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MEI Online: Commodities: Metallic Ores: Gold: Latest News: July 2nd 2007


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:: Golden Eagle Purchases and Delivers Essential Equipment for Gold Production Mill on C Zone Project

Golden Eagle International, Inc. announced today that it has purchased and delivered on-site several essential pieces of equipment for the expansion of its pilot gold mill to a full-scale production mill on the Company's C Zone gold project in eastern Bolivia. Golden Eagle is incrementally expanding its C Zone pilot operations up to a production capacity of five hundred cubic meters (approximately 1,000+ tonnes) per day.

Prior to receiving its mill expansion funding, the Company had previously ordered the construction of a rough screening grizzly, ore bins and a three-deck vibrating screen, which are being delivered this week to the C Zone site. In addition, a larger jaw crusher and production-sized hammer mill have been delivered this week for installation in the expanded mill. Golden Eagle is also shipping several smaller pieces of equipment for the mill's flow sheet that it purchased or took directly out of its existing inventory including: larger apron feeders, conveyor systems, clean water and tailings pumps, as well as electric generators to assist in the mill build-out.

In the coming days Golden Eagle expects to begin numerous infrastructure improvements on its C Zone project, including the expansion of fresh water ponds and tailings impoundments.




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