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Geodex Minerals Ltd. (the 'Company') is pleased to announce that the first of three drills has moved on-site to test the Sisson Brook tungsten-molybdenum-copper deposit, located north of Fredericton, N.B. Zone III, the southern part of the deposit, was drilled on 100 metre spaced lines in 2006, defining a near-surface mineralized body approximately 1.0 kilometres long and up to 300 metres wide through its central part. This work resulted in an independent 43-101-compliant Mineral Resource Estimate which was the subject of a News Release on March 28, 2007. The calculated 'inferred resources', using five thresholds ('cut-offs'), range up to 167.5 million tonnes at 0.059% WO3 and 0.021% Mo (77.3 million pounds Mo and 217.6 million pounds WO3).

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