News 47.4m of 2.58g/t Au 31.9m of 5.63g/t AuI like. Makes sense why the stock moved. Last jump up went to 0.215.....lets see if this will make it above. Great news,
management with previous success.....I like. Will add to my position under 0.20.
Please do your due diligence
Cheers
Eagle Hill drills 2.58 g/t Au over 47.4 m at Windfall
Ticker Symbol: C:EAG
Eagle Hill drills 2.58 g/t Au over 47.4 m at Windfall
Eagle Hill Exploration Corp(C:EAG)
Shares Issued 55,141,659
Last Close3/3/2010
.17
Thursday March 04 2010 - News Release
Mr. P. Bradley Kitchen reports
EAGLE HILL EXPLORATION CORP.: NEW ASSAY RESULTS CONTINUE TO INCREASE GRADE AND WIDTH OF GOLD MINERALIZED ZONES AT WINDFALL LAKE
EagleHill Exploration Corp. has released the final assay results from thesplitting and assaying of 8,700 metres of previously drilled, butunsampled, core from the Windfall Lake property, Quebec.
Thesefinal assay results continue to indicate the presence of significantgold grades over wide mineralized intervals such as 2.58 g/t gold over47.4 meters and 5.63 g/t gold over 31.9 meters. Very high grade goldvalues over narrow intervals, such as 106.00 g/t gold over 1.0 meterand 148.97 g/t gold over 0.85 meters are also reported.
Earlierassay results and historic information lead Eagle Hill to realize that,in addition to extremely rich, but narrow structures, the goldmineralization at the Windfall Lake Property also occurs in largeintervals with consistent gold grades. The new assay results allow theCompany to now replace sections of core previously deemedun-mineralized, with new gold values, resulting in much wider andconsistently mineralized gold zones.
The following table shows asampling of some of the newly expanded intersections. The new assayresults have also increased the grade of these zones.
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New Assay Values
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Hole Number From (m) To (m) Length (m) Au (g/t) Comment
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NOT-07-140 361.20 362.20 1.00 5.30
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NOT-06-103 41.20 51.00 9.80 2.54 Uncut
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41.20 51.00 9.80 2.14 Cut to 15 g/t
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Including 44.00 45.00 1.00 18.95
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NOT-06-101 265.00 312.40 47.40 2.58 Uncut
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265.00 312.40 47.40 2.26 Cut to 15 g/t
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NOT-06-94 369.60 370.40 0.80 10.95
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NOT-06-93 222.00 234.65 12.65 2.40 Uncut
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222.00 234.65 12.65 2.21 Cut to 15 g/t
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Including 224.95 226.35 1.40 16.00
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NOT-05-81 337.10 369.00 31.90 5.63 Uncut
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337.10 369.00 31.90 1.88 Cut to 15 g/t
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Including 365.75 366.60 0.85 148.97
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NOT-05-79 48.80 62.00 13.20 10.35 Uncut
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48.80 62.00 13.20 1.84 Cut to 15 g/t
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93.90 112.30 18.40 1.24 All values below 15g/t
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160.30 170.00 9.70 1.25 All values below 15g/t
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NOT-05-74 221.00 229.00 8.00 1.73 Uncut
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FUR-03-01 118.00 124.80 6.80 1.72
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Including 119.00 120.00 1.00 4.18
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FUR-03-07 40.00 41.00 1.00 106.00
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Note: The following intervals were published by Noront Resources Ltd.:
-- On Dec 15, 2005:
NOT-05-79:10.5 m @ 1.6 g/t Au at 48.8 m, NOT-05-79: 1.0 m @ 11.2 g/t Au
at 93.9m, NOT-05-79: 2 m @ 1.4 g/t Au at 101.4m,NOT-05-79 2.9 m @ 2.7
g/t Au at 160.3m, NOT-05-81: 1.05 m @ 10.5 g/t Au at 350.4m, NOT-05-81:
11.7 m @ 1.0 g/t Au (but the entire interval was not sampled), NOT-05-81
3.45 m @ 33.4 g/t Au (uncut) at 363.15m,
-- On Dec 29, 2006:
NOT-06-101 10.0 m @ 5.1 g/t at 275.0m, NOT-06-101 5.4 m @ 4.4 g/t Au at
307.0m. The true widths of the mineralized zones vary between 60% to 80% of the length of the intervals reported in the table above.
Thenew values listed above complete the assay results from an 8,700 meterdrill core sampling program of previously drilled, but unsampled, coreat the Windfall Lake property. An aggressive exploration program iscurrently underway at the Windfall Lake Gold project with a 7,000 meterexploration drilling program, under the management of Murgor Resources'technical team. Assay results will continue to be released as theybecome available.
This new data, combined with the historicalresults, calls for Eagle Hill to refine the exploration model and tofocus on both high grade vein deposits encompassed within a bulktonnage scenario for the Windfall Lake Property. By comparison, bulktonnage underground mines are currently operating in the Val D'Or area,including the Goldex mine, with a proven mineral reserve grading 1.95g/t gold.
Gold analyses reported in this release were performedby standard fire assay using a 30g charge with Atomic Absorption finishand a gravimetric finish for assays greater than 10 g/t. All assayswere performed by ALS Chemex Laboratory Group, in Val D'Or, QC.Sampling and analytical procedures are subject to a comprehensiveQuality Assurance and Quality Control program conceived by MurgorResources' technical team. The QA-QC program includes duplicatesamples, blanks and analytical standards.
Dr. Jean-PhilippeDesrochers, P.Geo. and Vice-President of Exploration for MurgorResources Inc. is a Qualified Person as defined by NI-43-101 thatsupervised the field work reported in this press release and reviewedthe technical information it contains. Murgor Resources Ltd. ("Murgor")has entered into a services contract with the Company in which Murgorwill conduct the exploration on the Windfall Lake Property (see theCompany's press release dated Oct. 13, 2009).
About the Windfall Lake gold project
TheWindfall Lake Property is comprised of 340 contiguous claims (10,991hectares) in the Abitibi mineralized belt of northern Quebec. This areabetween Val d'Or and Chibougamau is known for its gold and copperproduction and excellent infrastructure for exploration and mining.Historically, the Windfall Lake Property has had extensive historicgrassroots exploration work. Eagle Hill has signed options with MurgorResources Inc., Freewest Resources Canada Inc., and Noront ResourcesInc. to acquire 340 contiguous claims for a total of 10,991 hectares.
? 2010 Canjex Publishing Ltd.