VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 27, 2017) - Geologix Explorations Inc. (TSX
VENTURE:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(STUT:GF6)(MUN:GF6) ("Geologix" or "the Company") is pleased to announce that the
Preliminary Economic Assessment ("PEA") on its 100% owned Tepal Gold/Copper Project located in southwest Mexico has been filed on
SEDAR. The PEA results were previously disclosed in the Company's news release dated January 19, 2017.
The PEA is entitled "Preliminary Economic Assessment on the Tepal Project, Michoacán, Mexico" effective January 19, 2017 and
signed February 24, 2017 (the "Technical Report"). The Technical Report was authored by independent Qualified Persons, and is in
accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
The Technical Report is available under the Company's profile at www.sedar.com and can also be found on the Company's website at www.geologix.ca.
About Geologix Explorations Inc.
Geologix is a mineral exploration and development company focused on acquiring, exploring, and developing mineral resource
opportunities with the potential to host profitable mining operations. The Company's primary focus is the Tepal Gold/Copper
Project in Michoacán, Mexico.
On behalf of the Board of Directors,
Kiran Patankar, President and Chief Executive Officer