Monday 5th December 2016

Resource Clips


Posts tagged ‘Geologix Explorations Inc. (GIX)’

Geologix reports Mexico Results as high as 1.04 g/t Gold over 188.8m

January 17th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningGeologix Explorations Inc TSX:GIX announced assays from its Tepal Property in Michoacán State, Mexico. Highlights include

1.04 g/t gold, 0.4% copper and 2.7 g/t silver over 188.8 metres
(including 1.45 g/t gold, 0.44% copper and 1.3 g/t silver over 104.8 metres)
0.91 g/t gold, 0.35% copper and 1.3 g/t silver over 142.6 metres
(including 1.04 g/t gold, 0.38% copper and 1.2 g/t silver over 112 metres)
0.72 g/t gold, 0.18% copper and 2.1 g/t silver over 121.4 metres
(including 0.89 g/t gold, 0.2% copper and 2.3 g/t silver over 83 metres)
0.22 g/t gold, 0.12% copper and 2.5 g/t silver over 104 metres
(including 0.41 g/t gold, 0.24% copper and 1.2 g/t silver over 155 metres)

President/CEO Dunham Craig stated, “Once again, we are very pleased with the progress being made through this latest drill program. Not only do these results expand the depth of mineralization with elevated gold and copper grades, but the large footprint and steadily increasing grade at depth give us an opportunity to consider adding an underground bulk mining element into the mine plan, which would be a positive add-on to the current open-pit mining schedule. Given that these extension intervals coarsely define an area, below the pit bottom, measuring 200 metres by 200 metres by 100 metres, this additional discovery has potential to add considerably to the Tepal Project’s economics.”

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Contact:
Dunham Craig
President/CEO
or Jeffrey Wilson
VP of Corporate Communications
604.694.1742
888.694.1742

by Greg Klein

Geologix reports Mexico Results of 0.32 g/t Gold, 0.15% Copper over 226.1m

December 5th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningGeologix Explorations Inc TSX:GIX announced assays from its Tepal Gold-Copper Project in Michoacán State, Mexico. Results include

0.32 g/t gold, 0.15% copper and 1 g/t silver over 226.1 metres
0.32 g/t gold, 0.14% copper and 1.2 g/t silver over 232.9 metres
0.26 g/t gold, 0.19% copper and 1.9 g/t silver over 140.7 metres
0.34 g/t gold, 0.18% copper and 1.7 g/t silver over 85 metres
0.19 g/t gold, 0.21% copper and 2 g/t silver over 141.4 metres
0.21 g/t gold, 0.17% copper and 2.5 g/t silver over 107.9 metres

President/CEO Dunham Craig remarked, “We are pleased with the first results from the Tizate Zone drilling as once again drill results from this important program are meeting our main objective to achieve the necessary drill density to upgrade the resource category in an updated resource estimation for a prefeasibility study. We are equally pleased to see several intersections of elevated gold grades within the central portion of Tizate. We’re also encouraged by depth extension results from holes TIZ-11-062, TIZ-11-063 and TIZ-11-065 that appear to be expanding the mineralization at depth with higher-than-average grades. These latest results combined with the 37 resource expansion holes drilled at Tizate earlier in the year (subsequent to the April 2011 PEA and reported in the news release dated July 20, 2011) give us encouragement for the potential to expand Tizate.”

View Company Profile

Contact:
Dunham Craig
President/CEO
or Jeffrey Wilson
VP of Corporate Communications
604.694.1742
888.694.1742

by Greg Klein

Geologix reports Mexico Assays up to 0.54 g/t Gold, 0.26% Copper over 279.5m

October 26th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningGeologix Explorations Inc TSX:GIX announced results from its Tepal Property in Michoacán State, Mexico. Highlights include

0.54 g/t gold, 0.26% copper and 1.3 g/t silver over 279.5 metres
(including 0.86 g/t gold, 0.38% copper and 0.9 g/t silver over 102.5 metres)
0.39 g/t gold, 0.21% copper and 0.5 g/t silver over 213.4 metres
0.88 g/t gold, 0.26% copper and 1.4 g/t silver over 79.9 metres
0.59 g/t gold, 0.27% copper and 1.4 g/t silver over 140 metres
0.67 g/t gold, 0.25% copper and 1 g/t silver over 91.1 metres
0.67 g/t gold, 0.3% copper and 0.8 g/t silver over 64.1 metres

President/CEO Dunham Craig stated, “We are pleased with the initial South Zone results as they fulfill our targets of expanding the deposit’s potential size, encountering higher-than-average grades over sizable widths and confirming the potential to upgrade the resource to a higher mineral category in preparation for a new resource to be used in a prefeasibility study. We’re specifically pleased with the depth extension and higher grades encountered in hole TEP-11-012, as it’s the first reported hole to test beneath the previous resource boundary. With over 140 holes yet to be reported from this program, these early results give us encouragement for the potential to identify additional mineralization at depth in subsequent holes yet to be reported from the South and North zones.”

View Company Profile

Contact:
Dunham Craig
President/CEO
or Jeffrey Wilson
VP of Corporate Communications
604.694.1742
888.694.1742

by Greg Klein