Goldeye Completes 23 Hole (2217 m) Drill Program at Weebigee
2014年4月3日 - 9:00PM
Marketwired
Goldeye Completes 23 Hole (2217 m) Drill Program at Weebigee
TORONTO, ONTARIO--(Marketwired - Apr 3, 2014) - Goldeye
Explorations Limited (TSX-VENTURE:GGY) is pleased to provide an
update on its Weebigee Project near Sandy Lake, Northwestern
Ontario.
Goldeye has completed the winter drilling program, drilling 23
holes for a total of 2217 metres. The drill has now been shut down
and additional supplies, including fuel and core boxes, have been
mobilized into Sandy Lake prior to the closing of the winter road.
Minotaur Drilling Inc. has left its drill in Sandy Lake and Goldeye
anticipates that drilling will re-commence in May after
break-up.
Goldeye continues to compile assay results and project data and
will soon release a comprehensive update with new assays, plan
maps, drill sections and drill data made available at
www.goldeye.ca.
Blaine Webster, President and CEO, comments: "The results to
date have confirmed the high grade gold potential at Weebigee. We
can now see this project gaining momentum, and anticipate a
significant amount of drilling ahead of us to move the Knoll Zone
to the next level. We will also use our understanding of controls
on gold mineralization to examine a number of other nearby showings
that have received little to no drilling, similar to Knoll at the
start of this year.
This region of Northwestern Ontario has been historically
favourable for the development of large gold deposits such as Red
Lake and Opapimiskan Lake (Musselwhite). While our focus will
remain on drilling in the NW Arm, specifically at Knoll and the
newly discovered RvG4, there are numerous other gold and base metal
targets which make Weebigee a project with tremendous blue-sky
potential."
Goldeye is also pleased to announce that in recent Band Council
elections, held in Sandy Lake on March 31, Chief Bart Meekis,
Deputy Chief Robert Kakegamic, and six of eight Band Councillors
were re-elected for a 2-year term.
Blaine Webster comments: "Goldeye wishes to congratulate Chief
Bart Meekis and Deputy Chief Robert Kakegamic on their recent
re-election. We would also like to congratulate the six Councillors
who were re-elected and the two new Councillors who will be joining
Council. We look forward to continuing to work with Chief Meekis,
Council and the people of Sandy Lake First Nation to advance the
Weebigee project in a mutually beneficial manner."
Goldeye will be exhibiting at the 2014 Northwestern Ontario
Mines & Minerals Symposium being held in Thunder Bay April 8-9
at the Valhalla Inn. On April 9, at 3:20 PM, Blaine Webster will be
giving a talk entitled: "Goldeye's Weebigee Project: A High-Grade
Gold Discovery at Sandy Lake, Ontario". For more information please
visit the Ontario Prospectors Association website at
www.ontarioprospectors.com
On behalf of the Board of Directors,
Blaine Webster, P.Geo.
President and CEO
The contents of this news release have been reviewed and
approved by David R. Jamieson, P.Geo., Senior Technical Advisor for
Goldeye, and Blaine Webster, President and CEO of Goldeye, both of
whom are qualified persons as defined in NI 43-101.
About the Weebigee
Project
Goldeye's 100% owned Weebigee Project is located 227 kilometres
north of Red Lake in Northwestern Ontario and is comprised of 363
claims totaling approximately 6000 hectares. The NW Arm claim block
covers approximately 20% of the total project area and hosts the
highest density of gold showings in the Sandy Lake Greenstone
Belt.
The project is adjacent to Sandy Lake First Nation (population
approx. 3000) which has excellent infrastructure including an
airport with daily direct flights to Winnipeg, Red Lake and Sioux
Lookout and winter road connection to Red Lake. All weather access
roads are located within one kilometre of the Knoll, Bernadette and
RvG4 areas. Goldeye recently signed a comprehensive Exploration
Agreement with Sandy Lake First Nation and is pleased to have a
strong, mutually beneficial relationship with the people of Sandy
Lake First Nation.
About
Goldeye
Goldeye is a Canadian gold-focused exploration company with
properties in mineral rich, politically secure jurisdictions having
long traditions of mining. Weebigee is Goldeye's flagship project
in Canada. Goldeye also holds a 24.5% interest in the Todd Property
in British Columbia's Golden Triangle, a 100% interest in the Gold
Rock and West Shining Tree properties in Ontario, and additional
claims in Tyrrell Twp. In Chile, Goldeye owns 100% of the
Sonia-Puma property located 180 km north of Santiago.
Additional information can be found at www.goldeye.ca.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking information which is
not comprised of historical facts. Forward-looking information
involves risks, uncertainties and other factors that could cause
actual events, results, performance, prospects and opportunities to
differ materially from those expressed or implied by such
forward-looking information. Such statements include the following:
"Goldeye anticipates that drilling will re-commence in May after
break-up", "Goldeye continues to compile assay results and project
data and will soon release a comprehensive update with new assays,
plan maps, drill sections and drill data made available at
www.goldeye.ca", "We can now see this project gaining momentum, and
anticipate a significant amount of drilling ahead of us to move the
Knoll Zone to the next level. We will also use our understanding of
controls on gold mineralization to examine a number of other nearby
showings that have received little to no drilling, similar to Knoll
at the start of this year." "Goldeye will be exhibiting at the 2014
Northwestern Ontario Mines & Minerals Symposium being held in
Thunder Bay April 8-9 at the Valhalla Inn. On April 9, at 3:20 PM,
Blaine Webster will be giving a talk entitled: Goldeye's Weebigee
Project: A High-Grade Gold Discovery at Sandy Lake, Ontario." For
more information Although the Company believes that the assumptions
and factors used in preparing the forward-looking information in
this news release are reasonable, undue reliance should not be
placed on such information, which only applies as of the date of
this news release, and no assurance can be given that such events
will occur in the disclosed time frames or at all. The Company
disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise, other than as required by
law.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Goldeye Explorations LimitedBlaine Webster, P. Geo.President and
CEO416-315-9708bwebster@goldeye.caGoldeye Explorations LimitedRobin
Luke WebsterManager, Corporate Affairs and Community
Relations416-877-6389rwebster@goldeye.cawww.goldeye.ca
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