Posted in | Mining Business

Goldeye and Sandy Lake First Nation Sign Renewal of Exploration Agreement

Goldeye Explorations Limited ("Goldeye" or the "Company") is pleased to announce that pursuant to section 57(b) of the Exploration Agreement between the Company and Sandy Lake First Nation ("SLFN") dated November 12, 2013 (the "Exploration Agreement"), Goldeye and SLFN have agreed to a two (2) year renewal (the "Renewal") on the same terms commencing on November 12, 2016. As part of the Renewal, Goldeye will issue to SLFN five hundred thousand (500,000) common shares of the Company ("Common Shares").

On behalf of the Board of Directors,

Robin Luke Webster, President and Chief Executive Officer

ABOUT GOLDEYE

Goldeye Explorations is a gold-focused junior exploration company engaged in the exploration and evaluation of mineral properties in Ontario, Canada. Goldeye's flagship Weebigee Project is located near Sandy Lake in Northwestern Ontario. The company has additional properties at Gold Rock near Dryden, and Shining Tree in Northeastern Ontario.

For additional information about Goldeye, please visit Goldeye's website at www.goldeye.ca

Source: http://www.goldeye.ca/

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