EAG

EAGLE HILL EXPLORATION ("EAGLE HILL") (TSX VENTURE:EAG) is pleased to announce
the company has signed an Exploration Agreement for its Windfall Lake Project
with the Grand Council of the Cree (Eeyou Istchee) / Cree Regional Authority and
the Cree First Nation of Waswanipi.


The Agreement has been developed on the principle of mutual respect between the
parties, and the interests of all stakeholders in seeing continued exploration
at Windfall Lake. It provides for business and employment opportunities for the
Cree. 


The agreement provides the completion of a comprehensive Business and Employment
Capacity Study to assess the full potential for Cree business and employment
opportunities, and the creation of a joint Implementation Committee.


This significant milestone, was built upon good faith and dialogue between the
parties. 


"Thanks to the collaboration of the Cree of Eeyou Istchee, in particular the
Cree First Nation of Waswanipi, Windfall Lake promises to have a positive impact
on the region. In addition, to providing for meaningful benefits to all
stakeholders, this agreement confirms the support of involved parties in the
pursuit of activities and studies necessary to enhance the value of our
project." stated Brad Kitchen, President, Eagle Hill Exploration. 


Chief Paul Gull from the Cree First Nation of Waswanipi stated: "Our community
and the Council of the Cree First Nation of Waswanipi are eager to collaborate
with the mineral exploration and mining industry. We recognize that this
industry has a corporate social responsibility to follow in the footsteps of
Eagle Hill. The signing of this agreement ensures that there will be meaningful
participation by our local members without sacrificing sustainability. It is an
important step for all parties."


About the Windfall Lake Property

The Windfall Lake Property is comprised of 370 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 Inc. to acquire
the Windfall Lake Property. During July 2012, the Company received its second
mineral resource estimate, the results of which are displayed in the table
below:




------------------------------------------------------------
                      Quantity          Grade      Contained
                  ('000 tonnes)     Gold (g/t)  Gold (ounces)
------------------------------------------------------------
Indicated                1,665          10.05        538,000
------------------------------------------------------------
Inferred                 2,906           8.76        822,000
------------------------------------------------------------



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.


ON BEHALF OF THE BOARD,

P. Bradley Kitchen, President

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", "looking forward",
"does not expect", "continues", "scheduled", "estimates", "forecasts",
"intends", "potential", "anticipates", "does not anticipate", "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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Eagle Hill Exploration Corporation
David Matousek
Corporate Communications
604.697.5791
info@eaglehillexploration.com
www.eaglehillexploration.com


MI3 Communications Financieres Inc. (Montreal)
Nathalie Dion
514.904.1333
nathalie@mi3.ca
www.mi3.ca

(TSXV:EAG)
Historical Stock Chart
From Jun 2024 to Jul 2024

(TSXV:EAG)
Historical Stock Chart
From Jul 2023 to Jul 2024