Eagle Hill Intersects 14.74 g/t Gold Over 17.9 Meters in Near

Eagle Hill Intersects 14.74 g/t Gold Over 17.9 Meters in Near Surface
Mineralization at Windfall Lake 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/16/13 -- Eagle Hill
Exploration Corporation (TSX VENTURE:EAG) ("Eagle Hill" or the
"Company") is pleased to announce assay results from its 2012 drill
program at the Windfall Lake Gold Deposit in Northwestern Quebec. The
new results include wide intercepts of high grade gold mineralization
occurring near surface as a series of parallel lenses. These results
are part of a drill program designed to expand the size of the
mineral resource estimation released on July 25, 2012 that already
includes 1,665,000 tonnes at 10.05 g/t gold (538,000 ounces) in the
indicated category and 2,906,000 tonnes at 8.76 g/t gold (822,000
ounces) as an inferred resource. 
Near surface mineralization  
Eagle Hill's Exploration Team has done a very good job of modeling
the gold mineralization at Windfall Lake. One specific achievement
from this modeling has been to follow the faulted offset of the most
prolific gold zone, Zone 27, from depth to surface. With further
drilling, the Company has been able to discover other near surface
parallel lenses of relatively high grade, gold mineralization. So
far, Eagle Hill has defined the shallow gold mineralization over a
strike length of more than 600 meters. These new findings suggest
that part of the gold mineralization at Windfall Lake could be
extracted by an open pit mining operation.  
With respect to the new findings, the Company completed several
shallow diamond drill holes in the upper Extension of Zone 27 and was
able to define its lateral continuity over more than 300 meters. The
Zone 27 upper extension consists of a gold-rich lens plunging
shallowly to the east and extending for more than 50 meters
vertically with widths of up to 31 meters. Some of the best results
for this zone include 5.53 g/t Au over 15.8 meters in drillhole
EAG-12-441. In addition to their intersections in Zone 27, several of
the shallow drill holes returned other significant intersections from
parallel mineralized lenses in the first one hundred meters below the
surface. The best results for the additional lenses include 14.74 g/t
Au over 17.9 meters and 15.12 g/t Au over 4.2 meters as listed in the
table below.  
"These new results that expand the size of the near surface gold
deposit in multiple lenses showing a consistent gold distribution.
The broadening of the gold mineralization at such a shallow depth
strengthens the case for a potential open pit operation for this part
of the Windfall deposit. The grades for the near surface gold zones
at Windfall Lake are much higher than that of traditional open pit
operations," stated Brad Kitchen, President and Chief Executive
Officer of Eagle Hill Exploration. "The feasibility for an open pit
operation will need to be investigated in more detail but further
validates management's decision to commitment to cause the
commencement of commercial production."   
The table below shows the best assay results from the near surface
gold zones together with the depth of the intercepts below the
surface. 


 
----------------------------------------------------------------------------
                                                                    Depth of
                                                                   intercept
               From         To                                       (meters
Drill hole      (m)        (m)                       Assays   below surface)
----------------------------------------------------------------------------
EAG-12-440    53.70      57.60       35.6 g/t Au over 3.9 m               47
----------------------------------------------------------------------------
EAG-12-441    33.40      43.20       4.76 g/t Au over 9.8 m               28
          ------------------------------------------------------------------
             113.00     128.80      5.53 g/t Au over 15.8 m               96
----------------------------------------------------------------------------
EAG-12-442    55.00      58.00      12.84 g/t Au over 3.0 m               52
          ------------------------------------------------------------------
              92.00     102.00      3.52 g/t Au over 10.0 m               88
----------------------------------------------------------------------------
EAG-12-443    29.00      46.90     14.74 g/t Au over 17.9 m               29
----------------------------------------------------------------------------
EAG-12-444    52.80      57.00      15.12 g/t Au over 4.2 m               44
----------------------------------------------------------------------------
EAG-12-446   120.50     129.10       3.51 g/t Au over 8.6 m              107
----------------------------------------------------------------------------

 
The gold mineralized zones defined to date at Windfall Lake cover a
strike extent of more than 750 meters and include, from South to
North, the Caribou South zone, the Caribou zone, the Mink zone, Zone
27 South, Zone 27, the Mallard zone, and the Mallard North zone.
Mineralization is contained within near-vertical zones of pyrite
stockwork and vary in thickness between 2 meters and 35 meters.  
A map of the Windfall Lake property outlining the location of the
gold zones, drill holes and areas of potential expansion, together
with cross-sections, a longitudinal section and pictures of core
showing the mineralization style have been posted on Eagle Hill's
website, www.eaglehillexploration.com/sections. 
The table shows the most significant assay results from the series of
drill holes discussed in this press release.  


 
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                 From      To      Au  Length                               
Drill Hole        (m)     (m)   (g/t)     (m)                        Comment
----------------------------------------------------------------------------
----------------------------------------------------------------------------
EAG-12-433      157.7   158.2    14.7     0.5                     Shear zone
          ------------------------------------------------------------------
                317.4   318.1    49.4     0.7             Isolated intercept
          ------------------------------------------------------------------
                380.8   381.6   49.00     0.8     Isolated intercept with VG
          ------------------------------------------------------------------
                446.3   446.6  801.00     0.3     Isolated intercept with VG
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Eag-12-434 to EAG-12-437 : no significant results                           
----------------------------------------------------------------------------
----------------------------------------------------------------------------
EAG-12-438       58.8    78.8    1.41    20.0    Shallow gold mineralization
          -----------------------------------                               
           Incl. 58.8    63.2    3.31     4.4                               
          -----------------------------------                               
           Incl. 61.2    61.8    6.86     0.6                               
          ------------------------------------------------------------------
                101.0   102.0    9.40     1.0             Isolated intercept
----------------------------------------------------------------------------
----------------------------------------------------------------------------
EAG-12-439      107.6   118.0    2.63    10.4    Shallow gold mineralization
          -----------------------------------                               
          Incl. 107.6   108.5   22.20     0.9                               
----------------------------------------------------------------------------
EAG-12-440       53.7    57.6   35.58     3.9    Shallow gold mineralization
          -----------------------------------                               
           Incl. 54.5    55.4    55.1     0.9                               
          -----------------------------------                               
           Incl. 55.4    56.0    55.6     0.6                               
          -----------------------------------                               
           Incl. 56.0    56.5    27.1     0.5                               
          -----------------------------------                               
           Incl. 56.5    57.1    61.1     0.6                               
          ------------------------------------------------------------------
                 94.2    94.8    9.32     0.6    Shallow gold mineralization
----------------------------------------------------------------------------
----------------------------------------------------------------------------
EAG-12-441       33.4    43.2    4.76     9.8    Shallow gold mineralization
          -----------------------------------                               
           Incl. 42.7    43.2   49.10     0.5                               
          ------------------------------------------------------------------
                113.0   128.8    5.53    15.8    Shallow gold mineralization
          -----------------------------------                               
          Incl. 118.0   119.0   47.70     1.0                               
----------------------------------------------------------------------------
----------------------------------------------------------------------------
EAG-12-442       40.0    45.0    2.85     5.0    Shallow gold mineralization
          ------------------------------------------------------------------
                 55.0    58.0   12.84     3.0    Shallow gold mineralization
          -----------------------------------                               
           Incl. 56.0    57.0   30.00     1.0                               
          ------------------------------------------------------------------
                 77.0   102.0    2.12    25.0    Shallow gold mineralization
          -----------------------------------                               
           Incl. 92.0   102.0    3.52    10.0                               
          -----------------------------------                               
           Incl. 99.4   100.2   31.20     0.8                               
----------------------------------------------------------------------------
----------------------------------------------------------------------------
EAG-12-443         29    46.9   14.74    17.9    Shallow gold mineralization
          -----------------------------------                               
           Incl. 41.0    43.9   49.51     2.9                               
          ------------------------------------------------------------------
                 76.0   110.9    2.24    34.9    Shallow gold mineralization
          -----------------------------------                               
           Incl. 96.8    99.0   18.33     2.2                               
----------------------------------------------------------------------------
----------------------------------------------------------------------------
EAG-12-444       52.8    57.0   15.12     4.2    Shallow gold mineralization
          -----------------------------------                               
           Incl. 55.4    57.0   32.20     1.6                               
          ------------------------------------------------------------------
                104.3   105.2   32.20     0.9    Shallow gold mineralization
          ------------------------------------------------------------------
                120.8   125.2    3.51     4.4    Shallow gold mineralization
          ------------------------------------------------------------------
                223.7   224.3   14.80     0.6             Isolated intercept
----------------------------------------------------------------------------
----------------------------------------------------------------------------
EAG-12-445                                            No significant results
----------------------------------------------------------------------------
----------------------------------------------------------------------------
EAG-12-446       74.7    79.1    3.01     4.4    Shallow gold mineralization
          ------------------------------------------------------------------
                120.5   129.1    3.51     8.6    Shallow gold mineralization
          -----------------------------------                               
          Incl. 121.8   125.2    7.47     3.4                               
----------------------------------------------------------------------------
----------------------------------------------------------------------------
EAG-12-447                                            No significant results
----------------------------------------------------------------------------
----------------------------------------------------------------------------
The true widths are interpreted to be approximately 70 percent of reported  
 width.                                                                     

 
Gold analyses reported in this release were performed by standard
fire assay using a 30-gram charge with atomic absorption finish and a
gravimetric finish for assays greater than 10 grams per tonne and by
metallic sieve method for samples containing significant amounts of
pyrite or visible gold. All assays were performed by ALS Chemex
Laboratory Group, in Val d'Or, Que. Sampling and analytical
procedures are subject to a comprehensive quality assurance and
quality control program. The QA-QC program includes duplicate
samples, blanks and analytical standards.  
Jean-Philippe Desrochers, PhD, PGeo, is a qualified person registered
in Quebec as defined by NI-43-101 and has reviewed the technical
information that this press release contains.  
About the Windfall Lake Property  
The Windfall Lake Property is comprised of 362 contiguous claims
(over 12,000 hectares) in the Abitibi mineralized belt of northern
Quebec. This area between Val-d'Or and Chibougamau is known for its
gold and copper production and excellent infrastructure for
exploration and mining. Historically, the Windfall Lake Property has
had extensive grassroots exploration work. Along with its
independently acquired claims at the Windfall Lake Property, Eagle
Hill has also signed options with Murgor Resources Inc., Cliffs
Natural Resources Inc. (formerly, Freewest Resources Canada Inc.),
and Noront Resources Ltd. to acquire the Windfall Lake Property.
During July 2012, the Company received its second mineral resource
estimate, the results of which are displayed in the table below: 


 
----------------------------------------------------------------------------
                      Quantity          Grade Gold            Contained Gold
                 ('000 tonnes)               (g/t)                  (ounces)
----------------------------------------------------------------------------
Indicated                1,665               10.05                   538,000
----------------------------------------------------------------------------
Inferred                 2,906                8.76                   822,000
----------------------------------------------------------------------------

 
About Eagle Hill Exploration Corporation  
Eagle Hill Exploration Corporation is a Canadian mineral exploration
company focused on the exploration and development of gold and
precious metal prospects. The Company is set to become an advanced
stage gold exploration company with its acquisition of the Windfall
Lake high grade gold project, located in Urban Township, Quebec,
between Val-d'Or and Chibougamau. Eagle Hill seeks projects that
contain or have potential to have large resource potential. The
Company's website at www.eaglehillexploration.com and public filings
at www.sedar.com provide additional information on its properties and
other information with respect to its management and operations. 
ON BEHALF OF THE BOARD,  
P. Bradley Kitchen, President 
FORWARD-LOOKING STATEMENTS 
This release contains "forward-looking statements" within the meaning
of applicable Canadian securities legislation, including predictions,
projections and forecasts. Forward-looking statements include, but
are not limited to, statements that address activities, events or
developments that the Company expects or anticipates will or may
occur in the future, including such things as future business
strategy, competitive strengths, goals, expansion, growth of the
Company's businesses, operations, plans and with respect to
exploration results, the timing and success of exploration activities
generally, permitting time lines, government regulation of
exploration and mining operations, environmental risks, title
disputes or claims, limitations on insurance coverage, timing and
possible outcome of any pending litigation and timing and results of
future resource estimates or future economic studies.  
Often, but not always, forward-looking statements can be identified
by the use of words such as "plans", "planning", "planned", "expects"
or "looking forward", "does not expect", "continues", "scheduled",
"estimates", "forecasts", "intends", "potential", "anticipates",
"does not anticipate" or "belief" or describes a "goal" or variation
of such words and phrases or state that certain actions, events or
results "may", "could", "would", "might" or "will" be taken, occur or
be achieved.   
Forward-looking statements are based on a number of material factors
and assumptions, including, the result of drilling and exploration
activities, that contracted parties provide goods and/or services on
the agreed timeframes, that equipment necessary for exploration is
available as scheduled and does not incur unforeseen break downs,
that no labour shortages or delays are incurred, that plant and
equipment function as specified, that no unusual geological or
technical problems occur, and that laboratory and other related
services are available and perform as contracted. Forward-looking
statements involve known and unknown risks, future events,
conditions, uncertainties and other factors which may cause the
actual results, performance or achievements to be materially
different from any future results, prediction, projection, forecast,
performance or achievements expressed or implied by the
forward-looking statements. Such factors include, among others, the
interpretation and actual results of current exploration activities;
changes in project parameters as plans continue to be refined; future
prices of gold; possible variations in grade or recovery rates;
failure of equipment or processes to operate as anticipated; the
failure of contracted parties to perform; labour disputes and other
risks of the mining industry; delays in obtaining governmental
approvals or financing or in the completion of exploration, as well
as those factors disclosed in the company's publicly filed documents.
Although the Company has attempted to identify important factors that
could cause actual actions, events or results to differ materially
from those described in forward-looking statements, there may be
other factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements.  
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
Contacts:
Network IR (Vancouver)
Andrew Mugridge / Benjamin Curry
604.559.5573/Cellular: 604.764.6847
andrew@networkir.com
www.networkir.com 
MI3 Communications Financières Inc. (Montréal)
Nathalie Dion
514.904.1333
nathalie@mi3.ca
www.mi3.ca
 
 
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