{"success":true,"data":{"pressRelease":{"id":"87478","rtpr_id":"nACScM1t2a","ticker":"EPL","exchange":"","all_tickers":["EPL","PBM"],"title":"Eagle Plains and Pacific Bay Minerals Execute Option Agreement for Haskins Critical Minerals Project, British Columbia","author":"ACCESSWIRE","published_at":"2026-07-14T11:00:01.286Z","article_body":"CRANBROOK, BC / ACCESS Newswire (https://www.accessnewswire.com/) / July 14,\n2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) (\"EPL\" or \"Eagle\nPlains\" or \"the Company\") and Pacific Bay Minerals Corp. (TSXV:PBM) (\"Pacific\nBay\" or \"PBM\") are pleased to announce that further to their respective news\nreleases dated April 27, 2026 the parties have entered into an option\nagreement (the \"Agreement\") dated July 7, 2026, pursuant to which Pacific Bay\nhas been granted the exclusive right to acquire up to a 100% interest in the\nEagle Plains' wholly-owned Haskins critical metals project (\"the Project\").\n\nThe 578 ha road accessible Haskins project is located 105km NE of Dease Lake,\nBC, contiguous with PBM's Haskins-Reed property to the north. The Haskins is\nconsidered to be highly prospective for carbonate replacement, multi element\nskarn type, molybdenum-tungsten stock work porphyry and structurally\ncontrolled silver-lead-zinc vein mineralization.\n\nChuck Downie, President and CEO of Eagle Plains, recently commented: \"The\nrecent focus on critical metals development in British Columbia by both the\nfederal and provincial governments underscores the opportunity to develop the\nHaskins project. The 1850 ha footprint of the combined projects makes this an\nexcellent opportunity for Eagle Plains to participate in additional critical\nmetals discoveries.\"\n\nUnder the terms of the Agreement, Pacific Bay may acquire a 100% interest in\nthe Haskins Project by completing the following over a four-year period:\n*\nWithin 14 days of receipt by PBM of the approval of TSX Venture Exchange to\nthe terms of the Agreement, pay EPL 200,000 common shares of PBM.\n*\nOn or before the 1(st) Year anniversary of the Agreement, pay EPL an\nadditional 300,000 common shares of PBM.\n*\nOn or before the 2(nd) anniversary of the Agreement:\n*\nPay EPL an additional 750,000 common shares of PBM\n*\nPBM to have completed at least $150,000 in exploration work on the Property,\nwith expenditures during the first year of the Agreement capped at $50,000\n*\nOn or before the 3(rd) anniversary of the Agreement:\n*\nPay EPL an additional 1,000,000 common shares of PBM\n*\nPBM to have completed an additional $250,000 in exploration work on the\nProperty\n*\nOn or before the 4(th) anniversary of the Agreement:\n*\nPay EPL an additional 2,000,000 common shares of PBM\n*\nPBM to have completed an additional $500,000 in work on the Property\n\nThe Haskins claims are subject to a 2% Net Smelter Returns Royalty (NSR)\npayable by Eagle Plains to a third party, 1% of which may be repurchased by\nEagle Plains for $1,000,000. In the event that Eagle Plains exercises the\nright to repurchase the 1% NSR, Pacific Bay will have the right to purchase\nthat 1% from Eagle Plains for $2,000,000, leaving a residual 1% NSR on the\nHaskins property in favour of the third party. Alternatively, Eagle Plains\nwould agree at any time to assign the 1% repurchase right to Pacific Bay for\n$1,000,000.\n\nDuring the term of the Agreement:\n*\nPacific Bay agrees to retain the services of Terralogic Exploration Inc. to\ncomplete the work on the Haskins property;\n*\nAny additional claims acquired by either party within 1 km of the existing\nclaim boundaries will be included in the Agreement;\n\nThe terms and conditions of the Agreement are subject to the laws of the\nProvince of British Columbia, Canada, and subject to regulatory approval.\n\nAbout the Haskins Property\n\nView the Haskins Property Map (https://pr.report/no5z)\n\nThe Haskins claims adjoin PBM's Haskins-Reed property to the north.\n\nProject Highlights\n*\nHost to the Fort Reliance and Joem deposits\n*\nExcellent geology highly prospective for carbonate replacement, skarn,\nporphyry, and vein mineralization\n*\nRoad accessible\n*\nContact metamorphism of the Kechika siltstones and the Atan Group limestone\nand quartzites by the intrusion of the granitic Major Hart Pluton caused skarn\nalteration, as well as the presence of Mo-W stockwork mineralization at\nlithological contacts and Ag-Pb-Zn bearing veins controlled by cross-cutting\nfault structures\n\nGeology\n\nThe Mount Haskins property lies within the northern extension of the Omineca\nlithotectonic domain, underlain by the sedimentary Cassiar Platform of the\nCariboo/Cassiar terrane, which has been intruded by Eocene granitic stocks.\nRegional structural trends of folding and faulting are dominantly NW.\n\nMineralization\n\nThere are four deposit types in the Mount Haskins area: carbonate replacement,\nskarn, porphyry, and vein.\n\nAbout the Haskins-Reed Project\n\nThe Haskins-Reed Property has been explored in several phases by different\ncompanies since the late 1940s, including approximately 198 drill holes. The\n100% owned land package, which includes 6 \"Crown Grant\" claims, is host to\nmultiple mineral prospects.\n*\nB Zone (Minfile 104P 038): Skarn-hosted semi-massive to massive sulphide\nlenses, with silver- and gold-bearing\npyrrhotite-sphalerite-chalcopyrite-galena mineralization, are hosted by\nmetasomatized carbonate rocks. Mineralization occurs as three lenses with an\naggregate strike length of 308 metres, an average true width of 8 metres, and\nan average dip of -40° with strong vertical continuity.\n*\nMount Reed molybdenum-tungsten prospect (Minfile 104P 043): Molybdenum and\ntungsten mineralization is hosted by peripheral contact metamorphic exoskarn\ndeveloped in carbonate-rich metasedimentary rocks of the Atan Group. These\nrocks surround a small Eocene-age porphyritic granitic stock, with additional\nporphyry-style mineralization found within the intrusion itself. Historical\ndrilling returned values of 2.01% WO3 over 3.3 metres, 0.37% WO3 over 5.18\nmetres and 0.17% WO3 over 54.8 metres.\n*\nJoe Reed vein prospect (Minfile 104P 021): Silver-rich\nsphalerite-galena-pyrite shear-hosted vein mineralization occurs within a\npersistent northerly-trending fault zone that cuts through Lower Cambrian Atan\nGroup quartzite, limestone, and dolomite. A steep, westerly-dipping quartz\nvein averaging 1.5 metres wide can be traced along strike for 170 metres.\n*\nBrett Zone (Minfile 104P 136): Skarn-hosted massive sulphide zone with silver-\nand gold-bearing pyrrhotite-sphalerite-chalcopyrite-galena mineralization is\nhosted by metasomatized metasedimentary rocks immediately northwest of the\nMount Reed stock.\n*\nDako and Cobra zones (Minfile 104P 139, 058): Disseminated to locally massive\npyrrhotite-rich base metal garnet skarn mineralization is hosted at a\nlimestone-argillite contact within metasedimentary rocks altered to\ncalc-silicate hornfels and skarns. Mineralization consists of pyrrhotite,\nsphalerite, and minor galena and chalcopyrite. The local geology is very\nsimilar to the Brett Zone.\n*\nMeteor Zone (Minfile 104P 137): This polymetallic gold-silver-lead-zinc\nskarn-hosted prospect was discovered during the 2010 trenching program while\nevaluating coincident soil geochemical and aeromagnetic anomalies in the\nnorthcentral portion of the Property. It has been traced over 555 metres of\nstrike length, with widths ranging from 4 to 16 metres, and remains open along\nstrike and down-dip. 2010 excavator trenching returned intervals such as 24.70\nmetres grading 0.292 g/t Au, 57.11 g/t Ag, 1.21% Pb, and 3.67% Zn (Trench #4),\nwith a nearby grab sample returning 0.680 g/t Au, 176 g/t Ag, 0.75% Pb, and\n12.30% Zn. 2011 drilling intersected 17.5 metres grading 88.35 g/t Ag, 1.11%\nPb, and 3.39% Zn.\n\nSince acquiring an option on the Haskins-Reed Property in 2008, Pacific Bay\nhas carried out substantial additional exploration including drilling\ncampaigns in 2011 and 2018, a full-property airborne geophysical survey,\ntrenching, geochemical surveys, mapping, and a digital compilation of most of\nthe project's historic maps, drill logs, and other exploration data.\n\nSome of the above results were taken directly from MINFILE descriptions and\nassessment reports (ARIS) filed with the BC government. Management cautions\nthat historical results were collected and reported by past operators and have\nnot been verified nor confirmed by a Qualified Person but form a basis for\nongoing work on the subject properties.\n\nQualified Person\n\nTechnical information in this News Release has been reviewed and approved by\nC.C. Downie, P.Geo., a director and officer of Eagle Plains, hereby identified\nas the \"Qualified Person\" under N.I. 43-101.\n\nAbout Eagle Plains Resources\n\nBased in Cranbrook, B.C., Eagle Plains is a well-funded, prolific project\ngenerator that continues to conduct research, acquire and explore mineral\nprojects throughout western Canada, with a focus on critical metals integral\nto an increasingly electrified, decarbonized economy.\n\nThe Company was formed in 1992 and is the fourth-oldest listed issuer on the\nTSX-V (and the only one of these four that has not seen a roll-back or\nrestructuring of its shares). Eagle Plains has continued to deliver\nshareholder value over the years and through numerous spin outs has\ntransferred over $115,000,000 in value directly to its shareholders, with\nCopper Canyon Resources and Taiga Gold Corp. being notable examples. Eagle\nPlains latest spinout, Eagle Royalties Ltd. (CSE:\"ER\") was listed on May 24,\n2023, and on October 30, 2025, ER shareholders overwhelmingly approved a\nthree-cornered amalgamation that resulted in a reverse takeover of Eagle\nRoyalties by Summit Royalty Corp. The resulting issuer is named Summit\nRoyalties Ltd. and trades under the symbol SUM on the TSX Venture Exchange\nwith a market capitalization of over $100M.\n\nOn October 2, 2024, Eagle Plains announced the formation of a separate\ndivision within the Company that will give Eagle Plains' shareholders direct\nexposure to strategic opportunities in Canadian green energy transition. As a\nwholly owned subsidiary of Eagle Plains, Osprey Power Inc. (\"OP\") will focus\non identifying and advancing innovative and diverse clean energy project\nportfolios in target markets throughout Canada, with an initial focus on\nWestern Canada.\n\nEagle Plains' core business is acquiring grassroots critical- and\nprecious-metal exploration properties. The Company is committed to steadily\nenhancing shareholder value by advancing our diverse portfolio of projects\ntoward discovery through collaborative partnerships and development of a\nhighly experienced technical team.\n\nExpenditures from 2010-2025 on Eagle Plains-related projects exceed $41M, the\nmajority of which was funded by third-party partners. This exploration work\nresulted in approximately 50,000m of diamond-drilling and extensive\nground-based exploration work facilitating the advancement of numerous\nprojects at various stages of development.\n\nThroughout the exploration process, our mission is to help maintain prosperous\ncommunities by exploring for and discovering resource opportunities while\nbuilding lasting relationships through honest and respectful business\npractices.\n\nOn behalf of the Board of Directors of Eagle Plains\n\n\"C.C. (Chuck) Downie, P.Geo\"\nPresident and CEO\n\nFor further information on EPL, please contact Andrew Wilson at 1 866 HUNT ORE\n(486 8673)\n\nEmail: abw@eagleplains.com or visit our website at https://www.eagleplains.com\n\nCautionary Note Regarding Forward-Looking Statements\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release. This news release\nmay contain forward-looking statements including but not limited to comments\nregarding the timing and content of upcoming work programs, geological\ninterpretations, receipt of property titles, potential mineral recovery\nprocesses, etc. Forward-looking statements address future events and\nconditions and therefore, involve inherent risks and uncertainties. Actual\nresults may differ materially from those currently anticipated in such\nstatements.\n\nSOURCE: Eagle Plains Resources Ltd.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/metals-and-mining/eagle-plains-and-pacific-bay-minerals-execute-option-agreement-for-haskins-critic-1190350)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACScM1t2a","title":"Eagle Plains and Pacific Bay Minerals Execute Option Agreement for Haskins Critical Minerals Project, British Columbia","author":"ACCESSWIRE","ticker":"EPL","created":"2026-07-14T11:00:01.286Z","tickers":["EPL","PBM"],"exchange":"","article_body":"CRANBROOK, BC / ACCESS Newswire (https://www.accessnewswire.com/) / July 14,\n2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) (\"EPL\" or \"Eagle\nPlains\" or \"the Company\") and Pacific Bay Minerals Corp. (TSXV:PBM) (\"Pacific\nBay\" or \"PBM\") are pleased to announce that further to their respective news\nreleases dated April 27, 2026 the parties have entered into an option\nagreement (the \"Agreement\") dated July 7, 2026, pursuant to which Pacific Bay\nhas been granted the exclusive right to acquire up to a 100% interest in the\nEagle Plains' wholly-owned Haskins critical metals project (\"the Project\").\n\nThe 578 ha road accessible Haskins project is located 105km NE of Dease Lake,\nBC, contiguous with PBM's Haskins-Reed property to the north. The Haskins is\nconsidered to be highly prospective for carbonate replacement, multi element\nskarn type, molybdenum-tungsten stock work porphyry and structurally\ncontrolled silver-lead-zinc vein mineralization.\n\nChuck Downie, President and CEO of Eagle Plains, recently commented: \"The\nrecent focus on critical metals development in British Columbia by both the\nfederal and provincial governments underscores the opportunity to develop the\nHaskins project. The 1850 ha footprint of the combined projects makes this an\nexcellent opportunity for Eagle Plains to participate in additional critical\nmetals discoveries.\"\n\nUnder the terms of the Agreement, Pacific Bay may acquire a 100% interest in\nthe Haskins Project by completing the following over a four-year period:\n*\nWithin 14 days of receipt by PBM of the approval of TSX Venture Exchange to\nthe terms of the Agreement, pay EPL 200,000 common shares of PBM.\n*\nOn or before the 1(st) Year anniversary of the Agreement, pay EPL an\nadditional 300,000 common shares of PBM.\n*\nOn or before the 2(nd) anniversary of the Agreement:\n*\nPay EPL an additional 750,000 common shares of PBM\n*\nPBM to have completed at least $150,000 in exploration work on the Property,\nwith expenditures during the first year of the Agreement capped at $50,000\n*\nOn or before the 3(rd) anniversary of the Agreement:\n*\nPay EPL an additional 1,000,000 common shares of PBM\n*\nPBM to have completed an additional $250,000 in exploration work on the\nProperty\n*\nOn or before the 4(th) anniversary of the Agreement:\n*\nPay EPL an additional 2,000,000 common shares of PBM\n*\nPBM to have completed an additional $500,000 in work on the Property\n\nThe Haskins claims are subject to a 2% Net Smelter Returns Royalty (NSR)\npayable by Eagle Plains to a third party, 1% of which may be repurchased by\nEagle Plains for $1,000,000. In the event that Eagle Plains exercises the\nright to repurchase the 1% NSR, Pacific Bay will have the right to purchase\nthat 1% from Eagle Plains for $2,000,000, leaving a residual 1% NSR on the\nHaskins property in favour of the third party. Alternatively, Eagle Plains\nwould agree at any time to assign the 1% repurchase right to Pacific Bay for\n$1,000,000.\n\nDuring the term of the Agreement:\n*\nPacific Bay agrees to retain the services of Terralogic Exploration Inc. to\ncomplete the work on the Haskins property;\n*\nAny additional claims acquired by either party within 1 km of the existing\nclaim boundaries will be included in the Agreement;\n\nThe terms and conditions of the Agreement are subject to the laws of the\nProvince of British Columbia, Canada, and subject to regulatory approval.\n\nAbout the Haskins Property\n\nView the Haskins Property Map (https://pr.report/no5z)\n\nThe Haskins claims adjoin PBM's Haskins-Reed property to the north.\n\nProject Highlights\n*\nHost to the Fort Reliance and Joem deposits\n*\nExcellent geology highly prospective for carbonate replacement, skarn,\nporphyry, and vein mineralization\n*\nRoad accessible\n*\nContact metamorphism of the Kechika siltstones and the Atan Group limestone\nand quartzites by the intrusion of the granitic Major Hart Pluton caused skarn\nalteration, as well as the presence of Mo-W stockwork mineralization at\nlithological contacts and Ag-Pb-Zn bearing veins controlled by cross-cutting\nfault structures\n\nGeology\n\nThe Mount Haskins property lies within the northern extension of the Omineca\nlithotectonic domain, underlain by the sedimentary Cassiar Platform of the\nCariboo/Cassiar terrane, which has been intruded by Eocene granitic stocks.\nRegional structural trends of folding and faulting are dominantly NW.\n\nMineralization\n\nThere are four deposit types in the Mount Haskins area: carbonate replacement,\nskarn, porphyry, and vein.\n\nAbout the Haskins-Reed Project\n\nThe Haskins-Reed Property has been explored in several phases by different\ncompanies since the late 1940s, including approximately 198 drill holes. The\n100% owned land package, which includes 6 \"Crown Grant\" claims, is host to\nmultiple mineral prospects.\n*\nB Zone (Minfile 104P 038): Skarn-hosted semi-massive to massive sulphide\nlenses, with silver- and gold-bearing\npyrrhotite-sphalerite-chalcopyrite-galena mineralization, are hosted by\nmetasomatized carbonate rocks. Mineralization occurs as three lenses with an\naggregate strike length of 308 metres, an average true width of 8 metres, and\nan average dip of -40° with strong vertical continuity.\n*\nMount Reed molybdenum-tungsten prospect (Minfile 104P 043): Molybdenum and\ntungsten mineralization is hosted by peripheral contact metamorphic exoskarn\ndeveloped in carbonate-rich metasedimentary rocks of the Atan Group. These\nrocks surround a small Eocene-age porphyritic granitic stock, with additional\nporphyry-style mineralization found within the intrusion itself. Historical\ndrilling returned values of 2.01% WO3 over 3.3 metres, 0.37% WO3 over 5.18\nmetres and 0.17% WO3 over 54.8 metres.\n*\nJoe Reed vein prospect (Minfile 104P 021): Silver-rich\nsphalerite-galena-pyrite shear-hosted vein mineralization occurs within a\npersistent northerly-trending fault zone that cuts through Lower Cambrian Atan\nGroup quartzite, limestone, and dolomite. A steep, westerly-dipping quartz\nvein averaging 1.5 metres wide can be traced along strike for 170 metres.\n*\nBrett Zone (Minfile 104P 136): Skarn-hosted massive sulphide zone with silver-\nand gold-bearing pyrrhotite-sphalerite-chalcopyrite-galena mineralization is\nhosted by metasomatized metasedimentary rocks immediately northwest of the\nMount Reed stock.\n*\nDako and Cobra zones (Minfile 104P 139, 058): Disseminated to locally massive\npyrrhotite-rich base metal garnet skarn mineralization is hosted at a\nlimestone-argillite contact within metasedimentary rocks altered to\ncalc-silicate hornfels and skarns. Mineralization consists of pyrrhotite,\nsphalerite, and minor galena and chalcopyrite. The local geology is very\nsimilar to the Brett Zone.\n*\nMeteor Zone (Minfile 104P 137): This polymetallic gold-silver-lead-zinc\nskarn-hosted prospect was discovered during the 2010 trenching program while\nevaluating coincident soil geochemical and aeromagnetic anomalies in the\nnorthcentral portion of the Property. It has been traced over 555 metres of\nstrike length, with widths ranging from 4 to 16 metres, and remains open along\nstrike and down-dip. 2010 excavator trenching returned intervals such as 24.70\nmetres grading 0.292 g/t Au, 57.11 g/t Ag, 1.21% Pb, and 3.67% Zn (Trench #4),\nwith a nearby grab sample returning 0.680 g/t Au, 176 g/t Ag, 0.75% Pb, and\n12.30% Zn. 2011 drilling intersected 17.5 metres grading 88.35 g/t Ag, 1.11%\nPb, and 3.39% Zn.\n\nSince acquiring an option on the Haskins-Reed Property in 2008, Pacific Bay\nhas carried out substantial additional exploration including drilling\ncampaigns in 2011 and 2018, a full-property airborne geophysical survey,\ntrenching, geochemical surveys, mapping, and a digital compilation of most of\nthe project's historic maps, drill logs, and other exploration data.\n\nSome of the above results were taken directly from MINFILE descriptions and\nassessment reports (ARIS) filed with the BC government. Management cautions\nthat historical results were collected and reported by past operators and have\nnot been verified nor confirmed by a Qualified Person but form a basis for\nongoing work on the subject properties.\n\nQualified Person\n\nTechnical information in this News Release has been reviewed and approved by\nC.C. Downie, P.Geo., a director and officer of Eagle Plains, hereby identified\nas the \"Qualified Person\" under N.I. 43-101.\n\nAbout Eagle Plains Resources\n\nBased in Cranbrook, B.C., Eagle Plains is a well-funded, prolific project\ngenerator that continues to conduct research, acquire and explore mineral\nprojects throughout western Canada, with a focus on critical metals integral\nto an increasingly electrified, decarbonized economy.\n\nThe Company was formed in 1992 and is the fourth-oldest listed issuer on the\nTSX-V (and the only one of these four that has not seen a roll-back or\nrestructuring of its shares). Eagle Plains has continued to deliver\nshareholder value over the years and through numerous spin outs has\ntransferred over $115,000,000 in value directly to its shareholders, with\nCopper Canyon Resources and Taiga Gold Corp. being notable examples. Eagle\nPlains latest spinout, Eagle Royalties Ltd. (CSE:\"ER\") was listed on May 24,\n2023, and on October 30, 2025, ER shareholders overwhelmingly approved a\nthree-cornered amalgamation that resulted in a reverse takeover of Eagle\nRoyalties by Summit Royalty Corp. The resulting issuer is named Summit\nRoyalties Ltd. and trades under the symbol SUM on the TSX Venture Exchange\nwith a market capitalization of over $100M.\n\nOn October 2, 2024, Eagle Plains announced the formation of a separate\ndivision within the Company that will give Eagle Plains' shareholders direct\nexposure to strategic opportunities in Canadian green energy transition. As a\nwholly owned subsidiary of Eagle Plains, Osprey Power Inc. (\"OP\") will focus\non identifying and advancing innovative and diverse clean energy project\nportfolios in target markets throughout Canada, with an initial focus on\nWestern Canada.\n\nEagle Plains' core business is acquiring grassroots critical- and\nprecious-metal exploration properties. The Company is committed to steadily\nenhancing shareholder value by advancing our diverse portfolio of projects\ntoward discovery through collaborative partnerships and development of a\nhighly experienced technical team.\n\nExpenditures from 2010-2025 on Eagle Plains-related projects exceed $41M, the\nmajority of which was funded by third-party partners. This exploration work\nresulted in approximately 50,000m of diamond-drilling and extensive\nground-based exploration work facilitating the advancement of numerous\nprojects at various stages of development.\n\nThroughout the exploration process, our mission is to help maintain prosperous\ncommunities by exploring for and discovering resource opportunities while\nbuilding lasting relationships through honest and respectful business\npractices.\n\nOn behalf of the Board of Directors of Eagle Plains\n\n\"C.C. (Chuck) Downie, P.Geo\"\nPresident and CEO\n\nFor further information on EPL, please contact Andrew Wilson at 1 866 HUNT ORE\n(486 8673)\n\nEmail: abw@eagleplains.com or visit our website at https://www.eagleplains.com\n\nCautionary Note Regarding Forward-Looking Statements\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release. This news release\nmay contain forward-looking statements including but not limited to comments\nregarding the timing and content of upcoming work programs, geological\ninterpretations, receipt of property titles, potential mineral recovery\nprocesses, etc. Forward-looking statements address future events and\nconditions and therefore, involve inherent risks and uncertainties. Actual\nresults may differ materially from those currently anticipated in such\nstatements.\n\nSOURCE: Eagle Plains Resources Ltd.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/metals-and-mining/eagle-plains-and-pacific-bay-minerals-execute-option-agreement-for-haskins-critic-1190350)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-07-14T11:00:01.369971762Z","server_sent_at_ms":1784026801369},"received_at":"2026-07-14T11:00:01.422Z","source_url":"https://www.accessnewswire.com/newsroom/en/metals-and-mining/eagle-plains-and-pacific-bay-minerals-execute-option-agreement-for-haskins-critic-1190350"},"analysis":{"id":"76535","press_release_id":"87478","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["Historical drill results referenced in the release have not been verified by a Qualified Person","Transaction is subject to regulatory approval including TSX Venture Exchange acceptance"],"eventType":"partnership","narrative":"Eagle Plains Resources has entered into an option agreement with Pacific Bay Minerals, allowing PBM to earn a 100% interest in the Haskins critical metals project in British Columbia.\n\nTo acquire the interest, Pacific Bay will issue 4.25 million shares to Eagle Plains and commit to $900,000 in exploration expenditures over a four-year period.\n\nThis transaction supports Eagle Plains' project generator strategy by advancing the property without direct capital expenditure, while retaining a 2% NSR royalty.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Standard farm-out agreement for junior miner; minimal immediate financial impact."},"keyFigures":{"customDimensions":{"nsr_percent":2,"haskins_property_size_ha":578}},"quotedText":"The recent focus on critical metals development in British Columbia by both the federal and provincial governments underscores the opportunity to develop the Haskins project.","namedEntities":{"people":[{"name":"Chuck Downie","role":"President and CEO"},{"name":"C.C. Downie","role":"Qualified Person, Director and Officer"},{"name":"Andrew Wilson","role":"Contact"}],"products":["Haskins project","Haskins-Reed property","Fort Reliance deposit","Joem deposits"],"companies":[{"name":"Eagle Plains Resources Ltd.","ticker":"EPL"},{"name":"Pacific Bay Minerals Corp.","ticker":"PBM","relationship":"partner"},{"name":"Terralogic Exploration Inc.","relationship":"contractor"},{"name":"Copper Canyon Resources","relationship":"historical spinout"},{"name":"Taiga Gold Corp.","relationship":"historical spinout"},{"name":"Eagle Royalties Ltd.","ticker":"ER","relationship":"subsidiary"},{"name":"Summit Royalties Ltd.","ticker":"SUM","relationship":"subsidiary"},{"name":"Osprey Power Inc.","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$150,000","context":"exploration work commitment by 2nd year anniversary"},{"amount":"$50,000","context":"cap on expenditures during the first year"},{"amount":"$250,000","context":"additional exploration work by 3rd year anniversary"},{"amount":"$500,000","context":"additional work by 4th year anniversary"},{"amount":"$1,000,000","context":"cost for Eagle Plains to repurchase 1% NSR"},{"amount":"$2,000,000","context":"cost for Pacific Bay to purchase 1% NSR from Eagle Plains"},{"amount":"$115,000,000","context":"value transferred to shareholders via spinouts"},{"amount":"$41M","context":"Expenditures on Eagle Plains-related projects (2010-2025)"}]},"materialImpact":{"score":2,"reasoning":"Option agreement fits Eagle Plains' project-generator business model, shifting exploration costs to a partner. The financial scale is modest (<$1M work commitment), making it a positive operational step but not a materially transformative event for the company."},"tickerRelevance":{"others":[{"ticker":"PBM","relevance":"partner"},{"ticker":"ER","relevance":"subsidiary"},{"ticker":"SUM","relevance":"subsidiary"}],"primary":"EPL"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"project_option_agreement","sectorWeight":"materials"}},"event_type":"partnership","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Eagle Plains Resources has entered into an option agreement with Pacific Bay Minerals, allowing PBM to earn a 100% interest in the Haskins critical metals project in British Columbia.\n\nTo acquire the interest, Pacific Bay will issue 4.25 million shares to Eagle Plains and commit to $900,000 in exploration expenditures over a four-year period.\n\nThis transaction supports Eagle Plains' project generator strategy by advancing the property without direct capital expenditure, while retaining a 2% NSR royalty.","key_figures":{"customDimensions":{"nsr_percent":2,"haskins_property_size_ha":578}},"named_entities":{"people":[{"name":"Chuck Downie","role":"President and CEO"},{"name":"C.C. Downie","role":"Qualified Person, Director and Officer"},{"name":"Andrew Wilson","role":"Contact"}],"products":["Haskins project","Haskins-Reed property","Fort Reliance deposit","Joem deposits"],"companies":[{"name":"Eagle Plains Resources Ltd.","ticker":"EPL"},{"name":"Pacific Bay Minerals Corp.","ticker":"PBM","relationship":"partner"},{"name":"Terralogic Exploration Inc.","relationship":"contractor"},{"name":"Copper Canyon Resources","relationship":"historical spinout"},{"name":"Taiga Gold Corp.","relationship":"historical spinout"},{"name":"Eagle Royalties Ltd.","ticker":"ER","relationship":"subsidiary"},{"name":"Summit Royalties Ltd.","ticker":"SUM","relationship":"subsidiary"},{"name":"Osprey Power Inc.","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$150,000","context":"exploration work commitment by 2nd year anniversary"},{"amount":"$50,000","context":"cap on expenditures during the first year"},{"amount":"$250,000","context":"additional exploration work by 3rd year anniversary"},{"amount":"$500,000","context":"additional work by 4th year anniversary"},{"amount":"$1,000,000","context":"cost for Eagle Plains to repurchase 1% NSR"},{"amount":"$2,000,000","context":"cost for Pacific Bay to purchase 1% NSR from Eagle Plains"},{"amount":"$115,000,000","context":"value transferred to shareholders via spinouts"},{"amount":"$41M","context":"Expenditures on Eagle Plains-related projects (2010-2025)"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-14T11:38:09.321Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"project_option_agreement","sectorWeight":"materials"}},"durationMs":253802,"modelName":"glm-4.7"}}