Geodex Minerals Ltd. (TSX VENTURE:GXM)(PINK SHEETS:GXMLF)(FRANKFURT:G2W) announced that Teck Resources Limited has not elected to exercise its option to acquire an interest in Geodex's Mount Pleasant West Project in New Brunswick.

The press release is quoted as saying:

Geodex holds the Mount Pleasant West Project in south-central New Brunswick through an extensive land position of approximately 20 km by 10 km acquired by independent staking and option agreements. The project is located adjacent to the Mount Pleasant mine property (owned by Adex Mining Inc.) and is prospective for a variety of granite-related deposits of molybdenum, tungsten, tin and indium.

Click here to access the entire press release ^[1]

Click here to access Geodex-Minerals Corporate Site ^[2]