Eagle Plains Bids Farewell to a Visionary - "A Life Well Lived"

ACCESSWIRE · Eagle Plains Resources Ltd.

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CRANBROOK, BC / ACCESSWIRE / September 4, 2024 / Eagle Plains Resources Ltd. ("EPL":TSX-V, or "Eagle Plains") announces that Robert (Bob) Termuende has recently passed away peacefully at age 94. Bob was a founder of Eagle Plains and remained a powerful ambassador and loyal shareholder of the company to the end.

Bob was born in Kenton, Manitoba in 1930 in a room above his parents' store. He considered himself a "Depression Baby" and was always proud of his prairie roots, returning home almost annually for the past 20 years. He moved with his parents to British Columbia in 1945 and completed high school in Surrey. During the summer of 1951 he worked for a relative in Spokane, Washington and by chance, was drafted into the US army. He served as a tank commander in the 114th Medium Tank Battalion within the 7th Army in post-WWII occupied Germany. He always spoke fondly of his military service and the structure and regimen it instilled in him. He was honorably discharged in 1953 and returned to Canada, earning a bachelor's degree in geological sciences at the University of British Columbia on a scholarship provided by the US GI Bill.

His early years in the resource industry saw a brief stint working with Chevron in California, then memorable summers mapping rugged BC stratigraphy by horseback with the Geological Survey of Canada. He married in 1958 and spent years based out of Calgary/Cochrane with his growing family, working in the Canadian oil and gas sector. He was Exploration Manager for Great Plains Development Corp. in the mid-1960's and was one of the early explorers for uranium in the Athabasca Basin in Saskatchewan. Great Plains also had teams working in BC, with the original Red Chris claims staked on his watch. In 1970 he founded Rio Alto Exploration and found early success in a remote area of the Yukon at a project named Rusty Springs, located near the Arctic Circle some 160 km west of Eagle Plains. Rio Alto was ultimately purchased by Canadian Natural Resources in 2002 for $2.4B. Bob founded Kenton Natural Resources in the early 80's. Kenton was later renamed Pacalta Resources and thanks to the skill and tenacity of Mike and Bruce Chernoff, was eventually acquired by Alberta Energy Corp (now Encana/Ovintiv) in 1999 in a deal worth close to $1B. In 1992, he and son Tim re-staked Rusty Springs and co-founded Eagle Plains Resources and Miner River Resources which amalgamated in 1999, at which time Bob retired. Both companies listed on the Alberta Stock Exchange in 1995, and Eagle Plains continues as one of the oldest companies on the TSX-V. Bob had other brushes with mining success throughout his career, being associated with projects including Bullmoose Mountain (coal) and Snip (gold).