Welcome to Eagle Eye Metals Limited

Eagle Eye was formed in 2005 as a metals exploration and development company, concentrating principally upon seeking nickel and gold in the Leonora-Laverton region of the N-E Goldfields of Western Australia.

As a result of an extensive exploration programme at our Waite Kauri nickel/cobalt project, including drilling of 237 holes, the project is proving successful, with the Company announcing on 30 April 2008 that 13 drill holes had encountered ore grade mineralisation.

These significant findings resulted in Poseidon Nickel Limited entering into a Heads of Agreement for a Joint Venture with us. Under the JV arrangement they will take an interest in the project and complete resource definition drilling, and they have the right to process all of the ore produced, obviating the need for Eagle Eye to establish its own processing plant.

The Joint Venture is on what we consider as very favourable terms to Eagle Eye, offering potential major economic benefits.

More information will follow as the Joint Venture develops.