Eagle Plains Resources Ltd Reports High‑Grade Mineralization at Theory Project
Eagle Plains Resources Ltd. (TSXV: EPL, OTCQB: EGPLF) announced that its partner, Sun Summit Minerals Corp., has released final analytical and petrographic results from the 2025 field program at the Theory copper‑gold project in the Toodoggone Mining District of north‑central British Columbia.
Project Overview
- Ownership – The Theory Project is wholly owned by Eagle Plains.
- Area – 122 ha of the property is subject to a 0.5 % Net Smelter Royalty held by a third party.
- Location – The project lies adjacent to Thesis Gold’s Ranch Project to the north and within 10 km of Sun Summit’s JD Project.
- Option Agreement – Sun Summit holds an exclusive option that may allow it to acquire up to a 100 % interest in the property.
2025 Field Program Highlights
The field work produced a series of rock‑sample results that indicate high‑grade copper, gold, and silver mineralization:
| Sample | Zone | Cu % | Au g/t | Ag g/t |
|---|---|---|---|---|
| LSTHR040 | Saboteur | 4.78 | 0.635 | 49 |
| BLTHR051 | Fred‑DM‑DMR | 6.42 | 0.088 | 99 |
| JBTHR008 | Fred‑DM‑DMR | 0.65 | 12.6 | 3,150 |
| BLTHR029 | BEV | 1.44 | 0.043 | 12.8 |
Key observations include:
- A 3 km long trend of copper mineralization in the Saboteur Zone, associated with a magnetic high‑transition zone and a potent radiometric potassic alteration anomaly.
- A 1.6 km × 3 km area in the Fred‑DM‑DMR Zone featuring barite‑veined copper mineralization.
- Multiple samples returned copper concentrations above 1 %, with the highest copper grade at 6.42 % in sample BLTHR051.
Significance for Eagle Plains
These results reinforce the Theory Project’s potential as a high‑grade copper‑gold‑silver resource. The discovery of such concentrations is notable for a junior exploration company focused on Western Canada. With a market capitalization of CAD 20.74 million and a 52‑week high matching the current close of CAD 0.19, Eagle Plains’ share price reflects the company’s early‑stage exploration status and the potential upside from further development.
Company Context
Eagle Plains Resources Ltd. is a junior exploration firm headquartered in Calgary, Canada. Its portfolio targets gold, silver, uranium, and base metal deposits across Western Canada. The company trades on the TSX Venture Exchange and reports a price‑earnings ratio of 38.3.
For additional information, stakeholders are directed to the company’s website at www.eagleplains.bc.ca and its official press releases.
