Sura

Summary

Location:	Geologix Exploration's Sura gold property is located in Huancavelica Department approximately 200 kilometres southeast of Lima, and 50 kilometres east of the village of Huaytara, a local source of supplies and accommodations.
Communities:	Lands at Sura are uninhabited and only used for seasonal grazing.
Infrastructure:	The paved Libertador highway (Pisco -- Ayacucho) provides good access to the Sura area. Local dirt roads allow vehicle travel to the core of the property.
Properties:	The Sura property is comprised of three exploration concessions totaling 5700 hectares.
Ownership:	Geologix owns the Sura concessions 100%
Royalties:	No royalties to underlying owners are applicable.

Introduction

The Sura concessions cover a portion of a very large zone (or more likely coalescing zones) of high sulphidation style hydrothermal alteration hosted in volcanic rocks.

Details of the Sura Property

Reconnaissance geological mapping and rock sampling have returned low-level gold anomalies (to 0.12 g/t Au). Follow-up grid soil sampling completed over the area of the best rock anomalies has defined a large coherent northwest-trending gold-in-soil anomaly 300 metres wide and 550 metres long. Sample values within the anomaly average 0.07 g/t Au with individual samples containing 0.02 to 0.17 g/t gold. The anomalous trend appears to continue, although less well defined, over the total length of the grid area, or in excess of 1.5 kilometres in length and 200 - 300 metres in width. Additional sampling is required to better define the overall extent and magnitude of the anomaly. Follow-up geological and geophysical investigations are planned.