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Eagle PlainsTSXV:EPL

Explorer, with a project stated to be in British Columbia, Canada.

British Columbia · Canada — as stated on the recordings

explorer British Columbia, Canada
Mar 2026 → May 2026Covered
9 of 10Topics on record
3Figures tracked over time
1 executiveNamed on the record
Generate Claims & Checks What management and commentators said, and what still needs independent verification 2 interviews with the company
Stage
Explorer
Jurisdiction
British Columbia, Canada
Latest appearance
11 May 2026
On record
2 interviews · 26 statements · 1 executive

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

Money on hand
7 million in cash, about 3 million in equities, owns office building and acreage, owns equipment storage
Stated capital need: Geological consulting company Terologic brought in almost 2 million cash last year
Management-stated Charles Downie May 2026
What happens next
Up to six drill programs in Saskatchewan with Excite Uranium on six optioned projects, budget around $7 million this year
Management-stated Charles Downie May 2026
The main open question
Material does not provide independent verification of claims or cautious outside commentary.
Weighed from the statements below, not our opinion of the company.
Our reading

How the stated figures have moved

The same figure, as management put it on the earliest and the latest recording we hold. A difference may be a genuine update, a different measure of the same thing (total against indicated), or a mis-heard number — both quotes are here, and both recordings are one click away.

Cash position just over 8 million7 million ● Lower 2 statements on record
02 Mar 2026
just over 8 million in cash
“we've got just over 8 million in cash”
11 May 2026
7 million in cash, about 3 million in equities, owns office building and acreage, owns equipment storage
“so our our market cap right now is around 20 million. Um we've got 7 million in cash. We've got about a we also own some uh assets here like we own our own office building.”
Burn rate ≠ Different basis One statement qualifies the figure and the other does not (brought) 2 statements on record
02 Mar 2026
2025: 1.3 million in expenditures on 22 projects; 2026: 13 million in expenditures on 29 projects
“last year we worked on 22 projects and we had about 1.3 million in expenditures. This year we're going to work on 29 projects. We're going to have about 13 million in expenditures”
11 May 2026
Geological consulting company Terologic brought in almost 2 million cash last year
“Like last year that brought in almost $2 million cash.”
Shares outstanding ≠ Different measure Stated in shares, then in money — not the same quantity 2 statements on record
02 Mar 2026
Q3 2025: about 2.1 million in shares of other companies, around 20 companies, about 20 million shares
“as far as our Q3 uh 2025 financing we had about 2.1 million in shares and other companies about 20 companies uh around 20 million shares”
11 May 2026
Market cap around 20 million Canadian dollars
“Well, so so yeah, so our our market cap right now is around 20 million.”

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Eagle Plains's own claims across 2 interviews — most-covered theme first.

What outside voices pick up on

No independent commentary on record yet — so far the page carries only the company's own voice.

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says Eagle Plains has 27 years of track record, never had a rollback, and paid out $115 million to shareholders through spin-outs and deals.

What it rests on
Evidence: 3 moments from 2 interviews
Read the full case

Management says Eagle Plains has 27 years of track record, never had a rollback, and paid out $115 million to shareholders through spin-outs and deals. The company holds $8 million in cash plus real estate and equipment, with diverse exposure across 100+ projects in Western Canada and Colombia. Near-term catalysts include six drill programs in Saskatchewan ($7 million budget) and Teddy project drilling, with seven total programs funded largely by partners.

▼ Bear case

Material does not provide independent verification of claims or cautious outside commentary.

What it rests on
Evidence: 1 moment from 1 interview
Read the full case

Material does not provide independent verification of claims or cautious outside commentary. Management acknowledges exploration is inherently risky. The company is burning through cash at scale—$13 million in 2026 expenditures against $8 million in hand—and relies heavily on partner funding for drill programs to avoid dilution. No independent investor or technical perspective is on record to weigh deposit risk or market confidence.

◆ Watch next

Seven drill programs launching in 2026, with two self-funded and five partner-backed (Refined Energy, Excite Resources).

What it rests on
Evidence: 2 moments from 2 interviews
Read the full case

Seven drill programs launching in 2026, with two self-funded and five partner-backed (Refined Energy, Excite Resources). Saskatchewan uranium work ($7M budget) and Teddy copper-gold project (Tudag, $800k) are primary catalysts. George Lake zinc results and cash burn against $8 million cash position versus $13 million annual spend require monitoring through 2026.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 8 statements

The deposit 5

Key takeaway. Management of Eagle Plains describes a broad portfolio with over a hundred projects across British Columbia, Saskatchewan, and the Yukon, spanning multiple commodities and stages of development (March 2026).

Read the full summary

At the George Lake zinc project in Saskatchewan, the company completed drilling this past winter, while at the Teddy project in the Tudagon area they report new zones of copper-gold mineralization, with petrographic work suggesting the setting is "perfect for buried porphyry" during the first field program there in about 25 years (May 2026). The company also holds six uranium projects in the northern Saskatchewan basin that it calls very underexplored, covering five historic deposits and lacking work for 25 or 30 years (May 2026), and a Banyan royalty on the ORMAC project in the Yukon, which management says hosts a 7 million ounce deposit with a sliding royalty between 2% and half a percent (March 2026).

What was actually said
exploration upside
Six uranium projects in northern Saskatchewan basin, very underexplored, covers five historic deposits, hasn't seen work in 25 or 30 years
“An area that's very underexplored. hasn't seen a lot of work for probably 25 or 30 years, but our claims cover five historic deposits.”
Charles Downie· 11 May 2026·
exploration upside
George Lake zinc project in Saskatchewan completed drilling this winter
“We're just finished drilling uh a Saskatchewan drink uh zinc project, George Lake. We're just uh we drilled that this winter.”
Charles Downie· 11 May 2026·
exploration upside
Teddy project in Tudagon area: new zones of copper gold mineralization found, petrographic work suggests setting perfect for buried porphyry, first field program in about 25 years
“We made out like gang busters. We found a bunch of new uh bunch of new zones of copper gold mineralization. We did some more advanced petrographic work. It looks like the setting is perfect for a, you know, for a buried pfrey up there.”
Charles Downie· 11 May 2026·
Show the other 2 statements
exploration upside
Banyan royalty on ORMAC project in Yukon with 7 million ounce deposit, sliding royalty between 2% and half a percent
“we had one particularly good one which was the Banyan royalty on the ORMAC project in the in the Yukon and it was a very very attractive obviously Banyan is getting a lot of traction it you know 7 million ounce deposit... sliding royalty between 2% and half a percent.”
Charles Downie· 02 Mar 2026·
exploration upside
over a hundred projects in portfolio, various stages of development, 60 projects in British Columbia, 40 projects in Saskatchewan, projects in Yukon, exposed to wide range of commodities
“we've got uh over a hundred projects um in our portfolio, various stages of um of development... We've got about 60 projects in British Columbia and we're also very diversified in Saskatchewan. We've got about 40 projects in Saskatchewan and a few projects coming in Yukon as well.”
Charles Downie· 02 Mar 2026·

Jurisdiction 2

Key takeaway. Management says Eagle Plains is focused on Western Canada, specifically British Columbia and Saskatchewan (May 2026), but also mentioned Colombia (March 2026).

Read the full summary

The company's statements about its operating jurisdictions thus differ depending on the date of the interview.

What was actually said
region
Western Canada focused: British Columbia and Saskatchewan
“so diversified commodity uh base metals, uranium, precious metals focused on Western Canada”
Charles Downie· 11 May 2026·
country
Colombia
“We are a project generator. We're based in southeastern Columbia.”
Charles Downie· 02 Mar 2026·

Technical risk 1

What was actually said
stated risk
exploration is a very risky business
“expiration is a very risky business.”
Charles Downie· 02 Mar 2026·

Economics 6 statements

Financing 6

Key takeaway. Regarding financing, Eagle Plains management says the company held about $7 million in cash plus roughly $3 million in equities and owns its office building and equipment storage (May 2026), though in March 2026 they reported just over $8…

Read the full summary

million in cash. The Eagle Royalties spinout was sold for about $13 million, with the company retaining 1 million shares trading at about $160 (Mar 2026). Management expects between $20 and $25 million in third-party capital to be spent on projects over the next year or two if current option deals go to fruition (May 2026).

What was actually said
burn rate
Geological consulting company Terologic brought in almost 2 million cash last year
“Like last year that brought in almost $2 million cash.”
Charles Downie· 11 May 2026·
capital needed
Between 20 and 25 million in third party capital expected to be spent on projects over next year or two assuming current option deals go to fruition
“assuming that all of the current option deals went to fruition, I will I'll suggest it would probably be around between 20 and 25 million.”
Charles Downie· 11 May 2026·
cash position
7 million in cash, about 3 million in equities, owns office building and acreage, owns equipment storage
“so our our market cap right now is around 20 million. Um we've got 7 million in cash. We've got about a we also own some uh assets here like we own our own office building.”
Charles Downie· 11 May 2026·
Show the other 3 statements
burn rate
2025: 1.3 million in expenditures on 22 projects; 2026: 13 million in expenditures on 29 projects
“last year we worked on 22 projects and we had about 1.3 million in expenditures. This year we're going to work on 29 projects. We're going to have about 13 million in expenditures”
Charles Downie· 02 Mar 2026·
cash position
just over 8 million in cash
“we've got just over 8 million in cash”
Charles Downie· 02 Mar 2026·
financing status
Eagle Royalties spinout sold for about 13 million, company retained 1 million shares trading at about 160 dollars
“we sold the company uh last year for uh about $13 million. So that's another way we can create roy value... we kept a million shares in that company and they're trading at about a$160 now.”
Charles Downie· 02 Mar 2026·

Timeline 4 statements

Timeline 2

Key takeaway. Eagle Plains management reports that a drill program with partner Refined Energy is starting next week on the Duffer and Duffer West projects, as of March 2026.

Read the full summary

The company says it plans seven drill programs in total for 2026, with two self-funded and the remainder funded by partners.

What was actually said
milestone
drill program starting next week on Duffer and Duffer West projects with partner Refined Energy
“we're starting a drill program uh next week on one of our projects Duffer and Duffer and West with our partners Refined Energy”
Charles Downie· 02 Mar 2026·
milestone
seven drill programs in 2026, two self-funded and rest funded by partners
“This year, we're going to be doing probably we'll have seven drill programs on our on our projects this year... Two of them are going to be self-funded through Eagle Planes and the rest of them will be funded by our partners.”
Charles Downie· 02 Mar 2026·

Catalysts 2

Key takeaway. Management says Eagle Plains plans up to six drill programs in Saskatchewan with Excite Uranium on six optioned projects, with a budget of around $7 million this year (May 2026).

Read the full summary

Separately, the company expects drill results from the Teddy project in Tudag (option with Sun Summit), where a field program is targeting a buried porphyry on a budget of around $800,000 this year (May 2026).

What was actually said
upcoming result
Up to six drill programs in Saskatchewan with Excite Uranium on six optioned projects, budget around $7 million this year
“the budget this year up there is going to be around $7 million and that's going to include up to six drill programs up there.”
Charles Downie· 11 May 2026·
upcoming result
Drill results from Teddy project in Tudag (option with Sun Summit), with field program targeting buried porphyry, budget around $800,000 this year
“We're going back there again this year with a bigger budget, probably around $800,000.”
Charles Downie· 11 May 2026·

Corporate 8 statements

Management 4

Key takeaway. Management highlights Eagle Plains' longevity and track record: the company says it is over 30 years in the business, the fourth oldest on the TSXV, and the oldest on that exchange that has never been rolled back.

Read the full summary

The CEO notes he has been full-time at Eagle Plains for 27 years, starting as VP Exploration in 1999 and becoming President/CEO about 1.5 years ago. The company reports it has paid out about 115 million to shareholders in dividends over the last 20 years from spin-out share or cash deals, and states the board holds over 100 years of experience in geology, describing the company as "a company of geologists for the most part."

What was actually said
track record
Paid out about 115 million to shareholders in dividends over last 20 years in shares or cash deals from spin-out companies
“We've paid out about $115 million to our shareholders either in shares or in uh or in cash deals.”
Charles Downie· 11 May 2026·
track record
27 years full-time at Eagle Plains, started as VP Exploration in 1999, became President/CEO about 1.5 years ago
“I started uh 19 uh guess 1999 full-time Eagle Planes as the VP exploration and uh a year and a half ago uh Tim kind of stepped back a little bit and uh he's our executive chairman now and I took on the role as president CEO.”
Charles Downie· 11 May 2026·
team experience
over 100 years of experience in geology on the board, company of geologists for the most part
“We're a company of geologist for the most part. We've got uh uh you know, over 100 years of experience in geology on our on our board”
Charles Downie· 02 Mar 2026·
Show the other 1 statement
track record
over 30 years in the business, fourth oldest company on the TSXV, oldest company on the TSXV that's never been rolled back
“we've been in the business for over 30 years. We're the fourth oldest company on the TSXV and we're the oldest company on the TSXV that's never been rolled back.”
Charles Downie· 02 Mar 2026·

Share structure 2

Key takeaway. Eagle Plains' management discusses the company's share structure across two interviews.

Read the full summary

As of May 2026, management reports a market capitalization of around 20 million Canadian dollars. In a separate comment from March 2026, management stated that as of Q3 2025 the company held about 2.1 million in shares of other companies, held positions in around 20 companies, and had about 20 million shares outstanding.

What was actually said
shares outstanding
Market cap around 20 million Canadian dollars
“Well, so so yeah, so our our market cap right now is around 20 million.”
Charles Downie· 11 May 2026·
shares outstanding
Q3 2025: about 2.1 million in shares of other companies, around 20 companies, about 20 million shares
“as far as our Q3 uh 2025 financing we had about 2.1 million in shares and other companies about 20 companies uh around 20 million shares”
Charles Downie· 02 Mar 2026·

Market 2

Key takeaway. Regarding market dynamics, Eagle Plains management says the company has completed four spinouts, with three sold to bigger companies, generating about 115 million for shareholders as of March 2026.

Read the full summary

Management also notes it is working with Refined Energy on uranium projects in Saskatchewan and with Excite Resources in the northern part of the Athabasca basin, suggesting potential acquirer interest.

What was actually said
potential acquirer
working with Refined Energy on uranium projects in Saskatchewan and with Excite resources in northern part of Athabasca
“we're starting a drill program uh next week on one of our projects Duffer and Duffer and West with our partners Refined Energy and we've also got another um another option deal uh with Excite uh resources and they are um working in the northern part of the of the Aabaska up around Aabaska Lake.”
Charles Downie· 02 Mar 2026·
strategic interest
four spinouts completed, three sold to bigger companies, generated about 115 million for shareholders
“We've done four spinouts. Three of them have been sold to bigger companies. And through those three spinouts, we've generated about $115 million for our shareholders.”
Charles Downie· 02 Mar 2026·

Sources 2 interviews

Every interview 2

DateChannelInterviewStatements
11 May 2026 Rule Investment Media Charles Downie, President/CEO of Eagle Plains Resources | Rule Symposium 2026: Rick Rule interviews 12
02 Mar 2026 Crux Investor Eagle Plains Resources (TSXV:EPL) – Five Revenue Streams, 29 Projects Advancing in 2026 14

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

banyan gold / aurmac project 1
british columbia 1
copper canyon 1
eagle plains resources 1
eagle royalties 1
excite resources 1
excite uranium 1
george lake 1

Questions people ask

What is Eagle Plains's project and where is it?

Eagle Plains is a explorer mining company, with a project stated to be in British Columbia, Canada. Everything here is drawn from its executives' own interviews.

Which interviews mention Eagle Plains?

We track 2 interviews mentioning Eagle Plains, across 2 channels (Crux Investor, Rule Investment Media).

What are investors saying about Eagle Plains?

No independent commentary is on record yet — so far the page carries only the company's own voice.

What do recent interviews with Eagle Plains cover?

The most-discussed topics on record are financing, the deposit, management, timeline — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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