eagle plains resources ltd (EGPLF) Key Developments
Eagle Plains Resources Ltd Announces the Acquisition and Completion of Thorough Geological Data Compilation of the Eisler Property
Apr 15 15
Eagle Plains Resources Ltd. announced the acquisition and completion of a thorough geological data compilation of the Eisler Property, located 16km south of the producing Seabee mine and 130km northeast of LaRonge, Saskatchewan. The claims consist of 8 mineral tenures comprising 3831 hectares owned 100% by Eagle Plains, with no underlying royalties or encumbrances. Eisler Property Highlights: Property hosts shear zone with width ranging from 3.9 to 18.7 m over 2.5km strike length. Geological setting and mineralization similar to that at nearby Seabee Mine. Historic diamond drilling returned up to 4.0 g/t Au over 4.5m at DD occurrence. Trenching across DD occurrence returned between 1.02 to 7.36 g/t Au. Numerous geophysical and geochemical targets untested. Property Geology and Mineralization. The Eisler Property is underlain by rocks of the Glennie Domain which are located in the hanging wall block of the north-south trending Tabbernor Lake fault system – a major crustal shear system transecting the Trans Hudson orogeny, which has been traced over 1500 km from the Wollaston Lake area of northern Saskatchewan to North Dakota. Splays of the Tabbernor Lake fault system in the Laonil Lake region contain mineralized veins similar to ore-hosting structures at the Seabee mine. The Seabee mine of Claude Resources Inc. has been in operation since 1991 producing a total of 1 million ounces as of August, 2012 at an average grade of 0.23 oz/ton Au (7.89 g/t). Management cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Eisler property. Exploration to date by past operators has focused on the DD occurrence, which consists of intrusive rocks equivalent to those which host Seabee ore-bearing structures. Chip sampling in 1986 across the main DD-showing shear systems returned 6 strongly anomalous samples with assays between 1.02 to 7.36 g/t Au. A follow-up 21 hole diamond drill program completed in 1987 intercepted numerous shear hosted quartz veins with anomalous gold values. Geophysical surveys traced the shear along strike for over 2.5 km, while diamond drilling over 1.5 km of strike-length defined the shear width ranging from 3.9 to 18.7 m true width. Anomalous assays from 9 holes testing this shear system ranged between 0.96 g/t to 9.86 g/t Au. One of the best intercepts in hole 87-15 returned 4.0 g/t Au over 4.5m.
Eagle Plains Resources Ltd. Appoints MacKay LLP as Auditor
Oct 6 14
Eagle Plains Resources Ltd. announced that at the company's annual and special general meeting held on October 2nd, 2014, the company approved to appoint MacKay LLP as auditors for the ensuing year.
Eagle Plains Resources Ltd. Appoints MacKay LLP as Auditors
Oct 3 14
Eagle Plains Resources Ltd. held annual and special general meeting on October 2, 2014. At the meeting the shareholders appointed MacKay LLP as auditors of the company for the ensuing year.
Eagle Plains Resources Commences Exploration on Rohan Project, North Western British Columbia
Sep 29 14
Rosedale Resources Ltd. has announced that Eagle Plains Resources that field crews have been mobilized to commence fieldwork on EPL's 100%-owned Rohan property, located in northwestern British Columbia 80km NW of Atlin. The property is well-situated along the White Pass rail line, 60 kilometres north of the port of Skagway, Alaska, with barge access to the property from Carcross, Yukon. Rosedale holds the exclusive right to earn a 60% interest in the property. The property was acquired by Eagle Plains in 2010 and covers a 6km span of the prospective Llewellyn/Tally-Ho shear zone, part of a larger 150 km-long crustal-scale fault system, host to numerous gold, silver and base-metal properties. The land package overlies several regional stream-silt (RGS) anomalies that includes better than 95th percentile values for gold, copper, antimony, arsenic and lead. The under-explored property area is considered to have excellent potential for precious-metal discoveries. In 2011, Rosedale/Eagle Plains completed a 200 line-km airborne geophysical survey, followed in 2013 by helicopter-supported silt/soil sampling and prospecting. This work resulted in the discovery of an area of extremely anomalous soil values, with precious-metal values returning up to 2.96 g/t gold and 18.4 g/t silver, with associated elevated values for arsenic, antimony, lead, zinc and iron. The 2014 work program is designed to follow up on results from the successful 2013 program and will focus on mapping, prospecting, hand-trenching and sampling of the 2013 discovery area. Fieldwork is being completed by TerraLogic Exploration Inc. of Cranbrook, BC under the supervision of Mike McCuaig, P.Geo.
Eagle Plains Announces Commencement of Exploration Activity at Truscott
Aug 26 14
Eagle Plains Resources Ltd. has announced the commencement of exploration activity on the company's 100%-owned North Truscott and South Truscott properties, located 125km northeast of La Ronge, Saskatchewan. Acquired by staking for their gold potential, the discovery in 2012 of kimberlite-hosted diamonds at North Arrow Minerals' nearby Pikoo property also highlights the areas' diamond potential. 2014 exploration work is designed to test both gold and diamond-related target areas. The North Truscott property is approximately 22 km x 8 km in area and is contiguous with Claude Resources' Seabee gold mine. The Seabee deposit is located 10 km south and has produced over 1 million ounces of gold with a reported head grade in 2011 of 5.68g/t. Historical grab samples of shear-hosted quartz veins within the Truscott claims returned up to 6.9 g/t) Au and 0.68% Cu (SMDI 2255), with numerous on-strike and parallel fault systems (possibly related to the Seabee deposit), in addition to coincident As and Hg lake-sediment geochemical anomalies. The South Truscott property is underlain by a similar geological setting to the North Truscott property, and is located 18 kilometers southeast of Claude Resources' Santoy deposit. Gold and copper mineralization in sheared metavolcanics and granodiorite is reported from four known showings on the property. Fieldwork completed by Eagle Plains in 2013 resulted in the discovery of gold mineralization which graded up to 9.19 g/t Au. Management cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the North and South Truscott properties. The 2014 work will follow-up on a recently completed data compilation and 2013 field results. Soil geochemical surveys at 25- 50m spacing will be completed at North and South Truscott properties, with focused prospecting and structural mapping near the 2013 gold discovery zone at the South Truscott. Lake-sediment and till samples will be collected in an effort to better establish the diamond potential of the property area.