|February 27, 2017|
Geologix Files Tepal PEA Technical Report On Sedar
|Vancouver, BC - February 27, 2017 - Geologix Explorations Inc. [TSX-V: GIX] ("Geologix" or "the Company") is pleased to announce that the Preliminary Economic Assessment ("PEA") on its 100% owned Tepal Gold/Copper Project located in southwest Mexico has been filed on SEDAR. The PEA results were previously disclosed in the Company's news release dated January 19, 2017.|
The PEA is entitled "Preliminary Economic Assessment on the Tepal Project, Michoacán, Mexico" effective January 19, 2017 and signed February 24, 2017 (the "Technical Report"). The Technical Report was authored by independent Qualified Persons, and is in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.
The Technical Report is available under the Company's profile at www.sedar.com and can also be found on the Company's website at www.geologix.ca.
About Geologix Explorations Inc.
Geologix is a mineral exploration and development company focused on acquiring, exploring, and developing mineral resource opportunities with the potential to host profitable mining operations. The Company's primary focus is the Tepal Gold/Copper Project in Michoacán, Mexico.
On behalf of the Board of Directors,
President and Chief Executive Officer
For Further Information, Please Contact:
You can view the Next News item: Wed Mar 1, 2017, Geologix Announces Key Management Appointment and Issuance of Stock Options
You can view the Previous News item: Thu Jan 19, 2017, Geologix Announces Tepal Preliminary Economic Assessment: US$169M After-Tax NPV (5%) and 24% IRR Using US$1,250/Oz. Gold Price and US$2.50/LB Copper Price With US$214M Initial Capex
You can return to the main News page, or press the Back button on your browser.