Drilling At Whistler Confirms Higher-Grade Zone North of Main Zone



    
    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION
    IN THE UNITED STATES/
    

    TORONTO, Oct. 2 /CNW/ - Geoinformatics Exploration Inc. (TSX-V: GXL)
("Geoinformatics", "GXL" or the "Company") is pleased to announce the assay
results from the second and third drill holes of its 2008 exploration program
on the Whistler Zone, the most developed target within the Whistler Project,
Alaska.

    
    Highlights

    -   Hole WH_08_10 intersected 166 metres grading 0.34 grams per tonne
        ("g/t") gold, 0.18% copper and 3.09 g/t silver (or 0.72 g/t gold
        equivalent) and included:

        -  76 metres grading 0.61 g/t gold, 0.27% copper and 4.16 g/t silver
           (or 1.18 g/t gold equivalent);
    

    "The identification of additional higher-grade mineralization within the
overall Whistler Zone confirms the great potential of this project," stated
Mr. Darren Holden, Chief Operating Officer of Geoinformatics Exploration Inc.
"We completed eleven holes and approximately 4,400 metres of drilling during
the 2008 drill program and anticipate releasing the results from the remaining
two holes on the Whistler Zone and four holes on additional regional targets
on the Whistler project as soon as they become available."
    Drill hole WH_08_10 was drilled approximately 200 metres north of the
Main Zone. This hole confirmed wide intercepts of higher grade mineralization
(greater than 0.70 g/t gold equivalent cut-off) contained within the overall
Whistler Zone (0.30 g/t gold equivalent cut-off). This zone, now called the
NorthEast Zone, is evidence of an additional higher grade zone of
mineralization of comparable grade to the Main Zone and is contained within
the overall Whistler Zone (refer Figure 1).
    Drill hole WH_08_09 was drilled as a 50 metre step-out north of the Main
Zone to test continuity of mineralization but did not intersect any
higher-grade material and closes off the northern limits of the Main Zone.

    
    Table 1. Drill Hole Intercept Calculations

    -------------------------------------------------------------------------
                                                                    Gold
                                                                  Equivalent
                   From      To    Interval  Gold  Copper  Silver   Grade
    Hole         (metres) (metres) (metres)  (g/t)   (%)   (g/t)    (g/t)
    -------------------------------------------------------------------------
    WH_08_09        37.5     229.0    191.5   0.13   0.09   2.59     0.34
    -------------------------------------------------------------------------
    WH_08_10        50.0     216.0    166.0   0.34   0.18   3.09     0.72
    -------------------------------------------------------------------------
    Including(*)   62.0     138.0     76.0   0.61   0.27   4.16     1.18
    -------------------------------------------------------------------------

    Intercepts calculated using a 0.30 g/t gold-equivalent cut-off on a
    minimum 10 metre width and maximum 20 metre internal dilution unless
    otherwise noted. Gold-equivalent cut-off is based on the assumptions of
    75% recovery of gold and silver and 85% recovery of copper and metal
    prices of US$550 per oz. gold, US$8 per oz. silver, US$1.50 per lb.
    copper. Gold Equivalent Grade (as opposed to the gold-equivalent cut-off)
    is presented on the basis of contained metal values assuming the above
    metal prices without metallurgical recoveries taken into account and is
    done in order to make a direct comparison to the assay grades. Cut-offs
    and gold-equivalents are standardized to the reporting methods of the
    Whistler NI 43-101 resource estimation produced by SRK Consulting
    (Canada) Ltd as filed on SEDAR (www.sedar.com).

    ((*))  Indicates higher-grade intercepts calculated using a 0.70 g/t
           gold-equivalent cut-off on a minimum 10 metre width and maximum
           20 metre internal dilution.

    Both holes were angled approximately orthogonal to mineralization and
    hence approximate the "true width" of mineralization in these areas.

    To view Figure 1 please visit: http://files.newswire.ca/723/fig-1.doc

        Table 2. Drill Hole Details (coordinates in NAD83 UTM Zone 5)

    -------------------------------------------------------------------------
                   Easting      Northing     Azimuth       Dip      Depth
    Hole           (metres)     (metres)    (degrees)   (degrees)  (metres)
    -------------------------------------------------------------------------
    WH_08_09        518689      6871568        90          -60        274
    -------------------------------------------------------------------------
    WH_08_10        518600      6871680        90          -70        344
    -------------------------------------------------------------------------
    

    The Whistler Project

    The Whistler Project is located approximately 160 km. northwest of
Anchorage, Alaska. Whistler is one of the largest groups of contiguous mineral
claim blocks held by a single company in Alaska, outside of existing mines and
mine development projects. The Whistler Zone hosts a NI 43-101 compliant
Indicated resource of 30 million tonnes grading 0.87 g/t gold, 2.46 g/t silver
and 0.24% copper and an Inferred resource of 134 million tonnes grading
0.64 g/t gold, 2.18 g/t silver and 0.20% copper. In addition, there is
considerable mineralization in the Whistler Zone that has been identified by
drilling and reported in the 43-101 resource technical report filed on SEDAR
(www.sedar.com), but has not yet been categorized as a mineral resource. The
independent resource estimate is dated February 15, 2008 and was compiled by
SRK Consulting (Canada) Inc.
    The Whistler Zone is just one of a cluster of targets and prospects
within the 440 sq. km. block of 732 State of Alaska mining claims that make up
the Whistler Project. Most of these targets are covered by shallow alluvial
sediments and do not have the significant outcrop of the Whistler Zone, but do
have comparable geophysical, geological and/or geochemical signatures.

    Kennecott - Geoinformatics Alliance Agreement

    The Whistler Project was conveyed to Geoinformatics under the
target-of-merit provisions of the Kennecott-Geoinformatics Master Strategic
Alliance Agreement (the "Alliance Agreement") in June 2007, and all Whistler
targets and prospects mentioned in this press release fall under it. Kennecott
retains a back-in right to acquire either a 51% or 60% interest in the
Whistler Project and all other projects subject to the Alliance Agreement,
which is exercisable under certain circumstances. Please refer to
Geoinformatics' press-release dated August 14, 2006, for further information.

    Qualified Person

    The technical content of this release has been compiled by Mr. Darren
Holden, MAusIMM, Chief Operating Officer of Geoinformatics. Mr. Holden is a
Qualified Person as defined under NI 43-101 guidelines.

    About Geoinformatics

    Geoinformatics is a North American focused minerals exploration company
which has developed a unique approach to exploration applying innovative and
proprietary technology.
    In addition to the Whistler Project, Geoinformatics is also actively
exploring several advanced projects located in Sinaloa and Sonora (Mexico),
the Cortez Trend region of Nevada, and British Columbia. Geoinformatics also
has an extensive portfolio of other direct and indirect property interests,
joint ventures, and royalties covering a wide range of minerals in Mexico,
Australia, New Zealand and North America.

    This news release includes certain forward-looking statements concerning
the future performance of Geoinformatics' business, operations and financial
performance and condition, as well as management's objectives, strategies,
beliefs and intentions. Forward-looking statements are frequently identified
by such words as "may", "will", "plan", "expect", "anticipate", "estimate",
"intend" and similar words referring to future events and results.
Forward-looking statements are based on the current opinions and expectations
of management. All forward-looking information is inherently uncertain and
subject to a variety of assumptions, risks and uncertainties, including the
speculative nature of mineral exploration and development, fluctuating
commodity prices, competitive risks and the availability of financing, as
described in more detail in Geoinformatics' securities filings available at
www.sedar.com. Actual events or results may differ materially from those
projected in the forward-looking statements and the reader is cautioned
against placing undue reliance thereon. We assume no obligation to revise or
update these forward-looking statements.

    
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.
    





For further information:

For further information: Ms. Petra Decher, President & CFO, Tel: (416)
861-1300 x225, Email: petrad@geoinformex.com, Geoinformatics Exploration Inc.,
80 Richmond Street West, Suite 303, Toronto, Ontario, M5H 2A4,
www.geoinformex.com; Mr. Darren Holden, Chief Operating Officer, Tel: (604)
605-3073 x105, Email: darrenh@geoinformex.com; Geoinformatics Exploration
Inc., 700 West Pender Street, Suite 304, Vancouver, British Columbia, V6C 1G8

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