Geologix Explorations Inc. (TSX:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(STUTTGART:GF6)(MUNICH:GF6) today announced the company has entered into an agreement with Arian Silver Corp. According to the agreement, Geologix has been granted the exclusive rights to purchase Arian’s 100% interest in the Tepal Gold-Copper Project in the state of Michoacan, Mexico.
The press release is quoted as saying:
The Tepal Project is located in the northwest portion of Michoacan State, Mexico. Local and regional infrastructure is excellent, with paved roads, deep sea port access, and low topographical relief. The project is comprised of 6 concessions covering approximately 138 square kilometres.
