Eagle Hill Reports up to 97 Percent Gold Recovery at Windfall Lake
Vancouver, British Columbia -
July 26, 2011 (TSX-V: EAG) Eagle Hill Exploration Corporation (“Eagle Hill” or the “Company”) announces
today that results from initial metallurgical test work from the Windfall Lake Property (the “Property”
or the “Windfall Lake Property”) in Quebec demonstrate gold recoveries up to 97%.
The initial
metallurgical testing indicates that gold recovery can be achieved by conventional processing. A total
of 17% of the gold was recovered through gravity and an additional 80% was recovered in gold bearing
sulphide flotation concentrate. Additional mineralogical testing is underway to evaluate the
distribution of the gold grains in the gravity and the flotation concentrates. This information will be
used to plan further metallurgical optimization studies.
Dr. Jean-Philippe Desrochers, Chief
Geologist of Eagle Hill commented: “These positive metallurgical results speak well for the high quality
of this gold resource at Windfall Lake. The results show that gold recoveries at the Property can be
successfully achieved with simple gravity and flotation processes. Since metallurgical recovery is a key
component in the economic evaluation of mining projects, the Company decided to address the
metallurgical risks early in the planning process to develop an economically viable gold
deposit.”
The initial metallurgical test was conducted on a 10 kg sample collected from quarter split
core of Zone 27 (drillhole EAG-10-196, 254 to 278 meters). This mineralization is typical of the
Windfall gold deposit and consists of 5-15% disseminated pyrite and stringers hosted in a sericitized
felsic volcanic rock unit.
Test work was conducted by G&T Metallurgical Services Ltd. of Kamloops,
British Columbia, Canada. G&T is a highly reputable independent laboratory with more than 20 years
experience in the field. The Property’s metallurgical work by G&T was managed by Thomas Shouldice P.Eng,
a Qualified Person under National Instrument 43-101.
Previous metallurgical testing, completed in the
fall of 2008 by Laboratoire LTM Inc. at the request of Noront Resources Ltd., on two other gold zones at
the Windfall Lake Property indicated recoveries reaching 94% for the F-11 zone and 89% for the F-17 gold
zone.
Jean-Philippe Desrochers, Ph.D., P.Geo.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 historic grassroots exploration work. Along
with its independently acquired claims at the Windfall Lake Property, Eagle Hill has 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.
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 and precious metal 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.
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.
ON BEHALF OF
THE BOARD,
“P. Bradley Kitchen”
P. Bradley Kitchen, President
For further information, please
contact:
David Matousek, Corporate Communications
Eagle Hill Exploration Corporation
Telephone:
604.697.5791
Email: info@eaglehillexploration.com
Website: www.eaglehillexploration.com
Nathalie
Dion
MI3 Communications Financières Inc. (Montréal)
Telephone: 514.904.1333
Email:
nathalie@mi3.ca
Website: www.mi3.ca
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.
|