Eagle Mountain Mining Limited announced high grade assays from initial drilling at the Company's 80% owned Oracle Ridge Mine Project ("Oracle Ridge") in Arizona, USA. Eagle Mountain's intends to build a low-cost mining operation, which involves increasing the resource base both within the current mine area and in the near-mine vicinity. A surface diamond drilling program commenced at Oracle Ridge in early September 2020, designed primarily to target extensions of the high-grade portions of the existing NI43-101 Minerals Resources Estimate ("MRE"). Assays results from holes WT-20-03 (upper part only) and WT-20-04 (selected zones) have been received and are reported in this announcement. WT-20-04: WT-20-04 was drilled in the same zone as the high-grade intersection in historical drill hole OUH-063 (7.7m @ 5.11% Cu, 55.83g/t Ag and 0.72g/t Au), to assess the mineralisation's true thickness. The hole was also extended at depth to confirm a historical intersection in a scarcely drilled area of the deposit. Drillhole WT-20-04 intersected high-grade mineralisation (4.56m @ 5.28% Cu, 50.7g/t Ag and 0.77g/t Au, including 0.93m @ 13.05% Cu, 127g/t Ag and 0.32g/t Au), immediately to the north of the historical intersection in OUH-063, confirming the historical grades and suggesting a healthy thickness to this zone. In addition, 1.34m of the above zone included a gold grade of 2.24g/t Au which is one of the high gold grades seen at Oracle Ridge. A review of the historical and new results also suggests that the mineralisation in the area could be flat lying rather than east-dipping as previously interpreted. Multiple thin fractures with Bornite and /or Chalcocite, both high grade copper inerals, were observed immediately below this intercept. The mineralisation is unconstrained for approximately 100m to the east and follow up drilling is planned to test extensions in this area. WT-20-04 also intersected a lower mineralised zone near the Leatherwood-sediments contact near historical intersections in drill hole C-132. This lower intersection remains open in all directions. Eastern extensions along the contact could link this mineralisation to a zone of scattered copper sulphides intersected in drill hole C-078 almost 200m to the east. WT-20-03: WT-20-03 was designed to test a sparsely drilled area with potential for extensions of high-grade intersections encountered in historical drilling, within the Escabrosa limestone formation and at the Leatherwood-sediments contact. The drill hole successfully intersected three separate zones of mineralisation from 184m depth. The results confirmed the merit of the exploration concept being tested and have increased the prospectivity of this entire area, which was previously considered barren of copper mineralisation. Importantly this new area is adjacent to historical developments. Further drilling is currently being planned to establish continuity, tenor and thickness of the mineralisation between WT-20-03 and the historical holes to the north and south. The Leatherwood contact showed moderate skarn alteration with weak to moderate copper sulphides. Assays results for this lower section are still awaited.