Goldeye's gold prospects promising.

• Position: Mining - Brief Article

Goldeye Explorations Ltd. recently received a report from noted geologist Roly Ridler who reports the geology of the company's Tyrrell Township property located on Highway 560, about 60 kilometres west of Elk Lake is strikingly similar to other rich gold deposits such as Kirkland Lake.

"We had a channel sample of 70 feet with .17 ounces of gold, which is just spectacular," says Goldeye CEO Blaine Webster. "He tells us it has the potential of a Kirkland Lake. The rock types are the same. There is the same structural control and we've got gold."

Webster says the area around Tyrrell has a reputation for small structures of high metal. However, with the report, it is hoped that people will start to look at the area differently. The company has been doing some fundraising to carry out a considerable amount of geophysical work, including several trenches to fill...