Geo Minerals to Commence Continued Field Exploration and Drilling Work Programs on "West Blackwater" Property Adjacent to Richfield Ventures' Blackwater Deposit
Published : June 03, 2011
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Keywords :   Gold | Market |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2011) - GEO MINERALS LTD. (News - Market indicators)(FRANKFURT:8G3) ("GEO" or the "Company") is pleased to announce that UTM Exploration Services Ltd. of Smithers, BC has been contracted to commence work at the Company's 100%-owned claims adjacent to Newgold's Blackwater Deposit (formerly owned by Richfield Ventures Corporation). Camp and crew will mobilize on or around June 10, 2011. Initial work on "West Blackwater" will be composed of detailed geological mapping, selected prospecting, an IP geophysical survey and infill soil sampling to delineate the anomalous zones identified during the 2010 exploration program. Immediately following the initial components of the exploration program, a 5000m drill program will begin, targeting areas of significant interest identified during the 2010 and 2011 exploration seasons (pending permit approval).

The claim block is located approximately 100 kilometres south of Vanderhoof, B.C. within 2.5 kilometres, west-northwest, of recent drilling by Richfield Ventures, where Richfield reported on September 2, 2010 that it intersected 281.8 metres @ 1.4g/t Gold in drill hole BW-71.

The technical contents of this release were approved by Geo Minerals consultant and Qualified Person as defined by National Instrument 43-101, Anastasia Ledwon, P.Geo.

Geo Minerals is a junior exploration company actively seeking mineral opportunities for the benefit of all our stakeholders.

ON BEHALF OF THE BOARD

Michael England, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Geo Minerals Ltd.
Michael England
President
1-604-683-3995 or Toll Free: 1-888-945-4770
1-604-683-3988 (FAX)
www.geominerals.ca

Geo Minerals

EXPLORATION STAGE
CODE : GM.V
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Geo Minerals is a copper exploration company based in Canada.

Geo Minerals holds various exploration projects in Canada.

Its main exploration properties are RED DEER LAKE, WAPAWEKKA, RED HILLS ARIZONA, SILVER BELL WEST PROPERTY, COPPER SPRINGS PROJECT, MIDDLE MOUNTAIN, WHISKEY GAP and WINDFALL in Canada.

Geo Minerals is listed in Canada. Its market capitalisation is CA$ 19.2 millions as of today (US$ 18.5 millions, € 14.2 millions).

Its stock quote reached its highest recent level on June 13, 2008 at CA$ 0.88, and its lowest recent point on December 24, 2008 at CA$ 0.03.

Geo Minerals has 113 102 000 shares outstanding.

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5/9/2011GMV MINERALS INC. ANNOUNCES DRILL PROGRAM UNDERWAY IN GUYANA...
3/31/2011MEGA INTERSECTS 1.44 % TREO OVER 485.45 METERS IN HOLE MVL-1...
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