Goldex Resources (TSX-V.GDX)
Shares Issued 48,377,958
Last Close July 10, 2008 $0.07
VANCOUVER, July 11 /CNW/ -
Mr. Charles Ross reports
Goldex Resources Corporation is pleased to announce that fieldwork has
commenced on its Arco I and Arco II properties.
The first of two twenty-day field work periods of geological mapping and
outcrop sampling commenced on June 7th and was completed on June 27th 2008.
Initial geological mapping has been completed over the southern 1/3 of the
project and several new vein structures have been identified and sampled. The
second field work period commenced on July 10th and is estimated to be
completed by July 30th. A third work period may be required for additional
sampling, map compilation, drafting and writing of the progress report.
Project reports will be finalized after all assays are received; drill targets
may be defined at that time.
Two geologists and a field supervisor have been retained to conduct the
work and local workers are also being employed.
Goldex's Arco II property, situated in Mexico's precious metals belt, is
adjacent to the Arco I property and was acquired on January 17th 2008. This
increased the area under exploration in Mexico by over 700%. In 2007 the
Penoles La Cienega mine, which lies approximately 100 km to the west of
El Arco, produced approximately 139,000 oz gold, 993,000 oz silver, 8000 tons
lead and 9500 tons zinc.
Goldex is well funded to carry out this year's exploration and drilling
Goldex Resources Corporation is a junior exploration company exploring
for gold in the Americas. Goldex's strategically-focused operations highlight
prestigious properties, a world-class geology team and a global investment
For further information:
For further information: Dan Audet, Corporate Communications, Tel. (778)
989-7208, Email: email@example.com