GIX: New Tepal Resource Estimate

DALE MAH, Mackie Research Dale Mah, Mackie Research (03/17/2011)
"Geologix Explorations announced results of a revised resource estimate incorporating the results from July–December 2010 drilling at the North, South and Tizate zones on the Tepal Project in Michoacán State, Mexico. . .The updated resource estimate increases the size of the North and South zones by 18% from 2009 numbers and includes the new Tizate resource located just a few km. to the east. Total resources include 1.6 Moz. Au and 725.9 Mlb. Cu (38% indicated) for an increase of 39% and 76%, respectively, for an overall average of 54% in terms of Au equivalent."

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