Focused in Mexico
Geologix Explorations Inc. (TSX: GIX) is a Canadian mineral exploration company focused on acquiring, exploring, and developing promising mineral resource opportunities. The Company's primary focus is its 100% owned Tepal Copper-Gold Porphyry Project in Michoacán State, Mexico. The Company recently completed a Preliminary Feasibility Study ("PFS") at Tepal, and is currently working to move the project towards a Bankable Feasibility Study ("BFS") and production.
Upon completing successful exploration, resource definition, and infill drill programs in 2010 and 2011, the Company released an updated resource estimate for Tepal in March of 2012. This updated estimate formed the foundation of the positive PFS, released in March of 2013. Geologix is currently investigating financing options in order to advance the Tepal project.