I was intrigued enough by GXM.V to take a closer look.
Their most advanced project is Sisson Brook, a tungsten/moly/copper deposit on a New Brunswick property with power lines, a highway, and a railway running right across the property. Geodex owns 70% of a JV on the property with a private company, and currently awaiting the first 43-101 Report any day now preparatory to an FBS for an open pit scheduled to be completed by yearend, with drilling metallurgical testing, and the like going on throughout. Among the deposits identified so far are Zone I (Cu/Mo/W), Zone II, Zone III (W/Mo/Cu), & Goodwin (W), with some Zn, Au, & Bi also present.
geodexminerals.org
They also own 100% of Mount Pleasant West, a 11632-ha Mo/W/BM/In/Sn property including a past-producing Mo/W/Bi mine & Pomeroy (In/Zn/Cu/Sn), Mt Pleasant S (Zn/In), Beech Hill (Zn/In), Magaguadavic West (In/Sn), & Kedron (In/Sn) deposits in New Brunswick. This is one of the world's largest deposits of Indium, and much of the property remains unexplored using modern technology.
geodexminerals.org
Geodex also has a number of other Au and W/Mo prospects in New Brunswick and Ontario, and recently hired an IR firm. As of yearend 2006 they had a basic float of 39M shares, 49M fully diluted.
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