Eagle Mountain Mining Limited provided an update on exploration activities at its 80% owned Oracle Ridge Mine Project in Arizona. It is Eagle Mountain's intent to build a low-cost mining operation. This means increasing the resource base both within the current mine and in the near-mine vicinity. To this end, diamond drilling commenced at Oracle Ridge in early September and was designed primarily to target extensions of the high-grade portions of the existing Mineral Resource Estimate (MRE). Five of the six drill holes completed intersected skarn-hosted copper mineralisation. Additionally, and of potentially great importance, is that mineralisation has been encountered in the Leatherwood granite, which opens up the prospectivity of this rock unit. This announcement provides a summary of visual observations on these first four holes which have been logged. Samples have been submitted to the laboratory and assay results are expected in the coming weeks. Drill Hole Summary: Below is a summary of the four holes, WT-20-02 to WT-20-05, drilled and logged to date. All holes were positioned to test potential mineralisation that is outside of the current known resource. WT-20-01 was not completed as it hit an unexpected void and was terminated before reaching its intended target. WT-20-02: WT-20-02 was designed to test the eastern extension of mineralisation and the previously untested Geesman Fault. The Geesman Fault is a major structure which bounds Oracle Ridge to the north. Its relationship to copper mineralisation is still unclear. The drill hole intersected several zones of sheared Leatherwood granite with only minor brittle deformation. Once multi-element assays are received, an assessment of the geochemical footprint of the structure will be completed to understand its potential role as a plumbing system for the Oracle Ridge mineralisation and the likelihood of the structure to host economic grade mineralisation. WT-20-03: WT-20-03 was designed to test a poorly drilled area with potential for extensions of high-grade copper intersections encountered in historical underground drilling and the Leatherwood-sediments contact. Extension to the mineralisation have been intersected and further drilling is required to establish continuity, tenor and thickness of the mineralisation between WT-20-03 and the historical underground holes. WT-20-04: WT-20-04 was drilled to better assess the mineralisation true width that was encountered in a nearby historical drill hole. WT-20-04 was extended at depth to also confirm intersections in a historical hole in a scarcely drilled area of the deposit. Both zones were successfully intersected. WT-20-05: WT-20-05 was drilled to test the western extension of the mineralisation in historical holes. The drill hole was also extended at depth to test the contact between the limestone sediments and Leatherwood granite intrusive. The drill hole successfully intersected both targets with abundant copper sulphides observed. The thickness of mineralisation at the Leatherwood-limestone contact prompted a reassessment of the geological model and the planning of two additional drill holes to test the northern extent of this zone. Drilling advancement rates: The Company with the drilling performances achieved by the contractor Boart Longyear. The LF-90 rig on site routinely recovers over 120 metre of core per 24 hours, under normal drilling conditions, with the current daily record set at over 140 metres. These are exceptional results and the Company would like to commend Boart Longyear and their personnel on site for the professionalism and dedication shown so far. Assay laboratory update: Due to the impact of COVID-19 and the recent resurgence in exploration activities in North America, assay laboratories in the region are experiencing longer turnaround times than usual. The Company has been monitoring the situation and will continue to assess the available options to ensure assays results are received in the shortest possible timeframe. Drill program: Following the positive visual observations in the drilling core, the Company has advised Boart Longyear of its intent to continue drilling until at least the end of December 2020. Future holes during this time will continue to test extensions to known mineralisation and follow up on new mineralised areas.