Eagle Oil Holding Company (EGOH:OTC) Provides Details On Its Newly Acquired Ecuadorian Mining Assets

By: Eagle Oil Holding Inc.
 
 
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RENO, Nev. - June 14, 2018 - PRLog -- Eagle Oil Holding Company Inc. (EGOH:OTC) is pleased to provide additional details on its concessions that it acquired a 20% stake in.

The concessions are located in the province of Loja in Ecuador. The three concessions have a total of 2843 mining hectares and are approved for exploitation. The properties can be in production within 60 days. Miners can expect to extract 2,061 cubic meters per day of fine gravel that should contain 1.5 grams of gold per cubic meter. The mining company will work 24 days per month.

Ecuador is one if the most attractive countries in the world to mine for gold  because their mining laws were updated on January 1st,  2010 in the  favor of foreign mining corporations. Ecuador is also a proven gold producer where the government is very friendly to the mining sector with a favorable economic and positive political climate. The Corporate tax rate is 22%, with 3% Royalties  and a  25% Income tax rate for ex-pats. There are no restrictions on metals and profit exportation as well as good infrastructure and easy road access.

The following link contains a photo: https://drive.google.com/file/d/1_qKuJ2sK9Qzut7zpuZNxRzlK...

Further updates will be forthcoming

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For More Information, Ken Williams, CEO | Eagle Oil Holding Company

T: 1.313.703.PURE

E: info@puredigitaltechnology.tv

Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Eagle Oil Holding Company Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Eagle Oil Holding Company, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

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Eagle Oil Holding Inc.
Ken Williams
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313-703-7873
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