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GEODEX MINERALS LTD.

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TSX-V:GXM (CAD)  0.11 [-0.01 (-4.35%)] Feb 8 2010 - Close

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Featured Company
Type: Public
Classification: Monitor
800 WEST PENDER STREET, SUITE 450
VANCOUVER
British Columbia
Canada, V6C 2V6
Phone: +1 (604) 689-7771
Fax: +1 (604) 689-5528


Developing Advanced Tungsten/Molybdenum Resources in Canada


Geodex Minerals Ltd. (TSX.V: GXM) is a Canadian-based resource company focused on the exploration and development of two significant property areas in New Brunswick, Canada. Its flagship project, Sisson Brook, has a superior open-pittable structure with existing infrastructure in place positioning the project to become one of the largest and least expensive tungsten mines in North America.

In the near term, Geodex will be completing a pre-feasibility study which will compile the results of an upgraded resource calculation on the project. Slated for production in 2011, the Sisson Brook Project will contribute 5% of the world's current tungsten consumption. Geodex Minerals is also considered the world's largest land holder of premium indium exploration properties due to the ownership of their second property, the Mount Pleasant West Camp.

Investment Highlights:
Two major projects located in politically stable and mining-friendly New Brunswick, Canada

Flagship property: Sisson Brook

  • June 2008 Resource Calculation increased Sisson Brook Tungsten-Molybdenum-Copper deposit to 243.9 million tonnes 'Measured & Indicated' and 154.4 million tonnes 'Inferred'.
  • High-grade tonnage has been increased by 134% (0.225% WO3 equiv.)
  • Large potentially economic open-pittable Tungsten-Molybdenum deposit advancing to Pre-feasibility stage Q3,2008
  • Sisson Brook is one of the most accessible tungsten deposits in North America
  • Production would account for 5% of the world's current tungsten consumption

Mount Pleasant Camp

  • Zinc-indium-tin exploration on a large claim block with Joint Venture partner Teck Cominco
  • Significant results from 2500 m drill program:
    • 31.7 m of 62.81 g/t indium, 2.8% zinc
    • 10.23 m of 128.64 g/t indium and 3.45% zinc
  • Largest land holder of premium indium exploration properties in the world
  • Suite of additional exploration property areas with polymetallic potential

Newsletter Coverage
Lawrence Roulston, Resource Opportunities, June 2008
Brien Lundin, Gold Newsletter, July 2008
Jay Taylor, Jay Taylor's Gold & Technology Stocks, May 2008
David Coffin, Hard Rock Analyst, June 2007

Share Structure (June 2008):
Shares Outstanding: 65 million
Fully Diluted: 71 million


For more information go to:

Company News

Wednesday, February 03, 2010
Geodex Minerals announced results of the first drill program on its Nashwaak property in New Brunswick, Canada. Highlights include hole NK-09-04 intersecting 12.96 m grading 0.1084% tungsten from 43.04 m. The mineralized zones are open along strike and at depth. The significance of this discovery is that it occurs on a property which has never before been drilled.

News Releases

Wednesday, February 03, 2010
Friday, January 29, 2010
Wednesday, December 23, 2009

News on the Web

Mineral Properties Map

Map Legend:
ProducerProducer
Past ProducerPast Producer
DevelopmentDevelopment
ExplorationExploration
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