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Ellis Martin Report – “Eagle Plains Resources-Partner SKRR Intersects Significant Gold Mineralization” (Audio)

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In this segment of The Ellis Martin Report we speak with Tim Termuende, the President and CEO of Eagle Plains Resources (TSX-V:EPL) (OTC:EGPLF). The company and partner SKRR Exploration have received analytical results from the first five holes of the 18 hole, 2981m (9,778’) drill program completed in Fall, 2020 on EPL’s 100%-owned Olson property. The Olson property area covers 5,038 ha located within the Trans Hudson Corridor 100 km east of La Ronge, Saskatchewan and 80km south of SSR Mining’s Seabee Gold Operation. SKRR may earn a 75% interest in the Property by completing exploration expenditures of $3,000,000, making cash payments of $250,000 and issuing 1,000,000 voting class common shares to EPL over a 4-year period. Details of the option agreement are outlined below. Analytical results for the outstanding holes will be released once they have been received, compiled and interpreted. All 2020 work, including the drill program and an earlier field program, were fully funded by SKRR.

 

Courtesy of the Ellis Martin Report

Posted February 8, 2021

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