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Goldeye Explorations Signs 10,000 M Drilling Contract at Shining Tree Project

Oct 18 2010

Goldeye Explorations Limited (TSX VENURE:GGY) has announced that the diamond drilling contract for the 10,000 metre program has been signed for the Company's Tyrrell properties in the Shining Tree area of Ontario.

The drilling is planned to start on October 15, 2010, with 5,000 metres slated to be completed before Christmas. The entire program is expected to consist of approximately 30 holes and will test and expand the gold mineralization associated with, and adjacent to the Tyrrell Shear Zone ("TSZ").

In addition to the drilling program, Goldeye is exploring a substantial portion of the southern part of its main Tyrrell block with the establishment of a 100 kilometer grid. Geologic mapping, prospecting, soil sampling and geophysics (magnetics and induced polarization) will be employed to provide the initial set of targets for trenching and diamond drilling. Mineralized structures related to and subparallel with the TSZ will receive particular attention.

Source:

Goldeye Explorations Limited

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