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Eagle Hill confirms potential to extend strike length at Windfall by over 7km

Published: 20:38 24 Aug 2011 BST

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Eagle Hill Exploration Corp (CVE:EAG) announced Wednesday that results from the completed 16,400-metre drill program at its Windfall Lake property in Quebec confirmed the presence of a new gold zone, possibly extending the known strike length by 7.5 kilometres.

The Windfall Lake property is comprised of over 362 claims covering 12,000 hectares in the Abitibi mineralized belt of northern Quebec.

The drill program, which began in December 2010, intersected several east-northeast-trending gold zones, over a 1.2-kilometre strike length.

These intersections included 20.8 grams per tonne (g/t) gold over 1.0 metre, which expanded Zone 27 to within 100 metres of surface, and 1.9 g/t gold over 9.0 metres from the Mink zone, each in hole EAG-11-283.

Other notable results include 2.8 grams per tonne (g/t) gold over 16 metres in the Caribou zone from hole EAG-11-284.

Meanwhile, hole EAG-11-288 found 7.47 g/t gold over 14.2 metres in the new gold-bearing zone.

This new zone is located along a potential 7.5 kilometre strike length. The 7.5 kilometre shear plane has had impressive historical numbers, Eagle Hill said, including 62 g/t from Rio Alto Mining's previous drilling, though zones were never outlined. This means the company has blue-sky potential to add to resources.

"The company is thrilled with the assay values that will be incorporated in Windfall Lake’s first NI 43-101 compliant gold resource calculation but is even more excited with the discovery of gold along a 7.5 kilometer shear zone," said president and CEO, Brad Kitchen.

"The resource calculation should define a strong inferred value for the Windfall Lake asset and the discovery of a new strike extension of potentially 7.5 kilometers will provide significant exploration upside, and add further value to the property as new gold mineralization is proven out."

Eagle Hill said it expects this resource estimate, which will include all the results from the latest drill program, to be completed in early October this year.

A new drill program is slated to begin on the property in October also, and will test the 7.5-kilometre zone intersected in EAG-11-288, as well as expand known gold zones and explore potential for gold below the intrusion.

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