Geoinformatics Exploration Inc.
TSX VENTURE : GXL

Geoinformatics Exploration Inc.

January 18, 2007 16:16 ET

Geoinformatics Announces High-grade Copper, Silver and Molybdenum Zones Drilled by Joint Venture Partner in Mexico

TORONTO, ONTARIO--(CCNMatthews - Jan. 18, 2007) - Geoinformatics Exploration Inc. (TSX VENTURE:GXL) ("Geoinformatics" or the Company") is pleased to announce the highlights of recent drilling and exploration campaigns on two projects in Sonora, Mexico completed by its joint venture partner, Azure Minerals Ltd. (ASX: AZS, "Azure"; formerly Nickel Australia Ltd).

Highlights:

- A high-grade copper and silver zone with 24 metres of 1.2% copper has been intersected near surface in the first hole at the Potreritos Project;

- Widespread molybdenite mineralization has been intersected at the Pozo De Nacho Project; and

- Drilling is anticipated to recommence on Potreritos in February 2007.

Geoinformatics -Azure Joint Venture

The Geoinformatics-Azure joint venture covers 14 projects in Sonora, Mexico, including the Potreritos and Pozo de Nacho Projects, as shown in Figure 1. Azure is earning a 51% interest in the 14 joint venture projects by spending a total of US$4 million by July 2009. Azure recently changed its name to Azure Minerals Ltd. from Nickel Australia Ltd, reflecting its current focus on the Mexican projects.

The 14 projects comprising the Azure joint venture also fall under the Master Strategic Alliance Agreement (the "Master Agreement") between Kennecott Exploration Company ("Kennecott") and Geoinformatics as described below.

To view the Figure 1. Location of Geoinformatics-Azure joint venture projects in Sonora, Mexico map, please click on the following link: http://www.ccnmatthews.com/docs/figure1.jpg.

Potreritos Project

Azure has intersected high-grade copper and silver mineralization in the first reverse-circulation ("RC") drill hole on the Potreritos Project. The property is located in the Cumobabi district on the western edge of the highly mineralized Sierra Madre Occidental region of Sonora State, Mexico. The district contains numerous copper and molybdenum deposits hosted in intrusive breccias, including the historical Pilaries copper deposit (147 million tonnes grading 1.04% copper) and the Cumobabi molybdenum deposit (46 million tones of 0.2% MoS2).

To view the Figure 2. Potreritos drill hole locations and local geology map, please click on the following link: http://www.ccnmatthews.com/docs/figure2a.jpg.

Azure's 2006 reconnaissance exploration program on the Potreritos Project comprised geological mapping, geochemical sampling and an induced polarisation ("IP") survey which identified:

1. chalcopyrite (copper-sulphide) and copper-oxide mineralization in outcropping breccias;

2. copper values ranging up to 1.66% Cu in rock-chip samples;

3. a 700-metre long surface copper anomaly open along strike which was defined by soil sampling; and

4. several strong near-surface IP chargeability anomalies indicative of accumulations of disseminated sulphide mineralization.

Azure completed three RC drill holes totaling 507 metres (See Figure 2 above). The first two holes both intersected copper and silver mineralization as outlined in Table 1. The third hole encountered mechanical drilling problems and was subsequently abandoned.



Table 1. Potreritos Project Drill Results

------------------------------------------------------------------------
From To Interval Cu Ag
(m) (m) (m) (%) (g/t)
------------------------------------------------------------------------
POT-RC-01 7.6 32.0 24.4 1.21 11.3
------------------------------------------------------------------------
including 19.8 29.0 9.2 2.65 21.4
------------------------------------------------------------------------
including 21.3 25.9 4.6 4.92 38.2
------------------------------------------------------------------------
99.1 121.9 22.8 0.24 5.4
------------------------------------------------------------------------
including 111.3 112.8 1.5 1.63 26.2
------------------------------------------------------------------------
189.0 195.1 6.1 0.11 1.7
------------------------------------------------------------------------

------------------------------------------------------------------------
POT-RC-02 73.2 126.5 53.3 0.15 1.9
------------------------------------------------------------------------
Samples were collected in 5 foot (1.52 metre) intervals and assayed at
ALS Chemex Laboratory (Vancouver) using ICP-AES.
------------------------------------------------------------------------


The holes were drilled within a broad soil-geochemistry envelope which registered greater than 100 ppm copper over a surface area 700 metres long and up to 150 metres wide. The attitude and dip of the breccia bodies is not yet known, and therefore the true width of the intercepts cannot be calculated. Several other breccia bodies exist on the property and reconnaissance work is ongoing. Azure is expected to commence a diamond drill program in the coming weeks.

The information contained in this press release on the Potreritos Project has been sourced from Azure's Australian Stock Exchange press release dated November 13, 2006 available at www.azureminerals.com.au.

Pozo De Nacho Project

Azure has also drilled a new molybdenum-copper mineralized system at the Pozo De Nacho Project involving two diamond drill holes totaling 573 metres and four RC holes totaling 532 metres. All holes intersected molybdenite mineralization (molybdenum sulphide MoS2) in sedimentary and intrusive quartz feldspar porphyry rocks.

To view the Figure 3. Pozo De Nacho drill hole locations, local geology map and surface anomalism, please click on the following link: http://www.ccnmatthews.com/docs/figure3.jpg.

The Pozo De Nacho Project is located approximately 100 km. southeast of Hermosillo and is on the western edge of the Sierra Madre Occidental.

A 2006 reconnaissance mapping and sampling over the Pozo De Nacho area identified copper soil anomalies covering an area zone of 1.5 kilometres by 0.5 kilometres wide surrounding a small outcropping porphyry plug. An IP survey revealed a chargeability anomaly approximately 200 metres below surface. Due to mechanical drill problems, none of the holes were able to test the large buried IP anomaly at depth.



Table 2. Pozo De Nacho Molybdenum Drill Results
---------------------------------------------------------------------------
Hole From To Interval MoS2
(m) (m) (m) (%) Comments
---------------------------------------------------------------------------
PDN-DD-01 73.9 78.8 4.9 0.06
---------------------------------------------------------------------------
169.5 175.0 5.5 0.11
---------------------------------------------------------------------------
260.0 304.0 44.0 0.06
---------------------------------------------------------------------------
including 280.0 285.0 5.0 0.21
---------------------------------------------------------------------------
316.0 340.0 24.0 0.04
---------------------------------------------------------------------------
356.0 356.8 0.8 0.18 Hole ended in mineralization
---------------------------------------------------------------------------
PDN-DD-02 174.0 198.0 24.0 0.04
---------------------------------------------------------------------------

---------------------------------------------------------------------------
PDN-RC-01 89.9 111.2 21.3 0.04
---------------------------------------------------------------------------

---------------------------------------------------------------------------
PDN-RC-02 9.1 41.1 32.0 0.05 Hole ended in mineralization
---------------------------------------------------------------------------

---------------------------------------------------------------------------
PDN-RC-02a 1.5 199.6 198.1 0.06 Hole ended in mineralization
---------------------------------------------------------------------------

---------------------------------------------------------------------------
including 41.1 61.0 19.9 0.10
---------------------------------------------------------------------------

---------------------------------------------------------------------------
PDN-RC-03 41.1 83.8 42.7 0.04
---------------------------------------------------------------------------
Samples were collected in 5 foot (1.52 metre) intervals and assayed at ALS
Chemex Laboratory (Vancouver) using ICP-AES.
---------------------------------------------------------------------------


In addition, the drilling also intercepted:

- 46.0 metres @ 0.1% copper from 96.8 metres in PDN-DD-01

- 2.0 metres @ 32g/t silver from 48.0 metres in PDN-DD-02

- 4.6 metres @ 0.06% tungsten to end of hole (199.6 metres) in PDN-RC-2A

The broad lower grade intervals represent molybdenite disseminated throughout altered rock; whereas the higher grade intervals were molybdenite hosted in veins. The true width is not established.

To view the Figure 4. Pozo De Nacho long-section with drill hole locations and IP anomaly, please click on the following link: http://www.ccnmatthews.com/docs/figure4.jpg.

Azure is planning follow-up drilling in 2007 including drill holes to intersect the untested IP anomaly and interpreted porphyry body below 200 metres (See Figure 4).

The information contained in this press release on the Pozo de Nacho Project has been sourced from Azure's Australian Stock Exchange press release dated January 5, 2007 available at www.azureminerals.com.au.



Table 3. Drill Hole Details
---------------------------------------------------------------------------
Project Hole Number North East Dip/Azimuth Total Depth
---------------------------------------------------------------------------
Pozo De Nacho PDN-DD-01 3161850 589390 -60/340 356.8
---------------------------------------------------------------------------
Pozo De Nacho PDN-DD-02 3162100 590260 -60/340 216.2
---------------------------------------------------------------------------
Pozo De Nacho PDN-RC-01 3162370 590480 -60/160 115.8
---------------------------------------------------------------------------
Pozo De Nacho PDN-RC-02 3162100 589750 -60/160 41.1
---------------------------------------------------------------------------
Pozo De Nacho PDN-RC-02a 3162090 589800 -60/160 199.6
---------------------------------------------------------------------------
Pozo De Nacho PDN-RC-03 3161915 590100 -60/340 173.7
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Potreritos POT-RC-01 3294150 602400 -70/315 195.1
---------------------------------------------------------------------------
Potreritos POT-RC-02 3294080 602340 -60/315 189.0
---------------------------------------------------------------------------
Potreritos POT-RC-03 3294410 602310 -60/315 123.4
---------------------------------------------------------------------------


Kennecott Exploration/Geoinformatics Master Strategic Alliance Agreement

The Geoinformatics-Azure joint venture projects mentioned in this press release all fall under the Kennecott/Geoinformatics Master Agreement as described in Geoinformatics' press-release dated August 14, 2006. Under the terms of the Master Agreement, Kennecott retains a one-time back-in right on any property or project or a 2% net smelter royalty if the back-in right is not exercised.

Qualified Persons

The technical content of this release has been provided by Mr. Tony Rovira (MAIMM) of Azure Minerals Ltd. Mr Rovira is a qualified person as defined by National Instrument 43-101 and has 25 years of experience in the minerals and exploration mining industry.

About Geoinformatics

Geoinformatics is a global exploration company which has developed a unique and innovative approach to mineral exploration. The Company is actively exploring several significant properties located in British Columbia (Redton, Kliyul, Mesilinka), the Battle Mountain Trend region of Nevada (Colorback), and Sinaloa, Province, Mexico (La Noria/Azulitas). The Company also has an extensive portfolio of joint ventures, other direct property interests and royalties covering a wide range of minerals in Mexico, Australia, New Zealand and North America.

The Company has entered into a Master Strategic Alliance Agreement with Kennecott under which it will use its scientific and technology platform (the "Geoinformatics Process") which integrates data aggregation, data mining and three-dimensional modeling to identify and prioritize 30 or more exploration drill targets over the initial two years of the Master Agreement. Pursuant to the Master Agreement, Kennecott retains certain royalty and/or back-in rights. The Geoinformatics Process has been designed to assist in understanding and quantifying risk at a much earlier stage of the exploration cycle than has traditionally been available. The Company's objective is to advance its properties to a stage of commercial development by applying faster, less expensive and more reliable analytical methods to resource exploration.

This news release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our current Annual Information Form and other recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements.

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

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