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    Eagle Hill Exploration Reports 126% Increase in Inferred and 61% in Indicated Gold Ounces at Higher Grade at Windfall Lake Deposit

    Investing News Network
    Jul. 25, 2012 09:38AM PST
    Gold Investing

    Eagle Hill Exploration Corporation (TSXV:EAG,OTCQX:EHECF,FWB:EH0) announced an updated mineral resource statement, stating a significant increase in the total amount of gold ounces and an important increase in grade due to additional drilling and improved domain modelling: 126% Increase in Inferred and 61% in Indicated Gold Ounces at Higher Grade at Windfall Lake Deposit.

    Eagle Hill Exploration Corporation (TSXV:EAG,OTCQX:EHECF,FWB:EH0) announced an updated mineral resource statement, stating a significant increase in the total amount of gold ounces and an important increase in grade due to additional drilling and improved domain modelling: 126% Increase in Inferred and 61% in Indicated Gold Ounces at Higher Grade at Windfall Lake Deposit.

    As quoted in the press release:

    The results of the updated gold resource indicate:

    • A 61% increase in the total amount of gold ounces in the indicated category with a 10% increase in grade to 10.05 grams per ton of gold;
    • A 126% increase in the total amount of gold ounces in the inferred category with a 31% increase in grade to 8.76 grams per ton of gold;
    • 40% of the Gold Resource is in the Indicated category;
    • Mineral Resource reported at a cut-off grade of 3.0 gram of gold per tonne (“g/t of Gold”):
      • Indicated Resource of 1.665 million tonnes at 10.05 g/t of Gold (538,000 Gold ounces)
      • Inferred Resource of 2.906 million tonnes at 8.76 g/t of Gold (822,000 Gold ounces)

    Click here to read the Eagle Hill Exploration (TSXV:EAG,OTCQX:EHECF,FWB:EH0) press release

    See this press release on Marketwire
    Click here to see the Eagle Hill Exploration (TSXV:EAG,OTCQX:EHECF,FWB:EH0) profile

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