VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 9, 2012) - Eagle Hill Exploration Corporation (TSX VENTURE:EAG) ("Eagle Hill" or the "Company") releases additional assay results from its current drill program targeting the upper and depth extensions of Zone 27 and the Mink Zone at the Windfall Lake gold deposit in Northwestern Quebec. In addition a new gold zone has been defined that extends from only 13 meters below surface to a depth of 350 meters. These results are part of an ongoing drill program designed to expand the size of the mineral resource estimate released on July 25, 2012.

Near surface mineralization

Near surface drilling on Zone 27 returned another wide interval of 18.6 meters assaying 5.89 g/t gold consisting of 2% to 10% pyrite in a typical sulphide stockwork with tourmaline. This interval includes a higher grade section of 11.42 g/t gold over 8.8 meters. The thick near surface gold mineralization is now known over a strike-length of 275 meters and remains completely open to the west. Eagle Hill is planning additional short drillholes to evaluate the western extension. Eagle Hill also intersected 5.48 g/t gold over 5.6 meters in a parallel gold zone at only 48 meters below surface, thus demonstrating that multiple parallel zones do exist close to surface.

New Zone

Two drill holes tested a poorly defined gold zone located between the Caribou and the Mink gold zones. Drillhole EAG-12-401 returned an intercept of 12.24 g/t gold over 3.0 meters. Drill hole EAG-12-403 assayed 1.91 g/t gold over 21.9 meters and drillhole EAG-12-406 intersected 48.3 g/t gold over 1.0 meter at only 13 meters below surface. Previous intercepts in this gold zone include 3.0 g/t gold over 5.2 meters (EAG-12-399), 41.3 g/t gold over 1.0 meter (EAG-12-391), and 2.9 g/t gold over 2.6 meters (ATO-99-18). To date this zone is known to extend from 13 meters below surface to a depth of 340 meters below surface.

The gold mineralized zones defined to date at Windfall Lake cover a lateral extension of more than 650 meters and include, from South to North, the Caribou South zone, the Caribou zone, the Mink zone, Zone 27 South, Zone 27, the Mallard zone, and the Mallard North zone. All the zones are near vertical and vary in thickness between 2 meters and 35 meters. In addition to the near surface gold mineralization present at Windfall, recent drilling has demonstrated that mineralized zones continue to a depth of 770 meters below the surface with intercepts such as 8.9 g/t Au over 14.0 meters and 5.5 g/t Au over 15.0 meters below the Red Dog intrusion (March 1, 2012 press release).

A map of the Windfall Lake property outlining the location of the gold zones, drill holes and areas of potential expansion, together with cross-sections, a longitudinal section and pictures of core showing the mineralization style have been posted on Eagle Hill's website, http://www.eaglehillexploration.com/sections.

The table shows the most significant assay results discussed in this press release.

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Hole number         From            To         Assay                Comments

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EAG-12-398         70.00         75.60   5.48 g/t Au  Zone 27 - South of the

                                          over 5.6 m                   fault

            ---------------------------------------- ------------------------

                  128.00        130.00    3.9 g/t Au  Splay of Zone 27 Upper

                                          over 2.0 m               extension

            ---------------------------------------- ------------------------

                  133.60        152.20   5.89 g/t Au         Zone 27 - Upper

                                         over 18.6 m     extension, north of

                                                                       fault

            ----------------------------------------                        

             incl. 143.4        152.20  11.42 g/t Au                        

                                          over 8.8 m                        

            ----------------------------------------                        

             Incl. 143.4           144   39.9 g/t Au                        

                                          over 0.6 m                        

            ----------------------------------------                        

             Incl. 149.0         150.1   57.1 g/t Au                        

                                          over 1.1 m                        

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EAG-12-401        212.60        213.70   13.7 g/t Au           Isolated zone

                                          over 1.1 m                        

            ---------------------------------------- ------------------------

                  259.00        262.00  12.24 g/t Au                New zone

                                          over 3.0 m                        

            ---------------------------------------- ------------------------

                  472.00        476.00   3.67 g/t Au                 Zone 27

                                          over 4.0 m                        

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EAG-12-402        442.00        443.00   7.35 g/t Au                 Zone 27

                                          over 1.0 m                        

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EAG-12-403        163.60        185.50   1.91 g/t Au                New zone

                                         over 21.9 m                        

            ----------------------------------------                        

            incl. 171.00        175.00   3.66 g/t Au                        

                                          over 4.0 m                        

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EAG-12-404        116.95        118.00   6.95 g/t Au      Isolated intercept

                                         over 1.05 m                        

            ---------------------------------------- ------------------------

                  282.80        283.20   26.5 g/t Au      Isolated intercept

                                          over 0.4 m                        

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EAG-12-406         30.50         31.50   48.3 g/t Au                New zone

                                          over 1.0 m                        

            ---------------------------------------- ------------------------

                  106.90        107.40   27.4 g/t Au      Isolated intercept

                                          over 0.5 m                        

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The true widths are interpreted to be approximately 70 percent of reported width. Other drill holes of this sequence not presented in this table returned only anomalous gold values or have assay results pending.

Gold analyses reported in this release were performed by standard fire assay using a 30-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. All assays were performed by ALS Chemex Laboratory Group, in Val d'Or, Que. Sampling and analytical procedures are subject to a comprehensive quality assurance and quality control program. The QA-QC program includes duplicate samples, blanks and analytical standards.