Geologix Explorations Inc.

Geologix Explorations Inc.

September 25, 2007 09:40 ET

CORRECTION: Geologix Explorations Expands Main Zone at San Agustin With High Grade Intercepts

- 56 METRES of 1.35(g/t) GOLD and 7.59(g/t) SILVER (DH-SA-102) - 38 METRES of 2.04(g/t) GOLD and 35.5(g/t) SILVER (DH-SA-104)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 25, 2007) - In the press release issued at 8:28 AM ET on Sept. 25, 2007 for Geologix Explorations Inc., there was an error in the second subtitle. It should have read "- 38 METRES of 2.04(g/t) GOLD and 35.5(g/t) SILVER (DH-SA-104)" instead of " - 8 METRES of 2.04(g/t) GOLD and 35.5(g/t) SILVER (DH-SA-104)". The complete and corrected release follows:

Geologix (TSX VENTURE:GIX)(FRANKFURT:GF6) is pleased to report continued exploration success with its resource definition drilling at the San Agustin Property in Durango, Mexico. Drilling results from a 100 metre step out fence of 3 holes has intercepted a 250 metre wide zone of mineralization. The mineralization remains open in all directions. In addition, higher grade gold, silver and zinc zones are being discovered as drill density increases. Typical for this deposit, either gold, silver or zinc are elevated in intervals that provide positive effects on the overall polymetallic bulk tonnage potential of the Main Zone. In addition, the step-out section lends distinct support of continuing mineralization towards Zone 2, 500 metres to the southwest. Highlights within the overall mineralized drill hole intersections are displayed in the table below. (See attached section

Zone Hole From To Interval Au Ag Pb Zn
(metres) (metres) (metres) (g/t) (g/t) (%) (%)

Main SA-102 0 130.75 130.75 0.41 6.6 0.08 0.36
incl. 52.05 63.10 11.05 0.29 14.07 0.12 0.26
incl. 74.00 130.75 56.75 1.35 7.59 0.07 0.69
Main SA-103 0 264.65 264.65 0.33 6.20 0.05 0.34
incl. 33.15 58.50 25.35 0.11 16.35 0.23 0.19
incl. 94.00 130.80 36.80 0.30 17.86 0.07 1.16
incl. 169.45 264.65 95.20 0.69 3.38 0.01 0.37
Main SA-104 0 300.2 300.2 0.48 8.91 0.07 0.48
incl. 39.75 78.00 38.25 2.04 35.52 0.43 0.12
incl. 92.00 148.00 56.00 0.42 14.23 0.45 1.73
incl. 170.00 196.00 26.00 0.22 3.33 0.00 0.41
incl. 238.00 300.20 62.20 0.38 3.21 0.01 0.27

President and CEO Dunham Craig states "To date the project has exhibited the potential to host a large bulk tonnage type gold-silver-lead-zinc deposit. The discovery of high grade zones, especially close to surface, will have a very significant positive effect in any project economics on large, bulk tonnage deposits. Geologix is pleased that it has begun to intercept these higher grade zones as our resource definition drilling increases and look forward to further positive results in the future."

Drilling Progress

Geologix has completed 21 holes (3,482 metres) in the Phase 2 drill plan of a planned 12,450 metres to be completed by December; 2007.Geologix has completed 7,400 metres of drilling of the required 15,000 metres as part of the option agreement with Silver Standard Resources. Drill results will be released on completed section drilling and the receipt of those results from the laboratory. Assay result returns have been slow due to exceptionally high volumes being received at the laboratories in general.

Qualified Person

Geologix's President and CEO, Dunham L. Craig, B.Sc., P. Geo., a 'qualified person' for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Properties of the Canadian Securities Administrators, has verified the data (including sampling, analytical and test data) and prepared or supervised the preparation of the information contained in this new release.

Quality Assurance & Control

The Company has implemented a quality assurance and control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the best possible practices. The drill core is sawn in half with half of the core samples shipped to ALS Chemex Laboratory Services Limited in Vancouver, British Columbia for analysis. The other half of the core is retained for future assay verification. The QA/QC policy includes the chain of custody monitoring, insertion of blanks, standards and duplicates in the initial samples submitted. The laboratory provides an additional internal control program.

About Geologix

Geologix Explorations Inc. is a mineral exploration company focused on acquiring, exploring and developing gold properties in North and South America. The Company has a wealth of experience in the mining industry taking early stage exploration prospects to final feasibility and ultimately to production.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Geologix Explorations Inc.
    Michael Mallard
    V.P. Corporate Communications
    (604) 694-1742 or Toll Free in Canada and USA:1-888-694-1742
    Geologix Explorations Inc.
    Dunham Craig
    President & CEO
    (604) 694-1742 or Toll Free in Canada and USA:1-888-694-1742