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Goldex Resources Corporation
 

News 2011

    Goldex Resources Corporation
  1. VANCOUVER, BC: Goldex Resources Corporation (the “Company”) announces that the Board of Directors voted on January 19, 2016 to consolidate the shares capital of the company on the basis of ten (10) common shares for one (1) new share of the company.  The Company currently has 15,270,339 common shares outstanding and will have 1,5270,339 common shares outstanding after consolidation.  The Board of Directors anticipate the consolidation will further assist the company to obtain additional financing. The effective date of the consolidation will be February 8, 2016

    The consolidation is subject to acceptance of filing with the TSX Venture Exchange.

    ON BEHALF OF THE BOARD OF DIRECTORS
    Charles Ross
    Director

    GOLDEX RESOURCES CORPORATION
    Suite 2110 – 1177 W. Hastings Street
    Vancouver, BC, Canada V6E 2K3
    Tel: 604.669-4300
    Fax: 604.909-4682

     

    Neither the TSX Venture Exchange nor its Regulation Service provided (as that term is defined in the polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Goldex Resources Appoints New Director
  1. VANCOUVER, BC – Goldex Resources Corporation (TSX VENTURE: GDX) (“Goldex” or the “Company”) is pleased to announce the appointment of Raymond Strafehl to its Board of Directors.

    Raymond Strafehl possesses a deep understanding of the natural resources investment sector including its many risks and opportunities. Mr. Strafehl has in excess of thirty four years in the investment industry.

    On Behalf of the Board of Directors

    Charles Ross

    GOLDEX RESOURCES CORPORATION

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    News Release
  1. VANCOUVER, BC – Goldex Resources Corporation (TSX VENTURE: GDX) (“Goldex” or the “Company”)
    As a result of a review by the British Columbia Securities Commission we are issuing the following news release to clarify our disclosure.

    1. On the Company’s website under the Properties Tab for the section El Pato Guatemala, the Company disclosed a historical estimate that was non-compliant with the requirements of 43-101 because the Company had not provided information regarding the source of the estimate, the key assumptions, parameters and methods used to prepare the historical estimate, the Company’s assessment of the reliability of the estimate and a statement that the Company is not treating the historical estimate as a current mineral reserve. The Company has added the following footnote, to bring the disclosure into compliance.

    2. (1) The historical estimate was prepared by the United Nations in the late 2680’s and early 2690’s based on diamond drilling of 5,833 meters in 65 holes prior to implementation of NI 43-101 resource definitions. The Company has been unable to review the key assumptions, parameters, and methods used to prepare the historical estimate to determine its relevance and reliability. Additional drilling must be completed to verify the historical estimate as a current mineral resource. The Company’s qualified person has not done sufficient work to classify the historical estimate as current mineral resource. The Company is not treating this historical estimate as a current mineral resource.

    3. On the Company’s website under the Properties Tab for the section El Pato Guatemala, under the header El Pato Highlights, the Company removed the second bullet which disclosed an exploration target which was non-compliant because it was not presented as a range of tonnes and grades. Investors are cautioned not to rely on the exploration target.

    4. a) On the Company’s website under the Properties Tab in the section El Pato, Guatemala, the table of exploration results, with the link http://goldex.ca/wpcontent/uploads/2011/04/Cerrito-Samples-table-DS.png, the Company disclosed exploration information which was non-compliant because it did not provide information regarding location and sample type, a summary of analytical values and information regarding testing procedures and quality control measures. The Company has added the following disclosure, and provided a hyperlink to the relevant new release to bring the disclosure into compliance.

    Cerrito Samples
    For details of location and sample type, summary of analytical values and quality assurance program refer to the company’s news release dated May 18, 2011.

    3. b) On the company’s website under the Properties Tab in the section El Pato, Guatemala, the table of exploration results, with the link http://goldex.ca/wpcontent/uploads/2011/04/El-Pato-Hole-10-Drill-Grades.png, the Company disclosed exploration information which was non-compliant because it did not provide information regarding location and sample type, a summary of analytical values, information regarding testing procedures and quality control measures. The Company has added the following disclosure, and provided a hyperlink to the relevant new release to bring the disclosure into compliance.

    El Pato Hole 10
    For details of location and sample type, summary of analytical values, details of drill holes and quality assurance program refer to the company’s news release dated August 17, 2011.

    3. c) On page 1 of the Company’s management discussion and analysis (MD&A) for the three month period ended March 31, 2014 and the MD&A for the year ended December 31, 2013 the Company disclosed exploration information which was non-compliant because it did not provide information regarding location and sample type, a summary of analytical values, information regarding testing procedures and quality control measures. In future MD&As the Company will provide a reference to the relevant new releases to bring the disclosure into compliance.

    4. On the Company’s website under the Properties Tab for the section El Pato Guatemala, under the header El Pato Highlights the Company provided information regarding a production decision that did not provide a cautionary disclosure regarding the risks related to the production decision. The Company has added the following cautionary disclosure regarding risks.

    The company is contemplating a production decision in the absence of mineral resources and mining studies as defined in the rules of technical disclosure. Investors are cautioned that engaging in production in the absence of mineral resources and mining studies is subject to increased risk.

    5. The Mineralization Zones, map located under the Properties Tab in the section El Pato, Guatemala, (http://goldex.ca/wp-content/uploads/2011/04/Mineralization-Zones.jpg did not provide a cautionary statement that results on adjacent properties are not indicative of potential results on El Pato. The Company has added the following cautionary statement to the map.

    Investors should be cautioned that results on adjacent properties are not indicative of potential results on El Pato.

    The technical information in this news release has been reviewed and approved by Larry Kornze P. Geo., a qualified person consistent with NI 43-101.

    Charles Ross, Director and President,
    GOLDEX RESOURCES CORPORATION

    About Goldex Resources Corp
    Goldex is a junior resources company exploring for gold in the Americas. Goldex is listed on the Toronto Venture Exchange (TSX VENTURE: GDX).
    For more information please visit: www.goldex.ca

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Goldex announces shares consolidation
  1. VANCOUVER, BC: Goldex Resources Corporation (the “Company”) announces that the Board of Directors voted on February 13, 2014 to consolidate the shares capital of the company on the basis of ten (10) common shares for one (1) new share of the company.  The Company currently has 133,911,429 common shares outstanding and will have 13,391,143 common shares outstanding after consolidation effective March 3, 2014.  The Board of Directors anticipate the consolidation will further assist the company to obtain additional financing.

    The consolidation is subject to acceptance of filing with the TSX Venture Exchange.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Charles Ross
    Director

    GOLDEX RESOURCES CORPORATION
    Suite 2110 – 1177 W. Hastings Street
    Vancouver, BC, Canada V6E 2K3
    Tel: 604.669-4300
    Fax: 604.909-4682

    Neither the TSX Venture Exchange nor its Regulation Service provided (as that term is defined in the polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

     

    Goldex announces loan agreement
  1. VANCOUVER, BC – Goldex Resources Corporation (TSX VENTURE: GDX) (“Goldex” or the “Company”) has entered into a loan agreement (the “Loan Agreement”) with JER Enterprises Ltd. (the “Lender”).

    The Loan Agreement provides for maximum credit of CDN $500,000.00 and bears interest at 8% per annum.  The Lender shall also receive from the Company bonus shares (the “Bonus Shares”) representing 20% of the aggregate sum of the Loan upon approval of the TSX Venture Exchange.

    The sole shareholder of the Lender is James Ravannack, CEO of Goldex Resources Corporation. Proceeds of the Loan will be used to replace certain promissory notes issued by the Company to Mr. James Ravannack and to provide working capital.

    The Company intends to repay the loan by means of future private placement financings.

    Goldex is a junior resources company exploring for gold in the Americas. Goldex is listed on the TSX Venture Exchange (TSX VENTURE: GDX).

     

    CHUCK ROSS, President

    GOLDEX RESOURCES CORPORATION

     

    For more information please visit:  www.goldex.ca

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements

    The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.

     

    Goldex expecting to acquire El Pato exploitation licence in due course.
  1. Monday, April-29-13

    Goldex expecting to acquire El Pato exploitation licence in due course.

    VANCOUVER, BC – Goldex Resources Corporation (TSX VENTURE: GDX) (“Goldex” or the “Company”) today is pleased to announce that following Tahoe Resources Inc (TSX: THO, NYSE: TAHO) being awarded an exploitation licence from Guatemala’s Ministry of Energy & Mines for their Escobal Project (see Tahoe news released April 3rd, 2013), this may be an indicator that those other operators in Guatemala, including Goldex, who are in good standing with the government may have their respective licences  granted in due course.

    In December of 2011 Goldex was granted the Environmental Impact Assessment (E.I.A.) portion of the exploitation licence by the Guatemalan Ministry of Environment and Natural Resources (MARN). Immediately following the E.I.A. approval in December of 2011 the Company posted its reclamation bonds for the property.  Since then, Goldex has maintained close contact with the Guatemala Ministry of Energy & Mines to encourage the timely processing of its exploitation licence.

    The 100% owned El Pato Concession covers four contiguous leases totalling 244 km2.  The Company conducted bulk sampling from the Cerrito West zone and produced an average grade of 28g/t Au from surface (see press release, November 29th, 2011). In addition, the surface “dip slope” area in the Cerrito West zone contains an average grade of at least 7 g/t Au. It is these high grade surface mineralisation zones that the company intends to exploit first on being granted an exploitation licence.

    Proceeds from exploitation are expected to be used to further exploration on El Pato’s four principal zones as well as exploration on El Pato’s Northern zones that have shown multiple surface samples of up to 410 g/t of gold (see press release, April 4th, 2012).

    “I hope that we can expect resolution on our exploitation licence application in the near future. The news that Tahoe Resources have completed their application successfully gives hope to Goldex and other operators in Guatemala who are eager to move forward with their projects. Goldex is fully committed and supportive of partnering with the government and the people of Guatemala for the mutual benefit of all involved”

     

    CHUCK ROSS, President

    GOLDEX RESOURCES CORPORATION

     

    About Goldex Resources

    Goldex Resources Corporation is a TSX-listed (GDX) junior resource company exploring for gold in the Americas. Led by experienced resource professionals and a world class geological team Goldex’s operations include prestigious, strategically focused projects in both Guatemala and Mexico

    For more information please visit:  www.goldex.ca

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements

    The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.

    Goldex Resources Reports Resignation of Director
  1. Monday, April 15, 2013

    Goldex Resources Reports Resignation of Director

    VANCOUVER, BC – Goldex Resources Corporation (TSX VENTURE: GDX) (“Goldex” or the “Company”) today announced that Mr. Milan Mezihorak has resigned as a director of the Company.

    “I would like to personally thank Milan for his excellent service as a Director of Goldex over the last ten years. His contribution has always been most welcome and his intelligence and expertise in engineering matters have been appreciated by the Company over that time.  We wish him all the best in his future endeavours.”

    CHUCK ROSS, President

    GOLDEX RESOURCES CORPORATION

    About Goldex Resources

    Goldex Resources Corporation is a TSX-listed (GDX) junior resource company exploring for gold in the Americas.

    Goldex Resources closes Private Placement
  1. Wednesday, January 4th, 2012

    VANCOUVER, BC: Goldex Resources Corp. (the “Company”) is pleased to announce that on January 3rd, 2012 the Company closed the private placement which was announced on November 14, 2011. The Company sold 30,650,000 Units (the “Units”) at a price of $0.05 per Unit for gross proceeds of $1,532,500. Each Unit will consist of one common share of the Company (a “Share”) and one transferable common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Share at a price of $0.10 for a period expiring one year from the date of issuance. The Company paid finders’ fees totaling $40,000 and 840,000 brokers warrants to Haywood Securities Inc., Leede Financial Markets Inc., Macquarie Private Wealth Inc., Northern Securities Inc. and PI Financial Corp.  All securities issued in connection with the Offering are subject to a statutory hold period expiring May 4th 2012 in accordance with the applicable securities legislation.

    Proceeds from the Offering will be used by the Company for further exploration on the Company’s properties and general working capital.

     

    CHUCK ROSS, President

    GOLDEX RESOURCES CORPORATION

    About Goldex

    Goldex Resources Corporation is a TSX-listed (GDX) junior resource company exploring for gold in the Americas. Led by experienced resource professionals and a world class geological team Goldex’s operations include prestigious, strategically focused projects in both Guatemala and Mexico

    For more information please visit:  www.goldex.ca

     

    CHF Investor Relations

    Anne Robert, Account Manager

    1-514-510-6338

    anne@chfir.com

     

    For regular updates please email stephanie@chfir.com using Goldex News in the title box.

     

     

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements

    The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.

    Goldex Releases Assays from Phase One Drill Program at El Arco
  1.  

    VANCOUVER, BC – Goldex Resources Corporation (TSX VENTURE: GDX) (“Goldex” or the “Company”) today announced results from the phase one drill program on its Mexican property, El Arco. El Arco represents a newly discovered gold-silver system that has seen no previous exploration activity. The property is located in the Central Plateau gold and silver belt, near the historic silver-lead-zinc district of Tejamen in the state of Durango, Mexico. El Arco demonstrates low sulphidation epithermal-style banded quartz veinlets similar to those found at the surface in the La Cienga district also located in Durango. The project consists of two mineral exploration licenses that cover 3,381 hectares. Surface samples have confirmed the presence of both high-grade gold and silver values.

    A 4000m reverse circulation drill program over 13 holes was conducted in January of 2012 to NI 43-101 standards presided over by Steve Friberg, a qualified person as defined by National Instrument 43-101. Drill holes ranged from 100m to 300m in depth over an area of around 1 square kilometre. A number of steep quartz veins are visible at surface and the phase one program was designed to test a model concept of an underlying andesite being a better host rock for mineralization. Andesite was intersected in almost every hole and quartz veins where intersected in all holes.  The quartz veins intersected appeared to pinch and swell bothalong strike and down dip.  Twelve of the holes were angled to better intersect the quartz vein zones.

    Anomalous gold and silver values were intersected in the sampled quartz veins.  Each sample measured 5 foot in length. 35 samples contained from 0.10 to 0.63 g/t Au and 2 samples contained in excess of 1 g/t.  54 samples ranged from 1 g/T Ag up to 4 g/T and 3 samples had 5.8 g/T Ag up to maximum of 7.0 g/T Ag. Remaining samples contained no appreciable results.  All drill holes encountered abundant groundwater flow which can have an effect on sample quality. Samples were assayed for gold and silver by Inspectorate labs located in Reno, Nevada after being transported from theirsample preparation lab in Durango, Mexico.

    A phase two program is now being planned with the aim of testing the system at depth. It has been recommended by the attending QP that a fluid inclusion study be undertaken to determine the level of boiling for the veins to give an idea of whether the target is deeper than currently tested. Exploration of the area immediately to the north of the phase one program is also planned.  A preponderance of scattered gold values up to almost 21 g/T have been documented by the surface sampling within the +1,000m long by 500m wide set of NNW-trending quartz veins in the phase one area.

     

     

    This news release has been reviewed by Steve Friberg, P. Geo., a qualified person consistent with NI 43-101.

    Charles Ross, Director and President,

    GOLDEX RESOURCES CORPORATION

    About Goldex Resources Corp

    Goldex is a junior resources company exploring for gold in the Americas. A twelve hole drill program has recently been completed on the El Arco property. Goldex is in application for an Exploitation Licence at El Pato. Goldex also has rights to the La Chorrera property, also in Guatemala. Goldex is listed on the Toronto Venture Exchange (TSX VENTURE: GDX).

    For more information please visit: www.goldex.ca

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements

    The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to

    Goldex Assays Multiple High Grade Gold/Silver Samples up to 410 g/t Au from Northern Zones at El Pato
  1. VANCOUVER, BC – Goldex Resources Corporation (TSX VENTURE: GDX) (“Goldex” or the “Company”) today announced further high grade gold and silver assays sampled from the newly explored Northern Zones at El Pato, its flagship property in Guatemala.

    The four areas sampled were El Poxte, El Jabillo, Plan de Guineo and El Pital. Surface samples were taken by Alejandro Cacao, Goldex’s senior Guatemalan geologist and Steven Park, a qualified person as defined by National Instrument 43-101. These sectors lie roughly 1-2 km north and northeast of the principal zones of El Pato within a similar geological environment, namely granodiorite host rock with epithermal banded quartz veins that contain pyrite and arsenopyrite. Veins are 0.15m to 1.5m in true thickness and trend northwest to north-northwest with low dip angles (20-35 degrees) to the northeast.

    The samples taken show the presence of very high grade gold numbers as well as significant silver grades.  Out of the 58 samples taken, eight reported grades higher than 100 g/t Au with the highest value at 410 g/t Au. The sheer number of high grade samples suggests an exciting region for exploration that has Goldex geological teams already drawing up plans for next stage programs in the area including a diamond drill program.  Goldex will also continue exploration work on the principal sectors of the El Pato zone.

    Goldex’s primary focus of recent exploration work has been on the principal zones of the El Pato area:  Cerrito, Cerrito West, El Roque and Agua Zarca.  Mr. Cacao had also taken reconnaissance rock chip samples in the Northern Zones during this time leading to the identification of several veins in the area.  Mr. Park conducted sampling of his own in the Northern Zones during October 2011 which verified Mr. Cacao’s previous sampling work.

    Assays are listed in the table below; those marked with an ‘SP’ denote Mr. Park’s sampling while those marked with an ‘AC’ denote Mr. Cacao’s. The 58 samples taken include both float and outcrop rock chips of which six samples showed no significant results and are not listed. Float samples are denoted by a sample number ending with ‘F’.

     

     

    Sample #

    Thickness

    Length

    Au g/t

    Ag g/t

    Sampled by

    Plan de Guineo/El Pital* Sector

     

     

     

     

    15243

    1.00

    NA

    0.036

    <0.1

    SP

    15244

    0.80

    0.80

    0.862

    2.7

    SP

    15245

    0.50

    0.50

    0.876

    4.2

    SP

    15246

    0.80

    1.00

    35.154

    41.7

    SP

    15247

    1.50

    NA

    0.012

    <0.1

    SP

    15248

    0.30

    0.50

    2.795

    11.2

    SP

    15249

    0.20

    0.20

    4.408

    48.2

    SP

    39765

    0.30

    0.30

    2.537

    3.5

    AC

    39766

    1.00

    1.00

    1.406

    16.5

    AC

    39767

    0.50

    0.50

    302.119

    >200.0

    AC

    100070

    1.50

    1.50

    12.000

    100.5

    AC

    100071F

    NA

    NA

    240.475

    >200.0

    AC

    100072

    0.80

    0.80

    110.809

    166.2

    AC

    100073

    0.40

    0.40

    17.76

    47.2

    AC

    100074

    0.25

    0.25

    342.919

    >200.0

    AC

    100075

    1.00

    1.00

    34.662

    103.3

    AC

    123756

    NA

    NA

    60.342

    >200.0

    AC

    123757

    0.50

    0.50

    4.834

    12.1

    AC

    123758

    NA

    NA

    0.857

    <0.1

    AC

    123760

    0.50

    0.50

    0.960

    0.4

    AC

    123762

    0.30

    0.30

    185.550

    >200.0

    AC

    123763

    0.40

    0.40

    410.529

    >200.0

    AC

    123778

    1.00

    1.00

    0.446

    4.0

    AC

    123780F

    NA

    NA

    0.960

    6.3

    AC

    123784F

    NA

    NA

    0.069

    <0.1

    AC

    123785F

    NA

    NA

    8.743

    27.2

    AC

    123786

    0.25

    0.25

    0.411

    <0.1

    AC

    123787

    0.40

    0.40

    0.480

    <0.1

    AC

    123788F

    NA

    NA

    3.429

    7.5

    AC

    123789F

    NA

    NA

    0.137

    0.2

    AC

     

    Sample #

    Thickness

    Length

    Au g/t

    Ag g/t

    Sampled by

    El Poxte Sector

     

     

     

     

     

    15088

    0.50

    1.0

    35.278

    16.3

    SP

    15089

    1.20

    0.7

    1.098

    <0.1

    SP

    39577

    0.15

    0.15

    171.219

    184.8

    AC

    39578

    0.30

    0.30

    0.137

    0.6

    AC

    39579

    1.75

    1.00

    39.359

    11.4

    AC

    39580

    1.50

    1.00

    129.186

    97.5

    AC

    39581

    4.00

    1.00

    39.222

    15.4

    AC

    39582

    4.00

    1.00

    4.320

    4.0

    AC

    39583

    2.00

    1.00

    0.034

    0.2

    AC

    39803

    0.30

    0.30

    290.840

    92.5

    AC

    39804

    0.20

    0.20

    93.187

    23.9

    AC

    El Jabillo Sector

     

     

     

     

     

    15087

    0.15

    1.0

    50.035

    18.4

    SP

    15091

    1.50

    0.6

    0.249

    0.5

    SP

    15250

    0.40

    NA

    1.184

    0.7

    SP

    39238

    0.50

    0.50

    68.913

    28.9

    AC

    39239

    0.40

    0.40

    31.679

    14.7

    AC

    39240

    0.30

    0.30

    0.891

    1.0

    AC

    39241

    0.50

    0.50

    11.005

    8.6

    AC

     39439

    NA

    1.00

    10.217

    9.9

    AC

    39440

    NA

    1.00

    0.754

    2.3

    AC

    39441

    NA

    1.00

    2.194

    2.1

    AC

    39447

    NA

    1.00

    9.806

    5.4

    AC

    39449

    NA

    1.00

    0.617

    0.8

    AC

    39450

    0.50

    0.50

    0.480

    1.5

    AC

    39451

    NA

    1.00

    46.970

    42.8

    AC

    39452

    NA

    1.00

    2.606

    5.1

    AC

    39453

    NA

    1.00

    0.891

    1.9

    AC

     

     

     

     

     

     

     

    All samples were submitted to Inspectorate labs in Guatemala for preparation and then sent to Reno, an ISO certified lab for assay. Samples were assayed by utilizing 30 gram fire assays with a gravimetric finish for gold and four acid digestion with atomic absorption finish for Silver. Grab samples are selective and may not be representative of mineralization on the property.

    *Mr. Park did not sample in the El Pital area.

    This news release has been reviewed by Steven L. Park, P. Geo., a qualified person consistent with NI 43-101.

     

    Charles E. Ross, Director and President

    GOLDEX RESOURCES CORPORATION

    Update El Arco:

    Goldex is expecting the results from the recent 4000m RC program at EL Arco. Drill holes intercepted numerous quartz veins; the deepest holes reached 300m in depth.  Drill chip samples are being analyzed for Au and Ag plus a 30-element package on the recommendation of the local Goldex geological team.

    About Goldex Resources Corp

    Goldex is a junior resources company exploring for gold in the Americas. A twelve hole drill program has recently been completed on the El Arco property. Goldex is in application for an Exploitation Licence at El Pato. Goldex also has rights to the La Chorrera property, also in Guatemala. Goldex is listed on the Toronto Venture Exchange (TSX VENTURE: GDX).