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Eagle Plains Signs LOI for Iron Range Project with Earthwise Minerals

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Eagle Plains Signs LOI for Iron Range Project with Earthwise Minerals

The latest update is out from Eagle Plains Resources ( (TSE:EPL) ).

Eagle Plains Resources Ltd. has announced a non-binding letter of intent with Earthwise Minerals Corp. for an option agreement that would allow Earthwise to acquire up to an 80% interest in Eagle Plains’ Iron Range Gold project. This development highlights the project’s potential for significant mineralization, including gold-silver and iron-oxide copper-gold deposits, which could enhance Eagle Plains’ industry positioning and offer promising opportunities for stakeholders.

More about Eagle Plains Resources

Eagle Plains Resources Ltd. operates in the mining industry, focusing primarily on exploration and development of mineral projects. The company is involved in gold, silver, lead, zinc, and copper exploration, with a market focus on discovering and developing mineral resources in British Columbia, Canada.

YTD Price Performance: 5.26%

Average Trading Volume: 63,647

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$11.48M

Learn more about EPL stock on TipRanks’ Stock Analysis page.

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