Geodex Discovers Tungsten-Molybdenum in Initial Dungarvon Project Drilling

- October 6th, 2011

Geodex Minerals Ltd. (TSXV:GXM) announced it has discovered significant tungsten and molybdenum mineralization over a 30 metre drill core intercept.

Geodex Minerals Ltd. (TSXV:GXM) announced it has discovered significant tungsten and molybdenum mineralization over a 30 metre drill core intercept.

As quoted in the press release,

The initial drill program consisted of six reconnaissance drill holes for a total of 635 metres. Four holes tested targets in the Peaked Mountain area while the remaining two holes were at Fall Brook, located approximately five kilometres to the north. Previous exploration results at Peaked Mountain outlined zones of geochemical and geophysical anomalies and an area with numerous molybdenum and tungsten mineralized boulders. As well, significant deep drill intersections of molybdenum, tungsten and bismuth were found by 2007 drilling in one specific part of the Peaked Mountain area. Dungarvon has similar geological characteristics to other significant New Brunswick molybdenum and tungsten deposits, including Sisson and Mt Pleasant.

Click here for Geodex Minerals Ltd. (TSXV:GXM) press release.   

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