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:
News Releases
Projects
Company NewsWednesday, 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 ReleasesWednesday, February 03, 2010 Tuesday, January 19, 2010 Wednesday, December 23, 2009 Monday, December 21, 2009
Map Legend: Producer Past Producer  Development  Exploration
|