Eagle Plains partner moves exploration crews at Theory

Executive Summary

• Sun Summit Minerals, partner of Eagle Plains Resources, has mobilized crews to begin the 2025 fieldwork program at the Theory copper‑gold project in the Toodoggone district, BC.
• The work will focus on identifying drill targets through prospecting, mapping, geochemical sampling and remote sensing, with a budget that exceeds the $200,000 minimum required exploration spend for 2025.
• Eagle Plains remains the operator; TerraLogic Exploration will execute the field program, while Sun Summit holds an option to earn up to 100 % of the project.

Key Details

• Theory project is 100 % owned by Eagle Plains (122 ha subject to a 0.5 % NSR).
• Sun Summit signed an option agreement to earn up to full ownership; the option was previously announced on March 17, 2025.
• 2025 exploration focus: prospecting, geological mapping, geochemical sampling, remote sensing – all aimed at generating drill targets from a 2024 airborne geophysical survey and ongoing data compilation.
• Minimum required 2025 exploration expenditure of $200,000 will be exceeded; exact budget not disclosed.
• Eagle Plains will act as operator; field work to be performed by TerraLogic Exploration.
• Project location: 9,676 ha in the Toodoggone mining district, ~10 km NW of Sun Summit’s JD project and adjacent to Thesis Gold’s Ranch project.
• Access via Omineca resource road; recent upgrades (2023) bring road within 8 km of the property.
• Geology: Lower Jurassic Hazelton Group volcanics overlying late Triassic Takla Group, intruded by Triassic–Jurassic stocks; contains the “Red‑Line” Jurassic‑Triassic unconformity known for high correlation to regional deposits.
• Historical highlights (intermittent work since 1960s):
• 1988 prospecting identified quartz‑barite veins with up to 8.2 g/t Au, 195 g/t Ag, 6.2 % Cu (DM occurrence).
• Quartz‑carbonate vein system with up to 6.8 g/t Au, 1,480 g/t Ag (Fred‑1 occurrence).
• BEV porphyry target: rock results up to 0.47 % Cu, 10.5 g/t Ag, 0.13 g/t Au.
• Soil anomaly: 1.6 × 2 km copper‑in‑soil with peak 920 ppm Cu.
• Recent regional successes cited: Thesis Gold’s Lawyers‑Ranch measured & indicated resource of 4.0 Moz (AuEq) and Amarc Resources’ high‑grade copper‑gold‑silver discovery at the Aurora zone (Joy project).
• Management cautions that historical results are unverified and not necessarily indicative of future outcomes.

Notable Quotes

(No direct quotes were provided in the release.)