Geoinformatics Announces Assay Results from First 2008 Drill Hole on Whistler Zone, Alaska



    
    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
    IN THE UNITED STATES OR TO UNITED STATES PERSONS/
    

    TORONTO, Sept. 3 /CNW/ - Geoinformatics Exploration Inc. (TSX-V: GXL)
("Geoinformatics", "GXL" or the "Company") is pleased to announce the assay
results from its first drill hole of the 2008 exploration program on the
Whistler Zone, the most developed target within the greater Whistler Project,
located approximately 160km NW of Anchorage, Alaska. Hole WH-08-08 returned
726.8 meters grading 0.76 grams per tonne (g/t) gold equivalent and includes
82 metres grading 2.76 g/t gold equivalent. The mineralised intersection of
727 metres represents almost the entire length of the drill hole.
    Hole WH-08-08 was drilled on the Main Zone area of the Whistler Zone, and
targeted extensions of a previously-defined high-grade zone within the 43-101
defined resource (see below).

    
      -   726.8 metres grading 0.48 g/t gold, 0.87 g/t silver and
          0.14% copper (or 0.76 g/t gold equivalent) which included:

         -   124 metres grading 1.50 g/t gold, 0.99 g/t silver and
             0.29% copper (or 2.06 g/t gold equivalent) which also included a
             high-grade intersection of:

         -   82.0 metres grading 2.01 g/t gold, 1.12 g/t silver and
             0.39% copper (2.76 g/t gold equivalent).
    

    Hole WH-08-08

    Drill hole WH-08-08 was drilled from the north-eastern side of the
higher-grade Main Zone. The hole was designed to test extensions of the
higher-grade portions of the Main Zone including the deep inter-mineral
breccia intersected by the Company in 2007 in hole WH-07-02 with previously
reported results of 47 metres grading 1.60 g/t gold, 2.06 g/t silver and
0.40% copper. With the exception of a weaker zone of mineralization from
approximately 340 metres to 380 metres (included as dilution in the intercept
calculation), hole WH-08-08 stayed in mineralized porphyry diorite the entire
length of the hole. The hole represents the deepest extension of the
mineralized system to date and ended in mineralization at a down-hole depth of
728 metres, representing a vertical depth of approximately 625 metres.
    Drill hole WH-08-08 is the first drill hole of a 5-hole program on the
Whistler Zone/Main Zone planned for 2008. All five holes have now been
completed and samples from the remaining drill core have been submitted to the
laboratory for assaying.
    Earlier in the season, the Company completed two holes on regional
targets on the Whistler Project, Rainmaker Prospect, located approximately
2 km. southeast of Whistler Zone, which returned 151.1 metres grading
0.37 g/t gold and 0.18% copper (or 0.72 g/t gold equivalent), and Rainmaker
South Prospect, also a target within the greater Whistler Project,
approximately 2 km. south-southeast of Whistler Zone, which returned no
significant mineralization. The Company has completed its drilling on the
Whistler Zone for the season and will now focus on drilling three additional
regional targets on the Whistler Project, all within 2 kilometres of the
Whistler Zone, which is expected to be completed by the end of September 2008.

    
    Table 1. Drill Hole Intercept Calculations

    -------------------------------------------------------------------------
                                                                        Gold
    Hole            From       To  Interval  Gold  Silver Copper  Equivalent
                 (metres) (metres)  (metres) (g/t)   (g/t)    (%) Grade (g/t)
    -------------------------------------------------------------------------
    WH_08_08         1.2    728.0     726.8  0.48    0.87   0.14        0.76
    -------------------------------------------------------------------------
    Including(*)    13.0     27.0      14.0  0.45    0.56   0.40        1.20
    -------------------------------------------------------------------------
    Including(*)    90.0    214.0     124.0  1.50    0.99   0.29        2.06
    -------------------------------------------------------------------------
    Including(xx)   90.0    172.0      82.0  2.01    1.12   0.39        2.76
    -------------------------------------------------------------------------

        Intercepts calculated using a 0.3 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 different 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 0.7 g/t
              gold equivalent cut-off.

        (xx)  Indicates higher-grade intercepts calculation using a 1.5 g/t
              gold equivalent cut-off.

        Both higher grade intercepts calculated on a minimum 10 metre width
        and maximum 20 metre internal dilution.

        Hole WH-08-08 was not drilled orthogonal to the Main Zone and hence
        does not represent "true-width". True-Width for the Main Zone is
        modeled as approximately 160 metres in this area, and for the wider
        overall Whistler Zone is approximately 400 metres.

              Table 2. Drill Hole Details
        ---------------------------------------------------------------------
                                                                        Hole
        Hole       Easting  Northing  Elevation   Azimuth       Dip    Depth
                   (metres)  (metres)   (metres) (degrees) (degrees) (metres)
        ---------------------------------------------------------------------
        WH-08-08    518845   6871501        809       212       -65    728.0
        ---------------------------------------------------------------------
        All coordinates in North American Datum (NAD83) UTM Zone 5.
        Note - Azimuth and Dip deviated considerably down-hole with the
        final survey being 231 degrees and -47 degrees respectively.
    

    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 an 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 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 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.
    

    %SEDAR: 00007774E




For further information:

For further information: Ms. Petra Decher, President & CFO, Tel: (416)
861-1300 x225, Email: petrad@geoinformex.com, Geoinformatics Exploration Inc.,
330 Bay Street, Suite 1109, Toronto, Ontario, M5H 2S8; 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, www.geoinformex.com

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