Goldeye Reports Tyrrell Drill Results Including 33.2 g/t Au Over 1.0 m or 4.0 g/t Au Over 9.0 m in H

Goldeye Reports Tyrrell Drill Results Including 33.2 g/t Au Over 1.0 m or 4.0 g/t Au Over 9.0 m in Hole G-11-68 from the Hanging Wall of the Tyrrell Shear Zone

ID: 66007

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 09/14/11 -- Goldeye Explorations Limited (TSX VENTURE: GGY) ("Goldeye" or the "Company") is pleased to announce the results from the 12 diamond drill holes completed during the May-June 2011 program on its 100% owned Tyrrell Property in the Shining Tree area of Northern Ontario.

Goldeye will be at booth #133 at the Investment Conference being held at the Sheraton Hotel in Toronto, Ontario on September 15th & 16th, 2011.

Highlights include the following:

These three holes were drilled 1,100 m apart and intersected the gold mineralization in the hanging wall of the Tyrrell Shear Zone in essentially identical geological settings. Similar style and grade of mineralization was intersected in previous drilling 1,900 m to the NW of Hole G-11-68 giving 3,000 m of strike length to explore. Jorma Hannila, Goldeye CEO, said, "We are very pleased with these results as they have identified an essentially untested high grade target in a new hanging wall environment. Additional drilling is planned for this fall to follow-up these exciting results"

Table 1. Significant Assay results from the Big Dome and Hydro Creek Areas

Big Dome

QUALITY ASSURANCE AND QUALITY CONTROL

The drill core was sampled by sawing at a secure core facility and delivered for analysis to Activation Laboratories Ltd., Timmins, Ontario. Activation Laboratories uses ISO/IEC 17025 to implement a quality system aimed at improving its ability to consistently produce valid results. In addition to the internal laboratory QA/QC, Goldeye inserted one certified standard or one blank sample every twenty samples.

ABOUT GOLDEYE

Goldeye is a Canadian gold-focused exploration company with properties in mineral-rich, politically secure jurisdictions with long traditions of mining (Canada and Chile). Goldeye's approach is to advance precious metal deposits to the development stage, employing, in part, technologically advanced geophysical techniques and occasionally joint venture funding.





The Qualified Person who has read and approved this press release is Jorma J. Hannila, P.Geo., C.E.O. of Goldeye Explorations Limited, who should be contacted for further information at (905) 886-2538, or by e-mail at . Goldeye's website is .

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.



Contacts:
Goldeye Explorations Limited
Jorma J. Hannila, P.Geo.
C.E.O.
(905) 886-2538

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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 14.09.2011 - 15:34 Uhr
Sprache: Deutsch
News-ID 66007
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TORONTO, ONTARIO



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Mining & Metals



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