VANCOUVER, June 6 /CNW/ - Goldex Resources Corporation (TSX-V: GDX)
www.goldex.ca set new drill targets in Guatemala, and to fly property in
As the rainy season begins in Guatemala, drilling has come to a close
until later this fall. Goldex has completed phase one drilling on the El Pato
Project in Guatemala and assay results for all holes have been received. The
results of the phase one Goldex drill program have been incorporated into the
database and a set of new cross sections and plan maps have been made to plot
geology, structures and mineralization.
Drilling results in the Principle Sectors generally confirms that the
gold mineralization encountered by Goldex Resources is similar in thickness
and grade to the holes drilled by the United Nations and Guatemala Department
of Mines. Goldex holes 9 through 12, which are located in the El Pital sector,
have intercept values that range in grade between 0 Au g/T and 13.028 Au g/T.
As stated previously, a detailed study will be completed with the construction
of cross sections, as well as plan maps and phase two drill targets. More
drilling is clearly needed as there are additional targets to be tested in
areas outside of the Principle Sectors. In particular, the mineralized sector
El Sauce presents five or six targets with exceptionally high surface, trench
and chip samples - many of which had values of 10 Au g/T. Goldex has plans to
bring the SOCOCO drill back to El Pato and drill both El Sauce as well as the
phase two targets.
Goldex is very excited about its additional property El Arco, Durango
State Mexico. El Arco is located in the Central Plateau gold and silver belt,
near the historic silver, led and zinc district of Tejamen. Goldex is
currently developing an exploration plan that will commence with flying the
property this summer. El Arco has many notable neighbours, including Penoles
La Cienega mine in Durango, which produced 1600 t/d at 7.58 g/Au, 112 g/t and
3.66% Pb/ZN. Also, Goldex Resources is currently evaluating additional
properties for potential acquisition in the Americas.
Goldex Resources Corp. is a TSX.V listed junior resource company
exploring for gold in the Americas.
Submitted on behalf of the board of directors,
"Charles Ross" CFO
The TSX Venture Exchange has neither approved nor disapproved the
contents hereof and does not accept responsibility for the adequacy or
accuracy of this release.
For further information:
For further information: please contact: Jay Friesen, Manager, Corporate
Development; Melissa Pelto, Investor Relations, Tel. (604) 669-4300, Email:
email@example.com; Goldex's web site can be accessed at www.goldex.ca