Geodex Moves Forward with Pabineau Moly Project

- September 17th, 2013

Geodex Minerals Ltd. (TSXV:GXM) announced the completion of data compilation and exploration program plans for its Pabineau molybdenum project as well as its South Dungarvon tin project, both located in New Brunswick, Canada.

Geodex Minerals Ltd. (TSXV:GXM) announced the completion of data compilation and exploration program plans for its Pabineau molybdenum project as well as its South Dungarvon tin project, both located in New Brunswick, Canada.

As quoted in the press release:

The Pabineau project is in an area of extensive glacial till cover. Previous work has identified a number of boulders containing molybdenite. Assays from various boulders included 0.254% Mo, 0.244% Mo and 0.149% Mo. Molybdenum soil and stream sediment anomalies have been reported in multiple locations within the property. Historic packsack drilling in the northern part of the property intersected near-surface molybdenum mineralization with reported intersections including 1.68% MoS2 over 0.8 metres and 0.32% MoS2 over 1.5 metres.

Geodex plans on using an Induced Polarization (‘IP’) geophysical survey, prospecting, soil sampling and trenching in order to further define the previously defined anomalous areas.

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

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