Content area
Abstract
(Marketwire - Sept. 17, 2008) - Geodex Minerals Ltd. (the 'Company') (TSX VENTURE:GXM)(FRANKFURT:G2W) is pleased to provide assay results from five drill holes completed in the promising Central-East Flank area in Zone III of the Sisson Brook tungsten-molybdenum-copper project, located north of Fredericton, New Brunswick. These holes were part of the 2008 drilling program which ended in late August and comprised 11,819 metres in 48 holes.
The 2008 drilling program had two main objectives: 1) to further test the higher grade core of Zone III, including the East Flank; and, 2) to explore other promising targets on the property, in particular, the 'Ellipse' zone, adjacent to the south end of Zone III. (News Release, January 10, 2008).
Geodex released the results of the updated resource block model of Zone III molybdenum-tungsten deposit (based on 2007 and prior drilling results) in a Company News Release dated June 5, 2008. The new model shows a core area in Zone III with higher values in tungsten and molybdenum which would likely be the site of starter pits in the proposed mining development plan.