EagleOne is engaged in the identification, acquisition, exploration and development of mineral projects. The Company holds the exclusive option to acquire a 100% interest, subject to a 2% net smelter returns royalty, in the Magusi West gold property (the “Property”), which is located approximately 39 kilometres northwest of the City of Rouyn-Noranda, Quebec and consists of 11 contiguous unpatented mineral claims covering approximately 563.35 hectares.