Patagonia Gold Corp press release
Global Reach Goldex Resources Completes Mapping Project with Eagle Mapping
TSXV - TSX Venture Exchange · Gold · Silver · Arsenic · Antimony · Canada
Goldex Resources (TSX.V:GDX)
Shares Issued 48,377,958
Last Close June 9, 2008 $0.08
VANCOUVER, June 10 /CNW/ -
Mr. Charles Ross reports
EXPLORATION UPDATE
Goldex Resources Corporation is pleased to announce that Eagle Mapping of Vancouver B.C. has completed the mapping of its Arco I and Arco II properties in Mexico.
Topographic base maps that have been generated from this work will provide important information for the following phase of geological mapping and geochemical sampling programs that are expected to quickly identify drill targets.
Goldex's Arco II property, situated adjacent to the Arco I property optioned in early 2007, was acquired on January 17th 2008. This increased the area under exploration in Mexico from 463 to 3,381 hectares.
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 programs.
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 following.
Charles Ross
President & CFO