EAG

Eagle Hill Exploration Corporation (TSX VENTURE:EAG) ("Eagle Hill" or the
"Company") is pleased to announce that, following completion of the $12 million
private placement by Southern Arc Minerals Inc. and Dundee Corporation, the
Company has finalized the acquisition of Noront Resources Inc.'s ("Noront") 25%
interest in the Windfall Lake Property, as well as Noront's royalty interests
and rights associated with the property.


With this consolidation complete, Eagle Hill now owns 100% of the Windfall Lake
Gold Deposit, a Quebec high-grade gold exploration project currently hosting an
indicated resource of 538,000 ounces of gold at 10.1 g/t gold, and 822,000
ounces of gold at 8.8 g/t gold in the inferred resource category (as previously
announced on July 25, 2012). This has also removed Noront's buy-back option,
royalties and a future preferential payment from Eagle Hill of $11.9 million
from potential production cash flow.


Eagle Hill has paid to Noront a cash consideration of $5,000,000 and issued 25
million Eagle Hill common shares, subject to a hold period of four months. 


"Eagle Hill now owns 100% of the Windfall Lake Gold Deposit, free and clear,"
said John Proust, Chairman and Interim CEO of Eagle Hill. "Consolidating
ownership has enhanced the value of the project for Eagle Hill and its
shareholders, retaining full upside as the project advances."


On Behalf of the Board,

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. Southern Arc
Minerals and Dundee Corporation each hold a 26.14% interest in Eagle Hill and
recently invested an aggregate of $12 million to fund an aggressive exploration
program. More information is available on the Company's website at
www.eaglehillexploration.com or by emailing info@eaglehillexploration.com. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as such
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Qualified Person

The technical information in this document has been reviewed by Eagle Hill's
Vice President Exploration, Dr. Jean-Philippe Desrochers, Geo, who has
sufficient experience relevant to the style of mineralization under
consideration and qualifies as a Qualified Person as defined by National
Instrument 43-101. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Eagle Hill Exploration Corporation
Rhylin Bailie
Vice President, Communications & Investor Relations
604-630-9661
info@eaglehillexploration.com
www.eaglehillexploration.com

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