Eagle Plains Resources Ltd fka EPL

[btrain]

Feb 3, 2012 - News for 'EPL/EGPLF' Eagle Plains Announces Directors Resignation

Cranbrook, British Columbia CANADA, Feb 03, 2012 (Filing Services Canada via
COMTEX) -- Eagle Plains Resources Ltd. (EPL - TSX Venture, EGPLF - OTC
Pink),announce that David L. Johnston, P.Eng. has resigned as a director of
Eagle Plains. Mr. Johnston has agreed to remain with the Company in an advisory
role, and will join Robert W. Termuende, P.Geol. on the Advisory Board.

The Board would like to thank Mr. Johnston for his valuable guidance, insight
and assistance over the years, which saw the Company steadily grow and create
shareholder value through the spin-out arrangements of Copper Canyon Resources
Ltd. (acquired by NovaGold in 2011), Omineca Mining and Metals Ltd. and
Yellowjacket Resources Ltd.

Mr. Johnston has had an illustrious career in the Canadian mining industry with
senior management posts including: president and general manager of Highland
Valley Copper Corporation, vice president of Cominco Metals, and president of
Pine Point Mines Ltd. As well as serving on the board of Eagle Plains and Copper
Canyon, Mr. Johnston has been an Independent Director of Silver Standard
Resources Inc., since May 17, 2000. Mr. Johnston graduated with a Bachelor of
Applied Science degree in Mining Engineering in 1963 and a Master of Science
degree in Mineral Engineering in 1969.

About Eagle Plains Resources

Eagle Plains continues to conduct research, acquire and explore mineral projects
throughout western Canada. Since 1992, EPL has been acquiring and developing
early stage projects utilizing an in-house team of geologists, technicians and
specialists. Considered a prolific project generator with over 35 properties,
EPL invites joint venture participation to expedite development, reduce risk and
enhance exposure to discovery.

Current third party agreements if maintained to completion expose EPL to over
$64M in exploration expenditures, $7.4M cash and 28.6M shares in partner
companies. Completed agreements have yielded over $17M in exploration spending,
$1M cash to EPL and a total of 16M shares of partner companies including Alexco
Resource Corp., NovaGold Resources Inc., Giyani Gold Corp., Aben Resources Ltd.
and others.

Expenditures during 2011 on Eagle Plains-related projects were approximately
$9,100,000 which was funded by Eagle Plains and third party partners. This
exploration work resulted in approximately 9400m diamond drilling and extensive
ground-based exploration work facilitating the advancement of more than 15
projects at various stages of development. Planning is currently underway for a
very aggressive 2012 exploration season, with over 10 individual drilling
programs planned, most to be funded by third parties in relation to ongoing
option agreements.

On behalf of the Board of Directors

"Tim J. Termuende"

President and CEO

For further information on EPL, please contact Mike Labach at

1 866 HUNT ORE (486 8673)

Email: [e-mail] or visit our website at http://www.eagleplains.com