Geodex Announces Tungsten Mine Plans

Geodex Minerals Ltd. (TSXV:GXM,FWB:G2W) announced second phase of its plan for its Dungarvon 2011 tungsten drill discovery.

As quoted in the press release:

Geodex acquired the Dungarvon Project last summer and intersected 0.022% WO₃ (tungsten oxide) over 30.90 metres in DU-11-01, the first drill hole of a reconnaissance drill program in the fall of 2011. This hole was located in the central part of the Dungarvon Project in the Peaked Mountain area. Geodex is currently planning approximately 10 to 15 holes in a 2000 metre drill hole program to evaluate the discovery area.

Geodex’s Vice President, Dave Martin said:

The new discovery in 2011 at Peaked Mountain is exciting. It has provided a focal area to design a drill program to determine if this intersection is part of a larger mineralized system with better grades, such as evidenced in the mineralized boulder train which included assays of up to 6.7% WO3 and 0.8% molybdenum.

Click here to read the Geodex Minerals Ltd. (TSXV:GXM) press release.