Explosion bei Hy Lake Gold

1.This transaction will enable Goldcorp to capitalize on its extensive exploration and operations expertise in the Red Lakedistrict and its considerable human resources and related infrastructure. “This transaction secures for Goldcorp full control of 8 kilometres of strike length in the heart of the world's richest high grade gold district,” said Kevin McArthur, Goldcorp’s President and Chief Executive Officer. “Nearly 200 drill holes have defined an impressive gold deposit at Bruce Channel, with potential for additional expansion over time. Development of this strategically important zone can now move forward with our adjoining assets as a single, comprehensive project, sharing mine infrastructure, ore processing facilities and human talent with Red Lake, thus minimizing capital and operating costs and maximizing long-term shareholder value. Red Lake mine has operated for over 50 years, and Goldcorp’s continued district consolidation efforts are designed to sustain this world-class operation for decades into the future

2.“We believe that Bruce Channel ranks among the very highest quality gold discoveries,” said Simon Lawrence, President and Chief Executive Officer of Gold Eagle. “The success we have had is a testament to our Red Lake based exploration team and their endeavours have helped deliver significant value to our shareholders. Goldcorp, with their considerable infrastructure and expertise in the area, are ideally positioned to advance the project in an expedient and capital efficient manner. For our shareholders this is a very attractive transaction.”