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Geologix Explorations Inc. (TSX:GIX,OTCQX:GIXEF,FWB:GF6) announced surface results from the Mexico-based Tepal gold-silver project.

Geologix Explorations Inc. (TSX:GIX,OTCQX:GIXEF,FWB:GF6) announced surface results from the Mexico-based Tepal gold-silver project.

As quoted in the press release:

Highlight samples from Target Area #3 include 6.88 grams per tonne (“g/t”) gold over 2.0 metres (“m”) and 433 g/t silver over 1.6m. A total of 656 rock chip samples were collected, of which 68 samples are 217% higher in gold and 233 samples are 1036% higher in silver than the current Measured and Indicated (“M&I”) resource grades being used in the prefeasibility study.

Geologix’s President and CEO, Dunham Craig said:

In previous Tepal surface sampling programs we have not seen results with this density and high levels of gold and silver grades. We are encouraged that we are exposing a new precious metal endowed component of the property’s geological system that has already generated our three resource pits plus the five new 2012 drill targets.

Click here for the Geologix Explorations Inc. (TSX:GIX) press release.

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