GOE Goldeneye Resources Corp

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Golden Odyssey Mining Inc. ("Golden Odyssey" or the "Company") (TSX VENTURE:GOE)
(PINK SHEETS:GODYF) is pleased to announce that it has agreed to option Dome
South from Guardsmen Resources Inc. ("Guardsmen"), a privately held British
Columbia based company (the "Acquisition"). Dome South is a gold copper property
consisting of 29 claims totalling approximately 30,000 acres and is located 45
kilometres (28 miles) north east of Smithers, B.C.


Golden Odyssey is responsible for expending $1,000,000 over two years to earn a
50% interest in Dome South. The property is ideally situated approximately two
kilometres (1.25 miles) southwest of the former producing Dome Mountain gold
mine which was operated from January 1992 through April 1993 by Habsbuig
Resources Ltd. The property is accessed by a well maintained gravel road from
the town of Smithers.


The Company also announces that it will offer for sale up to 2,000,000 common
shares of the Company ("Common Shares") by way of private placement at a price
of $0.10 per Common Share for gross proceeds of up to $200,000 for general
working capital. The private placement is subject to the approval of the TSX
Venture Exchange Inc.


Golden Odyssey further announces that, pending regulatory approval, it will
issue, in aggregate, 630,000 Common Shares to directors of Golden Odyssey as
payment of services from January 1 2008 to September 30 2008, 45,000 Common
Shares to a consultant as payment for services and an additional 100,000 Common
Shares as a bonus to a director for providing a guarantee on behalf of the
Company at a deemed price of $0.10 per share.


Forward Looking Information

Certain information regarding the Company set forth in this press release,
including the use of proceeds, and management's assessment of the Company's
future plans and operations contain forward looking information that involve
substantial known and unknown risks and uncertainties. The forward looking
information is subject to numerous risks and uncertainties, some of which are
beyond the Company's and management's control, including but not limited to, the
impact of general economic conditions, industry conditions, fluctuation of
commodity prices, fluctuation of foreign exchange rates, imperfection of reserve
estimates, environmental risks, industry competition, availability of qualified
personnel and management, stock market volatility, timely and cost effective
access to sufficient capital from internal and external sources. The Company's
actual results, performance or achievement could differ materially from those
expressed in or implied by, the forward looking information and accordingly, no
assurance can be given that any of the events anticipated to occur or transpire
form the forward looking information will provide any benefits to the Company.

Goldeneye Resources (TSXV:GOE)
Historical Stock Chart
From May 2024 to Jun 2024

Goldeneye Resources (TSXV:GOE)
Historical Stock Chart
From Jun 2023 to Jun 2024