Eagle Plains Resources Signs LOI with Pacific Bay Minerals

Eagle Plains Resources Ltd. has entered a non-binding letter of intent with Pacific Bay Minerals Corp. for the Haskins project in British Columbia. The LOI, dated April 22, 2026, sets the framework for Pacific Bay to potentially acquire a full stake in Haskins, a project renowned for its mineral prospects.

The Haskins project spans 578 hectares and is known for its potential in various mineralizations such as carbonate replacement and silver-lead-zinc veins. Once combined with Pacific Bay's Haskins-Reed property, the total area will cover 1,850 hectares, enhancing exploration opportunities.

The deal involves staggered payments in Pacific Bay shares over four years and requires a minimum cumulative exploration investment of $900,000. Regulatory approvals are pending, and further updates are anticipated as negotiations progress.