The 12,952 ha Olson Lake Property is a highly prospective orogenic gold and volcanogenic massive sulphide (“VMS”) polymetallic exploration project.  The claims were acquired in 2017 as part of a larger area that includes the Brownell Lake Project.  The property is located 100km east of La Ronge and 80km south of SSR Mining’s Seabee Gold Operation. 

History

In the Pine Channel area, reconnaissance geology in the form of government reviews and mapping programs began in the late 1950’s. Several additional reports on uranium deposits and gold occurrences were carried out being carried out into modern times.  In the late 80’s geological mapping at the 250k scale had been completed over the area.  Additional government datasets include 3 airborne geophysical surveys and GSC lake sediment geochemistry.

The 3,871ha Schotts Lake Property hosts the Schotts Lake Zone, a volcanogenic massive sulphide (“VMS”) polymetallic deposit with a historical resource (non-43-101 compliant) of 1,983,850 tonnes grading 0.61% Cu and 1.35% Zn. The property is located 40km NW of Flin Flon Manitoba and 8.5km west of a power transmission line. Access is by winter road or float plane. The project is 100% owned by Eagle Plains with a 2% NSR held by Eagle Royalties containing a 1% buy-back clause.  

The 2571 ha Shasko Bay project is located along the southeast shore of Lake Athabasca in northern Saskatchewan, 20 km southeast of Fond-du-Lac, and adjacent to Eagle Plains’ Pine Channel Au project.