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Phase 2 Resource Expansion Drilling Commences at Tepal


View News Release in PDF Format


- Geologix Explorations Inc. (TSX: GIX) (the "Company") is pleased announce the commencement of the next phase of resource expansion and exploration drilling at the Tepal gold-copper project in Michoac�n State, Mexico.

Two diamond drill rigs have been mobilized to the project and have commenced a proposed 10,000 metre resource expansion and exploration drill program designed to test the limits of the mineralization recently encountered at the Tizate zone, which remains open in several directions, specifically to the northeast and at depth. The later stages of this program will then follow up with in-fill drilling required to bring the newly delineated Tizate zone into inferred and indicated categories.

In late 2010 Geologix drilled a total of fourteen holes in the Tizate Zone. The assay results from the first three holes were announced in a press release dated December 16, 2010. The balance of the 2010 Tizate zone drill results are expected to be released shortly.

Geologix Explorations Inc. is a mineral exploration company focused on acquiring, exploring and developing mineral resource opportunities with the potential to host world class mineral deposits. The Company's primary focus is the Tepal Gold-Copper Porphyry Project in Michoac�n State, Mexico, where the Company has completed a Preliminary Economic Assessment study ("PEA") of the existing resource and is continuing to aggressively explore for additional gold and copper mineralization in an effort to expand the size of the resource and scale of the possible future mining operation.


CONTACT:

Jeffrey Wilson
V.P. Corporate Communications
Phone: (604) 694-1742
Toll Free in Canada and USA:
1 (888) 694-1742
Email:
jwilson@geologix.ca

Dunham Craig
President & CEO
Phone: (604) 694-1742
Email:
dcraig@geologix.ca
Website:
www.geologix.ca

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

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Geologix Explorations Inc.

EXPLORATEUR
CODE : GIX.TO
ISIN : CA3719391094
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Rapports annuels de Geologix Explorations Inc.
2008 Annual Report
2007 Annual Report
Financements de Geologix Explorations Inc.
06/08/2012Completes $2.5 Million Private Placement
29/06/2012to Carry Out $2 Million Private Placement
01/03/2011Closes Public Offering for Gross Proceeds of $23,000,736 Inc...
16/11/2010Share Price Triggers Warrants' Forced Exercise Provision
26/08/2010Completes $2.3 Million Private Placement
Nominations de Geologix Explorations Inc.
31/12/2010Appoints Mauricio Candiani Galaz to the Board of Directors
24/09/2009Appoints George Brack as Director
02/07/2009Appoints New VP Corporate Development
01/10/2008Re-Appoints Investor Relations Consultant And Grants Options
Projets de Geologix Explorations Inc.
29/12/2010(Tepal)Expands Land Position at Tepal Project
05/04/2011(Tepal)Acquires 100% of Tepal Property by Accelerating Final Paymen...
20/03/2011(Tepal)New Resource Estimate Increases Indicated and Inferred Tonne...
24/02/2011(Tepal)Delivers Final Arian Silver Tepal Payment
08/11/2010(Libertad)Libertad Drill Results Intersect 94 Metres Of 0.74 Grams Per...
17/01/2011(Tepal)Additional Drilling at Tepal Expands Tizate Zone
12/01/2011(Tepal)Phase 2 Resource Expansion Drilling Commences at Tepal
16/12/2010(Tepal)Tepal Drilling Identifies Significant New Gold and Copper Zo...
25/10/2010(Tepal)Tepal Resource Expansion Drilling Intersects 95 Metres of 1....
12/10/2010(Tepal)Tepal Preliminary Economic Assessment Mine Plan Estimates $3...
30/09/2010(Tepal)Tepal Oxide Cap Metallurgical Test Work Delivers 78.4% Gold ...
19/07/2010(Libertad)First Two Drill Holes At Libertad Discover Significant New G...
03/05/2010(Libertad)Geophysical Survey Identifies Large Epithermal Precious Meta...
23/03/2010(La Joya Property)Options La Joya Project, Peru To Empresa Minera Los Quenuale...
16/03/2010(Libertad)Trenching At Libertad Project Identifies 1.25 Km Strike Of G...
14/10/2009(Silver Cloud)Acquires 100% Interest In Silver Cloud Property, Nevada
22/06/2009(Libertad)Options Libertad Gold-Silver Property in Sonora, Mexico
15/12/2008(San Agustin)Exercises San Agustin Option and Engages CIBC World Markets ...
06/11/2008(San Agustin)Reports Increased Resource Estimate For San Agustin Project,...
21/10/2008(Liscay)Discovers Additional Zone Of Bonanza Grades At Liscay Projec...
21/08/2008(San Agustin) San Agustin Drills Significant Silver Intercept
24/07/2008(San Agustin)San Agustin Step Out Drilling Intersects Significant Mineral...
Communiqués de Presse de Geologix Explorations Inc.
08/11/2012(Tepal)Announces Initial Drill Results From Prospect Drilling at Te...
03/08/2010Tepal Metallurgical Test Work Delivers Positive Results
14/04/2010Tepal Geophysical Survey Identifies Multiple High Priority D...
25/03/2010Options Peru Properties To Rae Wallace Mining Company
08/03/2010Closes $4,059,049 Public Offering
05/03/2010Delivers 2010 Tepal Project Option Payment to Arian Silver
04/03/2010Sets Offering Terms And Files Final Short Form Prospectus
29/01/2010and Arian Execute Definitive Option to Purchase Agreement fo...
28/01/2010Engages Salman Partners for Proposed Financing and Files Pre...
21/01/2010Aquires 100% Interest in Peruvian Properties
19/01/2010Notifies Arian Of Intention To Proceed With Option To Purcha...
05/11/2009Acquires Right To Purchase 100% Interest In The Tepal Gold-C...
20/02/2009to Initiate Aggressive Plan of Acquisition and Development f...
10/02/2009Elects not to Exercise San Agustin Option
13/10/2008To Commence Trading On The Toronto Stock Exchange
12/09/2008to be Featured on Business Television
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