GOLDEN EAGLE INTL INC
SymbolMYNG

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Golden Eagle in Ongoing Negotiations and Due Diligence Regarding Letter of Intent Offering $10 Million for the Purchase of Gold Bar Mill and Operating Agreement

2009-11-03 14:34 ET - News Release

SALT LAKE CITY, UT -- (MARKET WIRE) -- 11/03/09

Golden Eagle International, Inc. (OTCBB: MYNG) reported today that it is engaged in ongoing negotiations and due diligence regarding a Letter of Intent ("LOI"), announced October 13, 2009 in a press release, and in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission, offering $10 million for the purchase of the Company's Gold Bar mill. The offer was made by a private exploration and mining company with mining interests in Nevada and Utah. The Gold Bar mill is a 3,500 to 4,000 tpd CIP gold mill located 25 miles northwest of Eureka, Nevada that Golden Eagle has owned since 2004.

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