Update
May 04, 2011 08:30 ET
Eagle Hill Intersects 8.97 g/t Gold Over 8.0 Meters at the Windfall Lake Property and Expands the Caribou Zone
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 4, 2011) -Eagle Hill Exploration Corporation(TSX VENTURE:EAG) ("EagleHill" or the "Company") is pleased to announce that it has receivedassay results from an additional 8 drill holes from the Company's 2011drill program. The results of the drilling confirm the extension of theCaribou Zone to the east and the west and expand Zone 27 further to theeast while continuing to prove out the continuity of the goldmineralization on the Windfall Lake Property (the "Windfall LakeProperty" or the "Property").
Drill hole EAG-11-258 expanded theCaribou zone by 200 meters to the west with an intersection of 20.82 g/tAu over 2.0 m, only 85 meters below surface. This drill hole targeted awell-defined geophysical conductor extending to the west from theCaribou zone. The Caribou Zone was also extended to the east with drillhole EAG-11-262 that returned 8.97 g/t Au over 8.0 m. This drill holetested a 150 meter undrilled sector between the Caribou Zone to the westand the W3 Zone to the east and this new intersection suggests that thetwo zones might be connected. Further drilling during the summer willtest this continuity.
EAG-11-259 intersected 7.94 g/t Au over 2.0meters within the Mink zone at 265 meters below surface. The drillingwas also successful at identifying new gold mineralization between theCaribou and Mink Zones with 4.67 g/t Au over 7.0 m (EAG-11-255). Newgold mineralization associated with pyrite stockwork was alsointersected some 40 meters to the northwest of Zone 27 and returned 5.20g/t Au over 5.1 m (EAG-11-259).
Eagle Hill has now completed itsscheduled 10,000 meter drill program and the assay results of only thelast 6 holes are still pending. A map of the Windfall Lake Propertyoutlining the location of the gold zones, drill holes and areas ofpotential expansion has been posted on Eagle Hill's website at www.eaglehillexploration.com/windfall_lake_property/maps/.
Thefollowing table shows the most material assay results from the eightdrill holes. A complete table of results will be shown in the nearfuture on Eagle Hill's website.
The true widths are approximately 70% of reported width.
Goldanalyses reported in this release were performed by standard fire assayusing a 30 gram charge with atomic absorption finish and a gravimetricfinish for assays greater than 10 grams per ton. Assays returningresults over 1 ounce per ton of gold by atomic absorption are re-assayedusing the metallic sieve method. All assays were performed by ALSChemex Laboratory Group, in Val d'Or, Quebec. Sampling and analyticalprocedures are subject to a comprehensive quality assurance and qualitycontrol program. The QA-QC program includes duplicate samples, blanksand analytical standards.
Jean-Philippe Desrochers, Ph.D., P.Geo.is a Qualified Person registered in Quebec as defined by NI-43-101 andhas reviewed the technical information that this press release contains.
About the Windfall Lake Property
TheWindfall Lake Property is comprised of 362 contiguous claims (over12,000 hectares) in the Abitibi mineralized belt of northern Quebec.This area between Val d'Or and Chibougamau is known for its gold andcopper production and excellent infrastructure for exploration andmining. Historically, the Windfall Lake Property has had extensivehistoric grassroots exploration work. Along with its independentlyacquired claims at the Windfall Lake Property. Eagle Hill has signedoptions with Murgor Resources Inc., Cliffs Natural Resources Inc.(formerly, Freewest Resources Canada Inc.), and Noront Resources Inc. toacquire the Windfall Lake Property.
About Eagle Hill Exploration Corporation
EagleHill Exploration Corporation is a Canadian mineral exploration companyfocused on the exploration and development of gold and precious metalprospects. The Company is set to become an advanced stage gold andprecious metal exploration company with its acquisition of the WindfallLake high grade gold project, located in Urban Township, Quebec, betweenVal-D'Or and Chibougamau. Eagle Hill seeks projects that contain orhave potential to have large resource potential. The Company's websiteat 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