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

Gary Baschuk, Raymond James (2/16/12) "Geologix Explorations Inc. released drill results from the north zone on their 100%-owned Tepal project in Michoacan, Mexico. . .we continue to recommend investors accumulate shares of the company on what we view as significant exploration potential and rapid development (derisking). . .some holes, including TEP-11-060 and TEP-11-089, intersected gold outside the previous resource outline. . .we expect the infill results will improve the confidence level of the resource, converting Inferred to Measured and Indicated ounces."

The Gold Report Interview with Peter Grandich (2/10/12) "Geologix Exploration Inc.'s drilling news indicates that it could have something bigger. But by the time the reports start to come together in the spring, Geologix may not be around. It could become an acquisition target before it has a chance to be reasonably priced. . .the Geologixs of the world are on the lists of the majors because the majors still struggle with replenishing resources. Mexico. . .is still a very favorable mining district without many of the headaches some other areas of the world have." More >

Michael Berry, Morning Notes (2/8/12) "Geologix Explorations Inc. is a company we have owned for several years; we like the management, especially CEO Dunham Craig, and the continuing development of its Tepal property in Mexico. Last month the company announced the discovery of 104m of 1.45 grams of gold on its South Zone at Tepal in Michoacan state, as well as other promising drill results. . .we think the January drill results, the current depressed GIX share price, the volume traded and the existence of two new catalysts (an industry M&A cycle and the company's Rights Plan announcement) are indeed significant. . .the drill results on the South Zone certainly upgrade our view of Geologix's potential for a world class asset."

Lawrence Roulston, Resource Opportunities (1/31/12) "Geologix Explorations Inc. reported results of another 17 holes from the resource expansion and infill drilling program at its wholly owned Tepal gold-copper property in Mexico. . .the latest holes encountered a higher-grade system at depth in the southeast portion of the South zone. The highlight was hole TEP-11-026, which intersected 188m of 1.04 g/t gold and 0.40% copper to a drill depth of 498m, extending the mineralization approximately 200m below the bottom of the model pit used in the April 2011 preliminary economic assessment. That zone remains open in several directions. Those results are extremely significant, as they point to an area with grades well above the deposit average."

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 >

• 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

(2/3/12) GIX: Interview with CEO Dunham Craig

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