Mr. Tim Termuende reports

EAGLE PLAINS SHAREHOLDERS APPROVE ALL MATTERS AT ANNUAL GENERAL MEETING

Eagle Plains Resources Ltd.'s shareholders approved all matters put before them at the company's annual and special meeting held on Dec. 7, 2023, at the company's offices in Cranbrook, B.C.:

1. Shareholders elected the following directors of the company for the ensuing year: Timothy Jay Termuende, Charles C. (Chuck) Downie, Glen J. Diduck, William (Bill) Bennett and Paul Reynolds;
2. Appointed Crowe MacKay LLP as auditor of the company for the ensuing year;
3. Passed a resolution approving the renewal of the company's stock option plan.

Eagle Plains remains active in the junior mining space, with steady project acquisitions and continuing exploration projects under way targeting a variety of commodities located in British Columbia, Saskatchewan, Yukon and Northwest Territories. The company remains financially healthy and currently holds approximately $8.5-million cash in treasury, over $1.4-million in investments, approximately $1.5-million in real estate and hard assets, and carries no debt. TerraLogic Exploration Inc., Eagle Plains' 100-per-cent-owned subsidiary, continues to generate significant revenue through its mineral exploration consulting activities for third party clients in addition to providing valuable intellectual capital to Eagle Plains.

About Eagle Plains Resources Ltd.

Based in Cranbrook, B.C., Eagle Plains is a well-financed, prolific project generator that continues to conduct research, acquire and explore mineral projects throughout Western Canada. The company was formed in 1992 and is the ninth-oldest listed issuer on the TSX Venture Exchange (and one of only three that has not seen a rollback or restructuring of its shares). Eagle Plains has continued to deliver shareholder value over the years and, through numerous spinouts, has transferred over $100-million in value directly to its shareholders, with Copper Canyon Resources and Taiga Gold Corp. being notable examples.

In late 2022, Eagle Plains announced the formation of a separate division within the company: Eagle Royalties Ltd., which holds many of Eagle Plains' diverse portfolio of royalty assets. The restructuring enhanced the valuation of Eagle Plains' extensive royalty interests, enabling ER to market and develop its royalty assets while seeking additional royalty acquisition opportunities. Eagle Royalties' royalty assets cover a broad spectrum of commodities on projects controlled by Cameco Corp., Iso Energy Corp., Denison Mines Corp., Skeena Resources Ltd. and Hecla Mining Co./Banyan Gold Corp., among many others. Eagle Royalties listed on the Canadian Securities Exchange on May 19, 2023.

Eagle Plains' core business is to acquire grassroots critical- and precious-metal exploration properties. The company is committed to steadily enhancing shareholder value by advancing its diverse portfolio of projects toward discovery through collaborative partnerships and the development of a highly experienced technical team.

Expenditures from 2011 to 2022 on Eagle Plains-related projects exceed $30-million, the majority of which was financed by third party partners. This exploration work resulted in approximately 45,000 metres of diamond drilling and extensive ground-based exploration work, facilitating the advancement of numerous projects at various stages of development.

We seek Safe Harbor.