Eagle Hill Reports Positive Results From Initial Grinding Test at Windfall Lake
Published : October 03, 2012
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Copper | Diamond | Gold | Growth | Market | Recovery | Report |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 3, 2012) - Eagle Hill Exploration Corporation (News - Market indicators) ("Eagle Hill" or the "Company") is very pleased to report positive results from preliminary grinding circuit testing from the Windfall Lake gold project in Quebec. These results are part of the broader metallurgical test program designed to evaluate the hardness of the mineralization and precious metal recoveries at the Windfall Lake gold deposit.

The initial grindability test work, using the SAGDesign procedure, indicates that the gold mineralization at Windfall Lake has moderate to low grinding work indices and does not exhibit excessive grinding power requirements. The SAG mill power consumption is 8.34 kilowatt hours per tonne of material and is comparable to average gold deposits. The Bond Ball Mill Work Index on SAG ground ore is 10.55 kilowatt hours per tonne of material, a relatively low amount of energy required to grind the material in a ball mill, and is in the lower 11th percentile when compared to other deposits(1).

Test Indices Results Comparison with
other deposits
(1)
Specific
Gravity
SAG Mill Data 8.34 kWh / tonne 45th percentile 2.86
Ball Mill Data 10.55 kWh / tonne 11th percentile --
(1) Percentile values are calculated from a total of 700 samples from over 100 deposits in the SAGDesign database.

Dr. Jean-Philippe Desrochers, Chief Geologist of Eagle Hill commented: "These positive grinding results are very important as they demonstrate that the gold mineralization can be ground with low energy consumption. This would eventually reduce the capital cost for crushing and grinding equipment and would contribute to lower total operating costs."

The preliminary grindability test was conducted on a 15.8 kg composite sample collected from uncrushed samples of half cut Diamond drill core (NQ-size) of five drill holes that sampled several lenses of the Windfall Main Zone. The mineralization included in the sample is typical of the Windfall Lake gold deposit and consists of 5-15% disseminated pyrite and stringers hosted in sericitized and silicified felsic to intermediate volcanic and intrusive rock units. The composite sample also included lower grade mineralized material located in the hanging wall and footwall of the mineralized lenses. This composite sample is considered to be representative of potential ore that would be processed from the Windfall Lake gold deposit.

The SAGDesign test reproduces commercial SAG mill grinding conditions and determines the SAG mill pinion energy needed to grind ore from 80 percent of the material passing 152 millimeters to 80 percent of the material passing 1.7 mm, herein referred to as macro ore hardness. The SAG mill product is then crushed to 100 percent of the material passing 3.35 millimeters and is subjected to a standard Bond ball mill work index grinding test to provide the total pinion energy at the specified grind size for mill design purposes.

The test work was conducted by Inspectorate Mining and Exploration Services Ltd. of Richmond, British Columbia, Canada. Inspectorate is a highly reputable independent laboratory with more than 85 years experience in the field. The Windfall Lake gold project SAGDesign test work was monitored by John Starkey of Starkey & Associate, a Qualified Person under national Instrument 43-101.

Previous metallurgical testing, completed in the summer of 2011 by G&T Metallurgical Services Ltd, indicated up to 97 percent recovery from a combination of a gravity circuit and a flotation cell. Additional metallurgical testing is currently underway and results will be released when they become available.

Jean-Philippe Desrochers, Ph.D., P.Geo., 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 the Windfall Lake Property

The Windfall Lake Property is comprised of 370 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 historic grassroots exploration work. Along with its independently acquired claims at the Windfall Lake Property. Eagle Hill has signed options with Murgor Resources Inc., Cliffs Natural Resources Inc. (formerly, Freewest Resources Canada Inc.), and Noront Resources Inc. 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 tonnes)
Grade Gold
(g/t)
Contained Gold
(ounces)
Indicated 1,665 10.05 538,000
Inferred 2,906 8.76 822,000

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 and precious metal 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

FORWARD-LOOKING STATEMENTS

This release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation, including predictions, projections and forecasts. Forward-looking statements include, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion, growth of the Company's businesses, operations, plans and with respect to exploration results, the timing and success of exploration activities generally, permitting time lines, government regulation of exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance coverage, timing and possible outcome of any pending litigation and timing and results of future resource estimates or future economic studies.

Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "planning", "planned", "expects", "looking forward", "does not expect", "continues", "scheduled", "estimates", "forecasts", "intends", "potential", "anticipates", "does not anticipate", "belief", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. 

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

Eagle Hill Exploration Corporation
David Matousek
Corporate Communications
604.697.5791
info@eaglehillexploration.com
www.eaglehillexploration.com
or
MI3 Communications Financieres Inc. (Montreal)
Nathalie Dion
514.904.1333
nathalie@mi3.ca
www.mi3.ca
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Eagle Hill Exploration

EXPLORATION STAGE
CODE : EAG.V
ISIN : CA26959U1093
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Eagle Hill Expl. is a uranium exploration company based in Canada.

Eagle Hill Expl. holds various exploration projects in Canada.

Its main exploration properties are WINDFALL LAKE (EAGLE HILL) and MAC PROPERTY in Canada.

Eagle Hill Expl. is listed in Canada. Its market capitalisation is CA$ 17.0 millions as of today (US$ 12.7 millions, € 11.2 millions).

Its stock quote reached its lowest recent point on January 23, 2015 at CA$ 0.02, and its highest recent level on June 26, 2015 at CA$ 0.93.

Eagle Hill Expl. has 26 130 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Eagle Hill Exploration
6/5/2014Closes on Further Tranche of Financing=2C Continues to Fill ...
5/9/2014Closes on $2.3 Million of Financing=2C Continues to Fill Ord...
12/30/2013Completes Flow=2Dthrough Private Placement of $2 Million
9/17/2012Announces Close of Financing
1/13/2012Eagle Hill Announces Flow-Through Financing
5/2/2011Closes Oversubscribed Financing With London Based Institutio...
4/12/2011Arranges $3,000,000 Financing
Nominations of Eagle Hill Exploration
11/27/2013Appoints Danny Lee as Chief Financial Officer
9/16/2013Commences 25=2C000 Metre Drill Program and Appoints Daniel R...
Financials of Eagle Hill Exploration
6/29/2015Second Quarter Financial Results
2/26/2014Year=2Dend Financial Results
10/1/2013Third Quarter Financial Results
Project news of Eagle Hill Exploration
6/30/2015Oban Mining Corporation enters into Arrangement Agreements i...
5/9/2011(Windfall Lake (eagle Hill))Eagle Hill Intersects 8.97 G/T Gold Over 8.0 Meters At The ...
3/9/2011(Windfall Lake (eagle Hill))Continues to Intersect High Grade Gold Including 13.32 g/t G...
2/28/2011(Windfall Lake (eagle Hill))Intersects Near Surface High Grade Gold Including 26.89 g/t ...
8/20/2010(Windfall Lake (eagle Hill))Hits Significant Gold in the First 10 Holes of the Windfall...
8/4/2010(Windfall Lake (eagle Hill))Hits Gold Results on First Four Drill Holes From Summer Dri...
Corporate news of Eagle Hill Exploration
8/26/2015Oban Completes Acquisitions Of Eagle Hill, Ryan Gold And Cor...
8/25/2015Oban Completes Acquisitions Of Eagle Hill, Ryan Gold And Cor...
8/22/2015Oban, Eagle Hill, Ryan And Corona Business Combination Recei...
8/21/2015Eagle Hill, Oban, Ryan and Corona Business Combination Recei...
8/21/2015Oban, Eagle Hill, Ryan and Corona Business Combination Recei...
8/20/2015Eagle Hill, Oban, Ryan and Corona Business Combination Recei...
8/11/2015Glass Lewis and ISS Recommend that Oban, Eagle Hill, Ryan an...
8/11/2015Glass Lewis and ISS Recommend that Eagle Hill, Oban, Ryan an...
8/10/2015Glass Lewis and ISS Recommend That Eagle Hill, Oban, Ryan an...
7/29/2015Oban, Eagle Hill, Ryan Gold and Corona Gold File Circulars R...
7/29/2015Eagle Hill Exploration, Oban Mining, Ryan Gold, and Corona G...
6/29/2015Eagle Hill Second Quarter Financial Results
6/27/2015Eagle Hill Exploration Reports Results of Annual General Mee...
6/26/2015Eagle Hill Exploration Reports Results of Annual General Mee...
6/23/2015Eagle Hill Exploration Annual General Meeting and Shareholde...
4/14/2015Eagle Hill Exploration Appoints David Christie as President ...
3/31/2015Eagle Hill First Quarter Financial Results
3/2/2015Eagle Hill Year-end Financial Results
1/21/2015Eagle Hill Proceeds with Share Consolidation
1/13/2015Eagle Hill Announces Proposed Share Consolidation
12/31/2014Eagle Hill to Cease Trading on OTCQX
11/27/2014Eagle Hill Announces Increased Gold Recovery at the Windfall...
11/10/2014Eagle Hill’s Summer 2014 Deep Drill Program Further Highligh...
11/10/2014Eagle Hill's Summer 2014 Deep Drill Program Further Highligh...
9/24/2014Eagle Hill Third Quarter Financial Results
9/18/2014Eagle Hill Commences Preliminary Economic Assessment Study f...
8/5/2014Eagle Hill Commences 2,800-metre Deep Drill Program at the W...
6/30/2014Eagle Hill Second Quarter Financial Results
6/24/2014Eagle Hill Announces Positive Drill Results and Initiation o...
2/3/2014and Southern Arc Minerals to Host Investor Session on March ...
11/5/2013Fall 2013 Drilling Program Discovers Extension to Main Zone ...
9/11/2013Grants Incentive Stock Options
8/15/2013Consolidates 100% Ownership of Windfall Lake Gold Deposit
6/28/2013Consolidates 100% of the Windfall Lake Gold Deposit and Arra...
5/10/2013Corporate Update and Development Strategy
4/22/2013Announces Three Year Extension of Windfall Lake Option Agree...
4/10/2013Extends Gold Mineralization to a Depth of 870 Meters With 15...
1/16/2013Intersects 14.74 g/t Gold Over 17.9 Meters in Near Surface M...
11/7/2012Identifies New Gold Zone Extension at Depth With 24.46 g/t o...
10/24/2012Announces the Signing of an Exploration Agreement With the G...
10/3/2012Reports Positive Results From Initial Grinding Test at Windf...
10/3/2012Reports Positive Results From Initial Grinding Test at Windf...
9/27/2012Intersects 10.59 g/t Gold Over 24.0 Meters and Expands Near ...
7/19/2011Continues to Expand Gold Zones at Windfall Lake
7/5/2011Summer 2011 Windfall Lake Property Update
3/21/2011Engages SRK Consulting to Prepare Initial Mineral Resource E...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (EAG.V)
0.650-9.72%
TSX-V
CA$ 0.650
08/26 15:52 -0.070
-9.72%
Prev close Open
0.720 0.720
Low High
0.570 0.720
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.650 -%
Volume 1 month var.
159,000 -%
24hGold TrendPower© : 35
Produces
Develops
Explores for Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 3/11/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.82+1.69%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.04+1.38%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.53%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.52+6.78%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.05+2.62%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+2.13%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19-7.32%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.90+1.60%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.43-0.46%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :