03:20 PM EST - Geologix Explorations Inc : announced the acquisition of an option to earn a 100% interest in the La Carreta gold-copper-silver property in Michoacán State, Mexico. La Carreta property is located approximately 20 km north-east of the Company's Tepal project. The concession covers 207 hectares (2.07 square km) and is proximal to water and power, and accessible via paved highway and agricultural roads. Initial grab samples taken by the Company provided analytical results of up to 2.16 grams per ton (g/t) gold, up to 305.00 g/t silver, and 1.29% copper. Geologix Explorations Inc
shares T.GIX are trading down $0.015 at $0.39.
