Eagle Plains' Theory optionee okays 2025 exploration

Executive Summary

• Sun Summit Minerals Corp., partner of Eagle Plains Resources, approved the 2025 exploration plan for the Theory copper‑gold project in the Toodoggone district, BC.
• The program will cost at least $200,000 and focus on prospecting, mapping, geochemical sampling and remote sensing to generate drill targets after a 2024 airborne geophysical survey.
• Work will be executed by TerraLogic Exploration beginning late August 2025, with Eagle Plains acting as operator; the property remains 100 % owned by Eagle Plains (subject to a 0.5 % NSR).

Key Details

• Partner Approval: Sun Summit Minerals Corp. formally approved the 2025 exploration budget and work scope for the Theory project.
• Ownership & Royalty: Eagle Plains holds 100 % of the 9,676‑hectare Theory property; a third party retains a 0.5 % net smelter royalty.
• Exploration Budget: Minimum required expenditure for 2025 is $200,000; actual budget will exceed this amount.
• Program Activities: Prospecting, detailed geological mapping, geochemical soil sampling, and remote‑sensing analysis to identify drill targets derived from a 2024 airborne magnetic/radiometric survey and ongoing data compilation.
• Operator & Contractor: Eagle Plains will serve as operator; field work will be performed by TerraLogic Exploration.
• Timeline: Field activities are slated to start in late August 2025 and continue into September 2025.
• Geographic Context: The project borders Thesis Gold’s Ranch project, lies ~10 km NW of Sun Summit’s JD project, and is within eight kilometres of a newly upgraded access road (Lawyers‑Ranch).
• Historical Highlights: Past work (1988) identified quartz‑barite veins with up to 8.2 g/t Au, 195 g/t Ag, 6.2 % Cu; a quartz‑carbonate vein with 6.8 g/t Au, 1,480 g/t Ag; and a copper‑gold porphyry target (BEV) with up to 0.47 % Cu, 10.5 g/t Ag, 0.13 g/t Au.
• Regional Successes: Nearby Thesis Gold announced a 4.0 M oz measured & indicated resource at Lawyers‑Ranch; Amarc Resources reported a high‑grade copper‑gold‑silver discovery at the Aurora zone (Joy project).
• Qualified Person: Technical information reviewed and approved by C.C. Downie, P.Geo., director/officer of Eagle Plains (NI 43‑101 qualified person).

Notable Quotes

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