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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.
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
| 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
|
Additional Address/Key ContactCDN/US Toll Free 1-888-694-1742 |
CapitalIssued & Outstanding: 50,863458
|
Year EndDecember 31 |