Airborne Geophysical Survey Completed At The Donna Gold Project

CRANBROOK, BC - Eagle Plains Resources Ltd. has completed a 211 line-km airborne magnetometer and radiometric geophysical survey on its' 100%-owned Donna Gold Project located 60km east of Vernon, B.C. The survey covers an area near recently acquired tenures overlying the historical gold and silver workings of the St. Paul and Morgan Mines. Eagle Plains is planning to carry out a three- to four-hole drill program in Fall, 2020 to test for gold and silver mineralization associated with a prominent gold soil geochemical anomaly, and to complete the first-ever drilling in the area of the historical Morgan mine workings. The recently completed geophysical survey will aid in the definition of drill targets.

The core claims of the Donna property were acquired in 2016 by Eagle Plains through an agreement with ALX Uranium Corp., with additional tenures subsequently added through staking. The Property is located in the Monashee Mountains within the source headwaters of the historic Kettle River and Yeoward Creek placer gold camps. The claims lie within one of the largest clusters of anomalous values in gold and typical associated pathfinder elements identified in the British Columbia Regional Geochemical Surveys stream-sediment program carried out in the joint Federal - Provincial programs from 1985 -1990. Active placer mining activity occurs along creeks draining the property area.

The Property is underlain by a sequence of marine sediments comprising carbonaceous black argillite, limestone, and volcanic rocks of Permian to Lower Triassic age. Locally these rocks were intruded by stocks and plugs of mafic-intermediate composition. The project area is considered to hold good potential to host intrusive-related gold mineralization.