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UPDATE: Goldeye Explorations Up 7% As Reports "Encouraging" Results at Gold Rock

Goldeye Explorations Limited (GGY.V) announced results from drilling at Goldeye's 100% owned Gold Rock project near Dryden, Ontario.

Six holes were drilled for a total of 765 metres on three target areas: Cedar Pond, Redden Trenches, and Double Lake. Gold mineralization has been discovered in the three holes drilled at Cedar Pond and Redden Trenches within an important structural corridor that hosts historic gold mines 700 metres southwest of the Goldeye Gold Rock property.

GGY went up by 7% to $0.075, trading just above year low 7 cents.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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