Eagle Plains Resumes Trading and Copper Canyon Begins Trading

Cranbrook, B.C. 21 June, 2006: Eagle Plains Resources Ltd. (“Eagle Plains”) (EPL:TSX-V) has received notice from the TSX Venture Exchange that the common shares of the spin-off company, Copper Canyon Resources Ltd. (“Copper Canyon”) (CPY:TSX-V), will be listed for trading on Thursday June 22, 2006 at 9:30am (EST) at market opening.

Concurrent with the trading commencement of Copper Canyon, the requested trading halt of Eagle Plains shares, in place since June 1, 2006, will be removed.  The common shares of Eagle Plains will resume trading on Thursday June 22, 2006 at 9:30am (EST) at market opening.

Eagle Plains Resources continues to conduct research, acquisition and exploration projects in western Canada. The Company controls over 35 gold and base metal projects, many of which are joint-ventured with third parties including NovaGold Inc. (AMEX,TSX:NG), Alexco Resource Corp. (TSX-V:AXR),  and Blind Creek Resources  These agreements expose Eagle Plains to over $8,000,000 in exploration expenditures over the next five years. In recent years, Eagle Plains has completed option agreements with Billiton Metals, Rio Algom Exploration, Kennecott Exploration, Viceroy Resource Corp. and numerous other junior exploration companies, resulting in over 30,000m (100,000’) of drilling and over $9,000,000 in exploration spending on its projects since 1998. During the 2005 season alone, EPL has seen over 11,900m (39,000’) of diamond drilling on its properties.

This news release has been reviewed and approved by Tim J. Termuende, P.Geo., hereby designated as a “Qualified Person” under National Instrument 43-101.

On behalf of the Board of Directors

Signed

“Tim J. Termuende”

President and CEO