VanEck Vectors Global Alternative Energy ETF

Published : November 24th, 2014

Eagle Plains Announces Stornoway Participation in Orchid Property Agreement

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Copper | Diamond | Gold | Lead | Recovery | Zinc |

Eagle Plains Announces Stornoway Participation in Orchid Property Agreement


Eagle Plains Announces Stornoway Participation in
Orchid Property Agreement

Cranbrook, B.C., 24 November, 2014: Eagle Plains Resources Ltd. (EPL:TSX-V) is pleased to announce that Stornoway Diamonds Corp (T.SWY) has exercised its right to participate in the Orchid option agreement between Eagle Plains and North Arrow Minerals Inc. (NAR:TSV-V). North Arrow and Stornoway will finance exploration according to their respective earn in terms under a pre-existing joint-venture agreement. As announced on September 25, 2014, North Arrow and Stornoway can earn a 70-per-cent undivided interest in the Diamond rights on Eagle Plains' 100-per-cent-owned Orchid property (the "Property"), located in east-central Saskatchewan, approximately 140 km east of LaRonge and 15 km east of North Arrow's Pikoo Diamond discovery. See map here: http://www.eagleplains.com/projects/sask/images/Orchid_North_Arrow_NR_Map.pdf by funding exploration and evaluation of the Property to a discovery within a three year period. Eagle Plains will maintain a 100% interest in any non-diamondiferous materials on the property, and will continue to hold 100% interest in the titles themselves.

2014 work carried out by North Arrow included the collection of three till samples on the Orchid property and an additional 7 till samples on properties immediately adjacent to the Orchid. The samples are being processed at Microlithics Laboratories Inc. of Thunder Bay, Ontario for kimberlite mineral indicators. Management cautions mineralization present on proximal properties is not necessarily indicative of mineralization on the Orchid Property.

The Orchid property was acquired by Eagle Plains through the Saskatchewan MARS on-line tenure system after it was identified as covering a series of significant gold occurrences related to the regional scale Tabbernor fault complex. The Orchid claims include seven documented SMDI gold and base-metal mineral occurrences associated with highly deformed and metamorphosed mafic volcanics and tonalitic intrusions within the 200 to 1500 m wide Tabbernor Strain Zone. The gold mineralization is found in pyritic quartz veins and is typically associated with copper, lead and zinc.

The Orchid has seen extensive historical work including geological mapping, prospecting, soil sampling, trenching and ground-based geophysics with the last significant work programs reported in 1995. The Property has seen only a single drill hole which was completed in the Tim's Au Zone area and returned 1.3 g/t Au over two separate 0.5 meter intervals. Results from historical work on the Orchid mineral occurrences include:

SMDI 2646 Orchid Zone

SAMPLE # Au in g/t Description
34075 10.03 Orchid grab sample pyritic quartz veins with tourmaline
34080 41.35 Orchid grab sample pyritic quartz veins with tourmaline
34914 36.0 Grab sample 230 m northwest of Orchid

SMDI 2645 Tim's Au / South Lariviere

SAMPLE # Au in g/t Description
34012 19.2 Tim's Showing grab sample pyritic quartz veins with tourmaline
35942 0.9 Grab sample 320 m southwest of Tim's showing

Many of the other gold occurrences on the Property returned values in excess of 1 g/t Au in both rock and soil samples, with historical records indicating the presence of visible gold in some of the panned soil samples. Management cautions it has neither verified nor confirmed these results, which are considered to be historical in nature. All of the historical information referenced in this News Release was researched using the Saskatchewan Geological Atlas and management has no reason to believe that the information is not accurate.

The Orchid project is one of 24 recently acquired by Eagle Plains through the Saskatchewan MARS on-line tenure acquisition system. See map here:
http://www.eagleplains.com/projects/sask/images/Diamond_Map_Truscott_for_nr_14.10.23.pdf

About Eagle Plains Resources

Based in Cranbrook, B.C., Eagle Plains continues to conduct research, acquire and explore mineral projects throughout western Canada. Since 1992, EPL has been acquiring and developing early-stage projects utilizing an in-house team of geologists, technicians and specialists. Considered a prolific project generator with over 50 properties, EPL invites joint-venture participation to expedite development, reduce risk and enhance exposure to discovery.

Expenditures from 2011-2013 on Eagle Plains-related projects were approximately $15M, which was funded by Eagle Plains and for the most part, by third-party partners. This exploration work resulted in approximately 15,000m of Diamond-drilling and extensive ground-based exploration work facilitating the advancement of more than 23 projects at various stages of development.

Technical aspects of this news release have been reviewed and approved by C.C. (Chuck) Downie, P.Geo.

On behalf of the Board of Directors

"Tim J. Termuende"
President and CEO

For further information on EPL, please contact Mike Labach at
1 866 HUNT ORE (486 8673)
Email: [email protected] or visit our website at http://www.eagleplains.com

Cautionary Note Regarding Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.




Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

VanEck Vectors Global Alternative Energy ETF

PRODUCER
CODE : EPL.V
ISIN : CA2699062022
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Eagle Plains Res. is a gold and uranium exploration company based in Canada.

Eagle Plains Res. holds various exploration projects in Canada.

Its main asset in production is YELLOWJACKET in Canada and its main exploration properties are BRONCO, BLACK DIAMOND, HOT PUNCH, IRON RANGE, AB, KARIN LAKE, KULYK LAKE, WILDHORSE, IRONMIKE, PELLY MOUNTAIN, PROSPERITY, MACKENZIE VALLEY ZINC, FINEX, ZNK, TITAN, DRAGON LAKE, EAGLE LAKE, ELSIAR (LCR), ICE RIVER, ACACIA, BOOTLEG, COYOTE CREEK, HALL LAKE (CRETIN), KOKANEE CREEK, NORTH FINDLAY, SOUTH FINDLAY, FINLAY GREENLAND CREEK, KALUM, RUSTY SPRINGS, GAYNA RIVER, BOHAN and K9 in Canada.

Eagle Plains Res. is listed in Canada and in United States of America. Its market capitalisation is 4.3 millions as of today (US$ 3.1 millions, € 2.9 millions).

Its stock quote reached its highest recent level on June 02, 2006 at 1.95, and its lowest recent point on January 08, 2016 at 0.05.

Eagle Plains Res. has 47 442 200 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of VanEck Vectors Global Alternative Energy ETF
2007 Annual Report
Project news of VanEck Vectors Global Alternative Energy ETF
7/11/2011(Dragon Lake)/Olympic Commence Drilling Program at Dragon Lake Gold Proje...
5/23/2011(Iron Range)(angl) Conduct Geophysical and Geochemical Surveys on th
3/29/2011(Iron Range)Providence Resources/Eagle Plains Provide Analytical Results...
3/15/2011(Finlay Greenland Creek)and MMG Announce Letter of Intent on the Findlay Property
2/15/2011(Iron Range)/Providence Add Second Drill Rig to Iron Range Project and P...
2/1/2011(Ab)Enters into Agreement with Aben Resources on Two Yukon Prope...
2/1/2011(Hit)Enters into Agreement with Aben Resources on Two Yukon Prope...
2/1/2011(Sprogge)Enters into Agreement with Aben Resources on Two Yukon Prope...
8/19/2010(Yellowjacket)Completes 100% Acquisition of Yellowjacket Gold Project
8/12/2010(Kalum)/Windstorm Commence Drilling on Kalum High Grade Gold Projec...
7/12/2010(Karin Lake)/Slater Mining Execute Option Agreement on Karin Lake REE/Ur...
6/2/2010(Wildhorse)& Partners Launch Aggressive Exploration Season with Wildhor...
5/18/2010(Iron Range)/Providence Capital Execute Option Agreement on Iron Range P...
5/3/2010(Coyote Creek)/Heemskirk Advance
4/15/2010(Elsiar (lcr))Parkside Execute Option Agreement on Elsiar Copper-Gold Porp...
3/11/2010(Wildhorse)Excelsior Execute Option Agreement on Wildhorse Gold/Copper ...
2/16/2010Copper Canyon Stakes High-Grade Gold Property - Tintina Gold...
1/13/2010(Eagle Lake)Results of Eagle Lake Uranium Project
11/17/2009(Ice River)/Waterloo Complete 2009 Fieldwork on Ice River Rare-Earth-El...
11/6/2009(Sphinx)Complete Geophysical Survey, Commence Drill Program at Sphin...
11/4/2009/Windstorm Complete Fieldwork on Kalum Gold Property, New Hi...
10/7/2009(Yellowjacket)Prize Mining Pour Gold at Yellowjacket Project, Atlin, BC
9/16/2009(Eagle Lake)Commences Fieldwork on Eagle Lake Uranium Project
8/27/2009(Yellowjacket)Yellowjacket Mine Achieves Full Commercial Production, New G...
8/26/2009(Kalum)Commence Fieldwork on Kalum Gold Property
8/19/2009(Ice River)Waterloo Commence Fieldwork at Ice River Rare Earth (REE) Pr...
7/15/2009(Yellowjacket)Prize Mining Receive Small Mines Permit for Yellowjacket Gol...
6/4/2009(Yellowjacket)Yellowjacket Completes Mill Modifications, Commences Bulk-Sa...
6/2/2009(Iron Range)Commences 2009 Follow-up on Iron Range Gold Discovery
5/13/2009(Yellowjacket)Yellowjacket Gold Project Commences Operations, Atlin, BC
2/28/2009(Yellowjacket)/Prize Mining Execute Letter of Intent to Form Joint-Venture...
1/22/2009(Blende)/Blind Creek Release Results from 2008 Drilling Program at B...
12/15/2008Diamond Drilling Results Released from Kalum Gold Project
9/9/2008(Bohan)Diamond Drilling Commences on Eagle Plains' Bohan Project
8/1/2008(Blende)Commence Drilling Program at Blende Silver/Base-Metal Deposi...
6/27/2008(Eagle Lake)Announces Craig Bay Drill Results
2/15/2008(Blende) Results from Drilling Program at Blende Silver/Base-Metal D...
11/16/2007(Sphinx Claims (crawford Bay)) Reports Results from 2007 Drilling Program on Sphinx Molyb...
10/3/2007(Titan Claims)/XO Gold Complete Option Agreement for Titan Property, Explo...
8/23/2007(North Findlay)Commences Diamond Drilling Program On Findlay Base-Metal Pro...
7/19/2007Commences Diamond Drilling Program In Bronco Discovery Area
12/31/2005(Mcquesten)2005 Technical report
Corporate news of VanEck Vectors Global Alternative Energy ETF
6/29/2016Eagle Plains Completes Geological Compilation at Fisher Gold...
6/20/2016Eagle Plains Commences Fieldwork at Iron Range
6/15/2016Eagle Plains Clarifies Fisher Project Land Holdings News Rel...
6/14/2016Eagle Plains Increases Fisher Project Land Holdings- Seabee/...
5/31/2016Eagle Plains Commences Fieldwork at Vulcan
4/12/2016Eagle Plains Completes Land Consolidation in Seabee Gold Min...
4/8/2015Wildhorse
12/10/2014Santa Fe/Eagle Plains Complete Heavy Mineral Concentrate Sam...
11/24/2014Eagle Plains Announces Stornoway Participation in Orchid Pro...
10/29/2014Eagle Plains Receives Cash, Share Payments and Additional Re...
3/7/2011NovaGold and Copper Canyon Agree to Plan of Arrangement Tran...
6/10/2010Offer to Purchase
6/1/2010Updated Resource Calculation
5/27/2010RB Milestone Group Invites Eagle Plains Resources Ltd. onto ...
3/5/2010Results from Drill Program
3/2/2010Copper Canyon Announces Financing
2/12/2010/Touchdown Capital Release Analytical Results from Drill Pro...
1/18/2010/99 Capital Release Results of Baska-Eldorado REE/Uranium Pr...
12/23/2009Closes $855,600 Financing
11/25/2009Financing
11/12/2009Copper Canyon/Bling Terminate Abo Letter of Intent
9/21/2009Visit Eagle Plains Resources at the 2009 Silver Summit Confe...
8/19/2009Closes $1,881,500 Financing
8/13/2009Increases Financing
7/22/2009Announces Financing
12/18/2008Copper Canyon and Egoli Gold Amend Abo Option Agreement
9/26/2008/Waterloo Execute Option Agreement for Ice River Rare Earth ...
6/19/2008Commences Summer Field Programs
5/7/2008 Amends Terms of Strategic Alliance
4/30/20082008 SaskRocks Conference
12/3/2007 Re-prices Recent Financing
6/20/2007Commences Systematic Exploration Program In Bronco Discovery...
5/28/2007CGC Inc to Commence Drilling on Eagle Plains' Coyote Creek P...
5/9/2007Acquires Yukon Zinc Projects
4/24/2007Commences 2007 Drilling Program on Sphinx Molybdenum Project
4/10/2007/Wellstar Execute Option Agreement on Kulyk Lake Uranium Pro...
3/16/2007Receives Recent Media Coverage
2/6/2007Signs Letter of Intent with Wellstar Energy on Saskatchewan ...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (EPL.V)Other OTC (EGPLF)
0.090+5.88%0.060+0.00%
TSX-V
CA$ 0.090
11/14 09:30 -
5.88%
Prev close Open
0.085 0.090
Low High
0.090 0.090
Year l/h YTD var.
0.085 -  0.135 -30.77%
52 week l/h 52 week var.
0.085 -  0.135 -30.77%
Volume 1 month var.
29,500 -5.26%
24hGold TrendPower© : -17
Produces Gold
Develops
Explores for Copper - Gallium - Gold - Iron - Iron ore - Lead - Molybdenum - Nickel - Platinum - Silver - Uranium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-30.77%0.140.09
2023-31.58%0.360.10
202211.76%0.250.15
202117.24%0.190.14
202045.00%0.180.07
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 6.74+0.82%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.41+4.08%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.61+3.40%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-8.33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
 2.10+0.96%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 13.44+3.46%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
 0.30+7.14%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
 0.20-2.50%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 2.25+3.69%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 39.38+0.69%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.11+4.76%Trend Power :
Sun Res.(Oil)SUR.AX
Released ASX Announcement: Quarterly Activities Report
AU$ 0.00+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.