EAGLE PLAINS RESOURCES LTD.

Prize Mining Corp. and Eagle Plains Resources Ltd. jointly announce that the Yellowjacket Venture has now completed commissioning and test work as scheduled on its mill facility at the Yellowjacket Gold Project located near Atlin, BC. A variety of material stockpiled by Prize in 2008 has now passed through the mill and represents a spectrum of hardness, mineralogy and grade in order to properly tune the facility. Production rates have confirmed a mill capacity of 350 tonnes per day. Processing of this material was completed under an existing Bulk Sampling Exploration Permit. Full-scale bedrock mining and milling operations will commence upon receipt of a Provincial Mines Act Permit, which is expected shortly.