Eagle Mountain Mining Limited provided an exploration update at its 100% owned Oracle Ridge Mine Project ("Oracle Ridge", "Project") in Arizona, USA. Assay results for five drill holes have been received . Higher grade zones for drill holes WT-21-18 and WT-21-20 have been previously reported with the thicker mineralised zones reported herein. An important objective of the Resource Upgrade program was to verify the quality and reliability of historical drilling information in the Company's database. The technical team has completed an initial comparison between new holes and historical ones in the vicinity. The comparison has shown a good reconciliation between old and new geological and assay data. The average gold grade in recent holes appears to be moderately higher than in historical ones. Should the remaining infill Resource Upgrade holes support the grades and thicknesses of previous drilling, a portion of the existing Indicated Mineral Resource is expected to be upgraded to the JORC Measured category (following an updated Mineral Resource Estimate). Only `Measured' Mineral Resources may be converted to `Proved' Ore Reserves if they are economically mineable as defined by a Pre-Feasibility or Feasibility Study. These studies include the application of various modifying factors and dilution 1. These studies have not been completed. The Resource Upgrade program is targeting the thickest part of the existing resource, at the north- western end of the Oracle Ridge mine. Mineralisation in this area is characterised by multiple stacked lodes separated by less endowed material. Historical drilling at Oracle Ridge was sampled with a strong bias towards high grade mineralisation, meaning that after a visual assessment, lower grade material was often left unsampled resulting in large intervals without any assay data. During Eagle Mountain's drilling, it became apparent that mineralisation, albeit of lower tenor than in the key lodes, is often pervasive throughout areas previously considered barren. Hence it was decided to sample all resource upgrade holes continuously across their entire length. These extensive intervals encompass high grade lodes and lower grade zones. These results are encouraging for several reasons: Presence of mineralisation in volumes previously considered barren could increase the overall copper, silver and gold content at Oracle Ridge. Drilling will be required to obtain samples from areas that were previously unassayed due to much of the old core not being available. A material change in metal content is possible if a lower cut-off grade for the mineral resource is justified. · Reported thicknesses and grades could prompt a revision of the underground mining method envisaged at Oracle Ridge towards a less selective, bulk tonnage scenario.· Ore sorting technology may allow separation and disposal of very low grade and barren material prior to material being delivered to the mill.