Find out more about Subscribing Companies
Unique access to energy
investors. Global distribution
of company news.
Find out more.
Sign up for our free weekly newsletter
Informed comment and independent news delivered
by email every week.
Sign up here.
Find out more about Minesite Forums
Management and investors
are brought together at our
investor forums.
Find out more.
Bulletin Board
Join other informed investors.
Debate mining companies.
Visit Bulletin Boards.
HighGrade.net
Commodity Watch plc - holding company of Minesite
Commodity Watch Radio
Exchange Traded Gold
Terrapinn Commodity Investment World
Republic of Guinea
Mining Exploration and Investment
allipo.com
Doug Casey Research

Company Information for Geologix Explorations Inc.

Company stock charts - 12 Month chart

Exchange TSX.V; GIX


View full financial data

Company Statement

Geologix Explorations Inc. is a mineral exploration company focused on acquiring, exploring and developing gold properties in North and South America. The Company has a wealth of experience in the mining industry taking early stage exploration prospects to final feasibility and ultimately to production.


Current Operations

Mexico
San Agustin
Geologix has completed a total 21,000 metres of drilling on the project as of April 2008 and has allocated an additional 20,000 metres for 2008 as part of the Phase III drilling. Geologix has currently budgeted $7.5M for delineation and exploration drilling, resource calculations and project development activities this year. Drilling is planned to be a combination of delineation drilling expanding identified zones of mineralization as well as exploration drill testing geophysical targets on strike 800 metres northeast and 200 metres southwest from the Main Zone, Zones 2 and 4. A resource calculation has been initiated with Wardrop Engineering and this initial resource will be based on results obtained up to the end of Phase II drilling in all zones. The initial resource calculation is expected to be completed in the 2nd quarter of 2008.

Deeper drilling has begun in Zone 2 as part of the Phase III drilling. It is aimed to test the deposit depth and width along the flanks of Zone 2 and the Main Zone to identify the extent of mineralization. Both zones are currently open in all directions.

North America
Nevada
Silver Cloud - Jersey Canyon - QC Property - RO Property - OZ Property

South America
Central Peru
Newmont Alliance

To date, 32,500 hectares have been staked by the Alliance over 5 areas resulting from the programs geochemical results. The Liscay Project is the most advanced of the properties acquired by the Alliance at this time. Other holdings are in the process of being evaluated by geological mapping and sample intensive geochemical methods. It is anticipated several additional acquisitions will be made in 2008 by the Alliance reconnaissance as the source of the numerous anomalies are discovered in the field.

Over 14,800 samples have been collected within the Alliance boundary that provide a comprehensive and compelling database for definition of anomalous areas. Follow-up geological investigation of numerous identified targets is underway. 

Geologix 100% Owned
– Huacullo – Cayhua - San Felipe – Sura – Patacorral - Toro Blanco



Board of Directors and Key Management

Directors:
Robert Willis, B.Sc., P.Eng
Dunham L. Craig, P. Geo.
Randy V.J. Smallwood, P.Eng
Graham C. Thody, CA
Ray Gagnon
Eduardo Luna

Management
Robert D. Willis Chairman of the Board and Director
Dunham L. Craig CEO and President
Evelyn Abbott CFO
Siegfried (Sig) Weidner V.P. Exploration
Andrew B. Carstensen Chief Geologist

Company Address

#1003-750 West Pender Street
Vancouver, British Columbia, Canada V6C 2T8

Telephone:604.694.1742
Facsimile:604.694.1744
Email:info[at]geologix.ca
Website:http://www.geologix.ca

Additional Address/Key Contact

CDN/US Toll Free 1-888-694-1742

Capital

Issued & Outstanding: 50,863458
Options and Warrants Outstanding: 7,222,500
Fully Diluted: 58,085,958

Year End

December 31

Related News

29/08/08 - San Agustin, Mexico: A Win-Win For Geologix And Silver Standard
25/07/08 - Silver Standard Due A Pay Day As Geologix Explorations Delivers Up One Of Mexico’s Larger Polymetallic Bulk Tonnage Projects
17/12/07 - Geologix Has Ambitions To Rival Penasquito

Most Recent Statement

03/09/08 - Geologix Commences Aggressive Drill Testing Of Exploration Targets At San Agustin, Mexico
24/07/08 - San Agustin Step Out Drilling Intersects Significant Mineralization to a Depth of 417 metres
10/06/08 - San Agustin Phase III Drilling Continues To Expand Mineralization Beyond Resource Estimate
05/06/08 - Geologix Engages Financial Advisor
02/06/08 - Geologix Updates Resource Estimate for the San Agustin Project
12/05/08 - San Agustin Phase III Step Out Drilling Doubles Width in Zone 2

To top