Eagle Plains and American Eagle Gold Corp Announce Strategic Option Agreement

Eagle Plains Resources Ltd. and American Eagle Gold Corp have announced a new option agreement. The deal grants American Eagle an exclusive right to earn up to 80% interest in key copper-gold projects in British Columbia. These projects include Hearne Hill South, Jinx, and NAK NW, all strategically located near existing deposits and projects.

American Eagle benefits from a cash-rich position and strong partnerships, making them a compelling partner for Eagle Plains. The agreement entails phased payments, share issuances, and exploration investments. A joint venture will form post-option exercise, emphasizing continued collaboration.

This arrangement strengthens Eagle Plains' presence in the Babine District, known for its copper-gold potential. Both companies emphasize respect for local communities and First Nations, ensuring sustainable development.