosum and Rea deposits

in the mid-1980s. Geological mapping, geophysical s urveys, thousands of soil samples and over 125

drill-holes were completed in target stratigraphy w ithin 4km of current Acacia claim boundaries but

exploration in the area and elsewhere virtually cea sed during the mining downturn in British Columbia

following the Windy Craggy decision in 1993. Previo us fractured ownership and the cessation of work

in the 90’s resulted in large gaps in drilling of h igh-potential stratigraphy within current Acacia pr operty

boundaries.

See Acacia location and summary compilation map

2017 fieldwork follows a comprehensive compilation by Eagle Plains of data collected historically on

the property by past operators which include 12,037 soil, 1131 rock and 51 silt samples, 56 trenches, 26

drill-holes and numerous geological and geophysical surveys from past operators Homestake Minerals,

Omni Resources, Falconbridge Copper and Esso Minerals.

Current fieldwork will consist of geologic mapping and a soil geochemical survey designed to infill gaps

in existing coverage. Work will be carried out by T erraLogic Exploration Ltd. of Cranbrook B.C. under

the supervision of Mike McCuaig, P.Geo.

About Eagle Plains Resources

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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 to 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 exploration process, our mission is to help maintain prosperous

communities by exploring for and discovering resour ce opportunities while building lasting relationshi ps

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 resulted 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 Mike McCuaig, P.Geo.

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 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.