Eagle Plains Provides Update on Saskatchewan Gold and VMS Projects | EGPLF Stock News

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May 08, 2025
  • Eagle Plains Resources (EGPLF, Financial) has provided new updates on their four key properties in Saskatchewan's La Ronge region.
  • Major gold sampling results from the Cook Project include 67.7 g/t Au, with other samples showing 9.01 g/t Au and 10.8 g/t Au.
  • The Elizabeth Lake Project has an estimated historical resource of 4.9 million tonnes at 0.73% Cu, though it is not NI 43-101 compliant.

Eagle Plains Resources (EGPLF) has announced developments for its properties in the La Ronge region, Saskatchewan. These include Campbell Lake, Cook, Elizabeth Lake, and Joey, all 100% owned by the company with no underlying royalties.

The Campbell Lake property, spanning 7,852 hectares, is adjacent to Ramp Metals' Rottenstone SW project, which recently showcased a high-grade discovery of 73.55 g/t Au over 7.5 meters. There has been limited historical work at Campbell Lake, and Eagle Plains has yet to perform any exploration there.

The Cook Project, covering 2,741 hectares, yielded significant 2023 sampling results, featuring grab samples such as 67.7 g/t Au, 9.01 g/t Au, and 10.8 g/t Au. These findings indicate the presence of high-grade vein-hosted gold mineralization, yet to be drill tested.

At the Elizabeth Lake Project, which spans 1,266 hectares, the historical Cu-Ag VMS deposit reported notable drill intercepts, including up to 1.53% Cu and 10.6 g/t Ag. Historical resource estimates suggest 4.9 million tonnes grading 0.73% Cu, though these figures are not compliant with NI 43-101 standards.

The Joey property, encompassing 834 hectares, has historically shown gold intercepts as high as 28.2 g/t Au over 1 meter. Located 86 km northeast of La Ronge, this property features multiple gold occurrences discovered in the mid-1980s.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.