Geologix Explorations Inc.
TSX VENTURE : GIX

Geologix Explorations Inc.

August 25, 2005 08:41 ET

Geologix Aggressively Explores QC and Farrell Canyon Prospects in Nevada

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 25, 2005) - Geologix Explorations Inc. (the "Company") (TSX VENTURE:GIX) is pleased to report on continuing exploration at it's QC and Farrell Canyon Prospects. QC consists of 121 claims (2420 acres on BLM land) centered on gold-bearing jasperoids hosted in favorable carbonate rocks in the southern Quinn Canyon Range of eastern Nye County, Nevada . Primary targets are Carlin-type stratabound gold deposits in permissive carbonate stratigraphy and cross-cutting silicified structures (Meikle-type targets).

Outcropping oxidized jasperoids are widely developed within thin-bedded carbonate units of the Cambrian Windfall/Nopah Formations along a 5 kilometer long trend of alteration and mineralization that parallels the contact between the Paleozoic sedimentary rocks and altered Tertiary volcanic rocks. Anomalous gold values ranging from 0.02 to 1.0 grams per tonne as well as highly anomalous As, Sb, Ba, Tl, Te, and Se are associated with the jasperoids. Widespread bleached and sanded zones occur peripheral to the silicified carbonates. Porphyritic intrusive rocks (dacites-latites?) are exposed locally in the bleached areas.

Pervasive gold mineralization has currently been identified in rock and soil samples along 2 kilometers of the known trend. The overlapping rock and gold in soil anomaly varies from 100 to 300 meters wide by 2 kilometers long as exposed. Sampling continues to trace its overall extent. The Cambrian and other Paleozoic sedimentary rocks underlying QC are considered to be excellent potential host rocks for gold mineralization as they contain numerous historic and current gold deposits and resources in the Eureka District, 115 miles to the north.

Detailed geologic mapping has begun as well as continued geochemical sampling. A ground-based magnetic survey is also being considered to help with locating drill hole targets.

The Company controls 80 unpatented claims located in the Farrell Canyon area in the Seven Troughs Range, in Nevada. Initial exploration results included 79 rock chip samples with gold values ranging from 0.005 g/t to 9.16 g/t from silicified volcanic breccias and sedimentary rocks. Geological targets at Farrell Canyon include both vein and disseminated gold and silver deposits of the volcanic-hosted, low-sulphidation type similar to the adjacent Wildcat deposit, Seven Troughs, Rosebud, and Sulphur-Hycroft.

Recent soil sampling results (116 samples) has identified an anomalous gold zone that is 100 to 200 meters wide and 300 meters long in a N-NE trend. Despite limited outcrop exposure, the gold in soil anomaly overlaps well with the rock chip anomalies. Approximately 300 follow-up soil samples have expanded the gold anomaly to 700 meters in length and is still open. Gold in soil values range up to 1 g/t with many in the 0.25 to 0.7 g/t range. A Magnetic Survey has resulted in the interpretation of numerous North trending structures with are coincidental with the gold anomaly.

Company exploration crews are continuing an aggressive geological mapping and continued surface sampling program.

The historic Seven Troughs district is located 6 miles to the southwest and produced 158,468 oz. Au and 995,876 oz Ag from N-S trending structures in rhyolites, andesites, and basalts from 1907 to 1947. The Seven Troughs JV currently controls the ground and estimates a geologic resource of 1,056,000 oz Au (0.088 opt Au) and 2,000,000 oz Ag (no grade indicated).

The Rosebud mine is located 18 miles northeast of Farrell and produced a small amount of gold and silver from quartz veins in rhyolites from 1908 to 1947. In the 1990's Hecla/Lac/Equinox produced approximately 500,000 tons of underground ore at grades of 0.392 opt Au and 2.92 opt Ag. The ore was shipped to Newmont's Twin Creeks facility for processing.

The Sulphur/Hycroft District is located about 24 miles northeast of Farrell and is now controlled by Vista Gold. Hycroft produced just over 1.1 million ounces of gold from 1987 to 1997 in volcanic sediments and rhyolites from heap leaching on site. Vista announced measured and indicated reserves of 47,479,000 tons at 0.0159 opt Au (754,000 oz Au).

Vista Gold also controls the Wildcat prospect which is located immediately to the west of our Farrell claims. Vista announced a drill indicated resource of 38,108,300 tons at 0.018 opt Au (679,800 oz Au) in volcanic sediments and structures.

For more detailed information on QC and Farrell Canyon along with the Company's other projects, please visit our web page at www.geologix.ca.

All samples have been collected by Geologix's Nevada field crews in accordance with industry standards and were submitted to ALS Chemex Laboratory Services Limited of Vancouver, British Columbia. The Company's President and Chief Executive Officer, Robert D. Willis P. Geo., a 'qualified person' for the purposes of National Instrument 43- 101 Standards of Disclosure for Mineral Properties, has verified the data disclosed in this news release including sampling, analytical and test data. Sample analysis was completed by ALS Chemex Laboratory Services Limited of Lima, Peru and Vancouver, British Columbia. Samples were fire assayed for gold, with AA finish; results for other elements used the ICP procedure.

Geologix Explorations Inc. is a mineral exploration company focused on acquiring, exploring and developing mineral 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.

This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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

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