Eagle Hill winds up summer drill program at Windfall Lake with a bang!

I have followed the Windfall property since it was owned by Noront and they made the initial high grade discovery back in late 2006. Since then Noront made a much bigger discovery VMS discovery for base metals at McFaulds Lake that sent NOT to dizzying heights of $7 and massive exploration rush to the area that became known as the ring of fire. NOT chose to concentrate on McFaulds Lake and optioned the prospective high grade Abitibi property Windfall Lake off to EAG.V.

I am not here to talk about NOT.V, although at current prices, it is a great buy for a run this winter and spring. What is in the news today is Eagle Hill and the returning of Windfall Lake to the spotlight with a very highly successful summer drill campaign.

EAG.V has been drilling this project and has been expanding it with interesting results. Today they hit the highest grades yet on a newly discovered near surface zone that will create some excitement for this project again as these widths are some of the best to date on this complex gold project. A lot of money has been spent at Windfall and today the news is very exciting.

One hole returned 12 meters grading 17.36 g/t au and 2.07 g/t over 15.80 meters ... a total of 241 gram meters
They also hit 14.63 over 5.05 meters and 3.35 g/t au over 24.60 meters... a total of 156 gram meters.

These are by far the best intersections of what had already been a very good summer drill program. In total they drilled 14 holes and if you aggregate all the intercepts of the 14 holes you get an average gram meter rating of 80. These are definitely economical grades and widths and certain to generate new interest for the project as a spectacular intercept they hit in the spring they failed to follow up on anything significant. With this summer program though they have hit consistent grades and intercepts for the first time. As well as the fact that this new extension of zone 27 is near surface. EAG.V has indicated that there is very good potential that this recent discovery can be extended another 200 meter by 200 meter area that if returns similar grades will add a significant amount of ounces to the Windfall Lake project. Not to say that EAG.V is going to be a mine tomorrow, but these results will create a bit of a stir.

There is still a lot of work to be done at Windfall Lake, but gold is widespread on the property in increasingly economical amounts. If they continue to expand the current newly discovered zone. EAG will start adding the ounces quickly. At .25 this is cheap and should run.

Read the news below...

http://www.marketwire.com/press-release/Eagle-Hill-Continues-Extend-Zone-27-Intersects-120-Meters-1736-g-t-Uncut-New-Mineralized-TSX-VENTURE-EAG-1321730.htm

Happy Trading