Eagle Hill Exploration Corporation

Eagle Hill Exploration Corporation

March 29, 2010 10:36 ET

Eagle Hill Acquires Additional Claims at Windfall Lake

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 29, 2010) - Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") (TSX VENTURE:EAG) is pleased to report that it has acquired two additional properties in a joint venture partnership with Murgor Resources Ltd. (TSX VENTURE:MGR) adjacent to the Company's Windfall Lake Property in North-Western Quebec. The properties, the Windfall Lake East Property and the Rousseau Property, cover a total of 1,078 hectares and are contiguous to the east with the Windfall Lake Property. Eagle Hill has now expanded the size of the Windfall Lake Property to over 12,000 contiguous hectares (366 claims).

The Windfall Lake East Property
The Windfall Lake East Property was acquired through staking by Eagle Hill and Murgor and consists of four claims covering an area of 64 hectares. The property is not subject to any royalty.

The Rousseau Property
The Rousseau Property consists of 18 claims covering an area of 1,014.7 hectares. Under the terms of an agreement dated March 24th, 2010, Eagle Hill and Murgor will each acquire a 50% interest in the property by making a cash payment of $5,000 on signing of the agreement and by issuing 100,000 common shares to Rene Rousseau (the "Vendor") upon regulatory approval of the transaction. The Vendor retains a 2% Net Smelter Return royalty of which Eagle Hill and Murgor will have the right to buy back 1% at anytime for $1,000,000. Eagle Hill and Murgor will also have a first right of refusal to buy back the remaining 1% NSR royalty.

The Rousseau Property acquisition will be subject to regulatory approval.

About the Windfall Lake Property
The Windfall Lake Property is comprised of 366 contiguous claims (12,070 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. Eagle Hill has signed options with Murgor Resources Inc., Freewest Resources Canada Inc., and Noront Resources Inc. to acquire this property.

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.


P. Bradley Kitchen, President


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" or "looking forward", "does not expect", "continues", "scheduled", "estimates", "forecasts", "intends", "potential", "anticipates", "does not anticipate", or "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.

Forward-looking statements are based on a number of material factors and assumptions, including, the result of drilling and exploration activities, that contracted parties provide goods and/or services on the agreed timeframes, that equipment necessary for exploration is available as scheduled and does not incur unforeseen break downs, that no labour shortages or delays are incurred, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory and other related services are available and perform as contracted. Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the interpretation and actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of gold; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the company's publicly filed documents. Although both companies have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Neither 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.

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