Geoinformatics Exploration Inc.
TSX VENTURE : GXL

Geoinformatics Exploration Inc.

June 08, 2007 09:30 ET

REPEAT: Geoinformatics Announces Conference Call/Webcast for June 8, 2007

TORONTO, ONTARIO--(Marketwire - June 8, 2007) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES PERSONS

Geoinformatics Exploration Inc. (TSX VENTURE:GXL) ("Geoinformatics" or the "Company") today announced the acquisition of the Whistler Project from Kennecott Exploration Company and will hold a conference call for analysts and investors to discuss the project on Friday, June 8, 2007 at 10:30 a.m. (Eastern Standard Time).

Kevin L. Snook, Chairman, Nick Archibald, Chief Executive Officer and Petra Decher, President and Chief Financial Officer will be available to answer questions during the call.

To participate in the call, please dial 416-340-2216 or 1-866-898-9626 about five minutes prior to the start of the call.

A live presentation and audio webcast of the conference call will be available at www.vcall.com/IC/CEPage.asp?ID=117865.

An archived recording of the call will be available at 416-695-5800 or 1-800-408-3053 (Passcode 3225984) from 12:00 p.m. on June 8, 2007 to 11:59 p.m. on July 22, 2007. An archived recording of the webcast will also be available at Geoinformatics' website.

About Geoinformatics

Geoinformatics is a global exploration company which has developed a unique and innovative approach to minerals exploration. The Company is actively exploring several significant properties located in British Columbia, the Battle Mountain Trend region of Nevada, and the State of Sinaloa, Mexico. 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 and New Zealand and North America.

The Whistler Project is an advanced stage gold-copper porphyry project which provides Geoinformatics with a significant new discovery and a large exploration portfolio in the prospective Alaskan Range porphyry province.

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 agreement. Pursuant to the Alliance 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.

Contact Information

  • Geoinformatics Exploration Inc.
    Kevin L. Snook
    Chairman
    (416) 861-1300 x226
    Email: kevins@geoinformex.com
    or
    Geoinformatics Exploration Inc.
    Dr. Nick Archibald
    Executive Vice-Chairman and CEO
    (416) 861-1300 x224
    Email: nicka@geoinformex.com
    or
    Geoinformatics Exploration Inc.
    330 Bay Street, Suite 1109
    Toronto, Ontario M5H 2S8
    Website: www.geoinformex.com