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Eagle Plains Announces Agreement for Saunders and Nub Properties, Increases BC Royalty Portfolio, Toodoggone District, BC
CRANBROOK, BC / ACCESS Newswire / August 13, 2025 /Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") is pleased to announce it has entered into a property sale agreement, dated August 11, 2025, with Hi-View Resources Inc, ...
About this update from Centerra Gold Inc.
[{"type":"text","content":"CRANBROOK, BC / ACCESS Newswire / August 13, 2025 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") is pleased to announce it has entered into a property sale agreement, dated August 11, 2025, with Hi-View Resources Inc, (CSE:HVW)(OTC:HVWRF) ("Hi-View") whereby Hi-View will purchase a 100% interest in the Saunders and Nub projects. The aggregate purchase price is CAN$70,000 cash, 350,000 shares of Hi-View and a 3% Net Smelter Royalty in favour of Eagle Plains.","length":524,"tagName":"p"},{"type":"text","content":"The two projects are located approximately 300km northeast of Smithers, BC and 30km north of the Kemess Cu-Au mine, operated by Centerra Gold. They are located within the prolific Stikine Terrane proximal to many past producing mines, deposits, and prospects including the Lawyers deposit (BC MinFile 094E066), the Baker deposit (BC MinFile 094E026) and the Saunders prospect (BC MinFile 094E017) that represent low sulphidation epithermal-type mineralization.","length":460,"tagName":"p"},{"type":"text","content":"About the Saunders","length":18,"tagName":"p"},{"type":"text","content":"The 209.6ha Saunders property consists of two discontiguous claim groups, that overlie three MinFile occurrences: Saunders Northwest (BC MinFile 094E156), Saunders North (BC MinFile 094E155) and Saunders South (BC MinFile 094E154). Mineralization, hosted in quartz veins and stringers, is associated with silicification and argillic alteration of the surrounding country rock. Historical samples at Saunders North occurrence report up to 1.42 g/t Au and 11.7 g/t Ag. (BCAF 14487). The Saunders Project is considered highly prospective for both epithermal-type Au-Ag and porphyry Cu-Au mineralization.","length":600,"tagName":"p"},{"type":"text","content":"About the Nub","length":13,"tagName":"p"},{"type":"text","content":"The 873.9 ha Nub project is surrounded by the JOY project operated by Amarc Resources. The JOY project is interpreted to be the northern extension of the Kemess porphyry Cu-Au district and hosts significant porphyry-type mineralization including the Pine (BC MinFile 094E016) and MEX (094E057) deposits and the recently discovered AuRORA deposit. While epithermal-type targets are noted within the JOY project, exploration has been focussed on discovery and definition of porph...