Press release from Marketwire
Geologix Commences Drilling at Tepal and Libertad Projects in Mexico
Monday, June 21, 2010
Geologix Commences Drilling at Tepal and Libertad Projects in Mexico11:08 EDT Monday, June 21, 2010VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2010) - Geologix Explorations Inc. (TSX:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(MUNICH:GF6)(STUTTGART:GF6) (the "Company") is pleased announce the commencement of drilling at both the Tepal and Libertad Projects in Mexico.TEPAL At the Tepal gold-copper porphyry project in Michoacan State, Mexico, a diamond drill rig has been mobilized to the project and drilling of the first hole commenced Friday, June 18th. This represents the beginning of the previously announced proposed 5,000 metre Phase 1 resource expansion drilling program planned to test multiple highly prospective target areas delineated from a recently completed geophysical survey over the core area of the project. The first drill hole has been collared approximately 300 metres west of the current resource and will continue to test the area surrounding the currently known North and South resource zones. A second drill rig is expected to be mobilized to the property in the coming weeks and will focus on multiple step-out targets delineated 800 to 1,500 metres east of the current resource areas. An additional 5,000 metre Phase 2 program at Tepal is planned, and will be designed based on the Phase 1 results. LIBERTADAt the Libertad gold-silver project in Sonora State, Mexico, drilling of a proposed 2,000 metre drilling program commenced on June 17th. Drilling at Libertad will follow up on results from recently completed trenching and geophysical programs. Initial holes will test beneath the trenches to determine the style and character of the mineralization. Additionally, drilling will be targeted at depth to test the zone where geophysical surveys indicate the presence of a geophysical signature that widens to 700 metres at a depth of 125 metres.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 Michoacan State, Mexico, where the Company is aggressively exploring for potential resource expansion, and advancing toward preliminary economic assessment of the project in its ongoing effort to upgrade and increase the scale and viability of this emerging project.FOR FURTHER INFORMATION PLEASE CONTACT: Geologix Explorations Inc. Jeffrey Wilson V.P. Corporate Communications (604) 694-1742 Toll Free in Canada and USA: 1(888) 694-1742 firstname.lastname@example.org or Geologix Explorations Inc. Dunham Craig President & CEO (604) 694-1742 email@example.com www.geologix.ca The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.