EAG

Eagle Hill Exploration Corporation (TSX VENTURE:EAG)(OTCQX:EHECF)(FRANKFURT:EH0)
("Eagle Hill" or the "Company") is pleased to announce a private placement (the
"Financing") with Laurentian Bank Securities acting as lead agent (the "Agent").
The total gross proceeds under the Financing will be up to C$2.0 million of
flow-Through shares (the "Flow-Through Shares") at a price of C$0.185 per Quebec
Flow-through Share (the "QFT Price") and at a price of C$0.17 per National
Flow-Through Share (the "NFT Price"). The Company has also granted the Agent an
over-allotment option to raise additional gross proceeds of C$1.0 million.


The Company will pay the Agent a cash fee equal to 7% of the gross proceeds
raised in connection with the Financing.


The Financing will be subject to TSX Ventures Exchange and regulatory approval.
Proceeds of the Financing will be used for further exploration and development
of the Windfall Lake Property.


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 grassroots exploration work. Along with its
independently acquired claims at the Windfall Lake Property, Eagle Hill has also
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. During July 2012, the Company received its second
mineral resource estimate, the results of which are displayed in the table
below:




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



Jean-Philippe Desrochers, PhD, PGeo, 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 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 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

FOR FURTHER INFORMATION PLEASE CONTACT: 
Eagle Hill Exploration Corporation
Andrew Mugridge / Benjamin Curry
604.764.6847
info@eaglehillexploration.com
www.eaglehillexploration.com


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

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