SRK

Eagle Hill Exploration Corporation (TSX VENTURE:EAG)(OTCQX:EHECF) ("Eagle Hill"
or the "Company") is pleased to release an updated mineral resource statement
for the Windfall Lake Gold Project, located in the Abitibi Gold Belt in Quebec,
Canada. The mineral resource statement was prepared by SRK Consulting (Canada)
Inc. ("SRK") and updates the previous resource statement prepared by SRK in July
2012. The revision is based on the results from a total database of 706 core
boreholes (192,045 metres) of which 635 boreholes (179,641 metres) were used for
mineral resource estimation purposes.


Resource Statement

Compared to the July 2012 mineral resource statement, the indicated mineral
resource tonnage and contained gold have increased by 43% and 38%, respectively,
resulting in contained gold of 744,000 ounces grading 9.75 g/t gold. Indicated
mineral resources are defined only within the Main Zone, which is informed by
higher density of drilling data and better confidence in the geological
continuity of the gold mineralization. The inferred mineral resource is
estimated at 3,084,000 tonnes grading 7.37 g/t gold for contained gold of
731,000 ounces. 


Table 1: Mineral Resource Statement, Windfall Lake Gold Project, Quebec SRK
Consulting (Canada) Inc., February 28, 2014




----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                  Grade       Contained Gold
Resource Classification              Tonnes       (g/t)             (ounces)
----------------------------------------------------------------------------
Indicated                         2,375,000        9.75              744,000
----------------------------------------------------------------------------
Inferred                          3,084,000        7.37              731,000
----------------------------------------------------------------------------
----------------------------------------------------------------------------

1.  Prepared by SRK Consulting (Canada), Inc. with an effective date of
    February 28, 2014. 
2.  Mineral resources are not mineral reserves and do not have demonstrated
    economic viability. There is 
    no certainty that all or any part of the mineral resources will be
    converted into mineral reserves. 
3.  All figures have been rounded to reflect the relative accuracy of the
    estimates. 
4.  Reported at a cut-off grade of 3.0 g/t gold, assuming an underground
    extraction scenario, a gold price of US$1,200 per ounce and
    metallurgical recovery of 91.7%. 
5.  The inferred mineral resource includes 215,000 tonnes at 6.83 g/t gold
    for contained gold of 47,000 ounces in zones F17 and F51, located on the
    Murgor-Cliffs claims immediately adjacent the Main Zone of the Windfall
    Lake Project. 
6.  The National Instrument 43-101 technical report for this resource
    statement will be filed by Eagle Hill 
    on SEDAR at www.SEDAR.com by April 17, 2014. 



Upside Potential

The Fall 2013 drilling program confirmed continuity of gold mineralization below
the Red Dog intrusion. The inferred mineral resource in Table 1 includes 455,000
tonnes at a grade of 8.21 g/t gold for 120,000 contained ounces of gold below
the main Red Dog dike, confirming the continuity of the gold mineralization
below that intrusion. This highlights the potential to significantly increase
the mineral resource below the Red Dog intrusion. Hole-to-hole induced
polarization ("IP") geophysical data confirm the continuity of the pyrite
stockwork hosting the Main Zone below the Red Dog intrusion and have defined
drilling targets. Deep drilling and additional IP surveys are an exploration
priority.


Recent drilling also identified a late phase of gold mineralization within the
Red Dog dike that was previously thought to be barren. At the current
wide-spaced drilling the new gold mineralization style inside the Red Dog dike
contributes only a small tonnage to the inferred mineral resource (249,000
tonnes at 4.26 g/t gold for 34,000 ounces), but highlights the potential for
this intrusion to host further mineral resources.


Previously announced drilling in the area to the southwest of the Main Zone
confirmed gold mineralization in this area and returned significant gold
intercepts. Spacing of existing boreholes is too sparse to confirm continuity
between sampling points and support mineral resource evaluation. Additional
drilling in this area has the potential to add to the mineral resource of the
project.


Eagle Hill is reviewing SRK's technical report for the project, which will
include SRK's recommendations for advancing the property. Eagle Hill has
commenced a 2,200-metre drilling 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 gold over 16.0 metres (EAG-12-418). Additional drilling for 2014
will be planned once the Company has reviewed the technical report and
considered SRK's recommendations. Eagle Hill will file the technical report on
SEDAR at www.sedar.com by April 17, 2014.


Mineral Resource Estimate Methodology

A database comprising 635 core boreholes (179,641 metres), which represents
drilling data acquired between 2004 and 2014 by Murgor Resources Inc., Noront
Resources Inc. and Eagle Hill, were used for geological modelling and mineral
resource estimation. The borehole data include collar location, down-hole survey
data, lithology codes and 111,648 sample intervals assayed for gold. 


The mineral resource model is based on a complete re-interpretation of the
geology of the project, providing a more confident interpretation of the
controls on the distribution of the gold mineralization and better confidence in
its continuity between the sampling points. Fifteen resource domains were
defined within a broad pyrite stockwork zone forming the Main Zone. In addition,
the gold mineralization contained in geological domains was also considered
(pyrite stockwork and various generations of dikes). Data were extracted from
within these domains for geostatistical analysis.


After review, a grade estimation strategy was defined to populate a GEMS block
model with gold grade informed from capped composite data using a geostatistical
block modelling approach. Appropriate validations were undertaken to ensure that
the block model adequately represents the informing composite data. Block
estimates were classified into indicated and inferred categories considering
confidence in geological interpretation, confidence in geostatistical
continuity, estimation and the density of the informing data. 


Indicated mineral resources are defined only within the Main Zone, which is
informed by higher density of drilling data and better confidence in the
geological continuity of the gold mineralization. The mineral resources in all
other zones are informed by more widely spaced drilling information or exhibit a
lower confidence in geological continuity and thus are appropriately classified
in the inferred category. 


The mineral resource has been estimated in conformity with the CIM Mineral
Resources and Mineral Reserves Estimation Best Practices Guidelines and are
classified according to the CIM Definition Standards for Mineral Resources and
Mineral Reserves (December 2010) guidelines. The mineral resource statement is
reported in accordance with Canadian Securities Administrators' National
Instrument 43-101. 


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 stockwork
and shear zones situated in the Archean Urban-Barry Greenstone Belt,
approximately 200 km northeast of Val d'Or, Quebec. SRK Consulting (Canada) Inc.
prepared a mineral resource statement for Eagle Hill in compliance with National
Instrument 43-101 in February 2014 comprising 2,375,000 tonnes at 9.75 g/t gold
(744,000 ounces) in the indicated category and 3,084,000 tonnes at 7.37 g/t gold
(731,000 ounces) in the inferred category. This news release reports this
mineral resource estimate. 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 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 construction of the mineral resource model was a collaborative effort
between Eagle Hill and SRK personnel. The resource estimation work was completed
by Dr. Jean-Francois Ravenelle PGeo (OGQ#1062), Dorota El-Rassi, PEng (APEO
#100012348) and Dominic Chartier, PGeo (OGQ#874) under the supervision of Glen
Cole, PGeo (APGO #1416). By virtue of their education, relevant project
experience, and affiliation to a recognized professional association, Dr.
Ravenelle, Ms. El-Rassi, Mr. Chartier and Mr. Cole, are "qualified persons"
independent from Eagle Hill for the purposes of National Instrument 43-101. Mr.
Cole has reviewed the information contained in this news release.


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", "will be",
"potential", "increase" 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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