SIGNIFICANT GRADES AND WIDTHS CONTINUE TO BE
INTERSECTED AT THE BRUCE CHANNEL DISCOVERY
30.20 Metres at 7.58 g/t Gold (0.22 oz/t over 99.09 ft) and
1.50 Metres at 33.75 g/t Gold (0.98 oz/t over 4.92 ft)
TORONTO, June 18th, 2008 � Gold Eagle Mines Ltd. (TSX: GEA) (�Gold Eagle� or the �Company�) is pleased to announce the latest series of drill results on the Bruce Channel Discovery (�BCD�) at its 100% owned Gold Eagle property located in Red Lake, Ontario. The Gold Eagle property is situated along the prolific Red Lake Trend, west of Goldcorp Inc's operating Red Lake and Campbell Mines and immediately southwest of Goldcorp Inc�s past producing Cochenour-Willans Mine.
Highlights:
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Drilling continues to intersect significant grades and widths
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Drilling continues to encounter multiple high grade zones with visible gold
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The mineralized envelope extends a minimum of 1,100 metres vertically with a horizontal footprint of approximately 720 metres northeast-southwest by 450 metres northwest-southeast
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The mineralized envelope remains open in all directions
THIS PRESS RELEASES CONTAINS TABLES. TO VIEW PRESS RELEASE PLEASE CLICK HERE.
Forward-Looking Statement
The statements made in this News Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company�s expectations and projections. Accordingly, readers should not place undue reliance on forward-looking statements. For a more detailed discussion of such risks and other factors, refer to Gold Eagle�s filings with Canadian securities regulators available on www.sedar.com or the Company�s website at www.goldeaglemines.com
Contact Us
For further information please feel free to contact our offices at:
Tel: 416-867-8998; Fax: 416-867-9393
www.goldeaglemines.com
Renmark Financial Communications Inc.
Maurice Dagenais : mdagenais@renmarkfinancial.com
Victoria Stepanova : vstepanova@renmarkfinancial.com
Media : Eva Jura : ejura@renmarkfinancial.com
Tel.; (514) 939-3989
Fax: (514) 939-3717
www.renmarkfinancial.com
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release and the information contained herein.
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Gold Eagle Mines Ltd
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EXPLORATION STAGE |
CODE : GEA.TO |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gold Eagle Mines is a gold development stage company based in Canada. Its main exploration property is GOLD EAGLE MINE in Canada. Gold Eagle Mines is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.1 billions as of today (US$ 937.7 millions, € 664.1 millions). Its stock quote reached its highest recent level on September 30, 2008 at CA$ 10.37, and its lowest recent point on September 30, 2008 at CA$ 10.37. Gold Eagle Mines has 106 919 000 shares outstanding. |