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Article: Geologix Acquires Right to Purchase 100% Interest in the Tepal Gold-Copper Project, Mexico.

Article from:
Marketwire Canada
Article date:
November 5, 2009
Copyright

VANCOUVER, BRITISH COLUMBIA, Nov 5, 2009 (Marketwire via COMTEX) -- Geologix Explorations Inc. (the "Company" or "Geologix") (TSX:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(STUTTGART:GF6)(MUNICH:GF6) is pleased to announce it has entered into an agreement with Arian Silver Corp. ("Arian") whereby Geologix has been granted the exclusive rights to purchase Arian's 100% interest in the Tepal Gold-Copper Project in the state of Michoacan, Mexico.

The Tepal project hosts a resource estimated at 1.15 million ounces ("ozs") gold and 413 million pounds ("lbs") copper (see details below). Under the terms of the agreement, Geologix can elect to complete the purchase of 100% of the ... 







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