Eagle Mountain Mining Limited announced that further assay results from its ongoing drilling program at the Company's 80% owned Oracle Ridge Mine Project ("Oracle Ridge", "Project") in Arizona, USA, have returned the grades ever recorded at the Project with 34.4% Cu, 367g/t Ag and 26.2g/t Au over 0.4m in massive chalcopyrite zone. Assay results from hole WT-21-04 and WT-21-06 have been received and are reported in this announcement, with assay results for holes WT-21-05, WT-20-07 and recently completed WT-21-08 pending. WT-21-04 was drilled at the northern end of the mine area. The hole targeted the extension to un assayed mineralization in historical hole C-011. A high-grade zone of 14m at 2.1% Cu, 22.62g/t Ag and 0.05g/t Au was intersected near the Leatherwood-sediments contact, extending the mineralization 60m to the north. The gold values encountered in this area are low and may suggest different mineralizing events across the skarn. This geochemical variation will be considered as part of ongoing vectoring towards the potential source of the mineralization. This was a follow-up drill hole to WT-21-04 and was designed to intersect the mineralization to the north but encountered a structurally complex zone likely related to the nearby Geesaman fault. Assays for WT-21-05 are pending. Further drilling is planned in the area after additional drill pads are established in the coming months. WT-21-06 was drilled in the southern part of the mine area, testing for north-eastern extensions to mineralization encountered in WT-20-10 (13.3m at 2.43% Cu, 52.6g/t Ag and 0.94g/t Au including 1.5m at 11.55% Cu, 273g/t Ag and 5.41g/t Au, ASX announcement 22 December 2020). These intersections are part of a new lode extending mineralization over 200 metres in an easterly direction. WT-21-06 intersected 12.7m at 3.96% Cu, 49.11g/t Ag and 1.38g/t Au at the Leatherwood- sediments contact, approximately 30 metres to the north-east of WT-20-10. A narrow zone of massive chalcopyrite within this interval returned 0.4m at 34.4% Cu, 367g/t Ag and 26.2g/t Au, the highest-grade assay ever recorded at Oracle Ridge (Figure 1). Massive sulphides had not been previously encountered by Eagle Mountain at Oracle Ridge. This is an exciting discovery and the technical team and its consultants are assessing the relevance of this interval and its implications for the prospectively of this area. WT-21-07 and WT-21-08 have recently been completed and are being logged with samples taken for assay. The rig is currently drilling hole WT-21-09, targeting northern extensions to mineralization in the southern mine area . The current goal is to drill a fence of holes approximately 40 metres to the north of WT-20-10 and WT-20-05. While drilling continues, earthmoving contractors are working on improving access to the southernmost part of the mine area. Historical pads will be refurbished and access tracks improved to ensure safer and more efficient drilling operations. The newly accessible locations will allow drilling of mineralized areas that have not been tested since the 1970s as well as providing better drilling angles to test the southern extension of mineralization near WT-20-10 and WT-20-05.