Highlights
The head of Eagle Plains Resources Ltd., CEO Tim J. Termuende, makes his show debut.
Eagle Plains Resources is a mineral explorer located in Western Canada that seeks key deposits of gold, base metals, uranium, rare earth elements, and industrial minerals.
Eagle Plains Resources enhances shareholder value through the acquisition and development of early stage mineral exploration projects.
The first key to the success of their “Project Generator - A Risk Averse Business Model,” involves building symbiotic relationships with partner companies.
Partners fund exploration as well as make cash and share payments to the benefit of Eagle Plains shareholders.
The business model includes the acquisition of new mineral discoveries, where Eagle Plains reserves the right to “spinout its interest of that project into a new company.
For instance, on March 8, 2018, Eagle Plains Resources received an Interim Order for a proposed spinout of Taiga Gold Corp; the meeting date is set for April 6, 2018.
Shares of such new companies are distributed to existing Eagle Plains shareholders.
The second key to the success of The Eagle Plains project-generator involves earning “royalties on properties that have been vended to third parties by Eagle Plains" (Eagle Plains, 2018).
Currently Eagle Plains maintains royalties on over 15 projects held by junior to senior mining and exploration companies (Eagle Plains, 2018).
For example on March 20, 2018 the company announced an option partnership with SSR Mining Inc. (formerly Silver Standard Resources Inc., SSRM).
New drilling operation on Eagle Plain’s Fisher Property, Phase One of which is expected to finish by June, 2018 (Eagle Plains Resources, 2018).
Shareholders were treated to another key strategic partnership, announced in late 2016 with Aben Resources Ltd. (TSX-V: “ABN”).
The deal involves Eagle Plains Resources' wholly owned Chico Gold Project located 125km east of La Ronge, Saskatchewan (Eagle Plains Resources, 2018).
Earlier this year on January 31, Eagle Plains Resources acquired new claims at the Knife Lake Area near Sandy Bay, Saskatchewan (Eagle Plains Resources, 2018).
In the same month, Eagle Plains Resources executed an option agreement with CRC Minerals Inc., which may earn up to a 75% interest in the Acacia property located near Kamloops, B.C.
The host encourages the listener's to due their own due diligence on Eagle Plains Resources Ltd., a favorite portfolio candidate of top PMs shares analyst, Peter Spina.
The ticker symbol can be found on the TSX Venture Exchange, under EPL and on USA exchanges under ticker symbol: EPL.v.
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