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Geodex Minerals Ltd., (the 'Company') is pleased to report receipt of an independent resource estimate for its Sisson Brook deposit, located north of Fredericton, New Brunswick. The estimate was prepared by Mercator Geological Services Limited (Mercator) of Dartmouth, Nova Scotia under supervision of Mr. Michael Cullen, P. Geo. and independent geological consultant Mr. H. Andrew Daniels, P. Geo., both Qualified Persons as defined under National Instrument 43-101 (NI 43-101). The estimate is considered compliant with NI 43-101 and a Technical Report supporting the estimate will be posted on SEDAR within 45 days.

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