Eagle Plains grants American Eagle option to earn 80% in Hearne Hill South, Jinx, NAK NW projects in British Columbia

• Eagle Plains signed an option agreement dated July 24, 2026, with American Eagle Gold covering the Hearne Hill South, Jinx, NAK NW copper-gold projects in British Columbia.
• American Eagle can earn up to an 80% interest in the 6,690-hectare package; initial earn-in targets 60% over six years.
• To reach 60%, American Eagle must pay CA$400,000, issue 1,200,000 common shares, fund CA$4.85 million of exploration spending.
• To increase to 80%, American Eagle must pay an additional CA$1 million cash; up to half can be paid in shares at 10-day VWAP.
• On exercise, Eagle Plains would receive a 2% smelter returns royalty; 1% can be repurchased for CA$2.5 million; a joint venture would be formed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eagle Plains Resources Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607280600ACCESSWRNAPR_____1196961) on July 28, 2026, and is solely responsible for the information contained therein.