On the Exploration update (May 10, 2013) "... The Company's focus over the next year will be to increase the quality of the gold resource from inferred to indicated through systematic definition drilling and to continue with exploratory drilling efforts both below and to the southwest of our current gold resource in an effort to further expand the size of this gold deposit. The objective of this drilling is to increase gold ounces in the indicated category so they can be converted into reserves. While expanding the mineral resource, Eagle Hill will work towards completing a bankable Feasibility Study (the "FS"), with an estimated completion time of 30 months from today."