EAG

Eagle Hill Exploration Corporation (TSX VENTURE:EAG) (OTCQX:EHECF) ("Eagle Hill"
or the "Company") is pleased to release the final assay results from its Fall
2013 drill program at the Windfall Lake Gold Project ("Windfall Lake"). Eagle
Hill completed a total of 28,107 metres of diamond drilling in 78 drillholes
between September 12 and December 20, 2013, with the objective of expanding the
known mineral resource. 


Highlights of the latest assay results are shown in Figure 1 and summarized in
Table 1. Additional assay results from the Fall 2013 drill program were
previously released on November 5 and December 19, 2013.


The drill program was focused in three areas: testing a large, sparsely drilled
anomaly to the southwest of the Main Zone, drilling lateral extensions of known
gold lenses within the Main Zone, and testing the extension of mineralization at
depth below the non-mineralized Red Dog intrusion ("Red Dog"). Eagle Hill also
completed a hole-to-hole Induced Polarization ("IP") survey to identify
anomalies below Red Dog, and the first surface IP survey in the south part of
the property where surface exploration had identified NE-trending lineaments
similar to the Main Zone.


Highlights of Fall 2013 Drill Program 



--  Expanded Zone 27 by 40 metres up-plunge, for a total known strike of 800
    metres 
--  Expanded Mink Lens 50 metres down-dip and 60 metres to ENE, for a total
    known strike of 500 metres 
--  Confirmed continuity of mineralization below Red Dog 
--  Confirmed extension of mineralization to the southwest of the Main Zone 
--  Down-hole IP survey showed additional potential below Red Dog 



Southwest of Main Zone

The first 11 holes (4,821 metres) in the Fall 2013 drill program tested
geophysical anomalies southwest of the tested limit of the Main Zone gold
mineralization. The Company drilled three sections, stepping out 150, 300 and
500 metres along strike. Each section intersected significant gold
mineralization, confirming the potential to extend the known gold resource in
this direction. 


Eagle Hill then drilled an additional 3,552 metres in seven drillholes and one
wedge to follow up on drillholes EAG-13-472 (6.58 grams per tonne ("g/t") gold
over 3.5 m) and EAG-13-478 (3.01 g/t gold over 10.2 m) (see Eagle Hill press
release dated November 5, 2013). This further drilling returned the following
encouraging intersections:




Section 1875    EAG-13-506      16.7 g/t gold over 1.0 m from 49.0 m        
Section 1800    EAG-13-523      28.7 g/t gold over 0.4 m from 28.7 m        
Section 1825    EAG-13-524      9.1 g/t gold over 0.9 m from 435.9 m        



These results further underscore the potential to expand the deposit to the
southwest. Eagle Hill plans to drill additional infill holes in 2014 to the
southwest of the Main Zone to identify a mineral resource in this area.


Main Zone Extensions

A total of 47 holes for 18,391 metres were drilled in the Main Zone to test for
extensions of the major resource lenses (the Zone 27, Caribou, Mink and Mallard
zones). Drilling confirmed the continuity of gold mineralization in higher-grade
shoots and more specifically in Zone 27, which hosts the bulk of the mineral
resource at Windfall Lake. 


In Zone 27 (Figure 2), a number of drillholes were successful at expanding its
known dimensions both to the southwest and up-plunge. Highlight intervals
include:




Section 2075    EAG-13-528      3.3 g/t gold over 22 m from 25.0 m          
                      inc.      28.0 g/t gold over 1.7 m from 26.0 m        



This intersection expands Zone 27 by another 40 metres to the southwest and upward.



Section 2175    EAG-13-527      415.7 g/t gold over 7.8 m from 226.2 m      
                      inc.      1,196 g/t gold over 2.7 m from 229.6 m      
                      inc.      6,070 g/t gold over 0.5 m from 231.0 m      



This intercept increases the high-grade lower portion of Zone 27 by another 40
metres up-plunge. 




Section 2300    EAG-13-512      3.9 g/t gold over 15.0 m from 292.0 m       
                      inc.      19.4 g/t gold over 2.5 m from 304.0 m       
                                                                            
Section 2675    EAG-13-511      6.3 g/t gold over 8.1 m from 671.0 m        
                      inc.      48.2 g/t gold over 0.8 m from 675.0 m       



In addition, Eagle Hill continued to intersect high-grade gold mineralization in
the Mink Lens, located between the Caribou Lens and Zone 27. The Mink Lens is
smaller than Zone 27 but accounts for approximately 10% of the current mineral
resource at Windfall Lake. The following intervals extended the known dimensions
of the Mink Lens:




Section 2650    EAG-13-513      11.0 g/t gold over 4.7 m from 661.3 m       
Section 2825    EAG-13-516      6.4 g/t gold over 3.2 m from 340.3 m        



Drilling at Depth

Eagle Hill drilled three holes for 1,459 metres below Red Dog to test the
extension of Zone 27 gold mineralization identified with EAG-12-320 (5.5 g/t
gold over 15.0 m, see Eagle Hill press release dated March 1, 2012). Two wedges
were set in EAG-12-320 and EAG-11-294 was extended. Drilling confirmed
continuity of the mineralization over a distance of more than 40 metres. Results
include:




Section 2500    EAG-13-320-W1   37.3 g/t gold over 11.2 m from 752.5 m      
                      inc.      166.5 g/t gold over 0.6 m from 755.5 m      
                       and      289.0 g/t gold over 0.8 m from 785.2 m      
                                                                            
Section 2500    EAG-13-294-EXT  12.3 g/t gold over 3.2 m from 710.1 m       



This drilling program and the on-going geological modelling has confirmed that
the bulk of the gold mineralization is hosted in Zone 27, a sub-vertical lens
extending from surface to a depth of 500 metres. This main gold-bearing lens is
intimately associated with a sub-vertical porphyry dyke. Gold mineralization
intersected below Red Dog is also associated with a porphyry dyke that extends
further at depth. 


Eagle Hill believes that the gold mineralization extends further at depth, as
highlighted by the results of a recently completed hole-to-hole IP survey, and
plans to follow up with additional drilling in 2014.


Hole-to-hole IP Survey at Depth Below Red Dog 

Eagle Hill's contractors completed an innovative hole-to-hole IP survey in 24
pairs of holes (Figure 3) with the objective of refining drill targets below Red
Dog with similar signatures to the known resource mineralization above Red Dog.
Three-dimensional inversion of these data has identified three major anomalies
below Red Dog that are located on strike and down-dip from known gold-bearing
lenses above Red Dog. 


Based on these results, Eagle Hill will plan diamond drilling to test those
newly identified targets with the objective of expanding the mineral resource
below the Red Dog intrusive.


Surface IP Survey in Southern Part of Windfall Lake Property

Eagle Hill also completed a 70 line-km surface IP survey in the southern part of
the property. This sector was selected because it contains NE-trending magnetic
lineaments and magnetic low anomalies similar to that hosting the Main Zone.
Results of the survey are being processed and will be available shortly. 


Mineral Resource Update

Eagle Hill will release an updated mineral resource estimate in Q1-2014. The
Company has more than 57,000 metres of new drilling to incorporate into the
updated resource estimate, with 28,107 metres from the current drill program,
and 106 holes totalling 29,208 metres that were drilled after the 2012 resource
estimate and prior to the current program. All drill results have been released
and are available on SEDAR at www.sedar.com and on the Company's website.


"The Fall 2013 drill program successfully achieved our objective of proving that
mineralized zones continue beyond the current limits of the known Windfall Lake
resource to the southwest and below the Red Dog sill. That we encountered some
very high-grade intervals underscores the potential of this high-grade gold
deposit," said Dr. Mike Andrews, Director and Interim President of Eagle Hill.
"We are particularly encouraged by the confirmation of high-grade intervals
below the Red Dog intrusion, leaving the deposit open for expansion at depth."


2014 Drill Program

Eagle Hill has commenced a 2,200-metre drill program to test for extensions of
Zone 27 under shallow lakes (2 to 6 metres depth) that are currently frozen.
Eagle Hill plans to drill 14 holes to a depth of 120 to 250 metres to test the
lateral extensions of Zone 27, where drilling has confirmed near-surface
high-grade intervals such as 14.8 g/t over 16.0 metres (EAG-12-418).


Additional drilling for 2014 will be planned once the Company has reviewed the
results of the mineral resource update, which will include SRK's recommendations
for advancing the property.


Figures 1 to 3 and Table 1 are available at the following address:
http://media3.marketwire.com/docs/140212_EAG_Fig1-2-3_table-1.pdf 


On Behalf of the Board of Directors

John Proust, Chairman and Interim CEO

About the Windfall Lake Gold Project

The Windfall Lake gold deposit comprises a number of lenses of pyritic
stockworks and shears hosted in Archean felsic and intermediate volcanics
situated in the Urban-Barry Greenstone Belt, approximately 200 km northeast of
Val d'Or, Quebec. SRK Consulting (Canada) Inc. completed a National Instrument
43-101 compliant resource estimate for Eagle Hill in July 2012 based on
historical drilling by Eagle Hill and previous operators. The estimated resource
comprises 1,665,000 tonnes at 10.05 g/t gold (538,000 ounces) in the indicated
category and 2,906,000 tonnes at 8.76 g/t gold (822,000 ounces) in the inferred
category. 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.


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. In August 2013,
Southern Arc Minerals and Dundee Corporation invested an aggregate of $12
million to purchase a controlling interest in Eagle Hill, consolidate ownership
of the Windfall Lake property and fund an aggressive exploration program. More
information is available at www.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, Jean-Philippe Desrochers, PhD, PGeo, 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. The drill program and sampling protocol is managed by Eagle
Hill under the supervision of Jean-Philippe Desrochers. The diamond drill holes
are drilled at NQ sizes and core recovery to date has averaged better than
95.0%. Half core is cut by rock saw and is generally sampled using nominal
1-metre intervals; however, sample intervals vary according to geological
contacts and have ranged between 0.3 to 1.5 metres in length. Two quality
control samples (one blank and one certified reference material) are inserted
into each batch of 20 samples. All assays were performed by ALS Chemex
Laboratory Group, in Val d'Or, Quebec. The half core samples are securely
transported from the project site to the ALS Chemex laboratory by Eagle Hill
personnel. Gold analyses reported in this release were performed by standard
fire assay using a 50-gram charge with atomic absorption finish and a
gravimetric finish for assays greater than 10 grams per tonne and by metallic
sieve method for samples containing significant amounts of pyrite or visible
gold. In addition, an Aqua regia digestion with ICP-AES finish is used to
analyse a full suite of elements including silver and base metals. 


Cautionary Note Regarding Forward-looking Statements

This document contains certain forward-looking information and forward-looking
statements within the meaning of applicable securities legislation (collectively
"forward-looking statements"). The use of any of the words "will", "plans",
"objective", "expand", "potential" and similar expressions are intended to
identify forward-looking statements. These statements involve known and unknown
risks, uncertainties and other factors that may cause actual results or events
to differ materially from those anticipated in such forward-looking statements.
Such forward-looking statements should not be unduly relied upon. This document
contains forward-looking statements and assumptions pertaining to the following:
uncertainty involving resource estimates and the ability to extract those
resources economically, or at all; uncertainty involving drilling programs and
the Company's ability to expand and upgrade existing resource estimates; the
regulatory process and actions; the need to work with local communities and
authorities to advance the properties; the need to work with Dundee and Southern
Arc to advance the property; technical issues; new legislation; competitive
factors and conditions; uncertainties resulting from potential delays or changes
in plans; the occurrence of unexpected events; and the Company's ability to
execute and implement future plans. Actual results achieved may vary from the
information provided herein as a result of numerous known and unknown risks and
uncertainties and other factors, including uncertainty related to drill results
and the inclusion of drill results in future resource estimates for the
property. The Company believes the expectations reflected in those
forward-looking statements are reasonable, but no assurance can be given that
these expectations will prove to be correct. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Eagle Hill Exploration Corporation
Rhylin Bailie
Vice President, Communications & Investor Relations
604-697-5791
info@eaglehillexploration.com
www.eaglehillexploration.com

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