Goldeye Explorations Limited-Todd Creek Property, BC

* Reuters is not responsible for the content in this press release.

Thu Apr 10, 2008 9:55am EDT 

  TORONTO, ONTARIO, Apr 10 (MARKET WIRE) -- 
 Goldeye Explorations Limited ("Goldeye" or "the Company") (TSX VENTURE:
GGY) announces an Agreement effective April 3, 2008, granting to
Intuitive Exploration Inc. ("NTX") an exclusive right and option to earn
up to a 70% ownership interest in the Todd Creek Property (the
"Property") located near Stewart in northwestern British Columbia. The
Agreement is between Goldeye and Polar Star Mining Corporation (the
"Optionees"), NTX and Geofine Exploration Consultants Ltd. ("Geofine").

    NTX may acquire the following ownership interests in the Property by
incurring the exploration expenditures by the dates shown in the table:


                Due                       Exploration Expenditures
                October 31,
                --------------------------------------------------

                2008                            $ 2,000,000

                2009                            $ 1,500,000

                2010                            $ 1,500,000


    Upon incurring exploration expenditures of $2,500,000, NTX will
acquire a 51% interest in the property, with the Optionees retaining a
49% interest. By incurring further expenditures of $1,500,000 and
$1,000,000, NTX will earn cumulative interests of 60% and 70%
respectively (the corresponding interests of the Optionees will be 40%
and 30%). In addition, NTX agreed to make cash payments up to an
aggregate of $180,000 and to deliver up to 170,000 shares of NTX to
Geofine.

    The parties also acknowledged that the expenditure requirement of $1.5
million made under the original agreement between Geofine and Goldeye
dated December 6, 2005 has been fulfilled. The Optionees and NTX retain
reciprocal rights of first offer if either party wishes to sell, assign
or transfer any of its interest in the Agreement to a third party.

    About Goldeye

    Goldeye Explorations Limited is a Canadian mineral exploration company
acquiring, exploring and advancing properties in Canada and Chile.
Current exploration efforts are focussed on the Company's Joint Venture
with Tribute Minerals Inc., in the vicinity of Noront resources Ltd.'s
Ni-Cu-PGM discovery in the James Bay Lowlands.

    About Intuitive Exploration

    Intuitive Exploration Inc. is a private exploration company recently
incorporated in British Columbia.

    Forward-Looking Statements

    The statements made in this news release may contain forward-looking
statements that may involve a number of risks and uncertainties. Actual
events or results could differ materially from the Company's expectations
and projections. Accordingly, readers should not place undue reliance on
forward-looking statements. For a more detailed discussion of such risks
and other factors, refer to Goldeye Exploration Limited's filings with
Canadian securities regulators available on www.sedar.com or the
Company's website at www.goldeye.ca.

    Share Capitalization

    Shares Outstanding: 79,506,986 as at April 10, 2008.


 
 TSX Venture Exchange has
not reviewed and does not accept responsibility for the adequacy or
accuracy of this release and the information contained herein.

Contacts:
Goldeye Explorations Limited
B. Webster
C.E.O and President
(905) 886-2538
(905) 886-8210 (FAX)
Email: goldeye@goldeye.ca
Website: www.goldeye.ca

Copyright 2008, Market Wire, All rights reserved.

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