- Goldeneye Resources has three projects located in Newfoundland, which has become a hotbed for mining activities. Newfoundland has a long history of mining, however, recent discoveries have created a new influx of mining businesses in the area.
- Their flagship project, GRUBE, is located approximately 20 kilometers south of the Keats Zone. Gold has recently been discovered in the Keats Zone. The similar geological history of the GRUBE location leads Goldeneye Resources to believe it will contain high-grade gold deposits.
- Goldeneye Resources recently signed definitive agreements with Unity Resources Inc. that will allow them to acquire 100% interest on their claims in Newfoundland. These agreements must still be approved by TSX-V.
- Goldeneye Resources will immediately execute a phase one reconnaissance program on all three Newfoundland projects once they receive exchange approval.