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Golden Eagle Begins Deep Trenching Campaign to Display conceal Continuity of Gold Mineralization at C Zone

Golden Eagle World, Inc. (OTCBB: MYNG) announced this present day that it has begun a deep trenching program to level to continuity of the gold mineralization on the C Zone of its jap Bolivian mining properties that both exploration and preliminary pilot operations have demonstrated. Contingent upon financing and closing feasibility, trenching and processing gold-bearing cloth to a depth of as a lot as 6 meters (20 ft) from surface will be the closing step to abet switch the Company’s latest pilot operations toward fat-scale operations. So a long way, pilot operations have processed cloth from pits dug at unparalleled intervals through the C Zone. Now, the trenching program will link several of those pit sampling sites for example inter-attach consistency and blueprint parameters to abet in constructing credible devices for doable delivery pit mining.

Golden Eagle’s trenching program will moreover expose the underlying saprolite, or undeteriorated Precambrian nation rock, which the Company has demonstrated is moreover mineralized with gold-bearing quartz veins and stockworks. These constructions will be sampled and processed in Golden Eagle’s pilot plant as a doable supply of extra mineralized cloth.

Bolivia’s Minister of Mining and Metallurgy, Guillermo Dalence, this week confirmed his representations made at the cease of 2006 that currently proposed reforms to Bolivia’s mining industry attain no longer consist of nationalizations, and that expropriation of inside most mining operations or sources is not any longer a consideration. As well, proposals presented to Bolivia’s Congress closing week to elevate mining taxes have met with steady opposition from Bolivia’s inside most mining sector and mining co-operatives. An estimated 15,000 miners marched in hiss in the mining metropolis of Potosi closing week, and miners all the blueprint by means of Bolivia have mobilized to resist any attempts to unreasonably amplify mining taxes. Golden Eagle cannot snarl that mining taxes will no longer be increased, however per representations made to its executives in Bolivia by officers of the Ministry of Mining and Metallurgy, the Company believes that any increases that are enacted by Bolivia’s Congress will be cheap and can simply allow investment and development in the sector.

Eagle E mail Alerts: While you’re drawn to receiving Eagle E mail Alerts, please electronic mail the Company at: [email protected]

Golden Eagle World, Inc. is a gold and copper exploration and mining firm headquartered in Salt Lake City, Utah and with workplaces in Santa Cruz, Bolivia. The Company is currently focusing its efforts on increasing its mining rights on its Buen Futuro gold and copper project, as successfully as its gold project on the B & C Zones, inside its 136,500 acres (213 sq. miles) in jap Bolivia’s Precambrian Defend.

The Company highly recommends that you just evaluation its disclosures, possibility statements, old press releases, annual reviews, quarterly reviews and latest reviews realized at its Web attach: www.geii.com. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND RISKS

About a of the statements on this press liberate are forward-taking a search for statements and are per an assumed attach of financial prerequisites and packages of action, including: (a) whether Golden Eagle will earn a blueprint to rep sufficient financing to continue to meet its operational targets; (b) estimates of mineral reserves and future production ranges; (c) expectations referring to estimated mine production bills taking into myth increased petroleum prices, expected traits in mineral prices, and statements that express Golden Eagle’s future plans, targets or targets; (d) uncertainties that outcome from actions that would simply be taken in Bolivia relative to increases in the Complementary Mining Tax, Company Revenue Tax or the amount paid for mining patents (claims bills) in due course; e) uncertainties that outcome from social and political prerequisites in Bolivia; and f) numerous possibility components and issues disclosed in Golden Eagle’s Securities and Exchange Commission (“SEC”) filings that would possibly perhaps perhaps be accessed at www.sec.gov. There is a enormous possibility that staunch cloth results will differ from projected results looking out on such components as adjustments in unparalleled financial, social and political prerequisites in Bolivia and financial markets; adjustments in gold and copper prices; technological and operational hazards in Golden Eagle’s mining and mine style actions; uncertainties inherent in the calculation of mineral reserves, mineral sources and steel recoveries; the timing and availability of financing; governmental and numerous approvals, and numerous possibility components listed continuously in Golden Eagle’s Make 10-Okay and its numerous reviews filed with the SEC. The mining projects in Bolivia described on this liberate, and connected critiques, or in our numerous disclosures, would possibly perhaps perhaps simply light no longer be construed by any blueprint as an illustration of the indicate or future charge of the Company or its unparalleled stock. Additionally, our plans with admire to the Buen Futuro A Zone gold and copper project, or the B & C Zone gold project, would possibly perhaps perhaps simply light no longer be construed by any blueprint as an illustration of whether we are in a position to ever conduct worthwhile mining operations in reference to those projects. Golden Eagle disclaims any accountability to update forward-taking a search for statements made herein.

Golden Eagle World, Inc., Salt Lake CitySabrina Martinez, 801-619-9320

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