Eagle Hill’s Summer 2014 Deep Drill Program Further Highlights Depth Potential of the Windfall Lake Gold Project

Press Release

November 10, 2014 – Vancouver, BC – Eagle Hill Exploration Corporation (TSX-V: EAG, OTCQX: EHECF) (“Eagle Hill” or the “Company”) is pleased to announce the results of its Summer 2014 drilling program targeting the depth extension of gold mineralization at the Windfall Lake Gold Project. Windfall Lake is a high-grade gold deposit located between Val-d’Or and Chibougamau in Quebec, Canada.

The Windfall Lake gold deposit had been well defined from surface to a depth of approximately 500 metres by previous drilling campaigns. During its Fall 2013 drilling program, Eagle Hill drilled 11 deep holes below the Red Dog intrusion (“Red Dog”). This 4,759 metre drill program confirmed the continuity of gold mineralization below Red Dog in three sparsely drilled lenses to a depth of approximately 870 metres, delineating an inferred mineral resource of 455,000 tonnes at a grade of 8.21 g/t gold (for 120,000 contained ounces of gold at depth).

A structural re-interpretation of the deposit indicated that the gold mineralization hosted by Zone 27 and the Caribou Zone (the major resource zones in the Windfall Lake deposit) may have been displaced to the north below Red Dog. A hole-to-hole Induced polarization (“IP”) anomaly identified below Red Dog further supported this interpretation (Figure 1). Eagle Hill’s Summer 2014 drill program consisted of deepening five existing drill holes (Figure 2, Table 1) to test for gold mineralization in the displaced zones below Red Dog at a vertical depth of approximately 650 metres. A total of 2,039 metres of new drilling was completed.

Mineralization at the Windfall Lake deposit is closely associated with pyrite and minor chalcopyrite. The new drill holes intersected pyrite intervals up to 26 metres thick similar to gold-bearing mineralization in Zone 27 above Red Dog, and could be interpreted as the displaced down-dip extension of Zone 27 (Figure 1).

Highlight drill intercepts in the displaced lens include 9.96 g/t gold over 5.8 m, 7.96 g/t gold over 2.1 m, 8.61 g/t gold over 0.9 m, and 8.35 g/t gold over 0.3 m. While these intercepts are narrower than what has typically been encountered in Zone 27 above Red Dog, the grades are similar and Eagle Hill’s technical team believes there is potential to discover wider gold-bearing intercepts with additional drilling.

Drilling to date shows that the displaced lens interpreted to be Zone 27 has a strike length of approximately 1,000 metres with a higher-grade interval measuring 400 metres vertically. This lens is currently known to a depth of 870 metres below surface, but remains open at depth and down-plunge to the ENE (Figure 2).

Another lens was intersected at a shallower depth (500 metres below surface). Drill hole EAG-12-421 intersected this lens with an interval assaying 9.71 g/t gold over 7.5 m and is interpreted as the depth extension of the Caribou Lens.

This new drilling underscores the potential to increase the size of the Windfall Lake deposit directly below the known mineral resource. The 4,759 metres from the Fall 2013 program added 120,000 inferred ounces below the Red Dog intrusion to the Windfall Lake mineral resource. Additional drilling in these newly identified lenses could likewise add additional ounces to the mineral resource. In October 2014 Eagle Hill completed additional downhole IP surveys in the five extended drill holes to further define drill targets. Results are expected within the next three weeks and will be used in conjunction with the drill results to plan additional drilling at depth, with the objective of expanding the size of the deposit.

Eagle Hill Exploration commenced a Preliminary Economic Assessment Study (“PEA”) in September, with completion targeted for Q1-2015. To date the study is on schedule and budget. The scope of the PEA will focus on the mining potential and economics of the previously reported Windfall Lake Gold Project resources defined above the Red Dog intrusion (Eagle Hill news release dated April 21, 2014). The results of the Summer 2014 drilling below Red Dog will not be included in the scope of the PEA. However, these drill holes have confirmed the upside potential to expand the Windfall Lake mineral resource with additional drilling at depth.

On Behalf of the Board of Directors

“John Proust”

Chairman and Interim CEO

About Eagle Hill Exploration Corporation

Eagle Hill Exploration Corporation is a Canadian mineral exploration company focused on the exploration and development of the high-grade Windfall Lake gold deposit, located between Val-d’Or and Chibougamau in Quebec, Canada. The current mineral resource comprises 2,375,000 tonnes at 9.75 g/t gold (744,000 ounces) in the indicated category and 3,084,000 tonnes at 7.37 g/t gold (731,000 ounces) in the inferred category (Technical Report for the Windfall Lake Gold Project, Quebec prepared by SRK Consulting (Canada) Inc., dated March 3, 2014). These grades make Windfall Lake one of the highest grade resource-stage gold projects in the world. The bulk of the mineralization occurs in the Main Zone, a southwest/northeast trending zone of stacked mineralized lenses, measuring approximately 600 metres wide and at least 1,400 metres long. The deposit remains open at depth and along strike. More information is available at www.eaglehillexploration.com.

Eagle Hill Contact

Rhylin Bailie
Vice President, Communications & Investor Relations
Telephone: 604-697-5791
Email: info@eaglehillexploration.com

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