Eagle Eye Metals Limited (ASX:EYE) Drilling Programs Commenced at Dankassa Gold Project, Mali

Perth, Sep 28, 2011 AEST (ABN Newswire) - Eagle Eye Metals Limited (ASX:EYE) is pleased to announce the commencement of a concerted, multi-phase drilling campaign at its Dankassa Gold Project in Mali.

The Company has commenced a 2,000 metre reverse circulation (RC) drilling program to follow up significant results returned recently during the Company's inaugural drilling program at the Kourouba Prospect.

In parallel, the Company has embarked upon an aircore drilling program to further evaluate the 5,000 metre long gold in soil anomaly at the Kourouba Prospect. The aircore drilling will provide the Company additional geological and geochemical information that will significantly enhance the Company's ability to target mineralised zones with follow-up RC drilling.

The Company will also employ aircore drilling to begin to evaluate other high priority "regional" targets within the greater Dankassa Gold Project area. It is anticipated that approximately 6,000 metres of aircore drilling will be undertaken during the current program.

The Company is also implementing an auger soil sampling program to better define the extents of a highly anomalous, 15 kilometre long, gold in soil trend in the north of its Dankassa Gold Project.

Eagle Eye anticipates the current program of work will extend the limits of known bedrock mineralisation at the Kourouba Prospect while also providing numerous new high priority drill targets that will be further evaluated with subsequent drilling programs.

The Company is also in advanced stages of planning aggressive work programs to rapidly advance both the Korindji Gold Project in West Mali and the Basawa Gold Project in Liberia.

Background

Eagle Eye Metals Limited holds substantial interests in several highly prospective gold projects in Mali and Liberia in West Africa; a gold rich region that has produced in excess of 250 million ounces of gold. The Company is well financed and aggressively exploring these projects while continuing to identify and evaluate new opportunities to continue to grow the business.

Please view the following link for the complete announcement including figures:
http://media.abnnewswire.net/media/en/docs/ASX-EYE-558834.pdf

Contact

Kevin Joyce Managing Director Eagle Eye Metals Limited Ph: +61-8-9286-3045 Fax: +61-8-9226-2027 info@eagleeyemetals.com