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Eagle Plains and Partners Launch Aggressive Exploration Season with Wildhorse Drill Program

Eagle Plains and Partners Launch Aggressive Exploration Season with Wildhorse Drill Program

articleGunnison Copper Corp.June 2, 20104/company/gunnison-copper-corp/news/eagle-plains-and-partners-launch-aggressive-exploration-season-with-wildhorse-drill-program
Eagle Plains and Partners Launch Aggressive Exploration Season with Wildhorse Drill Program

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[{"type":"text","content":"\nEagle Plains and Partners Launch Aggressive Exploration Season with Wildhorse Drill Program\n\n\n Jun. 2, 2010 (Filing Services Canada) -- Eagle Plains Resources Ltd. (EPL - TSX Venture, EGPLF - OTCBB_Pink_Sheets), has mobilized field crews to embark on aggressive mineral exploration programs in British Columbia, Yukon and Saskatchewan.  Exploration programs will be carried out on projects in various stages of development. Over $2.2M in exploration expenditures are budgeted for the year, with fourteen individual projects scheduled for work. At least three projects are expected to see diamond drilling, with approximately 1600m - 2100m (5250' - 6890') in total footage planned to date. Approximately 1/2 of the total expenditures will be incurred by third parties under various option agreements currently in place. Fieldwork will be carried out by TerraLogic Exploration Services Ltd (formerly Bootleg Exploration) of Cranbrook, a wholly-owned subsidiary of Eagle Plains.  http://www.TerraLogicExploration.com   A pdf summary of program scheduling is available athttp://www.eagleplains.com/summary/schedule/documents/EPL2010FieldSeasontimeline.pdf British Columbia ProjectsWildhorse (Au, Cu)A 500-700m, 6-hole diamond drilling program is now underway at the Wildhorse (Cu, Au) Project located 40km north of Cranbrook, in south-eastern B.C. This $200,000 program is being funded by option partner Excelsior Mining Corp (TSX-V:MIN) subject to option terms as announced in a news release dated Mar 11/2010.Iron Range (Au, Ag, Pb, Zn)A $200,000, 2-3 hole program is planned to test prominent geophysical conductors apparently associated with the Iron Range Fault system. Work will be funded by Providence Capital Corp. (TSX-V:PV), subject to an option agreement as announced on May 18th, 2010.Results from previous exploration work including drilling, geological mapping, geochemical surveys and a 690 line-km airborne geophysical survey have been used to define a potential SEDEX target that is the focus of this years exploration program.  Elsiar (Au, Cu, Mo)A $200,000 geological and soil geochemical program is being funded by option partner Parkside Resources Ltd. (a private BC company), subject to an option agreement as announced on April 15th, 2010.Kalum (Au)A $200,000 diamond drilling program is being funded by op...

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