Eagle Plains Obtains Regulatory Approval for Slocan Graphite Option - Seite 3

See Slocan Graphite Project Zoff Airborne Magnetic Image here

"The Slocan Graphite Project is an excellent addition to Aben's portfolio of Projects and will allow the Company to move into the very exciting EV battery metals space that is currently experiencing exponential growth due to the electrification of the Auto Industry." Comments Aben President and CEO Jim Pettit.

Tim Termuende, P.Geo, President and CEO of Eagle Plains commented on the transaction: "we are happy to partner with Aben on this exciting project. The option to Aben is consistent with Eagle Plains' strategy of researching and identifying opportunities in the mineral exploration industry and are happy to have the technical, financial and marketing abilities of Aben's team aligned with our own. Our equity ownership in Aben and production royalty ensure that EPL shareholders will benefit in step with exploration success on the Project, while downside exploration and development risk to our shareholders is eliminated".

Charles C. Downie, P.Geo., a "qualified person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and a Director of Eagle Plains Resources Ltd., has prepared, reviewed, and approved the scientific and technical disclosure in this news release.

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 partnerships 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.