The Gold Report

Geologix Explorations Inc. TICKER: GIX:TSX Visit Company Website Geologix Explorations Inc. is a mineral exploration company focused on acquiring, exploring and developing mineral resource opportunities with the potential to host world-class deposits. The company's primary focus is the Tepal Gold-Copper Porphyry Project in Michoacán State, Mexico, where the company has completed a PEA and initiated resource expansion drill programs. In March of 2011, Geologix announced an updated resource estimate increasing the project's Indicated tons by 131%, and the Inferred tons by 69%. Further expansion drilling and target delineation are ongoing. Read Geologix featured in Mining Journal (4/8/2011)

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

The Gold Report Interview with Philip Ker (1/27/12) "I'm still quite bullish on Geologix Explorations Inc. as the economics only become more attractive should copper prices remain above our long-term outlook. The company's Tepal project in Mexico is an attractive play that has become more appealing on top of its already robust economics. Recent drilling has demonstrated a higher-grade zone below the current pit shell, which is showing two to three times the grades used within the existing resource. It is currently at a valuation suggesting approximately $5/oz Au eq. . .It has completed a substantial drill program to define the outer limits of the deposit. There are still 96 holes of assays to come from this drill program. . .The economics are robust for Tepal and I am astonished at such a low valuation that the market is giving it at this point." More >

Peter Grandich, Grandich Letter (1/20/12) "Following several successful resource expansion drill programs under Geologix Explorations Inc.'s stewardship, the company has nearly doubled the tonnage and grown Tepal to 1.6 Moz gold and 725 Mlb copper and moved from an exploration prospect to prefeasibility stage in less than 2 years. And with results like the ones released yesterday (which included 104.8m grading 1.45 g/t gold and 0.44% copper), there are strong indications that this project may get substantially bigger as it advances toward possible production by 2014."

Philip Ker, Union Securities (1/17/12) "Geologix Explorations Inc. recently completed a 160 hole, 30,000m drill program in order to expand and infill identified resources at its 100%-owned Tepal gold and copper project in Mexico; with 96 holes of results still pending, the company should be providing steady news flow over the coming weeks and months. . .the grades are approximately triple the average used for this zone within Geologix's April 2011 NI 43-101 resource estimate and coupled with tighter drill spacing, it should significantly add to the deposit's resources and upgrade resources from the Inferred to Indicated category."

Steve Parsons, National Bank Financial (1/17/12) "Seventeen drill holes at Geologix Explorations Inc.'s Tepal South zone returned weighted average 0.47 g/t Au and 0.21% Cu over 59m; importantly, highlight hole TEP-11-026 intersected 104.8m grading 1.45 g/t Au and 0.44% Cu starting 317.2m down the hole, outlining a higher-grade structure that extends to depth. . .if higher grades persist at depth, the potential exists to evaluate underground mining opportunities. . .we are reiterating our Outperform rating."

The Gold Report Interview with Dale Mah (12/19/11) "Geologix Explorations Inc. has drilled a lot of meters this year and is going to do another resource estimate to see how much bigger it was able to make its Tepal gold-copper porphyry project in Mexico. It increased the drill density, upgraded its resources and will move on to a PFS, probably next year. That will constrain the engineering and costs to a much higher confidence level."

• Corporate Presentation (9/6/11)

• Click Here to listen to an interview with CEO Duhham Craig (11/30/11)

(7/5/11) GIX's Tepal Project 3D Tour Video

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