M&A / Property

Eagle Plains to sell Saunders, Nub to Hi-View

By The Northwire Desk — AI Analysis Aug 13, 2025 · 16:35 EPL · 0.145 Eagle Plains Resources Ltd.

EPL · Price

Eagle Plains Resources Ltd. entered into a definitive agreement to sell its 100 % interest in the Saunders and Nub projects to Hi‑View Resources Inc. for cash, shares and a royalty.
Total consideration consists of $70,000 cash, 350,000 Hi‑View common shares and a 3 % net smelter royalty on future production payable to Eagle Plains.
The two properties are located in the Stikine terrane of northern British Columbia, adjacent to historic mineralized zones and near the Kemess copper‑gold district.

Purchase Price:
$70,000 cash
350,000 Hi‑View Resources Inc. common shares (valued at the closing price on the date of execution)
A 3 % net smelter royalty on any future production from the sold properties, payable to Eagle Plains.
Properties Sold:
Saunders Project – 209.6 ha comprising three MinFile occurrences (Saunders Northwest, North, South). Historical assays up to 1.42 g/t Au and 11.7 g/t Ag reported.
Nub Project – 873.9 ha bordering the Joy project (Amarc Resources) with a high‑priority magnetic anomaly (“red line”) coincident with copper‑in‑soil anomalies.
Location: Approximately 300 km northeast of Smithers, BC and ~30 km north of the Kemess Cu‑Au mine (Centerra Gold).
Strategic Rationale:
Allows Eagle Plains to monetize non‑core assets while retaining exposure through a royalty stream.
Provides Hi‑View Resources with full ownership of two prospective epithermal and porphyry targets in a prolific mining corridor.
Qualified Person: Charles C. Downie, P.Geo., director of Eagle Plains, reviewed and approved the scientific and technical disclosure per NI 43‑101.
Management Caution: Historical assay results are unverified by Eagle Plains and may not be indicative of future exploration outcomes.

(No direct CEO/President quotes were included in the release.)

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