on Eagle Plains Resources Ltd. (CVE:EPL)
Eagle Plains and Earthwise Begin Fieldwork at Iron Range Gold Project
Eagle Plains Resources Ltd., in partnership with Earthwise Minerals Corp., has initiated the 2025 fieldwork at the Iron Range Project in British Columbia. Earthwise has the option to acquire up to an 80% interest in this 21,437-hectare property, known for its potential in gold, silver, iron-oxide copper-gold, and lead-zinc-silver mineralization. The project is fully owned by Eagle Plains, with a 1% Net Smelter Royalty held by a third party.
The 2025 exploration comprises two phases. Initial focus is on the Pyromorphite Zone, revisiting historical samples reporting high gold and silver values. The project aims to relocate original sample sites and conduct new geochemical surveys and geological mapping. Previous drilling in this area has shown promising results, including discoveries in the Talon Zone.
The Option Agreement requires Earthwise to make payments, issue shares, and fund exploration expenditures to achieve their interest, leading to a potential joint venture with Eagle Plains.
R. H.
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