Geoinformatics Identifies Extensive Silver and Copper-Molybdenum Anomalies at its La Noria Project in Mexico



    Rock-chip grades up to 1,020 g/t silver and 0.75% Molybdenum

    TORONTO, June 4 /CNW/ - Geoinformatics Exploration Inc. (TSX-V: GXL)
("Geoinformatics" or the "Company") is pleased to announce that it has
identified two new large polymetallic geochemistry anomalies known as "El
Tiro" and "El Zapote East" on its La Noria Project ("La Noria") in Sinaloa,
Mexico. The new areas are in addition to the National Instrument (NI) 43-101
polymetallic mineral resource on the Azulitas Prospect and the new
previously-announced discoveries at the Los Laureles and Mozulitas Prospects
on the property.

    
    Highlights

    -         Surface geochemical sampling at El Tiro revealed:

        -  High-grade rock-chip samples up to 0.75% molybdenum and 33.2 grams
           per tonne (g/t) silver.

        -  An area 1,000 metres by 700 metres with a copper soil anomaly
           averaging 720 parts per million (ppm) copper, 1.2 g/t silver and
           17 parts per billion (ppb) gold.

    -         The El Tiro anomaly is enclosed entirely within a larger copper
              soil anomaly exceeding 200 ppm over an area of 2.7 km. by
              1.2 km.

    -         Surface geochemical sampling at El Zapote East revealed:

        -  High-grade rock-chip samples up to 1,020 g/t silver (29.7 ounces
           per ton).

        -  An area 780 metres by 200 metres with a polymetallic soil anomaly
           averaging 7.8 g/t silver, 620 ppm copper, 32 ppm molybdenum,
           800 ppm lead and 617 ppm zinc.

    -         The El Zapote East anomaly is entirely enclosed within a larger
              silver soil anomaly exceeding 2.0 g/t silver over 1.1 km. by
              800 metres.
    

    Darren Holden, Executive Vice President of Geoinformatics commented, "The
El Zapote East anomaly is of particular geological and economic interest as it
hosts some of the highest continuous concentrations of lead-zinc-silver in
soil samples found to-date at La Noria. The association of these minerals is a
possible indication of a different and more distal style of mineralization
compared to that discovered at Azulitas, Los Laureles and Mozulitas. In
addition, El Tiro is an extremely interesting prospect with one of the largest
continuous geochemical anomalies on the property. With several soil samples
above 1,500 ppm copper, and extremely high-grade rock chip samples up to 0.75%
molybdenum, this prospect has become yet another highly prospective drill
target at La Noria."
    Geoinformatics has developed an aggressive one-year work program for La
Noria which includes drill-out to the Indicated Resource category on Azulitas,
Los Laureles and Mozulitas, as well as reconnaissance drilling on other
prospects, such as Amarillito, El Tiro and El Zapote East. Following the
completion of the work program, a preliminary economic assessment ("Scoping
Study") will be commenced on the project which will assess the possibility of
combining resources from the various prospects to support an integrated mining
operation.

    La Noria NI 43-101 Resource and Discoveries

    The two new exploration prospects will complement the previously
announced NI 43-101-compliant resource and other discoveries at La Noria which
include:

    
    Azulitas: Azulitas hosts an NI 43-101-compliant Inferred Mineral Resource
              of 5.63 million tonnes grading 0.54% copper, 12.2 g/t silver,
              0.08 g/t gold and 0.04% molybdenum which comes to surface.

    Los Laureles: Los Laureles drilling has produced numerous mineralized
                  intersections including 107 metres grading 0.12% molybdenum
                  (0.20% MoS(2)), 0.14% copper, 0.08 g/t gold and 11.9 g/t
                  silver within a breccia zone which comes to surface with a
                  mapped extent and surface geochemistry anomaly over
                  750 metres long to 180 metres wide.

    Mozulitas: Mozulitas has confirmed mineralization over a strike length of
               75 metres from two drill holes to-date with drill intercepts
               up to 57 metres grading 0.10% molybdenum, including 12 metres
               grading 0.32% molybdenum.

    Amarillito: Amarillito has two drill holes to-date which include
                65 metres grading 0.31% copper and 11.6 g/t silver.
    

    El Zapote East Prospect

    El Zapote East is located approximately 3 km. north of Los Laureles.
Regional reconnaissance soil geochemistry on a grid of 100 metres by 50 metres
revealed a geochemical soil anomaly averaging 7.8 g/t silver, 620 ppm copper,
32 ppm molybdenum, 800 ppm lead and 617 ppm zinc over an area 780 metres by
200 metres. It is enclosed entirely within a much larger soil anomaly of
greater than 2 g/t silver over an area of 1.1 km. by 800 metres. Rock-chip
samples in the area are as high as 1,020 g/t silver (29.7 ounces per ton). The
soil anomaly is open to the north.

    Figure 1. El Zapote East - silver in soil contour map with rock-
    chips. (See http://files.newswire.ca/723/Figures.doc)

    The El Tiro Prospect

    El Tiro is located approximately 3 km. east of Los Laureles. Regional
reconnaissance and prospecting identified several areas of outcropping
breccias similar to the Los Laureles breccia. A subsequent soil sampling
program based on a 100-metre by 100-metre grid revealed a large soil anomaly
over 2.7 km. in length by 1.2 km. in width with greater than 200 ppm copper in
soils. Within this anomaly are several high-tenor areas including an area
known as "El Tiro Centro" which is approximately 1,000 metres by 700 metres
with soil samples averaging 720 ppm copper, 1.2 g/t silver and 17 ppb gold. In
addition, two molybdenum anomalies each over 500 metres long and 200 metres to
500 metres in width were also identified. Rare and scattered outcrop produced
rock-chip samples up to 0.75% molybdenum and 33.2 g/t silver were also
identified. The soil anomaly is still open to the west, and recent
reconnaissance work has found scattered breccia bodies between El Tiro and Los
Laureles that could possibly provide a geological and structural link between
the two prospects.

    Figure 2. The El Tiro Prospect copper and molybdenum in soil contour map
    with rock-chips. (See http://files.newswire.ca/723/Figures.doc)

    About La Noria

    La Noria consists of mineral claims and option agreements covering an
area of approximately 202 sq. km. in low-rolling hills approximately 60 km.
northeast of the major port of Mazatlan in the State of Sinaloa. It lies
35 km. from a main rail-line and is intersected by numerous roads and tracks
that are accessible for most of the year and is serviced with electric power.
Geoinformatics recently extended the mineral claims to the east.
Geoinformatics' current objective at La Noria is to identify sufficient
resources from several prospects, including the Azulitas NI 43-101-compliant
resource, to support an integrated mining operation.

    Figure 3. La Noria Project Area
    (See http://files.newswire.ca/723/Figures.doc)

    Qualified Person

    The technical content of this release has been compiled by Darren Holden,
MAusIMM, Executive Vice President, Operations of Geoinformatics. Mr. Holden is
a Qualified Person as defined by NI 43-101.

    About Geoinformatics

    Geoinformatics is a North American-focused exploration company with
mineral resources and discoveries in Alaska, Nevada, Utah, British Columbia
and Mexico.
    The Company recently announced an independent NI 43-101-compliant mineral
resource estimate with an Indicated Resource of 840,000 ounces of gold and an
Inferred Resource of 2.7 million ounces on the initial discovery zone at the
Whistler Project in southern Alaska. The Indicated category contains
30 million tonnes grading 0.87 g/t gold, 2.46 g/t silver and 0.24% copper and
the Inferred category contains 155 million tonnes grading 0.62 g/t gold,
2.15 g/t silver and 0.19% copper. Significant copper and silver mineralization
increases the Indicated gold-equivalent mineral resource to 1.3 million ounces
and the Inferred mineral resource to 4.4 million ounces.
    In addition to La Noria, Geoinformatics also holds several advanced stage
exploration projects in Utah, the Cortez Trend region of Nevada, and British
Columbia.

    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 our recent securities filings available at
www.sedar.com. Actual events or results may differ materially from those
projected in the forward looking-statements and Geoinformatics cautions
against placing undue reliance thereon. Neither Geoinformatics nor its
management assumes any 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.

    
    APPENDIX -SAMPLE DETAILS

    El Zapote East - Rock-chip Samples
    -------------------------------------------------------------------------
    Sample ID  Easting  North   Silver  Gold  Copper  Molybdenum  Lead  Zinc
                                (g/t)   (ppb) (ppm)     (ppm)    (ppm)  (ppm)
    -------------------------------------------------------------------------
    SWP129729  392636  2613344  1020.0    37    548       5      4120     94
    -------------------------------------------------------------------------
    SWP130481  392656  2613032    62.5     5    174      24       953     58
    -------------------------------------------------------------------------
    MG11231    392000  2612682    56.6   BDL    169       2      5070     88
    -------------------------------------------------------------------------
    SWP129726  392328  2613290    36.5   265    205      38       461    130
    -------------------------------------------------------------------------
    SWP130479  392103  2612520    12.7    19    293      10      3670     75
    -------------------------------------------------------------------------
    MG11226    392009  2612009     8.9    13  1,620       4        23     95
    -------------------------------------------------------------------------
    MG11230    392296  2612686     8.6   BDL    157       5       268    120
    -------------------------------------------------------------------------
    SWP130482  392591  2613086     6.5   BDL    106      59        40     28
    -------------------------------------------------------------------------
    SWP129734  392404  2612425     5.4    22  1,590      34        90    234
    -------------------------------------------------------------------------
    6747       392517  2612427     4.8   BDL     36      15        28     26
    -------------------------------------------------------------------------
    6768       393072  2612590     4.3    22     52     252       558     65
    -------------------------------------------------------------------------
    MG11220    392864  2612705     4.0    11     32      33       191     90
    -------------------------------------------------------------------------
    6744       391751  2612848     2.6     8     58       5       104  1,395
    -------------------------------------------------------------------------
    SWP129732  392430  2612588     2.2    17     32      27        80     19
    -------------------------------------------------------------------------
    MG11225    392333  2612419     2.1   BDL     57       4       111    158
    -------------------------------------------------------------------------
    MG11218    392454  2612417     1.8   BDL     72      25       330    309
    -------------------------------------------------------------------------
    SWP130480  392677  2612854     1.2    10     53      47        40     27
    -------------------------------------------------------------------------
    MG11229    392198  2612821     1.0   BDL     31       7        19     32
    -------------------------------------------------------------------------
    SWP129397  391960  2612420     1.0    12     43       2        66     91
    -------------------------------------------------------------------------
    MG11232    391895  2612687     0.9   BDL     39       2        90     45
    -------------------------------------------------------------------------
    6745       392173  2612925     0.8    25    226     113        21     59
    -------------------------------------------------------------------------
    MG11221    392805  2612747     BDL   BDL     16      74        15     28
    -------------------------------------------------------------------------
    MG11228    392255  2612744     BDL   BDL     26       3        32     63
    -------------------------------------------------------------------------
    SWP129731  392734  2612785     BDL   BDL     31      69        47     28
    -------------------------------------------------------------------------
    SWP130483  392508  2613180     BDL   BDL     16      13        19     11
    -------------------------------------------------------------------------


    El Tiro - Rock-chip Samples
    -------------------------------------------------------------------------
    SampleID   Easting  Northing  Gold  Silver Copper  Molybdenum  Molybdenum
                                  (ppb)  (g/t) (ppm)      (ppm)        (%)
    -------------------------------------------------------------------------
    359577     2608737   396216    27    9.5      7       7,450         0.75
    -------------------------------------------------------------------------
    15015       395114  2609795   BDL    BDL     15       1,480         0.15
    -------------------------------------------------------------------------
    SWP125751   394278  2608497    33    0.8     63         230         0.02
    -------------------------------------------------------------------------
    15002       396709  2608783     5    BDL     12         223         0.02
    -------------------------------------------------------------------------
    14999       395200  2610120    11    3.8     47         116         0.01
    -------------------------------------------------------------------------
    SWP125599   395564  2608570    13    1.8    450          38         0.00
    -------------------------------------------------------------------------
    SWP125373   394664  2607972    50    6.0    639          19         0.00
    -------------------------------------------------------------------------
    15006       394835  2610463     7    2.1    190          16         0.00
    -------------------------------------------------------------------------
    SWP125384   395177  2607852   BDL    BDL     21           7         0.00
    -------------------------------------------------------------------------
    15001       396851  2609336   BDL    BDL      8           4         0.00
    -------------------------------------------------------------------------
    15007       394792  2610356   BDL    BDL      9           4         0.00
    -------------------------------------------------------------------------
    SWP125372   394924  2607783   BDL    BDL     19           3         0.00
    -------------------------------------------------------------------------
    SWP125752   394425  2608115    42   33.2     82           2         0.00
    -------------------------------------------------------------------------
    SWP125755   394556  2607991     6    2.6     76           2         0.00
    -------------------------------------------------------------------------
    SWP125763   394547  2608909     5    0.8    102           2         0.00
    -------------------------------------------------------------------------
    SWP125753   394323  2608074   BDL    7.1     47         BDL         0.00
    -------------------------------------------------------------------------
    

    BDL indicates "below detection limit". Soil samples were collected by
digging 3 small pits approximately 20 centimetres deep and sieving in a single
soil sample. Rock chip samples were collected as either in-situ rock-chip or
proximal float. All samples were prepared by ALS Chemex in Hermosillo, Mexico,
and then sent to ALS Chemex laboratory for ICP AES with 3-acid digest. Blank
and duplicate quality control samples are inserted for soil sampling at a
ratio of approximately 1:11. Conversions: 1,000 ppb = 1 ppm = 1 g/t. 10,000
ppm = 1%
    %SEDAR: 00007774E




For further information:

For further information: Mr. Kevin L. Snook, Chairman, Tel: (416)
861-1300 x226, Email: kevins@geoinformex.com, Geoinformatics Exploration Inc.,
330 Bay Street, Suite 1109, Toronto, Ontario, M5H 2S8; Mr. Darren Holden,
Executive Vice President, Operations, 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

Organization Profile

GEOINFORMATICS EXPLORATION INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890