currency. Perhaps this will be a good thing
for gold as the yellow metal is the only
thing that could possibly take the place of
the US dollar."
For the mid-term and long-term, Saxton
thinks there will be a strong demand for
gold. "Gold is the standard that people still
turn to," he noted. "I think it's going to
continue that way accompanied by rising
prices."
"On the gold supply side, I believe there
will not be as much supply going forward,"
said Saxton. "Not so much is the shortterm, but yes, in the long-term – and this
will be reflected in higher gold prices."
Saxton is of the view that now is par-
ticularly a great time to buy gold mining
stocks and select juniors. "If they are not
at the bottom, they are certainly close to
it. The upside is significant. I think that
the buying of gold coins and bars will continue, especially in Asian countries. There
is a real desire to hold assets in gold in
China and India."
10 g/t Gold
INDICATED RESOURCE
Top
7% by Grade
OF DEVELOPMENT-STAGE
GOLD PROJECTS
25,000 Metre
DRILL PROGRAM UNDERWAY
QUEBEC'S GOLDEN WINDFALL
Eagle Hill Exploration Corporation is advancing
the high-grade Windfall Lake Gold Deposit in
Quebec's Abitibi Gold Belt.
•
TSX-V: EAG
OTCQX: EHECF
•
november 2013
www.eaglehillexploration.com
•
•
Indicated resource: 538,000 ounces @ 10.05 g/t gold
Inferred resource: 822,000 ounces @ 8.76 g/t gold
$12 million private placement, new management
Mineral resource update in early 2014
See Eagle Hill press release dated July 25, 2012 regarding resource estimate
www.resourceworld.com 9
