Eagle Plains Reports up to 29.9 g/t Au over 1.8m at the Bulldog Gold - Silver Project, Golden Triangle, BC

The most recent news, dated December 1, 2025, reports initial exploration results from Eagle Plains Resources Ltd.'s 100%-owned Bulldog Gold-Silver Project located in British Columbia's Golden Triangle. The inaugural 2025 field program focused on the southern half of the property, utilizing rock sampling and prospecting techniques.

Key findings highlighted in the release include: * A rock chip sample (JCBLDR001) returned 29.9 g/t Au over 1.8m, along with 22.6 g/t Ag and 0.2% Cu, collected across a vein above a middle adit. * Another sample (BLBLR002), taken 50m northwest along the same vein trend, yielded 17.7 g/t Au and 26 g/t Ag. * A grab sample (JCDLDR003) from a shear zone showed high-grade silver and base metals, with 122 g/t Ag, 1.7% Cu, and 0.7% Zn (gold content was not reported for this specific sample). * A grab sample (KBBLDR001) from a newly discovered mineralized horizon in the footwall stratigraphy returned 2.4 g/t Au.

The company stated that the property is available for option, consistent with its project generator business model. Historical results are referenced but not verified by a Qualified Person, and rock grab samples are noted as selective and not necessarily representative of the overall mineralization.

This news is positive but falls into the "Routine" category due to the early stage of exploration. The reported high-grade rock chip samples from the Bulldog Project are encouraging indicators of mineralization potential. However, rock grab samples are by nature selective and do not represent continuous mineralized zones, nor do they carry the same weight as drill core intercepts in defining a resource. The project is still in the initial exploration phase and is being presented as "available for option," which aligns perfectly with Eagle Plains' long-standing strategy as a project generator. This news successfully demonstrates that the initial fieldwork has identified promising targets, which is the primary goal at this stage for a project generator.

Compared to other recent activities, such as the sale of the Rusty Springs project for 5 million shares (plus potential additional shares) and retained royalties, or the sale of Ketch and Portland for 300,000 Kodiak shares and a 2% NSR, these rock sample results, while good, do not represent a "game changer" transaction or a significant leap in resource definition for the company as a whole. It’s a validation of their exploration methodology on a new property.

Financially, the company remains in a strong cash position with no reported debt, and has successfully monetized several non-core assets recently, adding to its investment portfolio. This consistent generation of new, promising projects ready for optioning, alongside successful asset sales, contributes positively to the company's sustainability and long-term strategy, rather than representing an immediate material shift from a single early-stage exploration report.

Eagle Plains Resources Ltd. (EPL) is a well-established Canadian project generator focused on the acquisition, exploration, and development of mineral properties, primarily critical metals and precious metals, across British Columbia, Saskatchewan, and Yukon. The company's core business model involves staking or acquiring grassroots exploration properties, conducting initial geological work to identify and confirm mineralization, and then optioning these projects to junior and intermediate mining companies. This strategy allows EPL to maintain exposure to discovery upside through retained equity and royalties while minimizing direct exploration expenditures and shareholder dilution.

EPL also owns 100% of TerraLogic Exploration Inc., a geological consulting firm that provides technical expertise and services to both EPL and third-party clients, effectively subsidizing EPL's internal exploration costs and providing intellectual capital. Additionally, EPL holds Osprey Power Inc., aiming to develop clean, renewable energy projects in Canada.

EPL has a diverse portfolio of projects at various stages of exploration. Key projects and their development status, as seen in the news, include:

• Bulldog Gold-Silver Project (BC): The subject of the most recent news, it's 100% owned and in early-stage exploration, with initial rock sampling yielding high-grade results. It is currently available for option.
• Rusty Springs Silver-Lead-Zinc-Copper Project (Yukon): Recently sold to Blackcomb Silver Corp. for 5 million common shares of Blackcomb and retained NSR royalties (0.5% on current claims, 1.5% on new claims). EPL could receive an additional 5 million shares if an inferred resource of 80 million silver equivalent ounces is established. This represents a successful non-dilutive monetization of an asset.
• Iron Range Gold Project (BC): Optioned to Earthwise Minerals Corp. Earthwise can earn up to an 80% interest by making cash payments, issuing shares, and funding significant exploration expenditures ($4M over four years for 70%). EPL retains a 2% NSR (1% buyback option for $1.5M). Recent fieldwork by Earthwise yielded positive grab and soil samples.
• Uranium City Area Projects (Saskatchewan): Six uranium projects (Beaver River, Black Bay, Don Lake, Gulch, Lorado, Smitty) optioned to Xcite Resources Inc. Xcite can earn an 80% interest by committing to C$19.2 million in exploration, issuing 4.5 million shares, and paying C$330,000 cash. EPL retains a 2% NSR and a carried interest until a bankable feasibility study. Airborne geophysical surveys are commencing.
• Theory Copper-Gold Project (BC): Optioned to Sun Summit Minerals Corp. Sun Summit can earn up to 100% interest by making cash payments, issuing shares, and funding $3 million in exploration expenditures for a 75% interest, with an option for the remaining 25%. EPL retains a 2% NSR (1% buyback option for $1M). Fieldwork was recently completed, with assay results pending.
• Ketch and Portland Copper-Gold Projects (BC): Sold to Kodiak Copper Corp. for 300,000 Kodiak shares and a 2% NSR (1% buyback option for $1.75M). Another successful asset monetization.
• Dufferin Uranium Project (Saskatchewan): Optioned to Refined Energy Corp. Refined can earn up to 75% interest by cash payments, share issuances, and funding exploration ($2.6M for 60% over four years, then $3M for additional 15%). EPL retains a 2% NSR (1% buyback option for $2M). A drilling permit has been issued, and targets are defined by geophysics.
• Hearne Hill South Copper-Gold Porphyry Project (BC): 100% owned, fieldwork completed in 2025, results pending.
• George Lake Zinc-Lead Project (Saskatchewan): 100% owned, subject to a 2% royalty to Eagle Royalties. Incorporated into an exploration agreement with Ya'thi Nene Lands and Resource Office. A conceptual exploration target of 2-5 million tonnes at 3-5% Zn has been identified.
• Saunders & Nub Projects (BC): Sold to Hi-View Resources Inc. for $70,000 cash, 350,000 shares, and a 3% NSR to EPL.
• Pine Channel Gold Project (Saskatchewan): Optioned to Apogee Minerals Ltd. Apogee can earn 80% through exploration expenditures, share issuances, and cash payments. Field program completed, results pending.
• Black Diamond Silver-Lead-Zinc-Antimony Project (BC): 100% owned, fieldwork completed with positive surface sampling results. New tenure applied for. Available for option.
• Other 100% owned exploration projects: Lost Horse, Acacia, Jake, Campbell Lake, Cook, Elizabeth Lake, Joey, Woodjam, Tiger, Tiger North, Copper Mountain West, Q7.