Large Epithermal Precious Metal Target Identified  

VANCOUVER, BC - Geologix Explorations Inc. reported that it has completed a geophysical survey (Induced Polarization/Resistivity or "IP") over a 3.5 square kilometre ("km2") area within the Libertad property in Sonora State, Mexico. The results of the survey demonstrate the presence of a large resistivity anomaly associated with surface gold and silver mineralization. The anomaly runs 1.3 kilometres ("km") in strike length and 700 metres ("m") in width and will be the target of a proposed drill program at Libertad.

The survey was conducted over an internal area of the project (the Destierro claims) that hosts previously outlined surface gold and silver mineralization, including trench sample results of 9.91 grams per tonne (g/t) gold and 230.3 g/t silver over 3.50 m, and 2.23 g/t gold and 52.5 g/t silver over 13.10 m, within an extensive zone of quartz veining, stockwork development, and silicification over a strike length of 1.25 km (see Geologix press release dated March 16, 2010). The newly identified anomaly increases at a depth of less than 100 m to a potentially significant zone of silica flooding (hydrothermal silica chamber). The company's address is Suite 1753 - 595 Burrard Street, P.O. Box 49172, Three Bentall Centre, Vancouver, BC V7X 1K8.