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Eagle Hill Exploration To Conduct Private Placement

Investing News Network
Apr. 18, 2012 08:56AM PST
Gold Investing

Eagle Hill Exploration Corporation(TSXV:EAG) completes 25,000 meter drill program on its Windfall Lake Gold deposit. The Company announced additional drill results after the completion of the drill program at the property. Eagle Hill will also be taking part in a small private placement for gross proceeds of $300,000. The placement is subject to final regulatory approval.

 Eagle Hill Exploration Corporation(TSXV:EAG) completes 25,000 meter drill program on its Windfall Lake Gold deposit. The Company announced additional drill results after the completion of the drill program at the property. Eagle Hill will also be taking part in a small private placement for gross proceeds of $300,000. The placement is subject to final regulatory approval.

 

As quoted in the press release:

Eagle Hill is still awaiting the final assay results for drill holes EAG-12-347 to EAG-12-366. All results will be released as soon as they become available. Eagle Hill has now completed its 25,000 meters drill program. Another phase of drilling is also planned for the summer 2012 and will start at the end of May.

Eagle Hill, President and CEO, Brad Kitchen, commented:

The extension of the high grade gold zone, Zone 27, to near surface could have a very positive impact on the economic parameters of the development of the Windfall Lake Property.

Click here to read the Eagle Hill Exploration Corporation (TSXV:EAG) press release

private-placement drill-results tsxv-eag
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