Geologix Exploration's update on Tepal Project
Geologix Explorations Inc. (TSX:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(STUTTGART:GF6)(MUNICH:GF6)reported that the company has completed its due diligence and technical reviews of the Tepal Gold-Copper Project, Mexico of Arian Silver Corp. and delivered notice to Arian of the Company’s election to proceed with an Option to Purchase a 100% interest in the Project subject to execution of a definitive agreement between Arian and Geologix.
The press release is quoted as saying:
The Geologix team has extensive experience in exploration and development of these types of gold-copper porphyry systems which combined with our experience in Latin America, specifically Mexico, creates an excellent synergy between management and project.
Click here to access the entire press release
Click here to access Geologix Exploration Corporate Site
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Tue, Jan 19, 2010
Post by Mike Rodger, Copper Reporter